BNET Industries
Last Fiscal Year Sales:$300.0M
- Private
- US
Dow Jones Description
Fasco has delivered the world's most complete line of custom fractional horsepower motors, blowers and gearmotors for almost 100 years. Our motors power thousands of products for a diverse line of markets. Plus, our expanding global presence, superior customer service and experienced staff can provide you with the highest quality product at a competitive cost.
Vice President of Finance
Dave LedesmaNumber of Employees 749
Peer Companies
NAICS Code Motor and Generator Manufacturing: 335312
News & Analysis
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fasco and invensys - All News and Analysis
Tecumseh acquires FASCO Motors
Tecumseh Products Co. in Tecumseh, Mich. (NASDAQ: TECUA), has entered into an agreement with Invensys of London to purchase FASCO Motors, its electric motors operations. The purchase price of $415 million is subject to certain adjustments, and the closing of the transaction is subject to regulatory approvals in the United...
Invensys sells Fasco Motors for pounds 268m
INVENSYS HAS completed its programme of selling non-essential businesses after striking a deal to dispose of its electric motors operations for $415m (pounds 268m). The engineer is selling Fasco Motors, which makes electronic motors used in computers, fans and pumps, to US-based Tecumseh Products, and will use the proceeds to...
Fasco Motors Group Adopts New Invensys Identity.(Invensys Motor Systems is the new name for Fasco Motors)(Brief Article)
ATLANTA, GA -- Invensys Motor Systems is the new name for Fasco Motors, a manufacturer of specialty motor products. The name change was announced by company president Jim Doyle at a press conference held at the Air-Conditioning, Heating, Refrigerating Exposition. According to Doyle, the...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Dave Ledesma | Vice President of Finance |
Mr. Ledesma, 41, is Vice President of Finance for FASCO. Mr. Ledesma joined the company in 2006 after serving as a Division Controller for the European Safety Systems of TRW Automotive based in Madrid, Spain. Prior to that, Mr. Ledesma spent 6 years of his career in Mexico and partly in Brazil working as a group controller for TRW Automotive and ArvinMeritor, a spin off of Rockwell International. He has held various corporate and financial management positions in the automotive industry based in the U.S., and was a tax associate at Deloitte & Touche in Detroit, Michigan. Mr. Ledesma received a B.A. in Accounting from Walsh College, an M.B.A. from Central Michigan University, and is an active Certified Public Accountant licensed by the state board.
| Organization | Position | Status |
|---|---|---|
| Fasco | Vice President of Finance | Current |
| Freedom Financial Group of Pennsylvania, Inc | Board of Directors | Current |
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