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Articles & News on Motors and Drives

Siemens to Sell Innomotics to KPS Capital Partners

  • May 16, 2024
  • News

Innomotics is a global leader in electrical motor and large-drive business with €3.3 billion in revenue that employs approximately 15,000 people.

Siemens to Acquire Industrial Drive Technology Business of ebm-papst

  • March 21, 2024
  • News

Siemens AG has signed an agreement to acquire the industrial drive technology (IDT) business of ebm-papst.

Neugart Announces New Management Structure

  • March 15, 2024
  • News

For the first time in Neugart's almost one hundred-year history, the company's two managing directors are not members of the owner families.

The Evolution of Low Voltage AC Drives Toward Compact, Multi-axis, Integrated Solutions

  • by Brianna Jackson
  • February 28, 2024
  • Feature

The low voltage AC drive market is currently undergoing a profound shift.

Innomotics: Who Will Purchase This Motor Giant?

  • by Vanessa Lopez
  • February 26, 2024
  • Opinion

In 2022, Siemens announced its intention to separate its motors division, large drives division and a handful of other related divisions into a separate entity: Innomotics. In November 2023, the company announced it is preparing Innomotics for sale and is actively seeking a buyer.

Flender Purchases Green Electricity Produced with Its Own Gearboxes via ECO2GROW

  • February 15, 2024
  • News

Drive manufacturer Flender has partnered with renewable energy provider ECO2GROW to purchase green electricity directly from wind and solar power plants.

Product Variety and Volume Volatility Resolved in E-commerce

  • February 13, 2024
  • News

Robotics and Drives Services delivers maximum agility, high throughput and optimized real-estate in demanding customized pick-and-package operations.

Low Voltage AC Drive Shipments Exceed 20m in 2023

  • February 6, 2024
  • News

The low voltage (LV) AC drive market saw unit shipments surpass 20 million in 2023 as the market continues to expand.

Somfy North America Joins Q-SYS Technology Partner Program

  • January 30, 2024
  • News

Somfy and Roll-A-Shade have partnered for Q-SYS to develop a control plugin to automate Somfy motors for the Q-SYS Platform.

NORD DRIVESYSTEMS Delivers Efficient, Reliable Drive Solutions to Keep the Post and Parcel Industry Moving

  • January 29, 2024
  • News

NORD’s drive solutions focus on efficient technology to reduce system variants, lower total cost of ownership and reduce energy consumption.