First two-wire electronic switch helping operators upgrade legacy infrastructure
WATERTOWN, Mass.--(BUSINESS WIRE)--#digitization--United Electric Controls, a leading provider of safety, alarm, and shutdown technology, today introduced ExcelaTM, a general-purpose electronic switch designed to meet the needs of plant operators. The solution removes the maintenance burden of traditional switches and provides operational insights helping organizations accelerate the transition to smart industry.
As plants grapple with the complexity and cost of upgrading aging infrastructure, they can now easily upgrade legacy mechanical switches by integrating the Excela. The electronic device offers precise control and improved reliability and is available in three different models: pressure, differential pressure, and temperature. In addition, the switch is designed for tough operational environments, including mining, water and wastewater, power, and sugar processing.
Key features include:
Quotes and commentary:
“Reducing the maintenance burden is a vital component in the march towards digitalization. Our innovative switch provides a practical solution, enabling organizations to benefit from enhanced automation and insights into performance without having to invest in the additional infrastructure necessary for transmitters.”
David Wilbur, General Manager & Chief Technology Officer, United Electric Controls
Additional resources:
About United Electric Controls:
United Electric Controls is a privately held corporation founded in 1931 and headquartered in Watertown, Massachusetts. It is a global supplier of toxic and combustible WirelessHART gas detectors, electronic switches, pressure and temperature switches, transmitters, sensors and controls for the process, discrete, semiconductor, aerospace and defense industries. Focused on protecting equipment, processes, personnel and the environment, its products are critical for safety, alarm and emergency shutdown functions produced from innovative design and superior lean manufacturing. Learn more here.
Claire Rowberry, +1 617-785-5571
This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBLIN--(BUSINESS WIRE)--The "Global Renewable Energy Subscription" report from Wintergreen Research, Inc has been added to ResearchAndMarkets.com's offering.
The two gating factors that will enable broad adoption of renewable energy are:
1. Corporate adoption of utility-scale storage systems.
2. People become active in making the companies they work for and the communities in which they live implement utility-scale energy storage.
The subscription allows access to all existing studies and new studies for 18 months. Examining all aspects of renewable energy can be done with customized power points that elucidate the moving market targets: as the world moves to 100% renewables.
Talk about disruptive technology, the renewable storage enables eliminating carbon emissions from coal, oil and gas plants. These industries will quickly tank and the nimble market participants will become major players in the utility-scale storage supply and distribution.
Vehicles become powered by battery, solar and wind farms are put in place in remote locations and the financial markets move to support electricity storage at utility-scale and energy distribution much as it happens now, across large distances.
Renewable energy systems at scale have become assets, they are bankable, the financial markets can support them, this represents a major market shift.
Batteries are changing in response to the implementation of wind and solar renewable energy systems. Lithium-Ion batteries represent the state of the art now. Solid-state batteries represent the next generation of power storage for vehicles. Nanotechnology permits units to be miniaturized, standalone, and portable. Utility-scale lithium flow batteries have been developed to offer utility-scale advantages. Advantages are evident in power and density: low-power draw and high-energy-density.
They have limitations that are still being addressed by vendors. But they are good enough to be installed and to be bankable. Projects using utility-scale storage can be financed.
The study documents companies whose employees have made an effort to get that company to 100% renewable or headed in that direction. This provides a model for how the market could evolve. According to the principal author of the study, it will take $70 trillion to take the world to 100% renewable.
Key Topics:
Major Studies:
Shorter Presentations:
Key Topics Covered:
1. Global Warming: Need 100% Renewable Energy
2. Global Energy: Market Description and Market Dynamics
3. 100% Renewable Global Energy Market Shares and Forecasts 19.
4. Global Renewable Energy Product Description
5. Global Energy Research and Technology
6. Energy Storage Platforms Company Profiles
7. Concentrating Solar CSP
8. Corporate Initiatives for Renewable Energy
9. Renewable Energy Investors, Foundations, and Associations
10. Renewable Energy Regional Analysis
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/tv9ei2
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Association for Advancing Automation (A3) stats reveal second-largest quarter ever for non-automotive sales, with COVID accelerating ongoing trends
ANN ARBOR, Mich.--(BUSINESS WIRE)--#A3--Robot orders in the first quarter of 2021 were up 20% over the same period in 2020, with substantial increases in purchases coming from companies in metals (up 86%), life sciences/pharmaceutical/biomed (up 72%), food & consumer goods (up 32%), and other non-automotive industries (12%). According to industry stats announced today by the Association for Advancing Automation (A3), North American companies purchased 9,098 units valued at $466 million in Q1, with non-automotive companies purchasing 28% more robots over Q1 2020 and automotive OEMs and component suppliers combined seeing a 12% increase year-over-year.
The strong Q1 for robot orders was the second-best start to any year on record (2017) and the second-best quarter on record for non-automotive orders, behind Q4 of 2020. Q4 2020 was also the second-best quarter ever for North America robot sales with a 64% increase over Q4 2019. In 2020 overall, for the first time, yearly orders of robots from non-automotive sectors surpassed automotive robot orders, as sales of robotic units in North America increased 4% in 2020 from 2019.
“Robot sales have increased considerably as more and more companies in every industry recognize that robotics and automation can help them compete globally,” said Jeff Burnstein, president of A3. “While advances in robot technology, ease of use, and new applications remain key drivers in robot adoption, worker shortages in manufacturing, warehousing, and other industries are a significant factor in the current expansion of robot use that we’re now seeing. COVID didn’t create the move toward automation, but certainly has accelerated trends that already were underway.”
While robotic purchases from automotive manufacturers can be highly cyclical, the increase from non-automotive companies, especially in metals, life sciences, and food and consumer goods, shows a promising outlook for the growth of the robotics and automation industry overall.
“We expect increasing demand for robotics and automation to continue in North America and throughout the world after the pandemic has ended,” Burnstein added. “We also expect that the increased use of automation will help companies be better prepared to face any future pandemics.”
About Association for Advancing Automation (A3)
The Association for Advancing Automation (A3) is the global advocate for the benefits of automating. Members of A3 represent over 1,100 automation manufacturers, component suppliers, system integrators, end users, research groups and consulting firms from throughout the world that drive automation forward. A3 hosts a number of industry-leading events, including Vision Week (June 8-10, 2021 virtual), A3 Business Forum (January 31-February 2, 2022, in Orlando, FL), the Automate Show & Conference (June 6-9, 2022, in Detroit, MI), and The Vision Show(October 11-13, 2022).
Jackie Rose
Association for Advancing Automation
(734) 929-3264
This email address is being protected from spambots. You need JavaScript enabled to view it.
Media
Kelly Wanlass
HCI Marketing and Communications, Inc.
(801) 602-4723
This email address is being protected from spambots. You need JavaScript enabled to view it.
With LS Power’s backing, Endurant will strengthen its leadership position in sustainable distributed energy
NEW YORK & CHICAGO--(BUSINESS WIRE)--LS Power, a U.S. power and energy infrastructure owner, today announced the completed acquisition of distributed energy infrastructure solutions provider GI Energy, which will henceforth be rebranded as “Endurant Energy” (Endurant).
