ASCO Power Technologies

Last updated

[1]

ASCO Power Technologies
IndustryElectrical / Power Management
Founded1888
Headquarters
Florham Park, New Jersey, United States
Products Transfer Switches, Load Banks , Power Control Systems, Paralleling Switchgear, Surge Protective Device, Fire Pump Controllers ,
Number of employees
1400
Parent Schneider Electric
Website ascopower.com

ASCO (Automatic Switch Company) Power Technologies, a business unit of Schneider Electric, makes electrical equipment used in healthcare facilities, data centers, communication networks, commercial buildings, and industrial plants.

ASCO also includes a Services branch, providing maintenance programs, modifications, upgrades, and emergency repairs. The "Firetrol" branch of ASCO provides power transfer switches, controls, and alarms for fire suppression. ASCO's headquarters is located in Florham Park, New Jersey. With over 1400 employees and 500,000 square feet of manufacturing floor space, it is the world's largest manufacturer of power transfer switches.

ASCO Power Technologies was founded in 1888 and developed the first commercially available automatic transfer switch in 1920.

November 1, 2017, ASCO Power Technologies was sold by Vertiv to Schneider Electric for $1.25 billion. [2]

History

1888Automatic Switch Company was founded on September 5 of this year in Baltimore, Maryland. Its products were automatic controls for elevators and generators, and pressure controls for pumps and compressors. [3]
1904Automatic Switch Company moved to New York City. David H. Darrin was President and the sole owner. The Company under Mr. Darrin's leadership pioneered in the field of electromagnetic design. The mechanically held, electrically operated movement patented by David H. Darrin is still in use.
1938Mr. Hurlburt redesigned the mechanically held movement which led to its use in remote control switches and transfer switches.
1957During the week beginning January 20, the 575 employees moved to a brand new plant on 30 acres in Florham Park, New Jersey.
1966Continued growth required substantial enlargement of the facilities in Florham Park in June of this year. By this time the company employment exceeded 1,000.
1973The Company acquired B-K Electrical Products Co., Inc. a manufacturer of electrical control equipment in January.
1979The Company established ASCO Services, Inc., a wholly owned subsidiary, in February, 1979 located in Florham Park. ASCO Services, Inc provides field repair and maintenance services to ASCO domestic customers who have purchased ASCO electrical control products. Similar field repair and maintenance services are provided to Canadian customers through Ascolectric Ltd. based in Brantford, Canada.
1985The Company was acquired by Emerson Electric Company, St. Louis, Missouri on May 17, 1985.
1998On January 1, 1998, the Company acquired Firetrol, Inc., Cary, North Carolina, a manufacturer of electric and diesel fire pump controllers, jockey pump controllers and equipment for controlling and monitoring electric and diesel fire pump sprinkler systems.
2006On November 1, 2006, ASCO expanded its manufacturing operations to Welcome, NC.
2011On October 1, 2011, ASCO obtains management of Liebert Surge Protection. Many of the Surge Protection products are manufactured in Reynosa, MX.
2012On March 16, 2012, ASCO acquired Avtron Loadbank, Inc. Cleveland, OH, which includes N. J. Froment, Ltd., Easton-on-the-Hill Stamford, United Kingdom.
2017On October 31, 2017, ASCO Power Technologies was acquired by Schneider Electric.

Related Research Articles

General Electric American multinational conglomerate

General Electric Company (GE) is an American multinational conglomerate incorporated in New York State and headquartered in Boston. Until 2021, the company operated in sectors including aviation, power, renewable energy, digital industry, weapons manufacturing, locomotives, and venture capital and finance, but has since divested from several areas, now primarily consisting of the first four segments.

Toshiba Japanese electronics conglomerate

Toshiba Corporation is a Japanese multinational conglomerate headquartered in Minato, Tokyo. Its diversified products and services include power, industrial and social infrastructure systems, elevators and escalators, electronic components, semiconductors, hard disk drives (HDD), printers, batteries, lighting, as well as IT solutions such as quantum cryptography. It was one of the biggest manufacturers of personal computers, consumer electronics, home appliances, and medical equipment. As a semiconductor company and the inventor of flash memory, Toshiba had been one of the top 10 in the chip industry until its flash memory unit was spun off as Toshiba Memory, later Kioxia, in the late 2010s.

Hitachi Japanese multinational engineering and electronics company

Hitachi, Ltd. is a Japanese multinational conglomerate corporation headquartered in Chiyoda, Tokyo, Japan. It is the parent company of the Hitachi Group and had formed part of the Nissan zaibatsu and later DKB Group and Fuyo Group of companies before DKB and Fuji Bank merged into the Mizuho Financial Group. As of 2020, Hitachi conducts business ranging from IT, including AI, the Internet of Things, and big data, to infrastructure.

ABB Swedish-Swiss robotics and electrical equipment company

ABB Ltd, formerly ASEA Brown Boveri, is a Swedish–Swiss multinational corporation headquartered in Zürich, Switzerland, operating mainly in robotics, power, heavy electrical equipment, and automation technology areas. It is ranked 341st in the Fortune Global 500 list of 2018 and has been a global Fortune 500 company for 24 years. Until the sale of its Power Grids division in 2020, ABB was Switzerland's largest industrial employer. ABB is traded on the SIX Swiss Exchange in Zürich, Nasdaq Stockholm and the New York Stock Exchange in the United States.

