MILAN, Italy – Dominique Llonch is the new chairman of Nidec Industrial Solutions and CEO of Nidec ASI, a part of the Nidec Group’s Industrial Solutions sector. Llonch succeeds Giovanni Barra, who has been at the helm of the company since 2013.
RYE BROOK, New York – Xylem Inc., a global water technology provider, has signed a Memorandum of Understanding (MoU) with Ethiopia’s Ministry of Water, Irrigation and Energy (MoWIE) for future cooperation to help advance water security in Ethiopia.
BALTIMORE, Md. - Danfoss announced the acquisition of AAIM Controls Inc., located in Waynesboro, Pennsylvania. AAIM Controls is a specialized supplier of custom-designed regulation and control automation solutions, from motor starters to complete PLC systems. With the acquisition, Danfoss moves to a strong and unique position as a systems provider within industrial refrigeration.