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Thomas and Betts was founded in 1898 by two young engineers from Princeton University, Robert M. Thomas and Hobart D. Betts. [1] They formed an agency for selling conduit to electrical distributors during a time when incandescent electric lighting was first introduced to New York City . [ 1 ]
In 2011, Baldor was acquired by ABB Ltd of Switzerland in an all-cash deal of US$4.2 billion ($1.1 billion debt included). The company continued to operate as Baldor Electric Company A Member of the ABB Group. On March 1, 2018, Baldor Electric Company's name was dissolved into the ABB brand, becoming ABB across all of its locations.
On 30 January 2012, the company announced the acquisition of Thomas & Betts, a North American specialist in low voltage products for industrial, construction and utility applications, in a $3.9 billion cash transaction. [49] On 15 June 2012, ABB completed its acquisition of commercial and industrial wireless technology specialists Tropos. [50]
The Thomas Register of American Manufacturers, now Thomas, [1] is an online platform for supplier discovery and product sourcing in the US and Canada. It was once known as the "big green books" and "Thomas Registry", and was a multi-volume directory of industrial product information covering distributors, manufacturers and service companies [2] within thousands [3] of industrial categories ...
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Some troops leave the battlefield injured. Others return from war with mental wounds. Yet many of the 2 million Iraq and Afghanistan veterans suffer from a condition the Defense Department refuses to acknowledge: Moral injury.
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