UPG buys electrical engineering solutions provider Orchid Monroe
UPG Enterprises said that it has acquired Orchid Monroe, a Wisconsin-based electrical engineering solutions company that manufactures electrical steel laminations and complete rotor and stator cores for generators and electric motors.
The acquisition was made by UPG Enterprises’ electrical steel division.
Orchid Monroe is said to have in-house manufacturing and tooling capabilities to produce, engineer, prototype, stamp, slit, die cast, anneal, finish, robotic weld, and test electrical steel.
Jeffrey Dwyer — UPG Enterprises CEO said: “Orchid’s unique engineering capabilities allow for our immediate expansion into the rotor, stater, transformer, and electric vehicle arena.
“As electric infrastructure is upgraded and market adoption of electrical steel engineered solutions continues, I am excited about the synergies and new offerings we will be able to support in the immediate future.”
By using laminations as the base product, Orchid Monroe supplies value-add components to supply customers with electrical steel laminations that are highly engineered and precision-stamped.
Hayes Bryant — Orchid Monroe Chairman said: “Orchid has a proud history of delivering value to customers from its plant in Monroe, Wisconsin. Today’s announcement in joining UPG’s organization ensures that its legacy will continue for many years to come.
“I am very proud of what Orchid’s team has accomplished, and I thank them for their dedication to our mission.”