MarketMan
August 17th 1987  (Age 22)
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Oct 15, 2008
Baldor Electric Company

The Baldor Electric company is all about the development and marketing of efficient motors. This was founded by Edwin Ballman and Emil Doerr in 1920, almost a hundred years back. The name was derived from the family names of the two founders. Initially, they had their headquarters in St. Louise, Missouri then moved to Fort Smith, Arkansas in 1967.

The company that was founded by Ballman and Doerr became financial as well as a successful investment hence in January 15, 1976 the company went public. The following year, the son of Edwin Ballman, Fred Ballman who is the CEO and Chairman of the company appointed Roland S. Boreham, Jr. who was then the Company’s President to the position of Chief Executive Officer. Mr. Boreham was the company’s Chairman from 1981 until he retired on 2004. He passed away two years later.

It was Baldor’s goal to create a very energy efficient motor hence they introduced the Super-E premium motor line in 1983. This was followed by the white epoxy washdown duty motor line in 1985. While in the late 80’s, Baldor was able to buy over Sweo and this made the company offer AC vector drives along with DC drive products. In 1990, Baldor was able to develop and create an AC vector motor that can be used with vector controls.

On the other hand, the U.S. government passed the EPA of 1992 where the government can set the efficiency ratings that AC motors are required to meet. The Standard E-motors was not only able to meet the EPA requirements but even exceeded these. In fact, it was awarded the “Product of the Year” by Plant Engineering magazine.


Posted at 03:57 am by MarketMan

 

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