LS Power’s ownership support and rebranding efforts position Endurant for accelerated growth as a market-leading distributed energy solutions developer, owner, and operator.
Endurant is a full-service provider of cost-effective, resilient and sustainable energy solutions. It serves a wide range of sectors including education, commercial, industrial, real estate, healthcare, hospitality and public utilities. The new Endurant brand reflects the company’s suite of innovative full-service clean energy solutions, including microgrids, battery energy storage systems, and integrated eco-districts. The company’s impressive portfolio of projects ranges from single-technology energy retrofits of historic landmarks to large-scale microgrids integrated with resource management and smart-city infrastructure.
“We are excited to partner with the Endurant team to execute upon their vision of delivering optimal energy infrastructure solutions, harnessing the best available technologies. We look forward to further propelling Endurant’s growth as a national leader in the distributed energy space and are committed to building on the company’s past successes,” said Paul Segal, CEO of LS Power. “As we decarbonize our energy system and rely more heavily on electricity, the value of reliability and resilience is increasing. Endurant can be a part of the solution and is an excellent addition to the LS Power family of companies, further demonstrating our long-standing commitment to innovation and investment in clean energy solutions.”
“As a leading player in the distributed energy resources market, Endurant has created significant value for our clients through our ongoing focus on innovation and unique ability to integrate multiple technologies,” said Tom Chadwick, CEO of Endurant. “The energy industry is capital intensive and complex. With the strategic advantages LS Power brings us, we can realize our vision to be fully integrated, building our portfolio of distributed energy assets, and providing project financing solutions for our customers and partners. This will position us well for the enormous market opportunity being created by the energy transition. We extend our gratitude to our customers and partners for their continued support as we enter the next phase of our growth with LS Power.”
Today’s announcement underscores LS Power’s focus on investments that leverage its considerable power-market expertise in developing and commercializing leading-edge clean energy solutions. As an established infrastructure manager with over 30 years of experience, LS Power intends to invest a substantial amount of additional capital to advance Endurant’s offering of fully-funded energy solutions. Endurant, as well as LS Power’s other industry-leading distributed energy resource companies, including CPower Energy Management and EVgo, are actively driving the acceleration of the nation’s transition to clean energy and a lower carbon future.
Endurant has been at the forefront of innovative and sustainable energy solutions, having designed and built marquee distributed clean energy projects across the country. These include its New York City portfolio of battery energy storage systems for Con Edison as part of New York State’s Reforming the Energy Vision initiative; the first fuel cell microgrid system in Connecticut; and Walgreens’ first net-zero carbon store, in Evanston, Illinois. In addition, Endurant is advancing a development portfolio of ground-breaking eco-district projects in California.
Endurant will continue to benefit from its seasoned executive team, led by CEO Tom Chadwick, and its 25 existing employees. Additionally, plans are already underway to expand the organization significantly to accelerate its growth and execute its vision of becoming North America’s go-to provider of sustainable distributed energy solutions.
Endurant is headquartered in Chicago, with offices in New York City as well as Anaheim and West Hollywood, California.
About Endurant Energy:
Endurant Energy develops and owns reliable, resilient, clean and cost-effective on-site energy infrastructure solutions across the US. It has expertise in a wide range of solutions including renewable thermal systems at single building or district scale, fuel-based technologies for resiliency, solar + storage solutions and an integrated offering for eco-districts. Services include planning, financial structuring, design and construction. Asset management services include operations and maintenance. By integrating solutions into clients' operations, Endurant is enabling the future of sustainable distributed energy. For more information, please visit endurant.com and follow us at @endurantenergy.
About LS Power:
LS Power is a development, investment and operating company focused on the North American power and energy infrastructure sector. Since its inception in 1990, in addition to its development of over 660 miles of high voltage transmission, LS Power has developed, constructed, managed or acquired more than 45,000 MW of power generation, including utility-scale solar, wind, hydro, natural gas-fired and battery energy storage projects. Additionally, LS Power actively invests in businesses focused on renewable energy and fuels, as well as distributed energy resource platforms, such as CPower Energy Management, Endurant Energy and EVgo. Across its efforts, LS Power has raised in excess of $47 billion in debt and equity financing to support North American infrastructure. For more information, please visit www.LSPower.com and follow us at @lspowergroup.
Media
For LS Power:
Steven Arabia
Government Affairs and Media Relations
This email address is being protected from spambots. You need JavaScript enabled to view it.
For Endurant Energy:
Emma Walker
VP, Commercial Development
This email address is being protected from spambots. You need JavaScript enabled to view it.
BOSTON--(BUSINESS WIRE)--#HBHome--Schneider Electric, the leader in the digital transformation of energy management and automation, today announced a partnership with KB Home, one of the largest and most recognized homebuilders in the United States. Schneider Electric will provide grid-to-plug innovation in KB Home’s new Sundance at Park Circle community in Valley Center, California. These homes will incorporate the Square D™ Energy Center and connected Wiring Devices, which will offer greater levels of control, energy efficiency and resiliency for new homebuyers.
KB Home has long recognized the benefits of building energy efficient homes and was the first homebuilder to commit to make every home they build ENERGY STAR® certified, which can deliver energy savings that lowers the cost of homeownership and be better for the planet. As the most sustainable corporation in the world, and four-time ENERGY STAR® Partner of the Year, Schneider Electric shares those ideals, developing solutions focused on efficiency to meet the challenges facing homeowners, including rising energy costs, frequent power disruptions and an increasing need for residential energy. By partnering on homes in this community, homeowners will benefit from solutions designed to address these specific issues.
“Higher utility costs and intermittent power shut offs have become the reality for many California residents, significantly impacting their quality of life and that of their families,” said Richard Korthauer, Vice President, Home & Distribution, Schneider Electric. “From working and schooling from home to just managing their day-to-day activities, the demands for residential energy has never been higher. Together, we are helping KB Home meet this customer need with new innovations designed for today’s energy challenges, delivering safe, reliable and resilient power for homeowners.”
Award winning innovation for homebuyers
KB Home’s Sundance at Park Circle community will include award-winning innovation from two industry leaders. KB Home is the only national builder to have earned awards under all of EPA’s homebuilder programs, including ENERGY STAR, WaterSense, which establishes water efficiency standards, and Indoor airPLUS, which focuses on indoor air quality. Schneider Electric’s Square D™ Energy Center won the National Association of Home Builders (NAHB) 2020 Global Innovation Award for its ability to create a smarter, safer, more connected and more efficient home.
The Square D™ Energy Center seamlessly enables the convergence, scalability, and optimization of residential distributed energy resources, including utility power, solar power, energy storage, future smart home devices and generators. This solution empowers homeowners to take an active role in their home energy management, conveniently through the Wiser Energy app. Energy use can be monitored in real time, usage costs can be compared to utility rates for optimal savings and power sources can be easily changed to battery or generator backup sources ensuring resiliency. More than just a smart energy panel, this grid-to-plug solution also enhances safety with whole-home surge protection and custom alerts for potential issues, like when an oven has been left on unintentionally.
