CHICAGO, and RALEIGH, N.C., Jan. 14 /PRNewswire-FirstCall/ -- S&C Electric
Company has purchased the Power Quality business operation from Siemens Power
Transmission & Distribution, Inc. of Raleigh, NC.
This operation, located in Orlando, Florida, designs and manufactures
dynamic voltage restorers (DVRs) and other power quality and stability devices
for high-tech customers. Sensitive computer-controlled processes are
especially susceptible to voltage sags and fluctuations. These power quality
problems can cost manufacturers millions of dollars a year in lost production
time and materials. Power quality devices such as DVRs keep voltages stable by
continually monitoring and compensating for sags and swells.
The operation will be integrated into S&C's Power Electronics Division,
which is responsible for the PureWave(R) family of power-electronic switching
systems. The PureWave product line includes the PureWave Source-Transfer
System and PureWave UPS System.
John Estey, President of S&C Electric Company stated, "We are very pleased
to assume responsibility for the Power Quality business. S&C has an
extensive portfolio of products and services to improve the power quality
supplied to critical customers and the Power Quality business is a great
complement to these solutions. The product line is a great fit for S&C and has
come about at a good time for us."
"This deal is a win-win for both Siemens and S&C," added Jan van Dokkum,
President and CEO of Siemens Power Transmission & Distribution. "It allows us
to focus like a laser beam on the high-voltage systems business and our
utility customers, while rounding out S&C's portfolio of distribution products
for industrial customers."
About S&C Electric Company
S&C Electric Company, headquartered in Chicago, IL, specializes in the
development and manufacture of innovative products for the electric power
industry, as well as the delivery of comprehensive, expert services for this
industry. The company has engineering offices and manufacturing facilities in
Chicago, IL, and East Troy, WI. S&C subsidiaries operate in Alameda, CA;
Toronto, Canada; Curitiba, Brazil; and Suzhou, China. For more information
visit http://www.sandc.com.
About Siemens Power Transmission & Distribution (USA)
Siemens Power Transmission & Distribution, Inc., headquartered in Raleigh,
NC, creates innovative equipment and energy service solutions for electric
utilities, independent power producers, co-generators and other
energy-intensive industries. It has operations in Orlando, FL; Wendell, NC;
Jackson, MS; Lafayette, IN; Minneapolis, MN; San Jose, CA; Atlanta, GA and
Reynosa, Mexico. For more information visit http://www.ptd.siemens.com.
SOURCE S&C Electric Company and Siemens Power Transmission &
Distribution,
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Related links:
http://www.sandc.com
http://www.ptd.siemens.com
Company News On-Call:
http://www.prnewswire.com/comp/000728.html
CONTACT:
Steven A. Strand of S&C, sstrand@sandc.com;
or Rita Simonetta of Siemens, rita.simonetta@ptd.siemens.com
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