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IPS, a North American leader in industrial and commercial power solutions, acquired Tampa Armature Works, Inc. (TAW), including all eleven TAW locations serving the Southeastern U.S., Caribbean, South America, and internationally.
IPS agreed to acquire ABB's U.S. and Canadian hydro generator rewind and transformer repair businesses, including facilities in Beloeil, Quebec and Denver, Colorado. The transaction is expected to close in Q2 2022.