Wajax Income Fund announced that it has received approval from the Competition Bureau to proceed with its previously announced agreement to acquire the assets of Weir Process Equipment, a division of Weir Canada Inc. for $25.4 million, subject to post-closing adjustments. The transaction closed today.
Wajax is a diversified income fund that has three core [...]
Wajax Income Fund announced that its Industrial Components business unit, Kinecor, has agreed to acquire the assets of Weir Process Equipment, a division of Weir Canada Inc. for $25.4 million, subject to post-closing adjustments. The transaction is conditional on approval by the federal Competition Bureau. Closing will occur following receipt of approval which is expected [...]
Invensys Process Systems (IPS), a global technology, software and consulting firm, today announced that it has been named the winner of the 2008 Frost & Sullivan Asia Pacific Industrial Technologies Award for Asia Pacific Safety Systems Company of the Year.
The annual award recognizes outstanding performances by companies in the electronics, industrial automation, process control, energy [...]
Caterpillar Inc. announces the introduction of a new G3516C 50 Hz high-efficiency natural gas generator set available now with optional air and fuel system controls specifically designed for island mode applications.
The G3516C 50 Hz generator set equipped with the island mode control system generates power independently from the power grid with a high-efficiency, natural gas-fueled [...]
Florida Governor Charlie Crist and Jeff Lyash, president and chief executive officer of Progress Energy Florida, unveiled plans for Sustainable Electrical Energy Delivery Systems (SEEDS), an innovative renewable energy technology that will be evaluated at two sites in St. Petersburg. The sites will serve as research hubs for unique technology that could be used [...]
Shares of solar power companies rose after German lawmakers reached a tentative agreement on a smaller reduction in state subsidies to solar companies than some investors feared.
Lawmakers agreed to cut the nation’s so-called feed-in tariff by 8 percent in 2009 and 2010, and 9 percent for each subsequent year. The law requires utilities to buy [...]
