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.
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.
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.
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.