Sta-Rite Industries Acquires Aermotor Pumps
Sta-Rite Industries, a subsidiary of Wisconsin Energy Corp., has acquired Aermotor Pumps, Inc., of Conway, Ark., from GSW, Inc. of Ontario, Canada. Aermotor manufactures a full line of water pumps and pump accessories for a variety of applications, including potable water, agriculture and irrigation, sump drainage and sewage and effluent for the residential, industrial, commercial and mining markets. The company exports to more than 20 countries and had sales last year of $50 million.
"This acquisition allows us to enhance our already broad existing product line of water systems products and is part of Wisconsin Energy's previously announced strategic growth initiative," said Jim Donnelly, president of WICOR Industries.
In addition to its operations in Arkansas, Aermotor has branch offices in Longwood, Fla.; Portland Ore.; and Waterloo, Ontario. The company will become part of Sta-Rite's Water Systems group.
Wisconsin Energy Corporation is a Milwaukee-based holding company with utility and non-utility subsidiaries. The company serves more that one million electric customers in Wisconsin and Michigan's Upper Peninsula and 970,000 natural gas customers in Wisconsin through its utility subsidiaries - We Energies and Edison Sault Electric. Its non-utility businesses include energy development, pump manufacturing, recycling and renewable energy and real estate.
Sta-Rite is one of three manufacturing companies that make up WICOR Industries, the manufacturing subsidiary of Wisconsin Energy Corp. Sta-Rite is a leading worldwide manufacturer of pumps and water processing equipment for the water systems, irrigation, pool/spa and filtration markets.