Yaskawa Electric assumes MagneTek drive products business unit

Yaskawa Electric America announced it is assuming ownership and operation of the MagneTek drive products business unit, a carve-out from MagneTek's Drives & Systems group.

“Yaskawa Electric America, Inc., announced that it is assuming ownership and operation of the MagneTek drive products business unit, formerly a part of the Drives & Systems group of MagneTek, Inc.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.