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. […]

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 […]

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 […]

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 […]

 Washington, D.C.—-The newly released REN21 Renewables 2011 Global Status Report shows that the renewable energy sector continues to perform well despite continuing economic recession, incentive cuts, and low natural gas prices.   Authored by Worldwatch Institute Senior Fellow Janet Sawin in collaboration with a global network of research partners, the report shows that in 2010, […]

Theisen Baumaschinen Mietpark GmbH & Co KG, one of the largest construction machinery rental companies in Germany, has purchased 32 new wheeled and crawler excavators from Doosan.  Theisen continuously invests in the purchase of new machines to keep the average age of its fleet at a potentially record-breaking 2.5 years.  As well as reducing the […]