VanTran ranked amongst the top 5000 fastest-growing companies in the U.S.
Aug 19, 2020
Texas-based transformer manufacturuer VanTran has been ranked in Inc. magazine’s list of the 5000 fastest -growing companies in the U.S. Inc. magazine today ranked VanTran Transformers #2249 on its 39th … read more »
Aug 19, 2020
Two new transformers installed at Ameren Missouri Power Distribution Centre
Jul 31, 2020
The new Ameren Missouri Power Distribution Center in Cape Girardeau, Missouri has received two Missouri-made, 45-ton transformers. Ameren Missouri Division Director Russell Burger said the new substation is a $12.5 … read more »
Jul 31, 2020
Siemens to establish mobile working as part of “new normal”
Jul 20, 2020
Siemens has said it will establish mobile working as a core component of its “new normal” and will make it a permanent standard, both during the global pandemic and beyond. … read more »
Jul 20, 2020
CG Power Systems bought out by MML
Jul 10, 2020
CG Power Systems Ireland Limited, which makes distribution transformers, has been bought by MML Growth Capital Partners Ireland, safeguarding the jobs of 400 employees. CG Power Systems is being acquired … read more »
Jul 10, 2020
Spin-off of Siemens Energy approved by shareholders
Jul 9, 2020
A large majority of Siemens shareholders at Extraordinary Shareholders’ Meeting voted to approve the spin-off of the company’s energy business to Siemens Energy AG. According to Siemens, this step paves … read more »
Jul 9, 2020
Companies line up for Efacec takeover after nationalisation
Jul 7, 2020
The Portuguese Minister of Economy, Pedro Siza Vieira, has allegedly compiled a list of candidates to take over the recently nationalised company Efacec. The Portuguese engineering firm was nationalised this … read more »
Jul 7, 2020
Hitachi completes acquisition of ABB’s Power Grids Business
Jul 2, 2020
Hitachi has announced that it has completed the procedures for its 80.1% investment in the company operating power grids business that had been carved out from ABB Ltd, pursuant to … read more »
Jul 2, 2020
Siemens Linz marks 100 years in transformer manufacturing
Jun 24, 2020
Siemens Transformers Linz (STL) in Austria has reached an important milestone in 2020 – 100 years of transformer manufacturing. Approximately 300 employees and apprentices work at the transformer plant in … read more »
Jun 24, 2020
Japan increases production of power transformers by 6%
Jun 12, 2020
The value of production for electrical power transformers in Japan has seen a 6% increase during the first quarter 2020. According to German real-time business intelligence provider Fygen, there has … read more »
Jun 12, 2020
EU approves acquisition of ABB Power Grids by Hitachi
Jun 4, 2020
The European Commission has approved, under the EU Merger Regulation, the acquisition of the power grid division of ABB of Switzerland by Hitachi of Japan. ABB’s power grid division is … read more »
Jun 4, 2020
Cogent: US-tariffs on electrical steel to push transformer costs
Jun 3, 2020
The announcement of the U.S. Department of Commerce to conduct a national security investigation on the importing of electrical steel raises questions on the consequences. According to Ron Harper, President … read more »
Jun 3, 2020
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