BERWYN, Pa. and MIDDLEFIELD, Conn. (April 11, 2014) – AMETEK, Inc and Zygo Corporation announced that they have entered into a definitive merger agreement under which AMETEK will acquire all the outstanding shares of common stock of Zygo at a purchase price of $19.25 per share in cash, which represents a premium of 31 percent to Zygo's closing share price on April 10, 2014.
IRVING, Texas (April 11, 2014) – Flowserve Corporation announced that it received multiple orders for key pumping systems for the Lichterfelde Cogeneration Power Plant. The orders were booked in the first quarter of 2014.The new 300 MW Lichterfelde facility, which replaces an old coal plant, uses natural gas as a fuel and uses the otherwise wasted heat energy for district heating.
BLACKBURN, England (April 10, 2014) – Precision Polymer Engineering (PPE) is to invest in the construction of a new manufacturing facility in Brenham, Texas.
A groundbreaking ceremony took place on Wednesday, April 2, marking the start of construction on the new 30,000 square-foot facility, which will be running by October 2014. The new factory will specialize in the manufacture of custom O-rings and other critical elastomer sealing components.
DENVER (April 10, 2014) – CH2M HILL a global consulting, design, construction and operations firm, announced that Lisa Glatch has joined the firm as Chief Strategic Development Officer.
LONDON (April 10, 2014) – Manufacturers of building automation systems (BAS) across Europe are taking their solutions to the next level by using supporting infrastructures such as wireless control devices, cloud services, building analytics software, smart grids and vertical farming systems. Among these supporting infrastructures, building analytics, the cloud and smart grids are likely to play the most important role in strengthening the BAS market over the next four years.
PORT ORANGE, Fla. (April 10, 2014) – Thompson Pump and Manufacturing Company, Inc. recognized James Copeland as their 2013 Branch Manager of the Year.