LSIS Acquires Parker Hannifin's Energy Grid Tie Division to Create a New US Based Company, LS ...
Summary
LS Energy Solutionsis pleased to confirm that it achieved a 100 percent talent and employee retention of the EGT Division, and new investment will provide for further expansion and innovation for a full range of products, systems and services.The companys U.S. leadership team will be led by Jim Hoelscher, who was the Parker EGT Division general manager, reinforcing a high level of commitment to seamlessly serve partners.The employees in the areas of supply chain, sales and manufacturing will work closely with their valued partners to ensure a superior customer experience.Expanding supply scope with innovative new PCS products, control software, switchgear and integrated system solutions, LS Energy Solutionswill further capture new value streams across the power grid.LSIS, the main subsidiary of LS Group, is a leading Korean company for electric power system, automation, and green technology.