Tuesday, Power Efficiency Corp. (PEFF.OB) signed a national agreement with Minarik Automation and Control. The deal will strengthen the company's sales coverage with 17 distribution centers, over 60 outside salespeople. Minarik's 60 sales professionals and over 20 application engineers bring the total external sales force marketing Power Efficiency products to approximately 150.
Power Efficiency Corp. engages in the design, development, marketing, and sale of solid state electrical components that reduce energy consumption in alternating current induction motors. Its principal product includes the three phase motor efficiency controller, which is used in industrial and commercial applications, such as rock crushers, granulators, and escalators.
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