# Orchid Monroe acquires Carter Motor Company to expand electric motor production

Orchid Monroe and Carter Motor Company signed an agreement structured as an acquisition of Carter by Orchid. Carter will move into Orchid's larger facility and Orchid will manufacture some of Carter's components going forward.

- Type: Acquisition
- Announced: 2020-05-21
- Status: announced
- Products: DC motors, universal motors, gearmotors, custom motors, converters, tachometers, generators
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Orchid Monroe](https://endata.com/companies/6525.md) (acquirer)
- [Carter Motor Company](https://endata.com/companies/6526.md) (target)

## Sources

- [magneticsmag.com](https://magneticsmag.com/a-game-changer-carter-motor-company-joins-orchid-monroe/), 2020-05-21: "Orchid Monroe and Carter Motor Company have signed an agreement to join forces."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.