This community will also be the first to feature Square D™ X Series and XD Series wiring devices. This line of connected light switches, dimmers and outlets will not only automate the home’s lighting, but also allow discrete control of power at the plug level. With embedded sensors that monitor energy consumption, these devices complete the grid-to-plug solution offering greater insight into energy down to the device level, allowing homeowners to better optimize their energy use. These new devices raise the bar on aesthetics, safety and functionality, and are controllable from a smartphone or through Alexa and Google Home voice activation.
“The needs of our homebuyers have evolved in recent years, going beyond the smart home trends to focus on practical solutions that will make their homes safer, more comfortable, and more efficient,” said Dan Bridleman, KB Home’s Senior Vice President of Sustainability, Technology and Strategic Sourcing. “We are proud to be working with Schneider Electric to offer homeowners new solutions that are designed to seamlessly integrate innovative technology and convenient tools to help them take control of their home energy usage and create a more sustainable and resilient home.”
Sundance at Park Circle sales office and model homes are open for private in-person tours by appointment, and walk-in visits are welcome. Homebuyers also have the flexibility to arrange a live video tour with a sales counselor. For more information on KB Home, call 888-KB-HOMES or visit kbhome.com.
For more information on these grid-to-plug innovations, please visit https://www.se.com/us/en/home/offers/connected-home/.
About Schneider Electric
Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.
Our mission is to be your digital partner for Sustainability and Efficiency.
We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.
We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.
Discover Life Is On
Follow us on: Twitter Facebook LinkedIn YouTube Instagram Blog
Hashtags: #LifeIsOn #SmartHome #SquareD #HBHome
Schneider Electric Media Relations – Thomas Eck, Phone: 917-797-4974; This email address is being protected from spambots. You need JavaScript enabled to view it.
PR agency for Schneider Electric – LEWIS Communications; Phone: 774-826-5391; This email address is being protected from spambots. You need JavaScript enabled to view it.
LOWELL, Mass. & WESTON, Fla.--(BUSINESS WIRE)--#HCM--UKG (Ultimate Kronos Group), a leading global provider of HCM, payroll, HR service delivery, and workforce management solutions, announced today that EDP Renewables, a world leader in the renewable-energy sector and the world’s third-largest wind-energy producer, is using UKG Pro Workforce Continuity to establish safe working environments for its employees.
EDPR has used UKG Pro since 2015 for its business units in Canada, the United States, and Mexico. When the coronavirus pandemic began, in order to ensure compliance with U.S. Centers for Disease Control and Prevention (CDC) guidelines, EDPR used the document-acknowledgment functionality within Pro to track employees’ COVID-19 status and wellbeing. HR needed to manually set up a new document acknowledgement every day.
UKG developed Workforce Continuity at the outset of the pandemic to help leaders understand the impact to their workforce, so they could take action on their people strategy, workforce planning, and operational stability. EDPR became one of the first UKG customers to launch Pro Workforce Continuity, which is available to all Pro People Center customers.
“Our employees are spread all across North America, and we are committed to building genuine and trusting relationships with our people,” said Alma Fowler, HR manager at EDPR. “Whether we’re contending with a pandemic or hit by a big winter storm, we identified Workforce Continuity as a vital tool for tracking our people’s wellbeing and ability to work.”
“During the pandemic, business and HR leaders learned just how critical workforce-continuity planning is to overall organizational strategy,” said Cecile Alper-Leroux, vice president of products and innovation at UKG. “To enable our customers to emerge even stronger out of this crisis and prepare for ongoing uncertainty, we are designing and using HR technology to help leaders proactively prepare for the future and rapidly respond to change.”
Fowler reported she is able to take advantage of the Workforce Continuity Hub to view people insights within a convenient dashboard. With the Workforce Continuity Hub, administrators can quickly deploy and manage employee communications and surveys utilizing the Safety Check-In and Personal Impact Form features. At EDPR, HR’s access to key metrics on employee wellbeing and workforce continuity is changing the way the company views Fowler’s role.
“When the winter storms in Texas brought the state to a standstill, HR took the lead with Workforce Continuity to check in with our employees,” said Fowler. “Managing crises has been perceived as the role of the safety team, but that perspective will shift over time as HR gains the tools and expertise to make sure employees are safe, corporate communications are clear and consistent, and information and systems are both secure and accessible to all.”
Fowler noted that Workforce Continuity is meaningful not only for HR, but for all EDPR employees.
“Workforce Continuity makes the employee experience simple and streamlined,” said Fowler. “Employees get a push notification on their phones before they even arrive at work. Without logging into a computer, they are able to indicate if they need assistance, and then receive that assistance.”
“At UKG, our vision is to give leaders the right tools and insights to plan for and respond to change with agility, and to guide their workforce to deliver on business outcomes,” said Chris Phenicie, chief sales officer, mid-market and strategic, at UKG. “We are pleased that EDPR is taking advantage of our latest technology to protect business operations and prioritize employee wellbeing.”
About UKG
At UKG (Ultimate Kronos Group), our purpose is people. Built from a merger that created one of the largest cloud companies in the world, UKG believes organizations succeed when they focus on their people. As a leading global provider of HCM, payroll, HR service delivery, and workforce management solutions, UKG delivers award-winning Pro, Dimensions, and Ready solutions to help tens of thousands of organizations across geographies and in every industry drive better business outcomes, improve HR effectiveness, streamline the payroll process, and help make work a better, more connected experience for everyone. UKG has 13,000 employees around the globe and is known for an inclusive workplace culture. The company has earned numerous awards for culture, products, and services, including consecutive years on Fortune’s 100 Best Companies to Work For list. To learn more, visit ukg.com.
Copyright 2021 UKG Inc. All rights reserved. For a full list of UKG trademarks, please visit ukg.com/trademarks. All other trademarks, if any, are property of their respective owners. All specifications are subject to change.
Follow UKG on Facebook, Instagram, LinkedIn, Twitter, and YouTube.
UKG Contact:
Darlene Marcroft
Phone: +1 954 331 7444
This email address is being protected from spambots. You need JavaScript enabled to view it.
For Sales Information:
UKG
Phone: +1 800 432 1729
Website: ukg.com
VISTA, Calif.--(BUSINESS WIRE)--$FLUX #GSE--Flux Power Holdings, Inc. (“Flux Power”) (NASDAQ: FLUX), a developer of advanced lithium-ion industrial batteries for commercial and industrial equipment, today announced that its financial results for Q3’21 will be released before the market opens on Thursday, May 13, 2021. Flux Power will host a conference call later that day at 4:30 PM Eastern Time to discuss its financial results and provide a company update.
Investors and analysts interested in joining the call are invited to dial (833) 428-8374 or (270) 240-0543 for international callers. The conference ID is 7359227. A recording of the conference call will be uploaded to the Flux Power website once it is available.
