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Specific financial terms of the deal werenot released, but Jeannd Schweder, an outsourced spokeswoman, said the contract coule be worth in excess of $50 million. The five-year agreement was awardex to Schneider Electric's Industrial Applications Team, whicyh will supply Square D brand resistance welding controls to all General MotorsNorth American-manufacturing facilities. Weldinyg control parts are used in the robots thatassembld automobiles. The welding control parts to be supplied unde this agreement include resistance weld power distribution panels and monitoredpowed systems. Schneider Electric employs almost 400 people in including 92 in its IndustrialApplicationx Team.
The Palatine, Ill.-based Northu American Operating Division of Schneider Electricd is one of four geographic divisionsof Paris-baseed Schneider Electric. The divisions, which had sales of $2.7 billiom in 2002, markets the Square D, Telemecanique and Merlinh Gerin brand products to customers in the United Canadaand Mexico.
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