Honeywell’s UOP and China National Petroleum Corp. to Collaborate on Biofuels Projects in China

UOP LLC, a Honeywell company, announced that it signed a memorandum of understanding with China National Petroleum Corp. (CNPC) under which the two companies will collaborate on a range of biofuels technologies and projects in China. Under the terms of the agreement, announced at the 20th meeting of the China-U.S. Joint Commission on Commerce and Trade... 

New Jobs Created at Ontario Aerospace Company

Cyclone Manufacturing Inc. of Mississauga, Ontario is creating 133 jobs by investing in new technology that will help improve its products and win new business. The company makes parts for aerospace manufacturers. Their customers have included Boeing, Bombardier and Embraer. By innovating, Cyclone can use new materials to make aircraft parts that are... 

Alenia Aeronautica Selects Fiper from SIMULIA for Enterprise-Wide Simulation Integration and Collaboration

Dassault Systèmes (DS), a world leader in 3D and Product Lifecycle Management (PLM) solutions, today announced that Alenia Aeronautica, “a Finmeccanica Company”, a major commercial and defense aeronautics supplier, has chosen Fiper from SIMULIA as a key component of their enterprise-wide simulation process integration and collaboration... 

Dresser-Rand Invests In the Development of Game-Changing Compressor Technology Focused on Green Energy

Dresser-Rand Group Inc. announced that Dresser-Rand has made an investment in Ramgen Power Systems, LLC, and further expects to support Ramgen’s ongoing development work. Dresser-Rand’s funding will help satisfy Ramgen’s requirement with the Department of Energy’s National Energy Technology Lab to obtain private matching funds... 

LAI Wins Manufacturing Contract for Jet Engine Combustor Assemblies

LAI International, Inc., strategic supplier of precision components and sub-assemblies for original equipment manufacturers, has announced it has been awarded multi-year contracts for manufacturing combustor components in jet engines. LAI will process more than 360 of the make-complete combustor assemblies for a first-tier aerospace engineering company... 

Carbon Sciences Reveals the Source of Hydrogen for Its Low Energy CO2-to-Fuel Process

Carbon Sciences Inc., the developer of a breakthrough technology to transform carbon dioxide (CO2) emissions into gasoline and other fuels, today commented on the source of hydrogen and energy efficiency of its unique CO2-to-Fuel technology. Dr. Naveed Aslam, inventor of the technology and the company’s chief technology advisor, commented: “Unlike... 

Electro Energy Inc. Announces Receipt of NASDAQ Deficiency Notice

Electro Energy Inc., a leading provider of advanced battery technologies and associated systems, today announced it received a Nasdaq Staff Deficiency Letter on October 9, 2008 indicating that the Company fails to comply with the minimum bid price requirement for continued listing set forth in Marketplace Rule 4310(c)(4) because the bid price of the... 

Textron Reaches Agreement to Sell Fluid & Power Unit to Clyde Blowers for up to $645 Million

In a significant move, further advancing its portfolio strategy, Textron Inc. announced that it has reached a definitive agreement to sell its Fluid & Power business unit to Clyde Blowers Limited, a UK-based worldwide leader in the areas of power, materials handling, intermodal transport and logistics and pump technologies, for up to approximately... 

Capstone Turbine Signs Agreement to Supply Its Proprietary Air Bearing Technology to Barber-Nichols

Capstone Turbine Corporation, the world’s leading clean technology manufacturer of microturbine energy systems, announced today that it has signed a supply agreement with Barber-Nichols, Inc. for Capstone’s air bearing technology for use in non-competitive equipment manufactured and sold by Barber-Nichols. Under the terms of the agreement Capstone... 

Bristow Group Announces Agreement to Sell Aircraft

Bristow Group Inc., a leading provider of helicopter services to the offshore energy industry, today announced it has executed an agreement to sell 53 single-engine aircraft and related assets operating in the U.S. Gulf of Mexico to Rotorcraft Leasing Company, L.L.C. for $65 million. The sale is anticipated to result in a pre-tax gain of roughly $40...