Baldor synergies confirmed, upsides
identified
Revenue synergies
In North America
• TRI drives through Baldor market access
• Cross-sell complementary motors
Globally
• Baldor mechanical power transmission
• Baldor NEMA motors
• Complete offering to global accounts
Minimum expected
annual synergies
200
100
0
2011
2012
2013
2014
2015
Series 2
5
15
60
80
160
Series 1
10
10
50
60
90
Maximum expected
annual synergies
200
Cost synergies
• Global sourcing, emerging market supply, joint
• Quick hits via cost leveling and scale
• Consolidate global office network
• Eliminate Baldor public company costs
Potential upsides (selected examples)
• Service synergies
• Additional G&A cost reduction (eg, insurance)
100
0
2011
2012
2013
2014
2015
Series 2
0
25
65
35
120
Series 1
75
75
100
165
80
Baldor synergies confirmed, upsides identified
Minimum expected annual synergies
Revenue synergies
US$ millions
In North America
› TRI drives through Baldor market access
200
› Cross-sell complementary motors
Globally
100
› Baldor mechanical power transmission
0
› Baldor NEMA motors
2011
2012
2013
2014
2015
› Complete offering to global accounts
Minimum expected annual synergies
Cost synergies
US$ millions
› Global sourcing, emerging market supply, joint
65
75
35
>200
› Quick hits via cost leveling and scale
› Consolidate global office network
25
› Eliminate Baldor public company costs
Potential upsides (selected examples)
› Service synergies
2011
2012
2013
2014
2015
› Additional G&A cost reduction (eg, insurance)
2