Ferraz Shawmut acquires GE fuse business
To expand its offering of medium-voltage fuses, Ferraz Shawmut has acquired GE’s power fuse operations.
With more than 100 years in circuit protection for industry and the electrical market, Ferraz Shawmut LLC announced that it has acquired General Electric’s power fuse operations from GE Consumer & Industrial business. The GE component, based in Vieques, Puerto Rico will be combined with the existing Ferraz Shawmut medium-voltage fuse business based in Newburyport, MA.
“Acquiring GE’s medium voltage fuse business represents a significant expansion for Ferraz Shawmut in terms of product offering and fuse technology,” said Daniel Beaudron, CEO of Ferraz Shawmut North America. “We will significantly enhance our position in this growing segment of the power fuse industry. We look forward to servicing both existing and new customers with this leading line of medium voltage fuse products.”
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Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
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Read more: 2015 Salary Survey