ERLANGEN, Germany (Nov. 22, 2013) – Siemens Energy commissioned the Santo Domingo de los Olleros simple cycle power plant in Peru to Termochilca SAC after only 19 months of construction. Siemens erected the turnkey plant and will also continue to service the plant with a long-term service agreement. The 200 megawatt natural gas fueled power generation plant will start service in a simple cycle mode with an option for a combined cycle plant in the next phase.
ATLANTA, Ga. (Oct. 18, 2013) – WEG Electric announced investments of $345 million throughout the next five years for the expansion and increased production in both Mexico and China.
The existing manufacturing complex in Mexico will benefit from expanded production capacity as well as increased vertical integration, making it similar to WEG’s largest industrial complex in Jaraguá do Sul, Brazil.
Oakbrook Terrace, Ill. (Nov. 18, 2013) – Pump Solutions Group (PSG), an operating company within Dover Corporation and a provider of pumps, systems and related technologies, announced that it has completed the acquisition of Finder Pompe S.p.A. (Finder) for a purchase price of approximately $145 million, subject to normal post-closing adjustments.