Commercial Building Tax Deduction Coalition
NEMA
recently convened a coalition of organizations interested in educating the
community about the commercial buildings tax deduction provision of the
Energy Policy Act of 2005 and promoting its proper implementation and use.
At the most
recent meeting, NEMA President Evan Gaddis told representatives of nearly
40 organizations that the provision, which mandates tax incentives for
achieving national energy efficient goals, "is a win for everyone. We’re
going to do our level best to promote this program, encourage builders,
architects, manufacturers, and others to take advantage of it, and work
with government toward speedy, effective implementation of the law." More..
Related Press Release: Broad Coalition Plans Response to Rules of Energy Efficient Building Tax Incentives
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Contracts | Mergers & Acquisitions | Personnel | Awards
Contracts
Invensys Selected for SCADA System on China's Longest Crude Oil
Pipeline
Invensys Process Systems has been selected to provide advanced supervisory control and data acquisition for the Yanjiang Oil Pipeline in China. 11/3/05
ABB
Wins $27 Million Power Contract in Bahrain
ABB has won a $27 million turnkey order for indoor
substations. 11/1/05
Iteris
Secures Two Major Awards for Vantage Video Detection Systems in Canada
Iteris Inc., and its regional distributor, Interprovincial Traffic Services Ltd.,
were recently awarded two significant orders for Vantage Video Detection
Systems in Western Canada. 10/31/05
Honeywell Signs $20 Million Service Agreement with Hungarian Company
Honeywell has been awarded a $20 million, five-year agreement from a subsidiary of MOL Hungarian Oil and Gas
Company to provide after-market services across
MOL's four refinery and petrochemical sites in Hungary and the Slovak
Republic. 10/27/05
Saft
Wins Order for Innovative Hybrid Tram Batteries for the City of Nice
Saft has won a $2 million euro order from Alstom to supply nickel-metal hydride integrated traction battery systems for its CITADIS trams
currently under construction for the city of Nice. 10/25/05
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Mergers & Acquisitions
Siemens to Acquire Bewator
Siemens has signed an agreement to acquire Bewator from the Swedish private
equity group EQT. 11/4/05
Schneider Electric Aquires Crydom-brand Assets
Schneider Electric has acquired U.S.-based Silicon Power
Corporation’s solid state relay assets, sold under the Crydom brand name,
for $71 million. 11/4/05
Emerson Network Power Acquires Cooligy
Emerson Network Power has completed the acquisition of Mountain
View, California-based Cooligy, Inc., a developer and manufacturer of active
cooling technology for microprocessors and other heat-generating components.
10/28/05
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Personnel
ANSI
Names S. Joe Bhatia President and CEO
S. Joe Bhatia has been appointed as the new president and chief executive
officer of the American National Standards Institute, a private
non-profit organization that administers and coordinates the U.S. voluntary
standardization and conformity assessment system. 11/3/05
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Awards
Panasonic Wins Recycling Award from New Jersey Department of Environmental
Protection
The New Jersey Department of Environmental Protection recently recognized
Panasonic Corporation of North America, whose headquarters are in Secaucus,
New Jersey, with an award for the company’s outstanding achievement in
recycling. 11/2/05
Johnson Controls, VA Medical Centers Win Federal Award
The U.S. Department of Veteran Affairs Medical Centers in the Midwest will
be honored with a 2005 Federal Energy and Water Management Award for an
innovative energy program in which Johnson Controls, Inc., guaranteed
savings of $26 million. 10/31/05
GE
Healthcare Receives Frost & Sullivan Award for Technology Leadership
Frost & Sullivan recently named GE Healthcare as the recipient of the 2005
Award for Technology Leadership for excelling in all stages of the
technology life cycle, clear industry leadership, and continuous product
innovations. 10/27/05
Schneider Electric Receives Best of European Business Award
Schneider Electric recently received the grand prize for the Best of European
Business Award 2005. 10/26/05
Federal-Mogul Receives Best Supplier Award from Iveco
Federal-Mogul Corporation has received Iveco's Best Supplier Award for
superior performance in 2005. 10/25/05
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IDEA
Contracts NEMA/BIS to Help Develop Benchmark Pricing
Industry Data Exchange Association, an industry-owned e-commerce service
provider, has announced a joint effort with the Business Information
Services division of NEMA to develop benchmark pricing for certain
electrical supplies commonly referred to as commodity products. 11/2/05
NEMA's
October EBCI Still Positive, but Future Confidence Weakens
NEMA’s Electroindustry Business Confidence Index for current conditions in
North America retreated in October from the previous month’s near-record
high, but remained strongly positive at 71.7 points. 10/27/05
IDEA
Contracts ByteManagers for Data Sourcing Program
Industry Data Exchange Association announced a joint effort with
ByteManagers, Inc., to expand their data sourcing program with
electrical manufacturers. 10/26/05
NEMA
Applauds Launch of American Business Coalition for Doha
NEMA applauds the launch of the American Business Coalition for Doha (ABCDoha)
to support the current round of World Trade Organization negotiations.
10/25/05
NEMA
Offers Water-Damaged Electrical Equipment Safety Information to Areas Struck
by Hurricane Wilma
In response to electrical hazards posed in the aftermath of Hurricane Wilma,
NEMA is offering free access to its brochure, Guidelines for Handling
Water Damaged Electrical Equipment. 10/24/05
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NEMA
Revises Standard For Measuring Distribution Transformer Loss
NEMA has published TP 2-2005, Standard Test Method for Measuring the
Energy Consumption of Distribution Transformers, to provide a
standardized method for measurement of distribution transformer loss to
achieve energy efficiency levels outlined in NEMA publication TP 1. 10/27/05
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Square
D Deploys Restoration Teams Helping Rebuild Gulf Coast
In an effort to expedite rebuilding efforts in hurricane-damaged areas, the
Schneider Electric North American Operating Division, best known in the
United States by its Square D brand of electrical distribution and control
equipment, has deployed service restoration teams to the affected regions.
10/31/05
School
Devastated by Katrina to Re-open Thanks to Donation from ABB
During Hurricane Katrina, St.Clare Elementary School in Waveland,
Mississippi, was flattened to its foundation. Classes were cancelled
indefinitely, but the school recently received from ABB 18 completely
assembled circuit breaker panels, which are critical to get the air
conditioning, heating, and lighting systems functioning properly. 10/24/05
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Rockwell Automation Establishes Asia-Pacific Business Center in Singapore
Rockwell Automation will establish a business center in Singapore,
consisting of select business management, engineering, and manufacturing
operations. 11/1/05
Lithonia Lighting Pledges $250,000 to NAED Education & Research Foundation
The National Association of Electrical Distributors has announced a $250,000
commitment by Lithonia Lighting, an Acuity Brands Company, to the NAED
Education & Research Foundation. 10/28/05
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Industry News
