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ABB Acquires Turbocharging Service

Maritime Activity Reports, Inc.

February 18, 2010

ABB, a power and automation technology group, has acquired the turbocharging service activities of ABCO Industries Limited located in Lunenburg, Nova Scotia. ABB did not disclose the value of the transaction.

Prior to the acquisition, ABCO’s Industrial Equipment Group was the approved and licensed service station for ABB Turbocharging Service covering Atlantic Canada. Customers will now have direct access to ABB’s full range of turbocharger service offerings. The acquisition is being integrated into ABB in Canada’s Turbocharging network, which also includes service centers in Dorval, Quebec and Burnaby, British Columbia.

The business will move into a larger facility with an expanded workshop outfitted with a full line of the latest service, tooling and test equipment, as well as spare parts inventory.

(www.abb.com)
 

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