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Joliet Jake

charlie5566

Updated: Jan 24

Longstanding electric motor shop now under Japanese umbrella


Hitachi announced January 20 that it has completed the acquisition of Joliet Electric Motors, of Illinois, and engaged in the sales and maintenance service business of large motors in North America on January 17. Going forward, Hitachi Industrial Products, which is engaged in the large industrial equipment business, will operate Joliet's business.



Testing being done at Joliet Electric
Testing being done at Joliet Electric


Joliet has a 90-year track record in the sales and maintenance service business (repair, rebuild) of large motors for the energy and heavy industry sectors in North America. Since 2002, Joliet has strengthened its partnership with Hitachi Industrial Products as a sales distribution partner for oil drilling. Through this acquisition, Hitachi Industrial Products will enhance its recurring business by expanding the sales of large industrial equipment in North America, strengthen the maintenance service business for existing products, and enter into the maintenance service business for products manufactured by other companies. Hitachi Industrial Products also aims to contribute to the reduction of CO2 emissions from energy sources by developing and providing electrified products through Joliet's sales channels.


The first transaction between Joliet, which has been involved in the maintenance service business for large motors in the heavy industry sector in the North American energy market for 90 years, and Hitachi dates back to 1968. "Both companies, connected through large motors, will leverage their respective strengths in the energy market during the transitional period towards energy transition," commented Keizo Kobayashi, President and Director, Hitachi Industrial Products. "[The companies together] will develop and manufacture high-efficiency electric products and sell them together with Joliet. Furthermore, by utilizing Joliet's expertise in repair and rebuild, Hitachi Industrial Products will collect, analyze, and utilize operational data of the products to provide optimal equipment, thus establishing a recurring business cycle."


"We are thrilled to continue our 57-year collaboration with Hitachi, Joliet Team," said Tim Tibbott of Joliet Electric. "I believe by working together, we can offer important electrification solutions and create value for our customers in the heavy industries and energy market. Furthermore, I want to express my gratitude to Argosy on behalf of the whole Joliet Electric Motors team. We appreciate the 16 years of unwavering leadership and support."

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