HOUSTON (June 3, 2014) – GE announced that it successfully completed its acquisition of Cameron’s Reciprocating Compression division for $550 million. The division provides reciprocating compression equipment and aftermarket parts and services for oil and gas production, gas processing, gas distribution and independent power industries. Cameron’s Reciprocating Compression division has approximately 900 employees and operates from 20 global locations.
WASHINGTON (June 2, 2014) – At the direction of President Obama and after an unprecedented outreach effort, the U.S. Environmental Protection Agency released the Clean Power Plan proposal, which for the first time cuts carbon pollution from existing power plants, the single largest source of carbon pollution in the United States.
SINGAPORE (June 3, 2014) – Pump manufacturer Grundfos and PUB, Singapore’s national water agency, have signed a memorandum of understanding (MOU) to jointly collaborate on the development of water technologies and solutions.
The signing event took place at Sands Expo and Convention Centre, where the Singapore International Water Week (SIWW) is currently being held.
NEW YORK (June 2, 2014) – RWL Water Group changed its name to RWL Water, effective June 1. The subtle change eliminates the word “Group” from the official name in order to signify its emphasis on operating as a singular global water solutions company. All of RWL Water’s portfolio companies (formerly known as Nirosoft Industries Ltd, AEROMIX Systems Inc., Eurotec WTT S.r.l. and Unitek S.A.) will do business as RWL Water.
MADISON, Wis. (June 2, 2014) – As U.S. manufacturing recorded the greatest monthly increase so far in 2014, a recent survey involving members of the Control System Integrators Association (CSIA) also points to an upswing in the automation industry.
MILWAUKEE (June 2, 2014) – Milwaukee Tool announced the acquisition of the Empire Level business based in Mukwonago, Wisconsin.
Empire Level is a fully integrated solutions provider in the layout and measurement product categories. Empire manufactures levels, squares, layout tools, and safety and utility tape.
MIAMI (June 2, 2014) – Abakan Inc. announced that it has increased its ownership position in its majority owned subsidiary, MesoCoat Inc., to a 87.5 percent direct and 89.9 percent direct and indirect ownership. The increase is the result of converting an additional $6.2 million in MesoCoat investment into equity and exchanging 21 percent of ownership in Powdermet for 65.3 percent of Powdermet’s shares of MesoCoat.
BOULDER, Colo. (June 2, 2014) — FreeWave Technologies Inc. announced its WavePoint platform was named a 2014 M2M Evolution Product of the Year Award winner from M2M Evolution Magazine.
HOUSTON (June 2, 2014) – Hoover Container Solutions announced the promotion of Gabriela Blanco to international client services manager.
Blanco joined Hoover Container Solutions in February 2012 in the international customer service department and worked diligently in support of the international sales effort.
BLOOMFIELD HILLS, Mich. (June 2, 2014) – Fortis Energy Services CEO Nathan Conway has named Meghan Berg as the company’s new human resources director. Fortis Energy Services Inc. is a national oil and gas well service company and a provider of oil and gas well services.