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...
Ashland Inc. announced today that its board of directors approved a $400 million stock repurchase program. Under the program, the company’s common shares will be purchased through a combination of a 10b5-1 automatic trading plan and discretionary purchases on the open market or in privately negotiated transactions. The amount and timing of any...
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 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...
In today’s fast-paced high-tech world many companies are looking to use technology to make life simpler and more convenient for their customers. If MXenergy’s new online customer service programs are any indication, customers are highly appreciative. MXenergy, one of the nation’s leading independent energy providers, now offers multiple...
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...
FreeWave Technologies manufacturer of the most reliable, high-performance spread spectrum and licensed radio solutions for mission critical data transmission, today announced it has been selected by OG&E for its comprehensive smart grid deployment. As part of this project, OG&E will utilize FreeWave’s FGR2-PE wireless radio solution for...
Tendril, a leading energy platform company, and Whirlpool Corporation , the world’s leading appliance maker, unveiled a relationship that sets the stage for the rollout of smart home appliances in the U.S. The Tendril platform has the capability to support millions of smart appliances in homes across America. Tendril will provide the back-end...
Viessmann, one of Europe’s leading brands in heating technology, is urging designers and constructors to visit its stand (N2030) at Ecobuild (March 1-3, 2011; ExCel; London) for unbiased advice on the specification of sustainable and energy efficient heating technologies. The company, renowned for its comprehensive range of quality products for...
Intergraph will present a webinar on January 19, 2011, at 10:00 a.m. CST that will demonstrate the use of CADWorx Plant Professional in performing plant design modifications plus the various time saving and productivity enhancing tools available. The session will show how to perform piping changes and collision checking and how to redesign electrical...