About Flux Power Holdings, Inc. (www.fluxpower.com)
Flux Power designs, develops, manufactures, and sells advanced lithium-ion energy storage solutions for lift trucks, airport ground support equipment (GSE), stationary energy storage, and other industrial and commercial applications. Flux Power’s “LiFT Pack” battery packs, including its proprietary battery management system (BMS), provide its customers with a better performing, higher value, and more environmentally friendly alternative as compared to traditional lead acid and propane-based solutions.
Flux, Flux Power, and associated logos are trademarks of Flux Power Holdings, Inc. All other third-party brands, products, trademarks, or registered marks are the property of and used to identify the products or services of their respective owners.
Follow us at: |
||
Blog: |
||
News: |
||
Twitter: |
||
LinkedIn: |
||
Flux Power Media & Investor Relations:
Justin Forbes
877-505-3589
This email address is being protected from spambots. You need JavaScript enabled to view it.
AMES, Iowa--(BUSINESS WIRE)--Renewable Energy Group, Inc. (NASDAQ:REGI) today announced that its management team is scheduled to attend the following virtual investor conferences. Attendance at these conferences is by invitation only for clients of each respective firm. Interested investors should contact your respective sales representative to register and for one-on-one meetings to secure a time.
About Renewable Energy Group
Renewable Energy Group, Inc. is leading the energy industry's transition to sustainability by transforming renewable resources into high-quality, cleaner fuels. REG is an international producer of cleaner fuels and one of North America’s largest producers of advanced biodiesel. REG solutions are alternatives for petroleum diesel and produce significantly lower carbon emissions. REG utilizes an integrated procurement, distribution and logistics network to operate 12 biorefineries in the U.S. and Europe. In 2020, REG produced 519 million gallons of cleaner fuel delivering 4.2 million metric tons of carbon reduction. REG is meeting the growing global demand for lower-carbon fuels and leading the way to a more sustainable future.
Investor Relations:
Renewable Energy Group
Todd Robinson
Deputy Chief Financial Officer and Treasurer
+1 (515) 239-8048
This email address is being protected from spambots. You need JavaScript enabled to view it.
COLUMBUS, Ind.--(BUSINESS WIRE)--Global technology and power solutions leader Cummins Inc. (NYSE: CMI) and KBR (NYSE: KBR) have signed a memorandum of understanding (MoU) to collaborate on offering a complete and integrated solution to produce ammonia from renewable sources, commonly referred to as green ammonia. As leaders in their respective markets, Cummins in proton exchange membrane (PEM) electrolysis to generate hydrogen, and KBR with ammonia technologies, the companies have committed to explore the benefits of tightly integrated technologies that aim to provide significant capital and operational savings for their customers.
“Cummins is excited to work with KBR to deliver turnkey solutions for green ammonia customers,” said Amy Davis, vice president and president of New Power at Cummins. “We are scaling our electrolyzer technology to deliver green hydrogen at the scale required for these 250+ megawatt projects. With KBR’s expertise and history with ammonia technologies, we plan to make a significant impact on decarbonization by enabling the production of green ammonia. The interest and commitment from ammonia users to leverage clean technologies provides great opportunity.”
With the collaboration, Cummins brings extensive experience with its proprietary PEM electrolysis solution, already deployed around the world, including the largest PEM electrolyzer installation currently in operation in Bécancour, Canada. KBR brings its expertise related to proprietary hardware, catalyst and technical service for its K-GreeN® ammonia technology, as well as system engineering.
“We are very pleased to take this important step with Cummins,” says Doug Kelly, KBR President, Technology. “Collectively, our companies have the proprietary knowhow and expertise that will allow us to offer an integrated ammonia solution to clients worldwide and help with achieving their corporate ESG initiatives.”
About KBR
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 29,000 people worldwide with customers in more than 80 countries and operations in 40 countries. KBR is proud to work with its customers across the globe to provide technology, value-added services, and long- term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver. Visit www.kbr.com.
About Cummins Inc.
Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company’s products range from diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, electric power generation systems, batteries, electrified power systems, hydrogen generation and fuel cell products. Headquartered in Columbus, Indiana (U.S.), since its founding in 1919, Cummins employs approximately 57,800 people committed to powering a more prosperous world through three global corporate responsibility priorities critical to healthy communities: education, environment and equality of opportunity. Cummins serves its customers online, through a network of company-owned and independent distributor locations, and through thousands of dealer locations worldwide and earned about $1.8 billion on sales of $19.8 billion in 2020. Learn more at cummins.com.
Jon Mills
Cummins Inc.
Phone: 317-658-4540
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
GridPoint’s Smart Building Platform highlighted as honorable mention in energy category
RESTON, Va.--(BUSINESS WIRE)--GridPoint’s Smart Building Platform received an honorable mention in the energy category of Fast Company’s 2021 World Changing Ideas Awards. GridPoint was recognized for supporting the grid transition while saving customers more than $496 million in energy expenses, reducing usage by more than 6.3 billion kWh and eliminating over 5.9 billion pounds of carbon emissions to date.
“For over a decade, GridPoint has been transforming the way businesses use energy in order to create a more sustainable future. This means delivering resilience and energy savings to buildings, while leveraging their collective impact to accelerate the transition to a clean and reliable grid. Fast Company’s recognition points to our technology’s unique ability to support both energy users and energy providers in order to achieve our vision,” said GridPoint CEO Mark Danzenbaker.
The Awards honor the businesses, policies, projects, and concepts that are actively engaged and deeply committed to pursuing innovation when it comes to solving health and climate crises, social injustice, or economic inequality. A panel of Fast Company editors and reporters selected winners and finalists from a pool of more than 4,000 entries across categories.
“There is no question our society and planet are facing deeply troubling times. So, it’s important to recognize organizations that are using their ingenuity, impact, design, scalability, and passion to solve these problems,” says Stephanie Mehta, editor-in-chief of Fast Company.
View the full list of energy honorees here.
About GridPoint
GridPoint’s mission is to accelerate the world’s transition to a sustainable future by creating an intelligent energy network of grid-interactive buildings. By transforming the way commercial businesses use energy, GridPoint unlocks the decarbonization, sustainability, and grid resiliency required for a cleaner, more efficient tomorrow. Our technology platform harnesses power and potential within a building to deliver energy, operational, and resiliency benefits. Networked together, GridPoint intelligent buildings provide reliable, precise, and instantaneous capacity for utilities and grid operators. GridPoint’s growing network of commercial buildings spans across Fortune 500 enterprises, utilities, government organizations, and small businesses.
Katie O’Shea, Marketing Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
(703) 667-7051
Company makes strategic hires to lead environmental strategy
DENVER--(BUSINESS WIRE)--Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced that it now provides access to renewable energy options at each of its North American and European campuses to enable customers to reduce their carbon emissions. Additionally, the company has hired two experts to lead its environmental sustainability commitments across the globe.
Four of the company’s campuses are currently powered by more than 99% renewable energy (hydro, tidal and wind) for critical IT load through Vantage’s utility partners, while the other campuses provide access to green power purchases and renewable energy credits through local utility partners. Vantage actively works with energy providers, customers and industry groups to advocate and invest in additional renewable energy options globally.
