Baldor Electric Acquires Quebec-based Manufacturer

Baldor Electic Company announced that it has acquired Poulies Maska, Inc. of Ste-Claire, Quebec.

Maska is a designer, manufacturer, and marketer of sheaves, bushings, couplings, and related mechanical power transmission components. The firm has 180 employees primarily located in Canada and a new facility in China.

Maska’s 2007 sales were approximately US$33 million.

John McFarland, chairman and CEO of Baldor says, “We are excited to announce the addition of Maska to our line of mechanical power transmission products. Over the past five years the management team at Maska has increased sales and profits by nearly 50%. Their two automated and efficient facilities produce a large variety and some of the highest quality products available in the marketplace. Maska’s sheaves and bushings complement our Dodge line with each having success in different parts of the market.”