Emerson Electric, St. Louis, has agreed to sell its commercial and industrial motors unit and its appliance motors and controls businesses to Nidec Corp., Kyoto, Japan, a manufacturer of small motors looking to expand its offerings in larger motor classes and establish a beachhead in the North American market. The operations, management, employees and production facilities will stay in St. Louis on Emerson Electric's campus.

Combined, Emerson Commercial and Industrial Motors and Emerson Appliance Motors and Controls accounted for more than $800 million in sales in fiscal 2009. Manufacturing facilities and technology centers for both businesses are in the United States, Mexico, China, India and the United Kingdom. The businesses employ about 6,000 people around the world, including 1,700 in the U.S. Terms of the all-cash deal were not disclosed.

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