Baldor Moving Bearing Production To Marion From Columbus
2015 / 06 / 16
Production of larger Dodge branded mounted industrial bearings is being moved from Columbus, Indiana to a sister plant in Marion, North Carolina. Baldor said the plant in Columbus is not being closed and no layoffs are currently expected, but that it is actively seeking buyers for Columbus as a turnkey manufacturing facility.
Baldor Electric Company (USA; NYSE: BEZ; 5251R9N7), Dodge's relatively new owner, has been consolidating manufacturing facilities worldwide since acquiring Reliance and Dodge in 2007 for USD $1.8 billion.
Baldor manufactures electric motors, motor drives, power transmissions, and generators. In early 2007, Baldor acquired Dodge Bearing, Reliance Electric and other operations related to Rockwell Automation's Power Systems Business division.
Founded in 1878, Dodge branded power transmission products include mounted bearings, enclosed shaft mount, helical and worm g...