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Ideal Electric has acquired the Large Synchronous Machines and Large Induction Motors product lines of the former Louis Allis Company, along with related IP. The financial terms were not disclosed.
“Ideal Electric has acquired the Louis Allis Large Synchronous Machines and Louis Allis Large Induction Motors product lines of the former Louis Allis Company of Milwaukee, Wisconsin.”drivesncontrols.com
Summarized from public sources; check the original articles before acting on it.