As part of an expanded focus on environmental goals, the company named Amanda Sutton as senior director of sustainability to lead Vantage’s global sustainability program to lessen its environmental impacts worldwide. In addition, Neal Kalita will serve as the director of power and sustainability with a focus on the company’s European campuses. Sutton and Kalita join a global team overseeing environmentally responsible facility design, construction and operations.
“Vantage is working collaboratively with our customers, investors and utilities to invest in sources of renewable energy and to set goals in all areas of sustainable development in order to make a positive impact in the communities where we operate” said Sureel Choksi, president and CEO, Vantage Data Centers. “Part of our commitment to expand our ESG program included adding leadership in several areas, and I’m thrilled to have Amanda and Neal on board to provide a new depth of expertise to our team.”
As part of its Environmental, Safety and Corporate Governance (ESG) program, Vantage is taking a broad approach to the many facets of environmental sustainability.
“Vantage is approaching sustainability from all angles,” explained Sutton. “While energy efficiency and access to renewable energy are major focus areas, we are also investing in resources to reduce our carbon footprint, decrease water usage and be a good community partner. We want to ensure our campuses strengthen the communities where we operate while providing beautiful, comfortable and healthy spaces for our customers and employees to do their best work.”
Some of the additional sustainable achievements and features on Vantage’s campuses include:
The company’s environmental sustainability goals and initiatives align with those of its hyperscale, cloud, enterprise customers and investors, including Colony Capital, which have made similar climate and environmental commitments across their respective portfolios.
For more information about Vantage’s sustainability commitment worldwide, visit https://vantage-dc.com/features/sustainability/.
About Vantage Data Centers
Vantage Data Centers powers, cools, protects and connects the technology of the world’s well-known hyperscalers, cloud providers and large enterprises. Developing and operating across six markets in North America and six markets in Europe, Vantage has evolved data center design in innovative ways to deliver dramatic gains in reliability, efficiency and sustainability in flexible environments that can scale as quickly as the market demands.
For more information, visit www.vantage-dc.com.
Press Contacts
Mark Freeman
Vantage Data Centers
This email address is being protected from spambots. You need JavaScript enabled to view it.
+1 202-680-4243
Robin Bectel
REQ for Vantage Data Centers
This email address is being protected from spambots. You need JavaScript enabled to view it.
+1 703-287-7827
BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) will hold its 2021 Annual Meeting of Shareholders at 10:00 a.m. Mountain Time on Thursday, May 20. The meeting will be held in virtual-only format, accessible via the Internet. IDACORP shareholders may attend the annual meeting by registering for the meeting at www.proxydocs.com/IDA no later than 3:00 p.m. Mountain Time on May 19, 2021. Additional information related to the meeting is available in IDACORP’s 2021 proxy statement.
During the meeting, IDACORP President and Chief Executive Officer Lisa Grow will discuss the 2020 performance of IDACORP and its primary subsidiary, Idaho Power Company, as well as company initiatives for 2021 and beyond. Shareholders will have an opportunity to vote and submit questions electronically during the meeting.
Additionally, an audio stream of the meeting will be webcast live at www.idacorpinc.com, available in listen-only mode to both shareholders and non-shareholders. Webcast access information will be posted on the IDACORP website the morning of the meeting and presentation slides for the meeting will be available on the IDACORP website before the meeting begins. Following the meeting, all annual meeting webcast materials will be available on IDACORP’s website for 12 months.
About IDACORP, Inc.
IDACORP, Inc. (NYSE: IDA), Boise, Idaho-based and formed in 1998, is a holding company comprised of Idaho Power, a regulated electric utility; IDACORP Financial, a holder of affordable housing projects and other real estate investments; and Ida-West Energy, an operator of small hydroelectric generation projects that satisfy the requirements of the Public Utility Regulatory Policies Act of 1978. Idaho Power began operations in 1916 and employs approximately 2,000 people to serve a 24,000-square-mile service area in southern Idaho and eastern Oregon. Idaho Power’s goal of 100% clean energy by 2045 builds on its long history as a clean energy leader providing reliable service at affordable prices. With 17 low-cost hydropower projects at the core of its diverse energy mix, Idaho Power’s more than 590,000 residential, business, and agricultural customers pay among the nation's lowest prices for electricity. To learn more about IDACORP or Idaho Power, visit idacorpinc.com or idahopower.com.
Investor and Analyst Contact
Justin S. Forsberg
Director of Investor Relations & Treasury
Phone: 208-388-2728
This email address is being protected from spambots. You need JavaScript enabled to view it.
Media Contact
Jordan Rodriguez
Corporate Communications
Phone: 208-388-2460
This email address is being protected from spambots. You need JavaScript enabled to view it.
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced the award, renewal or extension of 15 multi-year contracts with a combined estimated value over $525 million. The contracts were secured by the Company’s Utilities Segment.
The new contracts include a $60 million, five-year MSA agreement to install aerial and underground fiber-optic cable in the Gulf Coast region in conjunction with the Rural Digital Opportunity Fund. This project, which will provide telecommunications service to underserved communities, will begin in the second quarter of 2021.
Additional Utilities contracts awarded during the first quarter included:
ABOUT PRIMORIS
Founded in 1960, Primoris, through various subsidiaries, has grown to become one of the leading providers of specialty contracting services operating throughout the United States and Canada. Primoris provides a wide range of specialty construction services, fabrication, maintenance, and engineering services to a diversified base of customers. Additional information on Primoris is available at www.primoriscorp.com.
FORWARD LOOKING STATEMENTS
This press release contains certain forward-looking statements that reflect, when made, the Company’s expectations or beliefs concerning future events that involve risks and uncertainties, including the Company’s future performance. Forward-looking statements include all statements that are not historical facts and can be identified by terms such as “anticipates”, “believes”, “could”, “estimates”, “expects”, “intends”, “may”, “plans”, “potential”, “predicts”, “projects”, “should”, “will”, “would” or similar expressions. Forward-looking statements include information concerning our possible or assumed future results of operations, business strategies, financing plans, competitive position, industry environment, potential growth opportunities, the effects of regulation and the economy, generally. Forward-looking statements inherently involve known and unknown risks, uncertainties, and other factors, which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Actual results may differ materially as a result of a number of factors, including, among other things, the risks described in Part I, Item 1A “Risk Factors” of our Annual Report on Form 10-K for the year ended December 31, 2020, and our other filings with the U.S. Securities and Exchange Commission (“SEC”). Such filings are available on the SEC’s website at www.sec.gov. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements. Primoris does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
Brook Wootton
Vice President, Investor Relations
Primoris Services Corporation, 214-545-6773
This email address is being protected from spambots. You need JavaScript enabled to view it.
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy, Inc. (Nasdaq: MGEE) today reported financial results for the first quarter of 2021.
MGE Energy’s GAAP (Generally Accepted Accounting Principles) earnings for the first quarter of 2021 were $34.9 million, or $0.97 per share, compared to $26.0 million, or $0.75 per share, for the same period in the prior year.
