ABB, for the first time, has been named on the fourth annual list of IndustryWeek’s 100 best managed companies. The companies were selected from a list of the world’s largest publicly held manufacturing companies, based on revenues.
An order has been placed by A.P. Moller of Denmark for a simplex dynamic positioning system from Alstom Drives & Controls. Alstom will supply and commission its DPS901 system for the offshore support vessel, `Maersk Promoter’.
Fibox, the enclosures specialist, has recently formed a business partnership with the Derbyshire based electrical component distributor, Thames Electrical Controls(TEC). A strategic alliance for both companies, they offer established engineering expertise and product knowledge.
Forward Industries, a designer and manufacturer of equipment for the nuclear power and hydraulic industries has been bought by its two executive directors. Jeff Forrest and Steve Thomas have confirmed their intention to develop and expand the existing products.
Strathdon Investments has acquired a majority in Didcot-based Meta Technology, who design and manufacture laser guidance systems that can automate manually controlled welding machines.
The Munro Group has acquired the Environmental Division of Negretti Automation and will be known as The Negretti Environmental Division of the Munro Group. The acquisition re-establishes a working partnership first formed more than 50 years ago and brings expertise in monitoring both air pollution and the weather.
Racal Instruments and Huntron Instruments have formed a distribution agreement covering Huntron’s diagnostic troubleshooting test and robotic probe technology for the UK and Eire.
Whatman (MaidstoneUK) has signed an agreement worth £3.5 million to supply nitrogen generation membrane systems to BOC. The company will provide a higher purity nitrogen generation to meet BOC customer requirements.
Thurlby Thandar Instruments (TTi) have acquired the test and measurements business of Black Star from Prima Electronic Services. Black Star’s range includes frequency counters, function generators, test equipment and probes.
Echelon Corporation, the Lonworks company, has announced financial results for the 3 and 6 month periods ending June 1999 which exceeded expectations. Revenues for the six month period were up 12.6% to $18.6 million.