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Patented Cool

Cool Technologies’ radial vent methods receive patent Cool Technologies, Inc., received a US patent (no. 9,543,809) on February 24 for its radial vent heat pipe system as well as a notice of allowance for a patent in Mexico. “Cooling technologies developed in the 1970s are still the standard in many electric motor and generator designs today,” Tim […]

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Industry News

Sometimes there’s just too much going on. If ‘Mergers & Acquisitions’ were a weekly edition, all of us would die of boredom. However, when important companies make decisions, money moves around, and new ideas come on the market, it can’t be left alone. That’s why the ‘Industry News’ block saves the day every month or […]

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Mergers & Awards

Shermco, AWEA, Allied Reliability, T.F. Hudgins… Shermco wins AWEA award. At the AWEA Operations, Maintenance and Safety Conference, held February 27 through March 2 in San Diego, Shermco Industries was among the recipients AWEA’s Gold Safety and Health Achievement Award. Included was ‘Silver Recognition’ which is based on 3 years of exemplary OSHA reported safety statistics.  Shermco’s […]

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A Strong Donation

AFT donates $10,000 to WaterAid Armstrong Fluid Technology announced March 14, 2017 that its employees have donated $10,000 to WaterAid, an international charity dedicated to providing access to safe water, hygiene and sanitation worldwide. The Canadian government added another $30,000 in matching funds to bring the total donation to $40,000. The donations were raised as […]

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ABB: A Bad Break

ABB uncovers criminal activity in its South Korea subsidiary ABB has uncovered a “sophisticated criminal scheme”, related to a significant embezzlement and misappropriation of funds in its South Korean subsidiary ABB Korea, the company reported February 22. The amount is estimated to be around 100 million dollars. The man responsible for the scheme is reportedly Oh […]

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The Bright Side

Have you heard the good news?! A few words you won’t find in this article: fraud, embezzlement, layoffs, disaster. Cruisin’ with Armstrong. Armstrong Fluid Technology announced the winners from its Cruisin’ with Armstrong promotion from Toronto on March 6th. The winners of brand new Harley Davidson Sportster motorcycles from the promotion were a plumbing contractor and a counter sales […]

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Crumbling Pillars

Government report in NYT calls tax fraud ‘deliberate’ A week after federal law enforcement raided its Peoria, Ill., headquarters, the scope of Caterpillar’s alleged fraudulent tax practices is becoming clearer. A Dartmouth professor commissioned by a yet-to-be specified government organization to investigate the company’s actions labeled them ‘deliberate’, saying it intentionally manipulated its bookkeeping and accounting records to keep a […]

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Factory Check

U.S. factory orders rise for 2nd straight month Thus far, things are looking up for U.S. factories in 2017. New orders for U.S.-made goods increased for a second straight month in January, suggesting the recovery of the manufacturing sector was gaining momentum as rising prices for commodities spur demand for machinery. Factory goods orders rose 1.2 percent, […]

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Breaking – Feds search Caterpillar

Stock sinks, questions bubble up Federal law enforcement officers entered three Peoria Caterpillar facilities this morning and executed a search warrant, according to multiple news reports. The activity was confirmed by a statement from the company, which did not identify the search’s purpose or the name of the agency conducting it. According to an article by Chris Kaergard, political […]

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Big Name Round-up

News from Toshiba, Siemens, ABB, Schneider, and more… Names familiar to EA readers have caught headlines recently, for a multitude of reasons. Here’s a summation of recent activity that includes some of the more recognizable names in the industry. ABB inks offshore project with Statoil off Norway. The company has signed a “project specific agreement” for the […]

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