Nidec Acquires U.S.-Based KB Electronics, Inc.

KYOTO, Japan (Sept. 2, 2015) – Nidec Corporation has acquired full ownership of KB Electronics, Inc. from its founding members through Nidec’s subsidiary, Nidec Americas Holding Corporation. Nidec is developing new growth platforms in the automotive, appliance, commercial and industrial markets. Beginning with the acquisition of Emerson's motors and controls division in September 2010, the company has expanded its product offerings through acquisition. KB, a privately owned U.S. company, offers a full line of controls for AC and DC motors from fractional through 5 horsepower, primarily used for industrial automation, heating, ventilating and air conditioning (HVAC), pumps and material handling systems. The company manufactures more than 200 types of standard off-the-shelf controls for a variety of industrial and commercial applications. "The addition of KB drives and controls into the Nidec product portfolio expands our ability to provide packaged solutions to customers who want to pair a simple AC input variable speed control with a motor," said Kei Pang, president and CEO of Nidec. "KB's people and products do an excellent job of delivering what their customers really want: quality, customization and simple-to-use products. With this acquisition, we have the ability to provide a variable speed solution for every motor we offer." Nidec Corporation manufactures commercial, industrial and appliance motors and controls.