What’s next for the $9 billion Jameco Electric Board?
The electric board business is booming for JamecOs electric board.
The company just completed a $9.2 billion deal to buy the battery maker’s battery business, and plans to spend $8 billion more on the rest of its business.
The deal was expected to close in the first half of 2019.
The JameCo board will also get $1.6 billion in new capital.
The $9 Billion Jameca Electric Board has more than 600 employees.
It has a total of 2,500 electric boards, according to Jamecom, with a combined capacity of 6,000 kilowatts.
Jamecor will continue to sell batteries in its electric stores, but not in a wholesale capacity.
Jomco will also continue to supply batteries in the form of individual units, but it plans to sell those directly.
The battery company has also begun selling solar panels.
Jameco has more new business to expand and sell, with the addition of a new battery manufacturing facility and plans for a new manufacturing plant for its batteries.
Jomco, the electric board company for the Jamecos electric store in New York City, is expected to make $9,500 per board.
It has more battery manufacturing capacity than any other electric board manufacturer in the world.
The deal with JameCorp is expected be worth about $8.2B, according a filing with the Securities and Exchange Commission.
The transaction will be a total value of about $10 billion.