An increase in electric investments included in rate base contributed to increased electric earnings for 2021. The Two Creeks solar project was completed in November 2020 contributing to increased electric earnings in the first quarter of 2021. Our 50-megawatt share of the project's generation will contribute to our ongoing goal of deep carbon reductions. The timing of 2021 depreciation and other operations and maintenance costs also contributed to higher electric earnings in the first quarter of 2021. Depreciation and operations and maintenance costs are expected to increase during the remainder of 2021 after significant capital projects are completed, including Badger Hollow I solar project and a new customer information system.
Ongoing remote work arrangements and colder temperatures contributed to higher electric residential sales, which increased by approximately 9% for the three months ended March 31, 2021, compared to the same period in the prior year. However, electric commercial retail sales dropped approximately 4%.
An increase in gas investments included in rate base contributed to increased gas earnings for 2021. Higher gas retail sales resulting from colder weather in the first quarter of 2021 also contributed to higher gas earnings in that period. During the first quarter of 2021, gas retail sales increased 7% compared to the same period in the prior year. The average temperature in February 2021 was approximately 13 degrees compared to 23 degrees in February 2020.
The situation around the COVID-19 pandemic remains fluid. We have been subject to and continue to follow local, state and federal public health and safety regulations and guidance to address the pandemic. We have operated continuously throughout the pandemic to ensure no material disruptions in service or employment. Our priority has and continues to be reliable and safe service for our customers. We continue to monitor the situation and manage our response.
|
MGE Energy, Inc. |
|
|||||
|
(In thousands, except per share amounts) |
|
|||||
|
(Unaudited) |
|
|||||
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, |
|
2021 |
|
|
2020 |
|
|
Operating revenue |
$ |
167,915 |
|
$ |
149,873 |
|
|
Operating income |
$ |
39,054 |
|
$ |
31,440 |
|
|
Net income |
$ |
34,933 |
|
$ |
26,037 |
|
|
Earnings per share - basic |
$ |
0.97 |
|
$ |
0.75 |
|
|
Earnings per share - diluted |
$ |
0.97 |
|
$ |
0.75 |
|
|
Weighted average shares outstanding - basic |
|
36,163 |
|
|
34,668 |
|
|
Weighted average shares outstanding - diluted |
|
36,165 |
|
|
34,668 |
|
About MGE Energy
MGE Energy is a public utility holding company. Its principal subsidiary, Madison Gas and Electric, generates and distributes electricity to 157,000 customers in Dane County, Wis., and purchases and distributes natural gas to 166,000 customers in seven south-central and western Wisconsin counties. MGE's roots in the Madison area date back more than 150 years.
Forward-looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Such statements include the risks and uncertainties related to the COVID-19 pandemic as well as expenses expected for the remainder of 2021. Such forward-looking statements are based on MGE Energy’s current expectations, estimates and assumptions regarding future events, which are inherently uncertain. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to revise or update publicly any such forward-looking statements to reflect any change in expectations or in events, conditions or circumstances on which any such statements may be based. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to our business in general, please refer to the “Risk Factors” sections in our Annual Report on Form 10-K for the year ended December 31, 2020 and our Quarterly Report on Form 10-Q during the three months ended March 31, 2021, filed with the Securities and Exchange Commission.
Steve B. Schultz
Corporate Communications Manager
608-252-7219 | This email address is being protected from spambots. You need JavaScript enabled to view it.
Ken Frassetto
Investor Relations
608-252-4723 | This email address is being protected from spambots. You need JavaScript enabled to view it.
Project Will Implement Advanced Video and Radar Detection Systems to Improve Traffic Flow and Safety Across Major Intersections in the Northern California City
SANTA ANA, Calif.--(BUSINESS WIRE)--$ITI #IoT--Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today announced that it has been awarded a contract with a total potential value of $3.3 million by the City of Modesto to supply Iteris’ Vantage Vector® hybrid video and radar detection systems throughout the Northern California city, in support of Modesto’s 2020-2025 Strategic Plan focus of Governance and Service Delivery, and its 2021 Smart City Strategy.
Under the terms of the two-year contract, which has the option to extend for two additional years, Iteris will upgrade 60 key intersections with 240 detection systems as part of phase one of the program.
With the Vantage Vector hybrid detection system – an all-in-one detection sensor that combines video and radar for stop bar and advance zone detection – the City of Modesto will be able to differentiate between vehicles, bicyclists and pedestrians to improve traffic flow and improve safety for all road users, while saving the City money. Vantage Vector provides rich data and insights on trends in traffic volumes and modes of transportation that will enable the City to adjust traffic signal timing to minimize congestion and delays. This reduced congestion, as well as Vantage Vector’s ability to reduce the risk of collisions at the intersection, will help to improve safety. Additionally, the project will save the City money by eliminating the need for in-ground hardware and its associated higher costs of construction. The Vantage Vector detection system also provides robust data for smart mobility applications, automated traffic signal performance measures (ATSPM) software and adaptive traffic control systems.
In addition to its ability to detect and differentiate between vehicles, bicyclists and pedestrians using video detection, the Vantage Vector system has high-precision radar sensing technology that provides total coverage of the dilemma zone. The dilemma zone is defined as the point at which a driver approaching a yellow signal light has to make a split-second decision on whether to attempt to stop and risk a rear-end collision or proceed into the intersection, potentially running a red light and risking a right-angle crash. Vantage Vector’s advanced dilemma zone detection capabilities help to reduce the risks of rear-end and right-angle collisions by either extending a signal phase to give drivers more time to react or enabling an all-red phase, pausing traffic until the intersection is cleared.
The Vantage Vector detection system is a key component of Iteris’ ClearMobility™ Platform – the world’s most complete solution to continuously monitor, visualize and optimize mobility infrastructure. ClearMobility applies cloud computing, artificial intelligence, advanced sensors, advisory services and managed services to help ensure roads are safe, travel is efficient, and communities thrive.
“We are pleased to be working with Iteris to adopt an advanced solution at key intersections in the City of Modesto, in support of our 2020-2025 Strategic Plan focus of Governance and Service Delivery, and 2021 Smart City Strategy,” said Mayor Sue Zwahlen from the City of Modesto. “By using this state-of-the-art technology, we are providing Modesto road users with improved safety and increased mobility at the intersection.”
“We are thrilled to be able to support the City of Modesto’s goal of improving safety and mobility for drivers, cyclists and pedestrians, while maximizing efficiency throughout its transportation network,” said Mark Nogaki, vice president, sales and customer success at Iteris. “This new contract, which is testament to the spirit of innovation at the City of Modesto, demonstrates increasing demand for Iteris’ leading solutions for the smart mobility infrastructure management market and underscores the city’s commitment to a technology framework that will serve the community for decades to come.”
About Iteris, Inc.
