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2012-10-03 23:03:22

Elco Motor Yachts, a leader in electric propulsion systems, will announce its most powerful Electric Motor in the Elco EP series at the IBEX show this week. Louisville, KY (PRWEB) October 02, 2012 Elco Motor Yachts, a leader in electric propulsion systems, will announce its most powerful Electric Motor in the Elco EP series at the IBEX show this week. Available shortly, the Elco Motor Yachts EP-10000 will deliver all the benefits of the company´s Electric Motor for sail and power boats...

2010-11-01 16:38:00

BELOIT, Wis., Nov. 1, 2010 /PRNewswire-FirstCall/ -- Regal Beloit Corporation (NYSE: RBC) today announced that it has acquired 55% of Elco Group B.V. ("Elco"). Elco manufactures and sells motors, fans and blowers and has manufacturing facilities in Italy, China, and Brazil. Elco's management will continue to lead the company following the acquisition. The acquisition is expected to add approximately $10 million to sales and minimal impact to diluted earnings per share in the fourth...


Word of the Day
barratry
  • The offense of persistently instigating lawsuits, typically groundless ones.
  • An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
  • Sale or purchase of positions in church or state.
This word ultimately comes from the Old French word 'barater,' to cheat.
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