Elco

Elco was established in 1949 and is based in Israel. The corporation has a global presence, with subsidiaries and distributors in numerous countries. Elco's customer base is diversified, including industrial businesses, OEMs, and distributors.

The product line of the company includes a diverse range of electric motors and drives, including AC motors, DC motors, and customized motors for specific purposes. Elco drives are well-known for their innovative features, such as sensorless vector control, as well as their ability to give precise control and feedback.

Elco is a major manufacturer of electric motors and drives, with an emphasis on ecologically friendly and energy-efficient products. The company specializes in the design and manufacturing of electric motors, generators, and drives for a variety of industrial applications such as HVAC systems, pumps, and fans.

Elco's products are well-known for their superior quality and dependability. The company employs cutting-edge technology and materials to create energy-efficient and ecologically friendly motors and drives. Elco's motors and drives are designed to save energy and money while lowering greenhouse gas emissions and other hazardous pollutants.

Elco is devoted to offering exceptional customer service in addition to its focus on energy efficiency and environmental sustainability. The company employs a team of skilled engineers and technicians who collaborate with customers to build tailored solutions that match their individual requirements. Elco also offers technical support and training to customers to ensure that they get the most out of their devices.

Elco reported $4.76 billion in revenue for fiscal year 2022, ending December 31, 2022. This is a 64.6% increase year-over-year. During the same period, the company had a net income of $429.54 million and total assets of $6.12 billion. Elco reported $5 billion in revenue for fiscal year 2023 and continues to grow strongly.

Founded: 1949

Headquarters: 98 Yigal Alon St, Tel Aviv, Tel Aviv, Israel

Website: https://www.elco.co.il/