Iteris is the global leader in smart mobility infrastructure management – the foundation for a new era of mobility. We apply cloud computing, artificial intelligence, advanced sensors, advisory services and managed services to achieve safe, efficient and sustainable mobility. Our end-to-end solutions monitor, visualize and optimize mobility infrastructure around the world to help ensure that roads are safe, travel is efficient, and communities thrive. Visit www.iteris.com for more information, and join the conversation on Twitter, LinkedIn and Facebook.
Iteris Forward-Looking Statements
This release may contain forward-looking statements, which speak only as of the date hereof and are based upon our current expectations and the information available to us at this time. Words such as "believes," "anticipates," "expects," "intends," "plans," "seeks," "estimates," "may," “should,” "will," "can," and variations of these words or similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, statements about the deployment of the award and benefits and impacts of our Vantage Vector system and ClearMobility platform. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict, and actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors.
Important factors that may cause such a difference include, but are not limited to, our ability to successfully deliver our solutions in a cost-effective manner; government funding and budgetary issues and delays; impact of influences and variances of general economic, political, environment, and other conditions in the markets we address; and the potential impact of product and service offerings from competitors and such competitors’ patent coverage and claims. Further information on Iteris, Inc., including additional risk factors that may affect our forward-looking statements, is contained in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q, our Current Reports on Form 8-K, and our other SEC filings that are available through the SEC’s website (www.sec.gov).
Media Contact
David Sadeghi
Tel: (949) 270-9523
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Investor Relations
MKR Investor Relations, Inc.
Todd Kehrli
Tel: (213) 277-5550
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBLIN--(BUSINESS WIRE)--The "Ballast Water Treatment Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
The Ballast Water Treatment Market is expected to grow at a CAGR of 32.7% over the forecast period 2020 to 2025.
Companies Mentioned
Key Market Trends
Tankers by Type to Drive the Market
APAC to Dominate the Market
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Marker Drivers
4.2.1 Growth in the Volume of Seaborne Trade
4.2.2 Government Actions Toward Marine Environmental Safety and Protection
4.3 Market Restraints
4.3.1 Storage of Disinfection By-products Generated Following Water Treatment
4.3.2 Costly Plan of Ballast Water Treatment Systems Coupled with Variations in IMO and USCG Regulations
4.4 Market Opportunities
4.4.1 Latest Laws to Boost the Demand for Ballast Water Treatment
4.5 Industry Attractiveness - Porter's Five Forces Analysis
4.6 Industry Value Chain Analysis
4.7 Impact of COVID-19 on the Ballast Water Treatment Market
5 MARKET SEGMENTATION
5.1 By Type
5.2 Geography
5.2.1 North America
5.2.2 Europe
5.2.3 Asia-Pacific
5.2.4 Rest of the World
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
7 INVESTMENT ANALYSIS
8 FUTURE OF THE MARKET
For more information about this report visit https://www.researchandmarkets.com/r/t9t2j
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Highlights:
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) and Air Tractor have teamed to produce the AT-802U Sky Warden™, an affordable, production-ready aircraft designed for airborne intelligence, surveillance and reconnaissance (ISR) and other missions in extreme combat environments.
Sky Warden is based on the rugged and capable Air Tractor AT-802, which features the largest payload capacity of any single engine turboprop aircraft. It hosts L3Harris’ world-class family of communications, sensors and airborne ISR solutions. The platform is backed by the company’s extensive turnkey ISR operation experience.
The multi-mission platform provides the operator agility and flexibility to identify, track and react to counter threats. It merges the capabilities of larger ISR and armed aircraft into one resilient package. It is also capable of takeoff and landing on unimproved airstrips – allowing the aircraft to be deployed and co-located with special mission operators.
“Air Tractor aircraft were developed precisely to operate in austere environments with limited infrastructure,” said Jim Hirsch, President, Air Tractor, Inc. “Our aircraft are built to offer unparalleled flexibility, essential ingredients for special mission operators.”
“Our mission systems, platforms, direct operators and sustainment teams have supported more than 1.3 million combat hours of special operations ISR and attack missions in the past 10 years,” said Luke Savoie, President, Aviation Services, L3Harris. “Combining that experience with Air Tractor, one of the largest turboprop aircraft OEMs in the world, enables our team to design and provide a mature platform capable of operating anywhere in the world and provides the tools needed to support any mission.”
Sky Warden’s name commemorates two best-in-class, multi-mission special operations combat platforms. It merges the deep history of the Vietnam era A-1E Sky Raider with the present-day U-28, which uses the callsign “Warden” during combat operations. Sky Warden combines their heritage and capabilities to collapse the stack, providing one aircraft capable of multiple mission roles. Learn more about the Sky Warden’s legacy and how it brings modern technology to the ISR strike mission at www.L3Harris.com/SkyWarden.
About L3Harris Technologies
L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers’ mission-critical needs. The company provides advanced defense and commercial technologies across air, land, sea, space and cyber domains. L3Harris has approximately $18 billion in annual revenue and 48,000 employees, with customers in more than 100 countries. L3Harris.com.
About Air Tractor, Inc.
Air Tractor is a leading manufacturer of purpose-built aircraft for agricultural, firefighting, and utility applications. Air Tractor aircraft can be found in more than 30 countries around the world and are supported by a global network of Air Tractor dealers. Air Tractor delivered its 4,000th aircraft in March 2021 and has manufactured aircraft for 46 years. https://airtractor.com.
Forward-Looking Statements
This press release contains forward-looking statements that reflect management's current expectations, assumptions and estimates of future performance and economic conditions. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. Statements about system capabilities are forward-looking and involve risks and uncertainties. L3Harris disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Marcella Thompson
L3Harris Technologies
This email address is being protected from spambots. You need JavaScript enabled to view it.
214-430-8872
Tom Menker
Air Tractor, Inc.
This email address is being protected from spambots. You need JavaScript enabled to view it.
940-564-5616
DUBLIN--(BUSINESS WIRE)--The "Global Subsea Manifolds Market 2021-2025" report has been added to ResearchAndMarkets.com's offering.
The publisher has been monitoring the subsea manifolds market and it is poised to grow by $ 07.38 million during 2021-2025, progressing at a CAGR of almost 3% during the forecast period.
The report on the subsea manifolds market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growth in demand for oil and natural gas and the rise in deepwater and ultra-deepwater E&P activities.
The subsea manifolds market analysis includes the application segment and geographic landscape. This study identifies the increase in global offshore rig count as one of the prime reasons driving the subsea manifolds market growth during the next few years.
Companies Mentioned
The report on the subsea manifolds market covers the following areas:
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Key Topics Covered:
1. Executive Summary
2. Market Landscape
3. Market Sizing
4. Five Forces Analysis
5. Market Segmentation by Application
6. Customer landscape
7. Geographic Landscape
8. Landscape
9. Vendor Analysis
10. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/byoibw
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
GONZALES, La.--(BUSINESS WIRE)--Specialty Welding & Turnarounds, Inc. (SWAT), a leading provider of specialty welding, mechanical, and other technical services to the oil and gas refinery, renewables, petrochemical and industrial markets, announced Marcus Deal has been named Chief Executive Officer. A 35-year industry veteran, Deal has a demonstrated history of successfully leading and growing businesses in the sector. In his new role, Deal will oversee the next phase of SWAT’s growth plan, which has included a strategy of organic and acquisition growth since a fund managed by ORIX Capital Partners acquired the company in 2020, alongside the management team and Hastings Equity Partners.
