U.S. nuclear agency plans safety review of reactors

The top U.S. nuclear regulator on Wednesday approved the launch of a safety review of U.S. nuclear reactors sought by President Barack Obama in response to the ongoing crisis at Japan’s Fukushima plant. The Nuclear Regulatory Commission voted to create an agency task force made up of current and former commission experts that will review the information... 

Headwaters Incorporated Announces Closing of 7-5/8% Senior Secured Notes Due 2019

Headwaters Incorporated today announced the closing of its offering of $400.0 million aggregate principal amount of 7-5/8% Senior Secured Notes due 2019 (the “Notes”). The Notes are senior secured obligations of Headwaters and are guaranteed by certain of Headwaters’ existing and future domestic subsidiaries. Net proceeds from the offering were... 

High-Temperature Ceramic Coating Protection, by Furnace Mineral Products Incorporated, a Feature of “Industry Today” on Industrialinfo.com

Industrial Info Resources will host special guest Furnace Mineral Products (Stouffville, Ontario) as part of this week’s “Industry Today” webcast. Furnace Mineral Products is a recognized global leader in advanced high-temperature ceramic coatings for the power generation industry. The high-temperature ceramic coatings offered by Furnace... 

Algonquin Power & Utilities Corp. Announces 2010 Fourth Quarter and Year End Financial Results

Algonquin Power & Utilities Corp. today announced financial results for the fourth quarter and year ended December 31, 2010. On October 27, 2009, Algonquin Power Income Fund became a wholly owned subsidiary of Algonquin Power & Utilities Corp. (collectively “APUC”), maintaining the same operations and business activities, but under... 

PG&E Statement on First Day of NTSB Hearings

Pacific Gas and Electric Company today issued the following statement by Chris Johns, President of PG&E, at the conclusion of the first day of National Transportation Safety Board (NTSB) hearings: “We appreciate the opportunity to participate in today’s hearings and applaud the NTSB for its diligent effort to examine critical pipeline... 

MarkWest Energy Partners Closes Public Offering of $300 Million of 6.5% Senior Notes Due 2021

MarkWest Energy Partners, L.P. (NYSE:MWE – News) and its subsidiary MarkWest Energy Finance Corporation announced today the closing of a public offering of $300,000,000 of 6.5% senior unsecured notes due 2021 (the “Notes”) at par. The Partnership intends to use the net proceeds from the Notes offering to purchase later today $272,205,000 aggregate... 

Stewart & Stevenson Announces the Appointment of New Directors

Stewart & Stevenson LLC announced today the appointment of Anthony G. Petrello, J. Robinson West, and Munawar (Micki) H. Hidayatallah as three new members to serve on its Board of Directors. Mr. Petrello has been President and Chief Operating Officer of Nabors Industries Ltd. since 1992, a Director since 1991, and Deputy Chairman from 2003. He holds... 

Cyclone Power Technologies Successfully Completes R&D Project for Raytheon Company

Cyclone Power Technologies Inc. has successfully completed a third phase of performance tests of its heat-regenerative external combustion engine for Raytheon Integrated Defense Systems (IDS), a business of Raytheon Company. The tests verified by Raytheon demonstrated that Cyclone’s prototype, water-cooled “Stingray” engine achieved thermal efficiencies... 

Hybrid Construction Method Raises Private High School Campus Up From Ashes

When the school’s gymnasium burned to the ground, Fryeburg Academy needed a plan for reconstruction that could get done quickly, but not break the bank. The private school in western Maine also had to insist on quality. After all, they need to compete to attract a certain percentage of their students each year. “We had an immediate obligation... 

Magnetek Announces Second Quarter Fiscal 2011 Results

Magnetek, Inc. today reported the results of its 2011 fiscal second quarter ended January 2, 2011. Second Quarter Results In its second quarter of fiscal 2011, Magnetek recorded revenue of $26.1 million, a 36% increase from the second quarter of fiscal 2010 and a 5% sequential increase from the first quarter of fiscal 2011. The increase in sales from...