Press Releases

PIC Group, Inc. is pleased to announce the launch of the Spanish-language version of its website, www.picworld.com. Visitors can switch between English and Spanish by selecting the language tab at the top of the website. During the past few years, PIC has experienced significant international growth. With four Latin American branches, this area of the […]

BATESVILLE, Indiana, August 5, 2011 – /PR NewsWire/ – Hillenbrand, Inc. (NYSE: HI) has entered into a definitive agreement to acquire privately held ROTEX Global, LLC, a portfolio company of Windjammer Capital Investors, for $240 million in cash, subject to certain closing and post-closing adjustments. The acquisition is expected to close in late August, subject […]

Zurich, Switzerland, Aug. 2, 2011 – ABB, the leading power and automation technology group, has won an order worth around $1 billion from the Dutch-German transmission grid operator TenneT to supply a power link connecting offshore North Sea wind farms to the German mainland grid. This is the largest power transmission order in ABB’s history. […]

Allentown, PA – July 26, 2011: ASGCO’s line conveyor safety equipment is designed with one main priority – making sure workers are protected hazardous moving machine parts and pinch points within the conveyor system. Our Safe-Guard line of products are also versatile and constructed from powder coated steel. The MSHA and OSHA accepted Flat Return […]

Just like people, power plants can sometimes have rewarding new careers after their typical retirement age. A small plant in Mexico demonstrates just how valuable well-maintained, old equipment can be.

HOUSTON, August 1, 2011 – A cooperative in northern Vermont serving a largely rural area has proven that even small utilities can achieve great smart grid results by planning wisely. For improving service to its members by developing a grid modernization strategy before “smart grid” was a buzz phrase, Vermont Electric Cooperative (VEC) is the […]

HOUSTON, August 1, 2011 – Kansas City Power & Light (KCP&L) wins this year’s top award from POWER magazine for Iatan 2, located 30 miles northwest of Kansas City. The owners of the 850-MW (net) Unit 2 demonstrated how to plan for and build a coal-fired power plant in a way that balances the needs […]

Fort Smith, Ark. – Baldor Electric Company, a Fort Smith, Arkansas‐based manufacturer of energy-saving industrial electric motors, drives, mechanical power transmission products and generators, is now responsible for selling and supporting the complete line of ABB low and medium voltage industrial electric motors and generators. This move by ABB allows Baldor to offer local customers […]

LONDON – 21 July, 2011 – Many European states are investing in smart metering in the drive to meet EU’s energy targets to be achieved by 2020. The third energy directive is driving member states for 80 percent smart meter penetration by that date.  However, according to Frost & Sullivan, region-wise disparity exists due to […]

WILMINGTON, N.C.—July 27, 2011— With Poland evaluating two GE Hitachi Nuclear Energy (GEH) reactor models for the country’s first nuclear power plant projects, GEH today announced it has signed a memorandum of understanding (MOU) with Warsaw-based engineering firm Energoprojekt Warszawa, S.A. (EW) to discuss the feasibility of partnering on future reactor projects. The MOU with […]