ERIE, Pa. (Nov. 17, 2014) – High Pressure Equipment Company (HiP) is celebrating its 60th anniversary in 2014 with an innovative employee leadership program and a commitment to the company’s long-established tradition of excellence.
HOUSTON (Nov. 17, 2014) – Halliburton Company and Baker Hughes Incorporated announced a definitive agreement under which Halliburton will acquire all the outstanding shares of Baker Hughes in a stock and cash transaction. The transaction is valued at $78.62 per Baker Hughes share, representing an equity value of $34.6 billion and enterprise value of $38.0 billion, based on Halliburton’s closing price on Nov.
ERLANGEN, Germany (Nov. 17, 2014) – Siemens, in consortium with Bechtel, was awarded the order for the turnkey supply for Panda Power Funds’ Stonewall Energy Project in Leesburg, Virginia.
DALLAS (Nov. 14, 2014) – Flowserve Corporation has announced that it has submitted a binding offer to acquire the equity of SIHI Group B.V., a global provider of engineered vacuum and fluid pumps and related services, from TBG Europe NV for consideration of approximately 298 million euros ($372.5 million equivalent1).
DALLAS (Nov. 14, 2014) – Flowserve Corporation has announced that it has submitted a binding offer to acquire the equity of SIHI Group B.V., a global provider of engineered vacuum and fluid pumps and related services, from TBG Europe NV for consideration of approximately 298 million euros ($372.5 million equivalent1). Closing is subject to standard regulatory approvals and other customary conditions.
SCHAFFHAUSEN, Switzerland (Nov. 13, 2014) – Xylem Inc. was presented with a Silver Medal Innovation Award from the German agriculture organization Deutsche Landwirtschafts Gesellschaft (DLG) at the Bioenergy Decentral Fair, which took place at Hanover Fairground, Nov. 11-14. The Xylem team, led by Dr.
KYOTO, Japan (Nov. 13, 2014) – Nidec Corporation has announced that the Nidec Research and Development Center has developed a motor-drive system based on a silicon carbide (SiC) inverter.