ERLANGEN, Germany (April 4, 2013) – Siemens Energy has acquired specialized know-how of organic Rankine cycle technology from insolvency administrators managing the assets of Maxxtec AG and Adoratec GmbH in Sinsheim, Germany. The purchase agreements have been signed and the transaction will soon be concluded.
COLOMBES, France (April 4, 2013) – Arkema has acquired a majority stake in AEC Polymers, a French manufacturer of structural adhesives. AEC Polymers recently developed a range of methacrylate glues (SAF® range) based on an Arkema technology, which boast unrivalled mechanical properties. AEC Polymers will join the Group’s new products and new technologies incubator.
MUNICH, Germany (April 10, 2013) – Siemens has formed a global strategic collaboration agreement with CH2M Hill. The relationship between the two global companies began last year, when senior automation engineers from CH2M Hill joined more than 150 other guests from the U.S., Canada, Mexico and Brazil for Siemens German Business Trip, a special, five-day VIP executive briefing trip timed around the Hannover Fair.
ZURICH, Switzerland (April 22, 2013) – ABB and Power-One, Inc., announced that their boards of directors have agreed to a transaction in which ABB will acquire Power-One for $6.35 per share in cash or $1,028 million equity value.
WINTERTHUR, Switzerland (April 23, 2013) – Sulzer Pumps and Sinopec Corporation have established a long-term strategic partnership to develop their commercial activities within the hydrocarbon processing industry. Through this collaboration, both companies will benefit from joint technology development, research and development (R&D), as well as commercial and logistics cooperation.
DORAL, Fla. (April 23, 2013) – LUDECA is bringing Precision Laser Alignment to Pennsylvania and New York with their one-day Machinery Alignment Seminar. This workshop will cover how to Monitor and Measure Thermal Growth, Measure Multi-Coupling Trains as well as Alignment of Bores of Compressors, Engines and Pumps.
PARSIPPANY, N.J. (April 17, 2013) – Baldor Electric Company, a Member of the ABB Group, will host a one-day pump systems optimization course on May 16, 2013 in Greenville, S.C., designed to help pump users learn how to identify and reduce hidden operating and energy costs in their pump systems, and ultimately increase profitability of their business. Energy savings of 20 to 40 percent are possible.
ALEXANDRIA, Va. (April 17, 2013) – The message in Washington was loud and clear: investment in water infrastructure is an investment in America’s future. Top water leaders from the private and public sector joined together in Washington, D.C. to make the business case for water infrastructure investment during the well-attended National Water Infrastructure Summit and concurrent testimony before the House Interior and Environment Subcommittee on Appropriations.
GROVETOWN, Ga. (March 21, 2013) – GIW Industries announced a new record in employment longevity – as of January, Reab Berry, mechanical engineer and renowned slurry pump expert, has been with GIW for 50 years.
"How do you get to 50 years? It's very simple. You just take it one day at a time," says Berry.