Fuel Systems Solutions, Inc. Enters Into Agreement to Acquire Alternative Fuel Systems (2004) Inc.

Fuel Systems Solutions, Inc. through its wholly owned subsidiary IMPCO Technologies, Inc. and Alternative Fuel Systems announced that they have entered into a support agreement pursuant to which IMPCO has agreed to offer to acquire, directly or indirectly, all of the outstanding common shares of AFS for Cdn.$0.50 in cash per share (the “Offer”).... 

Obama’s Visit to Brazil Yields ‘Encouraging’ Renewable Fuels Cooperation, According to Brazilian Sugarcane Industry Association

Two important announcements involving renewable energy made on the opening day of U.S. President Barack Obama’s official visit to Brazil, both directly relevant to Brazil’s successful sugarcane ethanol industry, are encouraging signs that Brazil and the U.S. are on a path to achieve free, unobstructed trade for clean, renewable biofuels.... 

Peabody Energy Announces New Business Development and Law Appointments

Peabody Energy announced today two new leadership appointments: Murray Hundleby has been named Vice President and Chief Legal Officer – Australia, and Rebecca L. Kujawa has been promoted to Vice President – Business Development. In this new position, Hundleby will lead the law department supporting Peabody’s Australian business platform from... 

Frost and Sullivan: South Korean Industrial APCE Market to Earn $221 Million by 2016

As most industries, such as power plants and steel mills, in South Korea have already installed air pollution control equipment (APCE), the growth of the market is expected to be limited between 2 and 3 percent for the next five years until 2016. New analysis from Frost & Sullivan (http://www.environmental.frost.com), Industrial Air Pollution Controls... 

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... 

Dresser-Rand Announces Plan to Acquire Grupo Guascor S.L. (“GG”)

Dresser-Rand Group Inc., a global supplier of high-speed rotating equipment and service solutions, announced today that it has signed a Share Purchase Agreement (“SPA”) to acquire Grupo Guascor S.L. (“GG”) for an enterprise value of euro 500 million ($690 million) in a cash and stock transaction. The enterprise value includes... 

Estrakon Launches New Product Line at GlobalShop 2011

Estrakon, Inc., will officially launch its new Krystal Frame edge-lit LED product line at GlobalShop 2011 — at the Sands Expo and Convention Center in Las Vegas next month, Booth # 656. Krystal Frame features open-edge, glowing displays that are lightweight, thin, energy-efficient and elegant. “The non-animated Krystal Frame expands the... 

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... 

John Wood Group PLC (‘Wood Group’, the ‘Group’) Announces Disposal of Well Support Division for $2.8 Billion

Wood Group, the international energy services company, today announces it has entered into a conditional agreement to sell its Well Support Division to GE for cash consideration of $2.8 billion (the “Disposal”). Following the Disposal, the Board of Directors intends that Wood Group will return cash of not less than $1.7 billion to shareholders... 

S&P 500 eyes best week in nine

Stocks were headed for their best week in nine on Friday as the market defied calls for a pullback despite signs of rotation into defensive and lagging sectors that could intensify in coming weeks. Signs of improvement in the economy and strong corporate earnings have propelled stock prices but tapering volume, meager gains and declining numbers of...