Deja vu? Us too. Swiger had previously been acquired by Wabtec
IPS (Integrated Power Services), the Greenville, S.C.-based and ever-growing network of service centers, has acquired the assets of Swiger Coil Systems from Wabtec Corporation.
Based in Cleveland, Ohio, Swiger has long specialized in manufacturing a wide range of electric coils for electric motors, generators, and alternators, as well as contract manufacturing and remanufacturing of traction motors. Financial details of the transaction were not disclosed.
The acquisition "brings to IPS an extensive capability to manufacture a wide range of specialty coils for transportation, industrial, and power generation markets," per an April 12 IPS press release sent to EA.
Swiger was founded in 1975 and has a long history of manufacturing and repairing electromechanical equipment and parts. Swiger’s electrical coil manufacturing offering includes armature coils, stator coils, field coils, edge wound coils, solenoid coils, special transformer coils, and high-energy coils. These coils are sold as components and parts to original equipment manufacturers and into the electric motor repair services aftermarket. Swiger also provides contract manufacturing and remanufacturing capabilities to companies that manufacture electric motors, generators, alternators, and reactor/controller assemblies for people transit, freight locomotive, and mining transportation propulsion systems.
In acquiring Swiger, IPS will add its Cleveland location to its nine-location traction motor repair network, with the capability of servicing customers from the largest network of locations available across North America, supported by a deep technical knowledge base. IPS currently repairs traction motors in the following locations spanning North America: Indiana, Pennsylvania; Rock Hill, South Carolina; Lake City, Florida; Denver, Colorado; Birmingham, Alabama; Seattle, Washington; Winnipeg, Manitoba, Canada; Edmonton, Alberta; and Fort McMurray, Canada.
“The addition of Swiger Coil Systems brings highly complementary and diverse manufacturing capabilities to IPS,” said John Zuleger, IPS President and CEO. “This acquisition enables IPS to invest in Swiger’s coil manufacturing capabilities to continue supplying existing customers and our owned operations with state-of-the-art solutions. Swiger’s 200,000-square-foot Cleveland facility also brings to IPS a Center of Excellence for equipment and parts manufacturing for IPS’s traction motor repair service network, increasing our service network to ten traction motors service locations to better serve customers in passenger transit, locomotive transportation, and mining markets across North America.”