24 April 2008
Web exclusive: April Industry Newz, 2nd edition
ABB won a multi million order from Rosemont Copper Company to supply three 16.4MW gearless mill drive systems for Rosemont's new copper mine near Tuscon, Ariz.
ABB's first-quarter net income reached $1 billion, an increase of 87% compared to the same quarter in 2007. Earnings before interest and taxes reached a record $1.4 billion, up 65% from a year earlier. ABB secured five orders in the first quarter 2008, totaling some $25 million, to install flexible AC transmission systems for steel plants located in Australia, Egypt, the Republic of Korea, Russia, and Turkey.
AirSprite Technologies, a developer of standards-compliant wireless sensor infrastructure systems for industrial process automation, is participating as a founding member of the ISA100 Compliance Institute. The Institute's mission is to facilitate the creation and deployment of standards-based industrial wireless devices through a collaborative compliance program.
AMETEK, Inc. acquired Reading Alloys, a privately held, niche specialty metals producer, including titanium master alloys and highly engineered metal powders used in the aerospace, medical implant, military, and electronics markets.
Honeywell signed a three-year, $4.2 million agreement to implement advanced process controls S-OIL Corporation's Onsan refinery. The agreement includes Profit SuiteÔ, Honeywell's main APC solution, as well as engineering services for major units of the refinery complex to help optimize operations and improve business results.
Invensys Process Systems inaugurated a gas production operations center at Reynosa City, Tamaulipas State, northeast of Mexico. The facility is part of an Invensys initiative to consolidate a Center of Excellence for upstream oil and gas in Mexico to help its customer Petróleos Mexicanos improve asset utilization and availability in its facilities there.
Inverness Graham Investments acquired an interest in B&B Electronics Manufacturing Company, an Ottowa, Ill.-based engineering and manufacturing company that produces devices to network machines in rigorous industrial and commercial environments.
PAS, a global supplier of software and engineering services to the processing industries, and the Electric Power Research Institute, a collaborative research organization, released a new guideline for alarm management for power generators, detailing the current state of alarm management and annunciator applications, and introducing guiding principles and suggested best practices for improving alarm management systems within power generation plants.
Rowland & Grubic, Inc., a Harrisburg, Pa.-based engineering firm serving the mid-Atlantic region, acquired Alliance Environmental Services, Inc., an environmental consulting firm providing services for business and industry, financial institutions, and legal counsel.
The Siemens Energy Sector will build a combined cycle power plant in Wales for Severn Power Ltd., a subsidiary of Welsh Power. The power plant with an installed capacity of 850 megawatts will attain an efficiency of 58%. Construction work has already commenced and is scheduled to be completed in 2010.
Germany-based tecsis GmbH acquired the assets of Delta Metrics Inc. in Worthington, Ohio. A new U.S. company, tecsis Corporation, has formed but will retain the Delta Metrics brand name.
Yokogawa Electric Corporation selected the Tofino industrial security solution as the first industrial firewall. Jointly developed and marketed by MTL Instruments (a part of Cooper Crouse-Hinds) and Byres Security Inc., the industrially-hardened security appliances are designed specifically for industrial control operations in critical industries such as oil and gas, manufacturing, utilities, and power generation.