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Article: Business briefs
- Article from:
- Electrical Apparatus
- Article date:
- August 1, 2007
- Author:
CopyrightCopyright Barks Publications Aug 2007. Provided by ProQuest LLC. (Hide copyright information)
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Fasco operations being sold to Regal Beloit
The residential and commercial operations of Fasco, along with the stock of its Asian and Pacific operations, are being sold by Tecumseh Products Co. to motor manufacturer Regal Beloit of Beloit, Wis., for $220 million in cash. The acquisition includes the Fasco businesses that make and market motors and blowers for alternative fuel systems, water heaters, and HVAC systems. Fasco's operations are based in Eaton Rapids, Mich., and Tecumseh Products is based in Tecumseh, Mich.
A.O. Smith in China boiler venture
Milwaukee-based motor and water heater manufacturer A.O. Smith has signed an agreement with Fagor Electrodomésticos of Arrásate, Spain, to ...