LV AC motor sales likely to decline further in 2024
11 January 2024 Growth in the global market for low-voltage AC motors market slowed from 16.4% in 2022 to 4.2% in 2023, and will fall back even further… Read More
11 Oct 2026
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AUTOMATION FOR MANUFACTURING
worldwide
11 January 2024 
UK joins pledge to double motor system efficiencies by 2030
20 October 2021 Ten countries, including the UK, have pledged to double the efficiency of their electric motor systems and those of three other technologies – air-conditioners, refrigerators… Read More
Gresham buys Relec for $4m to boost its presence and capacity
2 December 2020 Gresham Worldwide has acquired the Dorset-based power electronics and display technology specialist, Relec Electronics, for around $4m, with potential performance-related payments of up to $665,000. Read More
Siemens to spin off mechanical drives unit as Flender GmbH
29 June 2017 Siemens has announced that its mechanical drives (MD) business will operate as a separate, wholly-owned subsidiary to be known as Flender GmbH, a Siemens company,… Read More
Invertek sells its millionth VSD and prepares to expand
31 January 2017 The Welsh drives-maker Invertek Drives has achieved the milestone of selling more than one million variable-frequency drives worldwide since its was founded in 1998 by… Read More
