# WorldWide Electric Corporation acquires North American Electric, Inc.

WorldWide Electric Corporation announced the acquisition of North American Electric, Inc., combining two customer-centric organizations in the industrial electric motors, motor controls, gear reducers and generators market. North American Electric operates a UL508A-certified facility in Hernando, Mississippi.

- Type: Acquisition
- Announced: 2024-01-08
- Where: Hernando, Mississippi, United States
- Status: announced
- Products: electric motors, motor controls, gear reducers, generators, motor control panels
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [WorldWide Electric](https://endata.com/companies/45648.md) (acquirer)
- [North American Electric, Inc.](https://endata.com/companies/74821.md) (target)

## Sources

- [bourse.lavenir.net](https://bourse.lavenir.net/communiques/-US/worldwide-electric-corporation-announces-the-acquisition-of-north-american-electric-inc-4MWOUKfhuvj), 2024-01-08: "We are thrilled to welcome North American Electric's Team into the WorldWide Electric family."
- [fluidpowerjournal.com](https://fluidpowerjournal.com/worldwide-electric-corporation-announces-the-acquisition-of-north-american-electric-inc/), 2024-01-11: "WorldWide Electric Corporation is excited to announce the acquisition of North American Electric, Inc."

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