KYOTO, Japan (Sept. 25, 2013) – Nidec Corporation today announced that one of its wholly owned subsidiaries, Nidec Sankyo Corporation ("Nidec Sankyo"), has agreed to purchase all of the shares of common stock of Mitsubishi Materials C.M.I. Corporation ("CMI") from Mitsubishi Materials Corporation ("Mitsubishi Materials") (the "Transaction"). Nidec Sankyo and Mitsubishi Materials have entered into a basic agreement in connection with the Transaction as of September 26, 2013.
NEWS
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ALEXANDRIA, Va. (Sept. 26, 2013) – The Water Environment Federation (WEF) has announced the winners of the 2013 StormTV Project Competition. The awards will be presented, along with a screening of the winning videos, in the Stormwater Pavilion during WEFTEC 2013—WEF’s 86th Annual Technical Exhibition & Conference in Chicago.
HOUSTON (Sept. 24, 2013) – Invensys has acquired InduSoft. Headquartered in Austin, Texas, and founded in 1997, InduSoft has delivered more than 250,000 HMI software licenses to more than 700 customers worldwide, primarily industrial computer manufacturers and machine and system builders, who embed InduSoft’s software into their products.
WASHINGTON (Sept. 24, 2013) – The global energy industry must play a greater role in the transition to sustainable energy systems if United Nations development goals are to be met, warns a report launched by the World Energy Council (WEC).
The potential for billions of people benefiting from sustainable energy systems in future decades hangs in the balance without increased private sector support, it says.
STAFFORD, Texas (Sept. 24, 2013) – COOPER Valves has added Chris Huntsman to its management team as operations manager. Huntsman has been added to the management team to guide COOPER through its rapid growth path and develop cost-effective manufacturing processes.
ANCHORAGE, Alaska (Sept. 23, 2013) – Harrington Industrial Plastics announced the opening of a branch location in Anchorage, Alaska. For more than 30 years, Harrington has supported the Alaska market out of its Seattle location. Seattle Branch Manager, Ken Lang, has been overseeing the setup of the Alaska branch and has facilitated its successful opening.
HELSINKI (Sept. 23, 2013) – Metso will supply Oskarshamn Energi with a complete biomass-fired power plant for combined heat and power production in Oskarshamn in Sweden. The start-up of the plant is scheduled for winter 2015. The value of the order will not be disclosed.
ZURICH (Sept. 19, 2013) – ABB has won an order worth around $25 million to supply its marine propulsion system, Azipod, and complete electric power plants for two new rescue and salvage icebreakers that are under construction at Nordic Yards GmbH in Germany.
SCHAFFHAUSEN, Switzerland (Sept. 19, 2013) – Xylem Inc. has won a contract to develop and install a secondary wastewater treatment solution that will eliminate effluent odor problems and significantly improve the quality of wastewater in the town of Tolu on the Colombian Caribbean coast. The Xylem solution is one of the first wastewater treatment systems using ultraviolet (UV) disinfection to be developed in Colombia.
HELSINKI, Finland (Sept. 19, 2013) – Metso's automation business has been recognized by the Brazilian Pulp and Paper Technical Association (ABTCP) with the award of "Top supplier of automation for the pulp and paper industry." The voting phase included professionals from the sector and a strict technical evaluation of the candidates. The awards, regarded as the most prestigious in the pulp and paper segment in Brazil, have been organized by ABTCP for the past 12 years.