SWAT founder and President Johnny Holifield will continue to play an active role as a board member and advisor to the management team, supporting SWAT’s continued commitment to execution excellence, customer satisfaction, and an industry-leading safety culture.
“From 2014, when we founded SWAT, to today, our core principles and values have guided us through a successful trajectory and I am very proud of the business we have built,” said Holifield. “I’ve known Marcus for over 20 years and am pleased to bring him on board to lead SWAT through its next chapter and carry on our commitments to our customers and employees.”
The Louisiana-based turnaround and maintenance services provider acquired catalyst services provider Hydroprocessing Associates in December 2020. In addition, SWAT has built an in-house alkylation business and is continuing to seek new service line additions as well as opportunities to enhance existing ones.
“We are excited to welcome Marcus to the SWAT team and are confident he is optimally suited to lead the next stage of the company’s growth,” said Craig Kahler, Managing Director of ORIX Capital Partners. “With his strong track record and depth of executive experience, Marcus is a collaborative leader with a gift for bringing people together, as well as leading teams through efficiency enhancements and improvements. We believe he blends the best practices of a large organization with the resourcefulness and entrepreneurial spirit it takes to grow a business.”
Previously, Deal served as President of Brown & Root’s Turnarounds & Specialty Services business lines. Prior to joining Brown & Root, he worked as Vice President of Maintenance for Chicago Bridge & Iron (CB&I).
“With SWAT’s stellar reputation and backing from an operationally-focused partner like ORIX Capital Partners, we can continue our expansion strategy, while maintaining a firm commitment to ensuring customer satisfaction and safety,” said Deal. “I am looking forward to working alongside the team to build on SWAT’s established track record and best-in-class capabilities.”
About ORIX Capital Partners
ORIX Capital Partners (OCP), the operationally-focused private equity team of ORIX Advisers, LLC and a wholly-owned subsidiary of ORIX Corporation USA, manages a fund that seeks to make direct equity investments in established middle-market companies throughout North America, spanning a variety of industries, including industrial services, business services, and general industrials. For more information about OCP and its capabilities, please visit www.orixcapitalpartners.com.
About Specialty Welding and Turnarounds
Founded in 2014, SWAT has evolved into an elite and trusted provider of highly specialized turnaround services with an industry-leading safety record, superior execution capabilities, and a wide range of specialty welding and mechanical service offerings. The company currently has master service agreements with more than 50 U.S. facilities, including some of the world’s largest oil refineries, and maintains multiple touchpoints across its key customer relationships. SWAT has a diverse geographic presence with offices in Louisiana, Texas, and California, a coverage area spanning more than 14 states and a nationwide craft labor database of over 4,000 highly experienced professionals.
About Hastings Equity Partners
Hastings Equity Partners is a private equity firm focused on investing in lower, middle-market industrial service and business services segments. Hastings’ approach is to leverage the firm’s managers and investors’ extensive operational experience, many of whom are active or former CEOs of Fortune 1000 companies. In addition, due to the firm’s expanding portfolio of industrial service and business service companies, it is able to share best practices, technology trends, and contacts across its platform to ensure that all of its investments benefit.
Rohini Pragasam, Head of Communications & Marketing
ORIX Corporation USA
This email address is being protected from spambots. You need JavaScript enabled to view it.
CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--The Community Climate Collaborative (C3) announced the launch of a newly-formed alliance of sixteen Virginia-based businesses and nonprofits to address climate change and ready our economy for a clean energy future. Governor Ralph Northam spoke at a press conference Wednesday, May 5th, at Sentara Martha Jefferson Hospital to introduce the Green Business Alliance (GBA), and their ambitious target to reduce their collective climate emissions by 45% by 2025, nearly five years earlier than a recent target set by the Biden Administration.
“While 30% of Fortune 500 businesses have made declarations of climate emissions reductions, smaller companies, which comprise 99.5% of Virginia businesses, also have a leadership role to play in helping the Commonwealth meet its climate goals,” said C3 Executive Director, Susan Kruse. “The launch of the GBA demonstrates that small and medium-size businesses can embrace climate leadership and take action in support of local, state, and national goals.”
“Virginia-based businesses are an essential part of our economy and our communities, and they will also be essential partners in reaching our climate goals,” said Governor Ralph Northam. “We need all hands on deck, and it is an honor to highlight these successful home-grown businesses who are working to ensure a sustainable future for all Virginians.”
GBA members employ more than 2,300 employees, represent key industry sectors, and are recognized influencers statewide, nationally, and some internationally.
“Carter Myers Automotive is honored to be part of the GBA. Working with courageous, forward thinking local leaders on such an important issue has been validating for our own actions and yet challenging because we all know we can do more,” said Liza Borches, CEO/President, Carter Myers Automotive dealerships, a company with 16 dealerships across the Commonwealth.
“The health of our planet is obviously critical to the health of our people, so it is our responsibility to make sustainable choices for future generations. Business leaders in our community have a strong sense of environmental responsibility, and it is a privilege to collaborate with them. We are excited to host the GBA press conference on May 5th,” said Catherine Hughes, Executive Director for Sentara Martha Jefferson Hospital, who also spoke at the event.
Gordon Sutton, President of Tiger Fuel added, “Tiger Fuel company is a homegrown Virginia business that has been proudly engaged in the communities we serve for the last 39+ years. We feel like joining the GBA is the right thing to do for our company, our community, and our environment. Businesses like ours are the backbone of our economy and we have a tremendous opportunity here to support climate action while we support our business as well.”
Kelli Palmer, Head, Global Inclusion & Diversity and Corporate Citizenship at CFA Institute, rounded out the event speakers stating, “CFA Institute is proud to join the inaugural Green Business Alliance in Charlottesville, Virginia, and connect with other like-minded organizations that are committed to reducing their environmental impact and promoting sustainability in pursuit of environmental excellence.”
The inaugural 16 members include the following companies:
Apex Clean Energy
CFA Institute
CMA Colonial Nissan
CMA Volvo Cars of Charlottesville
Hantzmon Wiebel
Harvest Moon Catering
Indoor Biotechnologies
Legal Aid Justice Center
Quantitative Investment Management
Red Light Management
Sentara Martha Jefferson Hospital
Sigora Solar
Sun Tribe Solar
The Center
Tiger Fuel Company
WillowTree
About the Community Climate Collaborative
The Community Climate Collaborative aims to bring communities together to lead on climate by working closely with schools, businesses, citizens, and local governments to implement carbon emissions reductions, develop climate action plans, and enact equitable policies that accelerate climate action. theclimatecollaborative.org/gba
Press:
Teri Kent, Director of Programs and Communication, Community Climate Collaborative, 434-466-5157 or This email address is being protected from spambots. You need JavaScript enabled to view it..
Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.
Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.