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Sulzer Activity

Swiss company moves headquarters to UK, makes acquisition Electromechanical service company Sulzer has set up new headquarters in Hungerford (UK) as of this week. The company also announced in a press release Wednesday that it acquired a pharmaceutical delivery company. Sulzer signed a binding agreement to acquire Simcro. Simcro is the market leader for pharmaceutical […]

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Worth the Price

Ametek adds Mocon for $182 million Ametek, Inc. has added a diverse, but potentially pivotal, business to its portfolio in Mocon…and the $4 billion electromechanical devices conglomerate felt a heightened bid was worth the price for it. Founded in 1963, Minneapolis-based Mocon makes laboratory and field gas analysis instruments for research laboratories, production facilities and quality […]

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Entrepreneurs Give Back

Rommel Electric owner donates $5.5 million Owner David Rommel of Rommel Electric Co., based in Eden, Maryland, has achieved quite a lot since taking the reins from his father in 1976. He now owns engineering and construction companies with his surname, not to mention a Harley-Davidson outfit and a string of ACE hardware stores. Hence, […]

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Bosch Sells Unit

Bosch sells motors and generators unit to China; announces earnings Speculation and rumor. They even permeate the world of motors and generators…at least when it comes to multi-million dollar business deals. Just over a month ago, Motherson Sumi’s billionaire owner Vivek Chaand Sehgal hinted during an interview that he was considering a purchase of Bosch’s motors […]

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Conflicting NRGs

Company’s shake-up and identity crisis  Barry Smitherman, one of two newly appointed directors at NRG Energy, has called climate change “a hoax” in the past. He’s now in position to make major decisions for a company with significant renewable energy investments on hand. So goes the ideological crossroads facing the second largest power company in the […]

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Renew Now!

This week’s news from the renewable energy world Houghton secures coal-to-biomass contract. Houghton International has secured a three-year motor maintenance and repair contract at Lynemouth power station in England. The plant in Northumberland is currently being converted from coal to biomass. On completion, it is expected to generate 420 MW of renewable energy. Houghton will be responsible for […]

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Flanders: Expanders

Company takes over a Canadian ABB facility In northern Alberta, a phoenix rises from the ashes. Almost a full year after lethal wildfires ravaged the Fort McMurray, Alberta service area—a municipality based on the rich oil sands located there—at least one company is targeting revival through its own expansion. Flanders, the Evansville, Ind.-based company which offers a range […]

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Another Round? No Thanks

Leroy-Somer layoffs in Tennessee Another round? No, thank you, I’ve had enough. In a working-class Utopia, corporate structure would resemble a bartender-patron relationship. In reality, employees don’t get a choice. Here’s the latest chapter in a series of unfortunate layoffs in America: from a Leroy-Somer plant in Lexington, Tennessee. 63 employees in Lexington are expected to […]

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Toshiba Realignment

Four divisions: Infrastructure, Energy, Electronics, Information/Communications Toshiba is splitting its corporation into four subdivisions, the company announced Monday. The decision follows Toshiba’s nuclear division—Westinghouse—filing for bankruptcy March 29. The four subsidiaries will be infrastructure, including water treatment and railways; energy, including thermal and nuclear power; electronics, including data storage; and information and communications. These will take effect in July, […]

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Roberts Expands

Longtime Maryland motor shop opens second location Roberts Electric Motors, a Frederick, Md.-based business, has expanded, adding a second location in Boonsboro, Md, about 30 minutes up the road. The company will now have two centrally-located Maryland locations that can serve an area spanning from southern Pennsylvania to northeastern Virginia, as well as Washington, D.C. and Baltimore […]

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