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[July 2007]
SKF Acquires Electric Motor Diagnostics Company in USA
SKF (Göteborg, Sweden) has acquired Baker Instruments Company (Fort Collins, CO, USA), a leading manufacturer of test and diagnostic instruments for electric motor assessment. Baker has annual sales of some US$11 million and has 62 employees.
The condition monitoring technologies used by SKF to date are based on measurement of mechanical properties, principally via vibration and lubrication analysis.
"This move into electric motor diagnostics is important to our new Energy Efficiency solutions business, and is in line with the SKF Group's move towards supporting our customers in their Sustainability efforts," said Phil Knights, President SKF Service Division.
Baker's sales are mainly focused on the industrial motor users and geographically mainly on the American market.
SKF is paying US$14 million for the company, on a cash and debt-free basis. Baker will be part of SKF Reliability Systems within the Service Division.
www.skf.com
ENDS