Kuhlman Electric, which is based in Versailles, Kentucky, employs approximately 800 people. It manufactures a range of transformers for the industrial and electric utility sectors.
Over the past five years, the company has demonstrated a track record of profitable growth with double-digit annual sales growth. In 2007, the company had revenues of around $250m.
ABB plans to integrate Kuhlman Electric’s operations into its power products business in North America once the acquisition, which is subject to regulatory approvals, closes in a few months time.