GREENVILLE, S.C. – IPS, the North American leader in the service and repair of electric motors, generators, power transmission and mechanical components, has agreed to acquire ABB’s U.S. and Canadian hydro generator and transformer repair businesses. The sale includes ABB’s Beloeil, Quebec coil manufacturing facility and its Denver, Colorado service center. The transaction is expected to close in the 2ndQuarter of 2022. Financial details of the transaction were not disclosed.