A Day at the Market

New market analysis shows changing landscape A new report was released by HTF Market Intelligence this Monday, showing the current market shares held by major electrical apparatus companies and predicting future growth. The research covers the current market size of the global electrical apparatus market and its growth rates based on five-year history data along with company […]

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Power Move

ABB buys GE’s industrial solutions unit for $2.6 billion Swiss power firm ABB said it will buy General Electric’s industrial solutions unit for $2.6 billion, the companies announced Monday. For ABB, the acquisition targets a number one spot in the electrification market, where it currently competes with Schneider in utilities equipment services and power grid […]

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He’s Heating Up

Generator wins Edison Award Ideally, a campout would include all parties turning off all electronics and going off the grid for the weekend to be one with nature. That’s a stretch in today’s world—try having a camping trip without someone checking their phone. With that in mind, it’s no wonder this next product won a popular award. […]

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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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Forbes’ list of global companies includes familiar industry names

Forbes Magazine has published an updated list of the world’s largest public corporations compiled from recent May data. Of the 1,999 companies list some familiar names from the electromechanical, energy, and electronics aftermarket can be found. The data shows General Electric as the fourth largest public company while the Sulzer Group (a Swiss consulting firm […]

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