(Feb. 1, 2012) - As a result of the cooperation between Vacon Plc and CEI (China National Electric Apparatus Institute Co), CEI has received the Golden Sun Certificate approved by the China National Quality Certification Center (CQC) for their 200 kW solar inverter on Dec. 15, 2011. This major milestone in the cooperation between CEI and Vacon will allow CEI to participate in the bidding for the Golden Sun solar program run by the Chinese government.
ABB and Thomas & Betts Corporation, a North American producer of low voltage products, announced that both companies’ boards of directors have agreed to a transaction in which ABB will acquire Thomas & Betts for $72 per share in cash or approximately $3.9 billion. The acquisition price represents a 24 percent premium to Thomas & Betts’ closing stock price on Jan. 27, 2012 and a 35 percent premium to the volume weighted average stock price over the past 60 trading days.
(Jan. 27, 2012) - Registration is now open for the 2012 SWPA Joint Training Seminar in Boston, April 4-5. This event is co-sponsored by Pumps & Systems magazine.
Participants from more than 140 countries test their knowledge of pumps, support worldwide education for heart health.