Tag Archives: Siemens

Siemens Activity

German giant has an especially active week Last week saw major maneuvering from companies such as ABB and General Electric, two giants who serve manufacturers and tech industries alike. Perhaps that has made others inclined to follow suit. Siemens has had an especially active week. The German engineering conglomerate most recently turned heads early Thursday […]

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Atlanta Supply Auction

USESCO (ATL) closing after 30 years, auctions supplies Atlanta-based electrical wholesaler U.S. Electrical Supply is closing its doors after more than 30 years and will be selling its remaining inventory in an auction, the date of which has been pushed back due to hurricane-related weather in the southeast. The original two-day auction was set for September […]

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Sie Change

Siemens begins two major ventures for the future Siemens’ CEO Joe Kaeser announced in the fall of 2016 that the company would harbor a cautious approach in the coming year. So much for that. While Kaeser was mainly referring to mergers and acquisitions, its now clear he was playing a strategic hand of sorts. A […]

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Pull Up a Chair

Former Siemens CEO will head up board at utilities efficiency company Eric Spiegel, the former Siemens CEO and noted STEM program supporter, has been appointed the new chair of Clearesult’s board of directors. The Austin, Tex.-based energy efficiency company, which works closely with utilities, announced the appointment in a press release Tuesday. Spiegel has an […]

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Brighten Your Monday

Innovation Day USA offers an array of productive distractions Spring has sprung, and that means a few things. The weather may not get any more rational, but it should at least get warmer, overall. A number of conventions are upon us. And the season of renewal acts as a symbol for the release of innovations. […]

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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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Movers and Shakers

Catching up with industry movements large and small Schaeffler AG acquires Compact Dynamics. On December 20th, Schaeffler AG, of Herzogenaurach, Germany, acquired electric motor manufacturer Compact Dynamics GmbH (seller: Semikron International GmbH). The acquisition is of 51 percent of the shares of Compact Dynamics GmbH, a manufacturer of high-performance electric motors. The transaction is envisaged to be […]

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The Kaiser and the Duke

Siemens teams up with Duke Energy in wind power partnership Siemens looks to strengthen its foothold on the North American wind power sector with a recent partnership. The German-based industrial conglomerate announced an upcoming partnership with Charlotte, NC-based Duke Energy on November 3rd. The team effort will offer repairs to North American turbine fleets of all […]

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Exercising Caution

Siemens’ CEO says company will approach 2017 carefully Siemens’ CEO has said the company will take a cautious approach to its deals in the upcoming calendar year. Although it is unclear yet what effects this could have on the industrial electric motor market, the open statement reflects a larger trend, and the company has such a […]

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Ripple Effect

Delta now says shutdown was caused by failed switchgear Delta Airlines’ day of chaos three weeks ago was bad for everyone involved: passengers, flight attendants, Delta corporate members, TSA officials, the National Security department…probably even a few German shepherds. But what caused the massive outage that led to 72 hours worth of cancellations and delays? Delta […]

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