NEWS

For our visitors who seek the latest industry news and updates to keep abreast with the goings-on of the business on a global scale, Plant Automation Technology portal grants a dynamic and diverse feed of news items.

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U.S. conglomerate General Electric Co said it signed $157 billion in transactions in 2015 as part of its efforts to divest most of its finance business, GE Capital. The company also said it has closed transactions of $104 billion, more than half of the target set while announcing its plans…

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German industrial group Siemens has signed key agreements with Iran for development of the country's railway infrastructure, said a report. As per the agreement, the global technology powerhouse will help Iran in the electrification project of Tehran-Mashhad railroad, besides the construction of Tehran-Isfahan high-speed railway and maintenance of 500 passenger…

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Det-Tronics releases SmokeWatch smoke detector that has explosion-proof rating for Class I / Division 1 Locations, 0-20mA and relay outputs, and IP44 ingress protection. The device is certified to FM 3230, the standard in smoke detection performance. The photoelectric operation and signal processing features of the detector are an enhanced…

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Fuji Electric Corp. of America has announced that they have begun manufacturing their FRENIC-HVAC Combination Variable Frequency Drives (VFD) in the company’s new factory in Roanoke, VA in order to reduce turnaround time and customize panels to suit customers’ individual applications. The complete series includes 208V, 460V and 575V panels…

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Hanon Systems, a leading global provider of automotive thermal solutions, plans to launch a new U.S. manufacturing facility in Carey, Wyandot County, Ohio. Located in Northwest Ohio, the newly-leased facility will support the company's growing business with global vehicle manufacturers. The facility, which is expected to begin production in mid-2017,…

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The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks , according to a proprietary formula designed to identify those stocks that combine two important characteristics - strong fundamentals and a valuation that looks inexpensive. National Instruments Corp. (Symbol: NATI) presently has an above average…

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Memphis-based Mueller Industries Inc. is planning to build a copper tube mill in Bahrain. The company has finalized a joint venture agreement with Cayan Ventures and Bahrain Mumtalakat Holding Company to build the mill. Mueller (NYSE: MLI) will invest approximately $5.5 million of cash and will be the technical and…

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WiLAN announced that the Company's subsidiary, Automation Middleware Solutions, Inc., has entered into a patent license agreement with Yokogawa Electric Corporation for technology related to the automation of industrial facilities, including manufacturing plants and refineries. This patent portfolio was acquired through a licensing partnership with a top industrial development company…

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The emergence of global smart grid projects is widening the usage scope of supervisory control and data acquisition (SCADA) systems in energy and utility industries. Some of the main areas of application for these systems are outage management, demand forecasting and analytics, and the single biggest market; the electric power…

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GE has been awarded a landmark contract valued at nearly US$1 billion for the engineering, construction and provision of gas turbine services for the Waad Al Shamal combined cycle power plant of Saudi Electricity Company (SEC). Scheduled for completion in 48 months, the plant will support the phosphate mining operations…