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Virginia Transformers celebrates 50th year

Sep 6, 2021
Roanoke-based Virginia Transformer Corporation (VTC) has celebrated its 50th year of operations. Virginia Transformers has gone from producing small power transformers to become the largest United States-based power transformer OEM … read more »
Sep 6, 2021

Board of thyssenkrupp Steel Europe resolves contract extension for Bernhard Osburg

Sep 1, 2021
The Supervisory Board of tk SE AG has resolved the extension of Bernhard Osburg’s appointment as member of the Executive Board of thyssenkrupp Steel Europe for another five years until … read more »
Sep 1, 2021

Nynas AB appoints three new directors

Aug 24, 2021
Nynas AB has appointed three new members to the board of directors. At an Extraordinary General Meeting in Nynas AB, the following new directors of the board were appointed by … read more »
Aug 24, 2021

New shareholder in Nynas

Jul 29, 2021
Davidson Kempner Capital Management LP had acquired the entire equity stake (49.9%) of Nynas AB. Nynas AB confirms that a binding agreement has been signed by an investment vehicle managed … read more »
Jul 29, 2021

Do you need a translator when you talk with buyers?

Jul 29, 2021
Discover how marketing translates your message when you are talking with a buyer. A guest post by Samuele Barrili, Founder of Marketing Interim Managers LLC. I know that it seems … read more »
Jul 29, 2021

Hitachi ABB Power Grids to become Hitachi Energy

Jul 5, 2021
Hitachi ABB Power Grids has announced that it will be changing to become Hitachi Energy from October 2021. The decision to change the name has board and shareholder consent and … read more »
Jul 5, 2021

Hitachi ABB Power Grids and BW Ideol to collaborate on offshore substations

Jun 24, 2021
Hitachi ABB Power Grids has announced it has signed a memorandum of understanding with BW Ideol to provide market-ready floating substation solutions.  The collaboration between the two companies, a first … read more »
Jun 24, 2021

Yunnan Transformer Electric holds relocation ceremony

Jun 16, 2021
Yunnan Transformer Electric Co., Ltd. has held a ceremony to put into operation its relocation and expansion project, with more than 500 employees attending. Nowadays, Cloud Transformer has a construction … read more »
Jun 16, 2021

GE-Prolec to purchase SPX Transformer Solutions

Jun 10, 2021
SPX Corporation has announced that SPX Transformer Solutions is to be sold to GE-Prolec Transformers for $645 million. SPX has entered into a binding agreement to sell 100% of the … read more »
Jun 10, 2021

Siemens Energy and Mitsubishi Electric sign MoU on clean high-voltage power transmission

Jun 9, 2021
Siemens Energy and Mitsubishi Electric have signed a Memorandum of Understanding (MoU) to conduct a feasibility study on the joint development of high-voltage switching solutions with zero global-warming potential (GWP) … read more »
Jun 9, 2021

Protests by Trafomec workers after silence from company

Jun 2, 2021
Workers at Italian transformer manufacturer Trafomec have demonstrated in front of the company gates as a result of a breakdown in talks with the union. Workers protested against what they … read more »
Jun 2, 2021

Why does your technical dept need the help of marketing?

May 31, 2021
The following article was contributed by Samuele Barrili, CEO and founder of Marketing Interim Managers. Here in the world of the electromechanical industry where technicians talk using technical words no … read more »
May 31, 2021