Motor manufacturer HTI Technology Inc., Nashville, TN, has acquired electronics manufacturer American Control Electronics LLC, South Beloit, IL.
This acquisition will combine HTI's expertise in AC and DC motor technology and powered mechanism capabilities with ACE’s technology and market leadership in DC and AC electronic motor drives and controls.
ACE will continue to operate from their base and President Dan Schnabel will report to John Paul, CEO of HTI. John Hegel, ACE's CEO, will help to formulate and guide the combined company’s strategy.