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Orion Energy Systems, Inc. Announces Additional Share Repurchase Authorization

Orion Energy Systems, Inc., a leading provider of energy management systems to the commercial and industrial sectors, today announced that its Board of Directors has authorized the repurchase of up to an additional $10 million of its outstanding common stock. The action supplements the $20 million share repurchase authorization approved in July 2008 and which [...]

The Sterling Group, L.P. Completes the Sale of Hudson Products Holdings, Inc.

The Sterling Group, L.P., a middle-market private equity firm based in Houston, Texas, today announced that they have finalized the sale of Hudson Products Holdings, Inc. to Riverstone Holdings LLC.
Since 1939, Hudson Products has designed and manufactured air-cooled heat exchanger equipment to serve the oil, gas, and petrochemical processing industries. Through continuous innovation, Hudson became [...]

Longhorn Experiences Marked Increase in Shipments of Product to Southwestern Markets

Longhorn Pipeline Inc., a wholly-owned subsidiary of Flying J Inc., reported that there has been a marked increase in recent shipment activity since Flying J secured a revolving DIP facility with Merrill Lynch on February 27. As part of this arrangement, Longhorn has been granted extended use of line fill inventory and cash collateral that [...]

OriginOil Invited to Present at Next Generation Biofuels Markets Conference in Amsterdam

OriginOil, Inc., the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, announced today it will present at the Next Generation Biofuels Markets conference on October 8, 2008, in Amsterdam, The Netherlands.
“The Biofuels Markets World Series brings together major industry players in alternative [...]

Despatch Industries Realigns Corporate Business to Focus on Growth Markets

Despatch Industries, the leading process technology provider for the clean technology and thermal processing industries, announces that it has organized its business into three units: Despatch Solar, Despatch Carbon Fiber and Despatch Thermal Technology. The company has seen unparalleled growth in these markets and is now suitably aligned to focus on building strong partnerships with [...]

Ocean Power Technologies Wins New $2M Award from US Department of Energy

Ocean Power Technologies, Inc. announces that it has received a US$2.0 million award from the US Department of Energy (DoE), in support of OPT’s wave power project in Reedsport, Oregon.
The DoE grant will be used to help fund the fabrication, assembly and factory testing of the first PowerBuoy® to be installed at the Reedsport site. [...]

Cavico Applies Raise Climber and Reaming Technologies with Robbins 61R

Cavico Corp., a leading infrastructure development company in Vietnam, today announced that the Company’s subsidiary Cavico Bridge and Underground Construction purchased Robbins 61R, a state-of-the-art piece of equipment used in hydropower projects, for $1.1 million.
The Robbins 61R is manufactured by Robbins of USA. It is considered to be one of the most updated pieces of [...]

Alfa Laval Wins SEK 150 Million Order in India For Its Clean Technologies

Alfa Laval a world leader in heat transfer, centrifugal separation and fluid handling – has won an order for three thermal evaporation systems from Vedanta Aluminum Limited for its expansion project in India. The order value is about SEK 150 million and delivery is scheduled for 2009.
“Alfa Laval has provided customers with solutions that generate, [...]

New Jersey Resources Ranks in the Top 10 of the Fortnightly Best Energy Companies

New Jersey Resources (NJR) has been recognized as one of the top 10 best energy companies in the annual Fortnightly 40, published by Public Utilities Fortnightly magazine. The list, in its fourth year of publication, ranks the 40 best U.S. investor-owned utilities and other companies active in the electric power and natural gas industries based [...]

El Maniel International, Inc. Receives Gold Buyer’s License for Gold Initiatives Expansion

El Maniel International Inc. announces today that its gold trading subsidiary, EMLL Mining Limited has received its Gold Buyer’s License as issued by the Precious Minerals Marketing Company Limited (PMMC). PMMC is responsible for the purchase and marketing of the precious minerals with head offices located in the Diamond House building in Accra adjacent to [...]