BELTON, SC—Baldor Electric Co., a manufacturer of energy-efficient electric motors and power transmission products, plans to invest $15 million at its assembly plant here and hire 45 people.
It has become fashionable lately for some U.S. companies to tout how they’ve reshored production from overseas. Baldor Electric Co. isn’t one of them—it never left. The company has been manufacturing electric motors, drives, bearings and other motion control products in the United States for decades.