U.S. imports of electrical power transformers increased for the 4th quarter 2019
Mar 12, 2020
U.S. imports of electrical power transformers (all sizes) increased for the 4th quarter 2019 by 24,6 %, compared to the same quarter of last year (Q4 2018). At the same … read more »
Mar 12, 2020
Cleveland Cliffs call for better protection against imports ahead of AK Steel purchase
Mar 9, 2020
The new buyer of AK Steel, the only company in the U.S which produces the steel used in transformers, warned lawmakers on Thursday that without better protection against imports of … read more »
Mar 9, 2020
Former GE Chairman and CEO Jack Welch passes away
Mar 3, 2020
Chairman and CEO H. Lawrence Culp, Jr., issued the following statement in response to the passing of former GE Chairman and CEO John F. Welch, Jr. “Today is a sad … read more »
Mar 3, 2020
Eaton completes PDI acquisition
Mar 3, 2020
Power management company Eaton has announced it has completed the acquisition of Power Distribution, Inc. (PDI). Headquartered in Richmond, Virginia, PDI is a leading supplier of mission-critical power distribution, static … read more »
Mar 3, 2020
Siemens ranks No. 1 vendor for managing distributed energy resources
Mar 2, 2020
Market research firm Navigant Research has recently ranked Siemens Smart Infrastructure as a leading provider of distributed energy resources management systems (DERMS). The “Navigant Research Leaderboard: DERMS Vendors” report assessed … read more »
Mar 2, 2020
Heiner Markhoff Named Vice-President and CEO Grid Solutions at GE Renewable Energy
Feb 19, 2020
GE Renewable Energy has announced that Heiner Markhoff has been named vice-president and CEO of Grid Solutions, effective March 20, 2020. Markhoff has a track record of growth, transformation and … read more »
Feb 19, 2020
GE appoints new VP and CFO
Feb 13, 2020
GE has announced that Carolina Dybeck Happe will join the firm as Senior Vice President and Chief Financial Officer. Effective March 1st, Ms. Dybeck Happe will lead GE’s global finance … read more »
Feb 13, 2020
Siemens Q1 results show “solid” Gas and Power order intake
Feb 7, 2020
Siemens’ Gas and Power arm has reported a slight increase in revenue for the first quarter of the financial year. The Gas and Power arm reported: “Solid order intake, down … read more »
Feb 7, 2020
ABB confirms divestment of Power Grids business at the end of Q2 2020
Feb 7, 2020
ABB has confirmed that the divestment of its Power Grids business is “on track with closing expected at the end of the second quarter 2020”. According to ABB’s full-year and … read more »
Feb 7, 2020
CG Power Systems Belgium declared bankrupt
Feb 6, 2020
Belgian transformer manufacturer CG Power Systems Belgium has been declared bankrupt by courts in Mechelen. According to HLN, hundreds of workers stand to lose their jobs due to the decision, … read more »
Feb 6, 2020
Siemens makes two changes to management team
Feb 3, 2020
Siemens has made two changes to its management team, appointing Peter Körte as the new head of Strategy, while Michael Hagmann will come in to set up Siemens Energy’s Investor … read more »
Feb 3, 2020
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