ATLANTA (Dec. 11, 2013) – Siemens Industry announced the roll-out of its Managed Security Service in the U.S., a new offering aimed at providing continuous protection to production environments. The offering includes assessment of security posture, implementation of recommended security measures and transitions into ongoing defense against rapidly evolving cyber security threats in Industrial Control System environments. The new offering will first be introduced in the U.S.
ERLANGEN, Germany (Dec. 11, 2013) – The Lünen hard-coal-fired power plant owned by Trianel Kohlkraftwerk Lünen GmbH und Co. KG has been on line in continuous operation since December 2013. The plant was built as a turnkey unit under a consortium arrangement between Siemens and IHI Corporation. It has an installed electrical capacity of 750 megawatts. With 7,000 full-load operating hours predicted for 2014 the Lünen plant can provide electricity for around 1.5 million households.
HOUSTON (Dec. 9, 2013) – DXP Enterprises, Inc., and B27, LLC, principally controlled by Champlain Capital Partners, L.P., announced that they entered into a definitive agreement pursuant to which DXP will acquire all of the equity securities and interests of B27, LLC, at a purchase price of approximately $285 million.
ZURICH (Dec. 6, 2013) – ABB won orders worth $180 million in 2013 to deliver complete electrical power plants and propulsion systems for six new cruise liners that include its latest-generation Azipod XO units. The orders make 2013 the best-ever year for ABB in cruise liners with the Azipod system.
PARIS (Dec. 5, 2013) – Schneider Electric and DONG Energy agreed to cooperate on a technological and commercial partnership for a more sustainable energy supply of remote islands in Africa. The ambition is to enable African electric network operators of remote or isolated island grids to increase the share of renewable used while maintaining grid stability and reliability for consumers.
AARHUS, Denmark (Dec. 5, 2013) – Phosphorus scarcity may become a major challenge in the future. As a nutrient it is an essential factor in plant growth and therefore an important element of food production for a growing global population. Naturally occurring phosphorus which can be mined for fertilizer is a limited resource in danger of being exhausted. Phosphorus recycling and new ways of mining it have therefore become areas receiving global attention.
DECATUR, Ga. (Dec. 4, 2013) – Newcomb Spring Corp. named Daniel (Dan) Tetreault as the new general manager of its New England facility, Newcomb Spring of Connecticut. In this position, Tetreault will oversee operations at the plant, lead new business development and assist customers in the manufacture of custom springs, wire forms and stamped metal parts.
Tetreault was previously employed at WAFIOS Machinery Corporation, where he served as vice president.
SENECA FALLS, N.Y. (Dec. 4, 2013) – ITT’s Goulds Pumps brand has launched the third annual World of Pumps Quiz, building on the success of the global pump industry challenge that last year attracted more than 15,000 participants from 151 countries. The quiz runs for 20 weeks, offering new sets of questions biweekly, and ends at midnight on March 30, 2014.
CHICAGO (Dec. 3, 2013) – Jordan, Knauff & Company (JKC) was honored to receive the 2013 Energy Services & Manufacturing Deal of the Year award at the Americas M&A Atlas Awards recently in New York. The Americas M&A Atlas Awards recognize outstanding achievements of firms and individuals in the middle-market mergers and acquisitions (“M&A”) industry throughout North and South America.