Varel International, a leading manufacturer of drill bits and global supplier to the drilling industry, announces it has completed the acquisition of the Rotary Percussion System (RPS) product line and assets of Renegade Tools LLC. The line of high frequency, low impact percussion hammer tools complements the already robust suite of tools Varel supplies...
Esterel Technologies, the leading worldwide provider of critical system and software development solutions, today announced that TÜV SÜD Rail GmbH has certified the latest version of its SCADE Display® KCG® Code Generator to safety integrity level (SIL) 3/4 under EN 50128 and SIL 3 under IEC 61508. TÜV SÜD is a leading global testing and inspection...
Diversified industrial manufacturer Eaton Corporation today announced it has completed its purchase of the Tuthill Coupling Group, a division of Tuthill Corporation. The transaction was announced December 16, 2010. The Tuthill Coupling Group manufactures pneumatic and hydraulic quick coupling solutions and leak free connectors used in industrial, construction,...
In conformity with the Disclosure and Transparency Rules, we hereby notify the market of the following:Mr. Kjell E Jacobsen has served notice that he would like to retire from the Board of Seadrill Limited effective from December 31, 2010. Mr. Jacobsen started to work for offshore drilling company Smedvig in 1991 and was the Company’s CEO from...
Mullen Group Ltd. announced today a number of transactions that will expand its fluid handling and hauling capabilities in northern Alberta and northeastern British Columbia. “Acquiring businesses leveraged to fluid hauling and the production services segment of the oil and gas industry has been a strategic focus of the Mullen Group for several...
Cyclone Power Technologies reported exceedingly positive feedback at the recent Power-Gen International conference from customers, manufacturers and suppliers for its waste heat recovery and waste oil power generators offered by Phoenix Power Group LLC (PPG) and Clean Burn Inc. “We felt the show was an absolute success in terms of creating awareness...
MYR Group Inc. a leading specialty contractor serving the electrical infrastructure market in the United States, announced it has entered into a contract with Central Maine Power Company, a subsidiary of Iberdrola USA, to construct and rebuild approximately 210 miles of 345-kilovolt (kV) and 115kV transmission lines throughout northeastern Maine. The...
The Oregon Public Utility Commission (OPUC) today announced its decision regarding Portland General Electric Company’s 2011 general rate case, ending a public review process that began in February 2010. The commission approved an overall price increase of approximately 3.9 percent, which will be allocated across all PGE customer classes. Together...
The Oregon Public Utility Commission (OPUC) today announced its decision regarding Portland General Electric Company’s 2011 general rate case, ending a public review process that began in February 2010. The commission approved an overall price increase of approximately 3.9 percent, which will be allocated across all PGE customer classes. Together...
ENER1, Inc. a leading manufacturer of lithium-ion energy storage systems for transportation, utility grid and consumer electronics applications, today announced that its shareholders have approved the appointment of four new members to its board of directors. The new directors are Nora Brownwell, Wilber James, Greg Kasagawa and Stanislav Shekshnia....