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LEESON Electric history
LEESON Electric company history timeline
Leeson Electric Corp. was founded by Lee Doerr’s two sons in 1972.
They began manufacturing Electric Motors in 1974.
In June 1975, LEESON moved production from a rented facility to a plant in Grafton, Wisconsin.
The company established LEESON Canada in 1977.
In 1985, LEESON acquired Unison Dynamics, a company that manufactured DC permanent magnet 48- and 56-frame motors.
LEESON purchased Motronics Corporation in 1988.
In 1995, LEESON grew further with the acquisition of Gear Systems, Inc.
Regal-Beloit, based in Beloit, Wis., had 1999 sales of $544.6 million.
Regal Rexnord (then Regal Beloit) purchased LEESON in September 2000.
By the end of 2004, approaching our 50th year of operation, our annual sales reached $756 million.
By the end of 2005, the company had sales exceeding $1.4 billion.
Regal transferred Lincoln to Leeson in 2006.
In 2008, LEESON patented the Extreme Duck Ultra® motor, the latest in the line of the Duck series of motors.
By the end of 2015, the company’s total sales were $3.5 billion.
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LEESON Electric competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Bison Gear & Engineering | 1960 | $15.0M | 200 | - |
| ABB Motors and Drives US | 1920 | $1.5B | 5,500 | - |
| WorldWide Electric Corporation | 1998 | $75.0M | 50 | 8 |
| Lincoln Industrial | 1910 | $131.3M | 2,100 | 1 |
| Tenax | 1960 | $37.0M | 100 | 12 |
| Air-Way Global Manufacturing | 1950 | $64.0M | 200 | - |
| The Timken Company | 1899 | $4.6B | 17,000 | 220 |
| EFCO | 1951 | $172.5M | 1,750 | 15 |
| Rittal US | 1981 | $2.5B | 700 | 60 |
| Regal Beloit | 1955 | $6.0B | 23,600 | 237 |
LEESON Electric history FAQs
Zippia gives an in-depth look into the details of LEESON Electric, including salaries, political affiliations, employee data, and more, in order to inform job seekers about LEESON Electric. The employee data is based on information from people who have self-reported their past or current employments at LEESON Electric. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by LEESON Electric. The data presented on this page does not represent the view of LEESON Electric and its employees or that of Zippia.
LEESON Electric may also be known as or be related to LEESON Electric and Leeson Electric Corporation.