GREENVILLE, S.C. – Integrated Power Services (IPS) 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 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 now will 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.”
The acquisition of ABB Industrial Services follows IPS’s acquisition of ABB’s hydrogenerator and transformer repair business in June 2022. The five ABB electric motor, generator, mechanical, switchgear and circuit breaker industrial service centers were a part of a General Electric Industrial Solutions acquisition by ABB in June 2018.