Yaskawa acquires Wermac Electric
WAUKEGAN, Ill. — The Drives & Motion Division of Yaskawa America Inc. has acquired Calgary, Canada-based Wermac Electric Ltd.
A 25-year partner with Yaskawa, Wermac is known as an innovator and leader in applying variable speed drives and electrical controls in the oil & gas industry.
Wermac has grown in size and reputation over the years by providing unique software and packaging solutions centered on Yaskawa Drives as well as knowledgeable and quick on-site service exceeding the demands of the oil & gas industry.
The acquisition of Wermac continues Yaskawa’s growth in key vertical markets. The oil & gas market in particular presents extreme requirements for quality, packaging and special software, in which both Yaskawa and Wermac have excelled.
Mike Knapek, president and COO of Yaskawa America, Motion and Drives Division said, “After 25 years of very successful partnership with Wermac, the time was right to take that partnership to its logical conclusion and become one company. This will allow for better service for our joint customers with greater resources located locally.”
The new division will be known as Yaskawa Wermac and will be located at the former Wermac Electric facility in Calgary. Yaskawa Wermac is now a division of Yaskawa Motoman Canada, which is a subsidiary of Yaskawa America, Inc.