
WorldWide Electric
Partners & Customers
1About WorldWide Electric
WorldWide Electric produces industrial motors, gear reducers, and motor controls. It is also a distributor of Hyundai Electric’s low-voltage motors and drives. The company caters to agriculture, construction, equipment package and more industries. WorldWide Electric was founded in 1998 and is based in Rochester, New York.
Latest WorldWide Electric News
Oct 16, 2023
News provided by Share this article Share toX Federal court issues order against Ideal Electric Power Company, immediately halting Ideal's infringement of the Louis Allis trademarks WARRIOR, Ala., Oct. 16, 2023 /PRNewswire/ -- Louis Allis, LLC, a leading specialty motor manufacturer based in Warrior, Alabama, obtained a preliminary injunction order from a federal court in Delaware on October 13, 2023 that immediately prohibits Ideal Electric Power Company from using or displaying Louis Allis's federally registered trademarks for its brand name and stylized LA logo. The preliminary injunction order will continue until the court has ruled following a trial in this matter, which is anticipated to be scheduled for 2025. In addition to precluding Ideal from using and displaying the Louis Allis trademarks, the court's preliminary injunction order forbids Ideal from claiming to own or in any way be associated with Louis Allis. Ideal cannot offer or sell any goods or services bearing the Louis Allis trademarks, and Ideal cannot take any steps that create the impression that Ideal's products or services are connected to Louis Allis, which they are not. The judge also ordered Ideal preliminarily to remove any references to the Louis Allis trademarks from its corporate website, social media postings, and other marketing and promotional materials. At the end of June 2023, Louis Allis learned that Ideal claimed to own certain Louis Allis trademarks and business lines. Ideal was also falsely trying to pass itself off as the real Louis Allis and the heir to Louis Allis's more than 100-year customer service history. Ideal set up display booths at industry events such as the 2023 Electrical Apparatus Service Association (EASA) Annual Convention, where it prominently displayed the Louis Allis name and logo, and it falsely claimed in press releases and through social media that it had acquired the Louis Allis large motor business. Louis Allis promptly responded by filing a lawsuit against Ideal for trademark infringement on September 6, 2023 in federal court in Delaware. The caption of the litigation is Louis Allis, LLC v. Ideal Electric Power Co. (D/B/A The Ideal Electric Company), 1:23-CV-00980 (CFC) (D. Del.). About Louis Allis Louis Allis, a WorldWide Electric Company, manufactures a wide variety of AC and DC electric motors and generators for large and specialty applications in our ISO 9001 certified manufacturing facility located in Warrior, Alabama. In addition to manufacturing new motors, our dedicated team of highly skilled motor experts with decades of motor experience, can inspect, evaluate, repair, or overhaul motors from any manufacturer. About WorldWide Electric Corporation WorldWide Electric Corporation, headquartered in Rochester, NY, is a leading manufacturer and distributor of high-quality electric motors, motor controls, gear reducers, and generators. For 25 years, we have been responding to customer needs with a shared sense of urgency and customer-centric philosophy - providing quality products, a large selection of in-stock inventory, and fast shipping, all backed by exceptional customer support. SOURCE Louis Allis
WorldWide Electric Acquisitions
3 Acquisitions
WorldWide Electric acquired 3 companies. Their latest acquisition was Georator on July 27, 2021.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
7/27/2021 | Acquired | 4 | ||||
7/27/2021 | ||||||
3/3/2020 |
Date | 7/27/2021 | 7/27/2021 | 3/3/2020 |
---|---|---|---|
Investment Stage | |||
Companies | |||
Valuation | |||
Total Funding | |||
Note | Acquired | ||
Sources | 4 |
WorldWide Electric Partners & Customers
1 Partners and customers
WorldWide Electric has 1 strategic partners and customers. WorldWide Electric recently partnered with Hyundai Electric on January 1, 2011.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
1/1/2011 | Supplier | South Korea | WorldWide Electric and Hyundai Electric End Exclusive U.S. Market Relationship WorldWide Electric Corporation announces the end of our exclusive low-voltage electric motor distribution relationship with Hyundai Electric | 2 |
Date | 1/1/2011 |
---|---|
Type | Supplier |
Business Partner | |
Country | South Korea |
News Snippet | WorldWide Electric and Hyundai Electric End Exclusive U.S. Market Relationship WorldWide Electric Corporation announces the end of our exclusive low-voltage electric motor distribution relationship with Hyundai Electric |
Sources | 2 |
WorldWide Electric Team
4 Team Members
WorldWide Electric has 4 team members, including current Founder, Owner, Fred Rosen.
Name | Work History | Title | Status |
---|---|---|---|
Fred Rosen | Founder, Owner | Current | |
Name | Fred Rosen | |||
---|---|---|---|---|
Work History | ||||
Title | Founder, Owner | |||
Status | Current |
Compare WorldWide Electric to Competitors
Benshaw is a manufacturing company. The company manufactures, designs, and develops mission-critical motor controls and drives. Its products include full voltage motor controls, OEM motor controls, circuit breakers, MV variable frequency drives, and more. It caters to agriculture, oil and gas, marine, and more sectors. The company was founded in 1983 and is based in Pittsburgh, Pennsylvania.
Bearings and Industrial Supply (BIS) distributes bearings, belts, power transmission parts, and industrial products to local, national, and international clients. The company is based in Addison, Illinois.
Solve Industrial Motion Group manufactures bearings and power transmission components. The company was founded in 1994 and is based in Charlotte, North Carolina.
Dodge provides mechanical power transmission solutions. The company offers mounted bearings, enclosed gearing, industrial internet of things (IIoT) technologies, and more. It was founded in 1878 and is based in Simpsonville, South Carolina.
Orbital Traction develops and commercializes an adjustable speed drive (ASD) technology for a range of applications in the mechanical power transmission and motion control markets. Its ASD enables significant gains in energy efficiency over regular planetary gear transmissions. It was founded in 2008 and is based in Houston, Texas.
IE Corporation provides integrated, custom, engineered and manufactured solutions through the use of their expertise in automation and controls. The firm works in the mission-critical, power & utility, mining, and oil & gas verticals.
Loading...