GE Energy Helping to Meet Europe’s Increasing Demand for Renewable Energy
The latest evolution of GE Energy’s wind turbine technology, the 2.5xl wind turbine, is playing a growing role in helping Europe meet its renewable energy demands. This machine has been selected for projects across Europe that will add nearly 1, 000 megawatts of wind-generated electricity in 2009, or enough to serve over 480, 000 typical European households. The European Wind Energy Association (EWEA) has reported that more wind power was installed...
CWCapital Investments Hires Hugh Hall to Develop Mortgage Investment Business
CWCapital Investments (CWCI), a full service, commercial real estate investment management firm, announced that it has hired Hugh Hall as Managing Director. Hall will report to CWCI President Charles Spetka, and will be working to develop new capital sources and investment opportunities for CWCI, including the creation of a third-party, managed fund focused on mortgages and senior debt. Mr. Hall was a founder of Gramercy Capital Corp. and served as...
A Survival Guide for Growth in the Central and Eastern European Welding Markets
Frost & Sullivan will host a free telephone and web briefing on Tuesday, 25 November 2008 at 15.00 GMT to provide industry participants with an overview of CEE Welding Market. The Central and Eastern European welding market is currently in its growth stage. With the industrial activity moving in to Poland, Czech Republic, Hungary and Romania there is an increasing demand for the welding equipments and consumables. The demand for products like...
Insituform Settles Lawsuit Against Former European Licensee for $8.5 Million
Insituform Technologies, Inc. announced that it has settled its lawsuit against Per Aarsleff A/S, the Company’s joint venture partner in Germany and the United Kingdom and a former licensee of the Insituform® CIPP process in Northern and Eastern Europe, Russia and South Africa, which proceeding was pending in Memphis, Tennessee. In connection with the settlement, Per Aarsleff will pay the Company $8.5 million in a lump sum in the next ten days. In...
Two Experienced Real Estate Executives Join Watt Companies to Lead Acquisition Efforts
Signaling its intent to step-up acquisition efforts, Watt Companies has added two seasoned executives to lead the firm’s acquisition activities, with a focus on office opportunities and retail development. John Lee has joined Watt Realty Advisors as Vice President with responsibility for office acquisitions and brings significant experience with major firms in California as well as Texas. Kenneth Hira joins Watt Commercial Properties to reload their...
Two Experienced Real Estate Executives Join Watt Companies to Lead Acquisition Efforts
Signaling its intent to step-up acquisition efforts, Watt Companies has added two seasoned executives to lead the firm’s acquisition activities, with a focus on office opportunities and retail development. John Lee has joined Watt Realty Advisors as Vice President with responsibility for office acquisitions and brings significant experience with major firms in California as well as Texas. Kenneth Hira joins Watt Commercial Properties to reload their...
GE Hosting Summit of Leading Engineering, Construction Companies to Address Global Energy Challenges
GE Energy today began a two-day, first-of-its-kind energy summit in Istanbul, Turkey with the leading project management companies from Europe, Asia, the Middle East and Africa to showcase new technology and strategies aimed at helping countries address their urgent energy demands and environmental challenges. With energy demand expected to double by 2030, and global warming concerns driving new government policies to reduce greenhouse gas emissions,...
Systemair Has Got an Order for 328 Jet Tunnel Fans to Italy
Systemair (STO:SYSR) has got an order with a total value of 2,9 MEUR, for the refurbishment of the A32 Torino-Bardonnecchia highway tunnels, to be delivered between 2008 and 2010. The A32 is a major route connecting Italy to France. The highway is 76 km long and has nine tunnels, the longest is 5.190 m long. The jet fans are made of stainless steel, can stand 400°C operational temperature and can be reversed. - Our previous largest orders we have...
China Architectural Engineering Awarded $80 Million in New International Projects; Backlog Rises to Record $245 Million
China Architectural Engineering Inc., a leader in the design, engineering, fabrication and installation of high-end building envelope systems, today reported that it has been awarded two new contracts for projects valued at $80 million in Dubai and Singapore. The Company today also reported that its project backlog has increased to a new record of $245 million. Two Latest Contracts Represent Ongoing Success of CAE’S International Expansion Strategy Today’s...
Worthington to Sell Interest in European Steel Processing Joint Venture
Worthington Industries, Inc. announced that its Worthington Steel Company has agreed to sell its 49% equity interest in Canessa Worthington Slovakia to its partner in the joint venture, The CLN Group. The European steel processing joint venture was formed in August 2007 and operated a facility in Kosice, Slovakia. “This was a very amicable parting of ways,” Mark A. Russell, Worthington Steel Company president said. “We continue our good relationship...
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Mobile Solar Power Generator
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Baltix Recycled and Biobased Content Office Furniture
Baltix commercial furniture is made with a wide range of green materials, including waste-agricultural-fiber...
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