Eriez Now Majority Shareholder of FaultCurrent

Eriez President and CEO Tim Shuttleworth announceed that the company is now the majority shareholder of FaultCurrent Ltd. Based in the United Kingdom, FaultCurrent Ltd. developed a unique passive magnetic fault current limiter called the pmFCL. Its innovative design uses permanent magnets at its core to provide a reliable, robust and energy-efficient solution for electrical power grid reinforcement. Shuttleworth said,…

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