CHICAGO, Ill. (Aug. 21, 2015) – The PTDA Business Index for 2Q2015 indicates slowing compared with the previous quarter with a reading of 46.6, down from 67.7 in Q12015. This is the first time the Index, created in late 2010, has shown contraction in business activity, employment and inventories affecting the power transmission/motion control (PT/MC) industry.
NEWS
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HOUSTON, Texax (Aug. 18, 2015) – The brand new Pump Summit Americas event has released the names of its chairman and Steering Committee members. Jean-Marc Fosseux, the senior rotating equipment consultant of mechanical engineering at Technip USA, will take the lead as the chairman for the 2016 Conference.
ORLANDO, Fla. (Aug. 20, 2015) – Siemens has been awarded a long-term service agreement (LTP) for Xiaoshan Power Plant. The customer is Zhengjiang Zheneng Electric Power Co., Ltd.
The agreement covers scheduled maintenance, spare parts, technical support, warranties, program management, power diagnostics and performance monitoring for the power plant's Unit No. 5 SGT5-4000F gas turbine for more than 10 years.
BIRMINGHAM, Ala. (Aug. 10, 2015) – Pumps & Systems, the leading magazine for pump users worldwide, is proud to announce the “Impact of Amended Motor Efficiency Rules on the Pump Industry” webinar, a presentation made in partnership with Baldor Electric Company, a member of the ABB Group.
WAYNE, Pa. (Aug. 18, 2015) – The Environmental Protection Agency (EPA) has announced draft rules to reduce methane emissions from the U.S. oil and gas industry.
WASHINGTON (Aug. 17, 2015) – The U.S. Environmental Protection Agency (EPA) and the U.S. Department of Justice (DOJ) announced a settlement with the Delaware County Regional Water Quality Control Authority (DELCORA) resolving alleged Clean Water Act violations involving combined sewer overflows (CSOs) to the Delaware River and its tributaries.
LONDON (Aug.12, 2015) – The Internet of Industrial Things (IoIT), a concept derived from the ability to connect assets, business processes and people across the enterprise, has transformed the plant floor into a state of hyper-connectivity. However, with greater connectivity comes a drastic increase in the inflow of data.
MALDEN, Mass. (Aug. 12, 2015) – Asahi/America, Inc., a provider of thermoplastic fluid flow technology, is pleased to announce the promotion of Joe Pye to its sales team. For the last four years, Pye has been a valued member of Asahi’s engineering staff.
PARSIPPANY, N.J. (Aug. 10, 2015) – The Hydraulic Institute (HI), under the approval of the American National Standards Institute (ANSI), is seeking qualified individuals in North America to participate in the review process for the draft of updated Standard ANSI/HI 10.1-10.5 Air-Operated Pumps for Nomenclature, Definitions, Application, and Operation and ANSI/HI 10.6 Air-Operated Pump Tests.
OMAHA, Neb., & PORTLAND, Ore. (Aug. 10, 2015) – The boards of directors of Berkshire Hathaway Inc. and Precision Castparts Corp. (PCC) have unanimously approved a definitive agreement for Berkshire Hathaway to acquire, for $235 per share in cash, all outstanding PCC shares. The transaction is valued at approximately $37.2 billion, including outstanding PCC net debt.