New Energy Tax Incentive Available January 1, 2006; Coalition Website to Provide Array of Related Information
The Commercial Building Tax Deduction Coalition, convened by NEMA, has set up a website to provide information and guidance on how the new tax incentive contained in the Energy Policy Act of 2005 works.
The website promotes the provision’s proper implementation and use, and keeps the community informed about the activities of the coalition. More...
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Contracts | Mergers & Acquisitions | Personnel | Awards

Contracts
Russian Cancer Center to Initiate Advanced Treatments with Varian Medical
Systems Equipment
Samara Oncology Center in Russia is moving to initiate advanced cancer
treatment programs, including image-guided radiation therapy, using new
equipment ordered from Varian Medical Systems. 12/30/05
St.
Vincent’s Medical Center Upgrades to Next-Generation IDX Carecast
IDX Systems Corporation has signed an agreement with St. Vincent’s Medical
Center to upgrade to the IDX Carecast enterprise clinical system. 12/27/05
Daktronics Technology to Illuminate the NCAA College World Series at
Rosenblatt Stadium
Daktronics, Inc., will design and manufacture an integrated scoring and
video system for Rosenblatt Stadium in Omaha, Nebraska, the long-time home
of the College World Series. 12/27/05
Siemens Building Technologies Receives $50 Million Order for Security and
Communications Systems
Pacific Texas Pipeline and Transportation Company has awarded Siemens
Building Technologies a contract to design and build the security and
communications systems for the first construction phase of the Pacific Texas
Products Pipeline, which will move gasoline, diesel, and jet fuel from El
Paso, Texas, to Phoenix. 12/21/05
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Mergers & Acquisitions
Dresser-Rand Acquires Aker Kvaerner's Interest in Multiphase Power and
Processing Technologies
Dresser-Rand Company has acquired Aker Kvaerner's 50 percent interest in
Multiphase Power and Processing Technologies. Dresser-Rand now owns 100
percent interest in the venture. 1/03/06
General Cable Completes Silec Acquisition
General Cable Corporation, a leading global supplier of wire and cable
products for the energy, specialty, industrial, and communications markets,
has completed its acquisition of the Silec energy cable business of SAFRAN
SA. 1/03/06
Texas
Instruments to Acquire Chipcon
Texas Instruments will acquire Chipcon, a leading company in the design of
short-range, low-power wireless radio frequency transceiver devices.
12/22/05
Power
Measurement to Operate Under the Schneider Electric Name
Power Measurement, acquired by Schneider Electric in 2005, will operate as a
global power monitoring and control group under the Schneider Electric name.
12/21/05
Honeywell Offers to Acquire First Technology for $555 Million
Honeywell reached an agreement with the board of directors of First
Technology plc on the terms of a recommended all-cash offer for the entire
issued ordinary share capital of First Technology. 12/20/05
IDX
Systems Corporation Shareholders Approve Merger with GE
IDX Systems Corporation has announced that its shareholders have approved
the proposed merger with General Electric Company. 12/20/05
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Personnel
Welch
Allyn President and CEO Announces Leadership Transition
Welch Allyn President and Chief Executive Officer Peter H. Soderberg has
announced a leadership transition at the global manufacturer of frontline
medical products and solutions, saying that he will be stepping down on
March 5, 2006. 12/30/05
Graftech Announces Change in Principal Officers
Corrado F. DeGasperis recently resigned as vice president, chief financial
officer, and chief information officer of GrafTech International Ltd.
12/20/05
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Awards
Blackwell Named One of 77 "Women Worth Watching"
Jean Blackwell, executive vice president and chief financial officer
of Cummins Inc., has been named one of 77 “Women Worth Watching” by Profiles
in Diversity Journal, a bi-monthly magazine that focuses on diversity in
business, government, non-profit, higher education, and military settings.
12/29/05
DuPont
Employee Recognized as 2005 Black Achiever
Glenda Brewington of DuPont Finance was recently recognized as a 2005 Black
Achiever during the 17th Annual Black Achievers in Business and Industry
Awards program ceremony. 12/28/05
Lutron
Electronics Receives 2005 Innovation Award
Home Builder Executive newsletter has awarded Lutron Electronics
first place in the whole-home lighting controls category of its 2005
Innovation Awards. 12/23/05
Iteris
Receives Yankee Cup Award at the 2005 Boston Auto Show
Iteris Inc., a leader in the development of vision-based technology that
enhances driver safety, recently received the Yankee Cup Award at a ceremony
held at the 2005 Boston Auto Show for its Lane Departure Warning technology.
12/23/05
Philips Medical Ranks No. 1 for Seventh Straight Year in Patient Monitoring
Customers ranked Philips Medical Systems number one in overall service
performance and number one in overall manufacturer satisfaction in the 2005
IMV ServiceTrak Patient Monitoring Systems survey for the seventh
consecutive year. 12/19/05
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NEMA’s
EBCI Declines for Third Straight Month
NEMA’s Electroindustry Business Confidence Index for current North American
conditions dropped to 58.3 points in December from 65.4 a month ago.
12/23/05
NEMA
Says House-passed Imaging Cuts will Harm Patients; Calls for Senate to
Reject Cuts
Reductions in Medicare reimbursement for medical imaging that were included
in the U.S. House budget reconciliation legislation passed recently pose a
serious threat to patient access. NEMA called for the Senate to reject the
imaging cuts. 12/20/05
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NEMA
Releases First Revision of Magnet Wire Standard
NEMA has published MW 1000-2003, Revision 1, 2005, Magnet Wire, the
first revision of this publication, which was reformatted in 2003. 12/27/05
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