Cleveland leveraged buyout firm Riverside Co. has acquired Baldor Electric Co.'s U.S. power services operating segment for undisclosed terms. The segment has operated under the name Reliance Electric ...
Cutback: Reliance Electric Co. said Friday it will cut nearly 500 jobs in a restructuring by the Cleveland-based manufacturer of industrial and telecommunications products. About 300 people will be ...
The $1.8 billion sale of Rockwell Automation Inc.'s Reliance Electric Co. unit to Baldor Electric Co. is now expected to close around Jan. 31 after the deal cleared federal review Tuesday. Rockwell ...
Four former Reliance Electric Co. executives who've maintained Cleveland ties as an investor group have acquired an Oklahoma-based indus- trial distributor that's five times the size of their own ...
NEW YORK (MarketWatch) - Baldor Electric Co. said Tuesday it agreed to buy Reliance Electric Co., the power systems business of Rockwell Automation Inc. , for $.175 billion in cash and 1.6 million ...
Mayor Oscar Leeser complained in a recent column in the El Paso Times that El Paso Electric was again seeking another rate increase to cover its operating expenses. He pointedly described the $3 ...
SHANGHAI, Oct 28 (Reuters) - Indian billionaire Anil Ambani's Reliance Power inked an $8.3 billion deal with China's Shanghai Electric Group <2727.HK>, a contract which both firms touted as the single ...
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