Westinghouse Electric Corporation American manufacturing company

The Westinghouse Electric Corporation was an American manufacturing company founded in 1886 by George Westinghouse. It was originally named "Westinghouse Electric & Manufacturing Company", and was renamed "Westinghouse Electric Corporation" in 1945. The company acquired the CBS television network in 1995, and was renamed as the first incarnation of "CBS Corporation", until being acquired by Viacom in 1999. That merger was completed on April 26, 2000.

Westinghouse Electric Company LLC is an American nuclear power company formed in 1999 from the nuclear power division of the original Westinghouse Electric Corporation. It offers nuclear products and services to utilities internationally, including nuclear fuel, service and maintenance, instrumentation, control and design of nuclear power plants. Westinghouse's world headquarters are located in the Pittsburgh suburb of Cranberry Township, Pennsylvania. Brookfield Business Partners is the majority owner of Westinghouse.

Eaton Corporation PLC is an Irish multinational power management company with 2020 sales of $17.86 billion, founded in the United States with global headquarters in Dublin, Ireland, and a secondary administrative center in Beachwood, Ohio. Eaton has approximately 92,000 employees and sells products to customers in more than 175 countries.

GE Transportation American rolling stock manufacturer

GE Transportation is a division of Wabtec. It was known as GE Rail and owned by General Electric until sold to Wabtec on February 25, 2019. The organization manufactures equipment for the railroad, marine, mining, drilling and energy generation industries. The company was founded in 1907. It is headquartered in Pittsburgh, Pennsylvania, while its main manufacturing facility is located in Erie, Pennsylvania. Locomotives are assembled at the Erie plant, while engine manufacturing takes place in Grove City, Pennsylvania. In May 2011, the company announced plans to build a second locomotive factory in Fort Worth, Texas, which opened in January 2013.

British Nuclear Fuels Ltd

British Nuclear Fuels Limited (BNFL) was a nuclear energy and fuels company owned by the UK Government. It was a manufacturer of nuclear fuel, ran reactors, generated and sold electricity, reprocessed and managed spent fuel, and decommissioned nuclear plants and other similar facilities.

ZF Friedrichshafen German car parts maker

ZF Friedrichshafen AG, also known as ZF Group, originally Zahnradfabrik Friedrichshafen, and commonly abbreviated to ZF, is a German car parts maker headquartered in Friedrichshafen, in the south-west German state of Baden-Württemberg.

Emerson Electric American multinational corporation

Emerson Electric Co. is an American multinational corporation headquartered in Ferguson, Missouri. The Fortune 500 company manufactures products and provides engineering services for industrial, commercial, and consumer markets. Emerson has approximately 83,500 employees and 200 manufacturing locations.

Schneider Electric European multinational company

Schneider Electric SE is a French multinational company providing energy and automation digital solutions for efficiency and sustainability. It addresses homes, buildings, data centers, infrastructure and industries, by combining energy technologies, real-time automation, software and services.

APC by Schneider Electric

APC by Schneider Electric is a manufacturer of uninterruptible power supplies, electronics peripherals, and data center products.

Transfer switch type of electrical switch

A transfer switch is an electrical switch that switches a load between two sources. Some transfer switches are manual, in that an operator effects the transfer by throwing a switch, while others are automatic and trigger when they sense one of the sources has lost or gained power.

Aveva Software company in United Kingdom

AVEVA Group plc is a British multinational information technology consulting company headquartered in Cambridge, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. The company started as the Computer-Aided Design Centre which was created in Cambridge in 1967 by the UK Ministry of Technology and Cambridge University.

Alcatel-Lucent French/American global telecommunications equipment company

Alcatel–Lucent S.A. was a French–American global telecommunications equipment company, headquartered in Boulogne-Billancourt, France. It was formed in 2006 by the merger of France-based Alcatel and U.S.-based Lucent, the latter being a successor of AT&T's Western Electric and Bell Labs.

Avocent

Avocent, a business of Vertiv, is an information-technology products manufacturer headquartered in Huntsville, Alabama. Avocent formed in 2000 from the merger of the world's two largest manufacturers of KVM equipment: Apex and Cybex Computer Products Corporation. As of August 2006, the company employed more than 1,800 people worldwide.

Legrand is a French industrial group historically based in Limoges in the Limousin region.

GE Power

GE Power is an American energy technology company, owned by General Electric. In 2018, General Electric power plants produced one-third of the world's electricity.

Vertiv Holdings Co is an American, Ohio-based, provider of equipment and services for data centers.

References

  1. "Vertiv to sell ASCO business to Schneider Electric for $1.25 billion". DatacenterDynamics. Retrieved 2017-07-31.
  2. Vertiv Sells ASCO to Schneider Electric - Sale enables greater focus on core business
  3. "About ASCO - History". ASCO Power Technologies.