Baldor Electric Company markets, designs, and manufactures industrial electric motors and mechanical power transmission products.
Baldor Electric was founded in 1920 by Edwin Ballman and Emil Doerr. The name of the company was derived using part of each of their names. In 1967 the Company’s headquarters were moved from St. Louis, Missouri to Fort Smith, Arkansas.
In 2007, Baldor Electric acquired the Dodge and Reliance Electric brands from Rockwell Automation for $1.8 billion. This more than doubled the size of the company, taking it from $800 million in annual revenue to $1.8 billion.
In 2011, Baldor was acquired by ABB Ltd of Switzerland andon March 1, 2018, Baldor Electric Company’s name was dissolved into the ABB brand, becoming ABB across all of its locations.