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GE DIGITAL ENERGY CLOSES DEAL TO ACQUIRE PMI A LEADING PROVIDER OF CRITICAL POWER SERVICES
01 August 2002 - GE Industrial Systems
| With this acquisition, GE Digital Energy acquires a premium quality service provider focused on service capabilities that include power conditioning equipment, power distribution units, thermography, batter chargers, and battery plant installation. The acquisition of PMI complements GE Digital Energy's overall strategy of providing customers with critical power solutions and services that achieve high levels of quality, availability, and reliability. |
With this acquisition, GE Digital Energy acquires a premium quality service provider focused on service capabilities that include power conditioning equipment, power distribution units, thermography, batter chargers, and battery plant installation. The acquisition of PMI complements GE Digital Energy's overall strategy of providing customers with critical power solutions and services that achieve high levels of quality, availability, and reliability. 'The addition of PMI to the GE Digital Energy family is a significant part of the total critical power solution we offer to the marketplace,' said Steve Specker, president of GE Digital Energy. 'PMI is the leading provider of premium quality lifecycle services for critical power, and will continue to be the clear alternative for customers needing power maintenance and technical services.' GE Digital Energy offers a comprehensive portfolio of products and services to support the Power Quality industry. Its systems group supplies innovative, systems-engineered backup and active generation packages to Critical Power industries such as high tech manufacturing and Internet infrastructure. 'PMI has been providing effective alternatives to the higher cost of original equipment manufactures for ten years,' said Cliff Rogers, president of GE PMI. 'PMI will continue to emphasize our strength in premium service offerings for all third party UPS and power distribution equipment.' About PMI
Headquartered outside Dallas, Texas, PMI is the largest independent service company in the critical power protection industry, specializing in the preventive and remedial service of Uninterruptible Power Supplies and stationary battery systems. PMI maintains a 31,000 square foot facility that houses the corporate management staff, a computerized business management system, training and testing labs, and an extensive spare parts inventory (as a backup for the regional service centers' parts depots) for those systems PMI maintains under service agreements. In addition, PMI monitors equipment design changes, new product development, and methods of providing service ensuring optimal value to its present and future customers.
http://www.geindustrial.com
About: GE Industrial Systems
GE Industrial Systems spans the globe as an industry leader in integrated industrial equipment, systems and services. The business brings to customers the latest technological products used to distribute, protect and control electrical power and equipment and provides innovative product and service solutions for commercial, industrial, residential and utility applications. GE Industrial Systems is comprised of a strong group of business teams including GE Power Controls, GE Digital Energy, GE Security, GE Sensing Solutions, GE Fanuc and joint ventures with Fuji, Toshiba, Hitachi, Cisco and Clipsal.GE Consumer & Industrial was created in January 2004 when GE Consumer Products merged with GE Industrial Systems. Led by President and CEO Lloyd Trotter, GE Consumer & Industrial is a $13 billion global business with 75,000 employees in more than 100 locations. With more than a century of experience inventing cutting-edge products and services, GE Consumer & Industrial strives to make life better, more convenient and more efficient for consumers, as well as commercial and industrial customers. |
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