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IGW (Industrial Gears Watteeuw) is an international gear and gearbox manufacturer. The company has its headquarters, IG Watteeuw International nv, in Oostkamp (Belgium). Additionally, it has locations in Brno (Czech Republic), Iași (Romania), Suzhou (China) and Zanesville, Ohio (USA). Globally, IGW employs over 1,000 people.
Altra Industrial Motion went public in December, 2006. It trades on the NASDAQ exchange under the symbol AIMC. [5] In 2019, they recorded sales of US$2 billion. In October 2022, Altra Industrial Motion agreed to be acquired by Regal Rexnord Corp. in a deal worth around $5 billion including debt. [6] The acquisition was completed in March 2023.
Regal Rexnord Corporation is a manufacturer of electric motors and power transmission components based in Milwaukee, Wisconsin.The company has manufacturing, sales, and service facilities throughout the United States, Canada, Mexico, Europe and Asia, with about 29,000 employees.
Also, in February 2014, it was reported and confirmed that most of the Detroit/Hamtramck manufacturing site had been sold [6] to a California-based Industrial Realty Group, IRG LLC who specialize in the use of industrial buildings for other developments such as apartment complexes. In 2014, American Axle continued to own its headquarters and ...
Nexteer Automotive is a major supplier in the automotive industry, specializing in the production of electric and hydraulic power steering systems, steer-by-wire systems, steering columns, intermediate shafts, driveline systems, and software for original equipment manufacturers .
After the war, sales of oil equipment slowed, but sales of trailers and industrial gears did better. The company had conflicts with organized labor in the 1950s and much of the 1960s. In 1970 the company's name was changed to Lufkin Industries, and three divisions were established: Machinery, Trailer, and Automotive/Industrial Supplies.
In 2018, Dana announced that it was buying a majority stake in TM4 Inc., [9] a company specialized in electric powertrains, for C$165 million (US$127 million). In 2019, Dana acquired privately held SME Group (Italy). [10]
Meritor, Inc. is an American corporation headquartered in Troy, Michigan, which manufactures automobile components for military suppliers, trucks, and trailers. Meritor is a Fortune 500 company. [ 2 ]
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