GREENVILLE, S.C., Sept 4 (Bernama-GLOBE NEWSWIRE) — Integrated Power Services (IPS), a North American leader in the servicing, engineering, and remanufacturing of electrical, mechanical, and power management systems, has finalized the acquisition of ABB’s Industrial Services business, effective August 31, 2024. With locations in Arizona, Indiana, North Carolina, Alberta, and Ontario, ABB Industrial Services provides the highest-quality repair and field service capabilities for electric motors up to 50,000 HP and low- and medium-voltage switchgear equipment from 480V to 15kV. These service centers also perform rotating equipment repair of pumps, compressors, blowers, bearings, gearboxes, and OHV mining drivetrains.
“This acquisition will permit IPS to add locations where customers have urged us to offer services” said John Zuleger, IPS President and CEO. “These five locations will enhance our capabilities in renewables, copper mining, and power management aftermarket industrial services. Additionally, IPS will now be the home of 115 additional talented employees, and the legacy technology and expertise from the General Electric and ABB heritage of these newly acquired sites.”