This website uses cookies primarily for visitor analytics. Certain pages will ask you to fill in contact details to receive additional information. On these pages you have the option of having the site log your details for future visits. Indicating you want the site to remember your details will place a cookie on your device. To view our full cookie policy, please click here. You can also view it at any time by going to our Contact Us page.

RA to acquire medium voltage drives business of Harbin Jiuzhou Electric Co

14 August 2012

Rockwell Automation announced it has agreed to purchase the assets of the medium voltage drives business of Harbin Jiuzhou Electric Co., Ltd. The purchase price is RMB 530 million (approximately $83 million US dollars). Closing is expected in October.

The acquisition strengthens Rockwell Automation’s presence in the Asia-Pacific motor control market by adding significant capabilities in design, engineering and manufacturing of medium voltage drive products. It also provides access to grid-tie inverter technology. Jiuzhou has successfully served as Rockwell Automation’s contract manufacturer for seven years, in addition to its own well-established customer base.

“Jiuzhou’s medium voltage drives business accelerates our emerging markets strategy,” said Mike Laszkiewicz, vice president, general manager, Rockwell Automation power control business. “It will enhance our position in the critical Asia-Pacific region by strengthening capabilities in the mid- and higher-power rated product lines.”

“This acquisition demonstrates an evolution and commitment to growing the long-term customer relationships we established as a contract manufacturer for Rockwell Automation,” said Dr. Li Yin, Jiuzhou chairman of the board. “Our customers will benefit from Rockwell Automation’s advanced manufacturing, research and development capabilities, and global distribution. Our employees will now join a successful, global leader in technology that offers a competitive and comprehensive product and service portfolio in the automation industry. We’re pleased to culminate our successful business relationship with Rockwell Automation.”

“As China expands the consumer side of its economy, investment will continue to grow, requiring energy-saving measures in factories and integrated power applications across many industries,” said Bob Ruff, president, Rockwell Automation Asia-Pacific. “Subsequently, the market opportunities for power control in OEM, process, and heavy industry markets in Asia are expected to provide significant growth potential for this acquisition. Medium voltage drives are integral to many large automation projects. These drives help to maximize asset availability and manage energy consumption.”

Rockwell Automation employs more than 1,900 people in China, working among its 35 sales offices, five training centres, manufacturing facilities, a global research and development centre and a software development centre. More than 6,000 Chinese students are also trained annually, through Rockwell Automation laboratories and an award-winning educational program offered at more than 50 universities throughout 20 provinces.

Jiuzhou serves customers in the electric power, petrochemical, steel, metallurgy, municipal, cement and construction industries. Its medium voltage business will be aligned with the Rockwell Automation Control Products & Solutions operating segment.

Harbin Jiuzhou Electrical Co., Ltd. focuses on research and development, manufacturing, sales and services of high power, electrical and electronic equipment. Products include medium voltage drives, direct current power supplies, switch gear and wind inverters. Jiuzhou was established in 2000 and is registered in Harbin.


Contact Details and Archive...

Print this page | E-mail this page

RELATED CONTENT...


Article image Is your company best in class?

The challenges facing the food and beverage industry are many, but they are not insurmountable.Full Story...

Article image Inspiring tomorrow’s food engineers

The Appetite for Skills initiative is continuing throughout 2014 in a bid to inspire young people to consider a career in the food and beverage industry.Full Story...

Improve your productivity and profit with the latest food processing innovations at Foodex 2014

Findus Group acquires leading frozen potato brand

Food producers must embrace innovation warns 2 Sisters

RELATED SPONSORED ARTICLES...


Article image Is your company best in class?

The challenges facing the food and beverage industry are many, but they are not insurmountable.Full Story...

Article image Improve your productivity and profit with the latest food processing innovations at Foodex 2014

Foodex 2014, the UK’s premier trade event for the food and drink industry, is returning in 2014 to offer a one-stop shop for food processing professionals across the full industry spectrum including bakery, beverage, dairy, fresh, ingredients, logistics, meat and seafood sectors.Full Story...

Gainsborough Engineering – Automatic packaging machinery engineers

A4E: Bosch Rexroth is headline sponsor

MOST VIEWED...


Article image Spray and save on the glazing process

Food glazes are widely used in the bakery sector to improve the look and taste of baked products. Traditionally, this coating process has resulted in substantial waste. Technology advances mean that this is no longer the case. Full Story...

Article image Your flexible friend in the food factory

Suzanne Gill finds out where thermal imaging technology can help around the factory. Full Story...

What role does refrigeration play in the supply chain?

A dry-ageing process improvement

Self diagnostics: an enabler for predictive maintenance

http://www.appetite4eng.co.uk