ERLAGEN, Germany (Feb. 13, 2014) – Siemens Energy is supplying two steam turbines along with auxiliary and ancillary systems for the lignite-fired Soma Kolin Power Plant in Turkey. Siemens' customer is the Chinese enterprise Harbin Electric International Company Ltd. (HEI), which is constructing the 510-megawatt facility on a turnkey basis for the Turkish company HİDRO-GEN ENERJİ İTHALAT İHRACAT DAĞITIM VE TİCARET A. Ş.
BREMEN, Ind. (Feb. 10, 2014) – Bremen Castings Inc., a family-owned foundry, will celebrate its 75th anniversary in March.
“It is crucial for everyone to be a team member and an active citizen within our communities so we strive to cast each employee into a valuable and responsible individual,” says James Brown, president of Bremen Castings. “We have a set of core values that we want everyone to have and appreciate.”
NEW YORK and ST. LOUIS (Feb. 12, 2014) – Private equity firm Irving Place Capital and Victor Technologies announced that they have entered into a definitive agreement to sell Victor to Colfax Corporation, a global manufacturer of gas- and fluid-handling and fabrication technology products. The all-cash transaction values Victor at approximately $947 million, including the assumption of debt, and is subject to customary closing conditions.
(Feb. 11, 2014) – St. Louis-based Nidec Motor Corporation (NMC) supplied 21, six-foot tall U.S. MOTORS® brand vertical solid shaft pump motors to drive the pumps used in the massive snow-making system at the Olympic Games in Sochi, Russia. There are 14, 5012 frame, 600 horsepower vertical pump motors and seven 5008 frame, 300 horsepower vertical pump motors.
CHICAGO (Feb. 11, 2014) – The Hydraulic Institute (HI) elected George Harris, CEO and founder of Hydro Inc., as president of the HI Board of Directors.
ERLANGEN, Germany (Feb. 11, 2014) – Siemens Energy received an order from South Korea for the delivery of a two-cylinder steam turbine with an associated generator for the Seagull Project. The customer is the South Korean company eTEC E&C. As the EPC, eTEC E&C will construct the plant for its subsidiary Gunjang Energy Co. Ltd.
HILLSBORO, Ore. (Feb, 5, 2014) – Franklin Control Systems (FCS), a wholly owned subsidiary of Franklin Electric, Inc., announced that it has moved into a new 60,000 square-foot engineering and production facility in Hillsboro, Ore., doubling the company’s leased space under a single roof.
BRIDGEPORT, N.J. (Feb. 10, 2014) – Xylem announced the opening of its newest dewatering solutions branch in Pompano Beach, Fla.
Managed by current Florida branch manager, Mike Sturgill, the branch is located at 1201 NW 18th Street, Pompano Beach, FL 33069.
WILMINGTON, N.C. (Feb. 7, 2014) – HAWK Manufacturing, Inc. terminated its agreement to purchase a majority interest in Trump Equipment Company, Inc., of New Braunfels, Texas ("Trump"). HAWK, a CNC machining company based in Charleston, S. C., had entered into an agreement with the majority shareholders of Trump to purchase the company on Sept. 27, 2013.
BURNABY, British Columbia (Feb. 7, 2014) – Effective Jan. 31, 2014, Motion Canada, a division of Birmingham, Ala. based Motion Industries completed the acquisition of all of the issued and outstanding common shares of Commercial Solutions, Inc. (“CSI”). The acquisition agreement was previously announced on Dec. 2, 2013.