NEMA Economic Analysis:
Katrina and
Rita Dent, but do not Derail, Economic Expansion
The combined economic effects of hurricanes Katrina and Rita may be the most severe and far reaching ever unleashed by a natural disaster in this nation in modern times. While the economy’s relatively strong momentum prior to these storms will likely enable it to absorb the adverse affects of related shocks to industries such as energy, petrochemical, and transportation, the forecast for economic growth has been altered. The impact of the aftermath of these hurricanes will be mixed for the electrical manufacturing sector. More
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Contracts | Mergers & Acquisitions | Personnel | Awards

Contracts
ABB
Wins $60 Million Order to Upgrade Power Plant in Kuwait
ABB has won a contract from the Kuwaiti government to refurbish a steam
power plant and help meet increasing demand for reliable supplies of power
and water. 10/7/05
The
West Clinic Selects IMPAC Medical Systems Oncology EMR
The West Clinic, a center of excellence for oncology, hematology, radiology,
and other advanced medical care, has selected IMPAC Medical Systems’
oncology-specific EMR for use at six sites in Tennessee and Mississippi.
10/6/05
ABB
Wins $52 Million Order for Rotterdam Terminal Automation
ABB has won an automation and electrical systems contract to serve the new
EUROMAX container terminal in Rotterdam, Holland. 10/5/05
Kodak
to Provide Worldwide Service for 3G Ultrasound’s Equipment
Eastman Kodak Company has signed a three-year agreement with 3G Ultrasound,
Inc., naming Kodak as the exclusive worldwide service provider for 3G’s
Sonalis ultrasound unit used in surgical procedures. 9/29/05
Milwaukee Brewers Renew and Expand Contract with Johnson Controls
Johnson Controls, Inc., has been awarded a multi-year contract by the
Milwaukee Brewers baseball team to continue its integrated facility
management services for Miller Park. 9/28/05
ABB to
Supply Turnkey Indoor Substation in Puerto Rico
ABB has won a $49 million order to supply a turnkey indoor substation to
help meet the increasing demand for energy on the Caribbean island of Puerto
Rico. 9/27/05
Schneider Electric Supplies Hong Kong Disneyland with Electrical Equipment
Schneider Electric has supplied Hong Kong’s new Disneyland theme park with
electrical equipment that distributes, controls, and manages the power
needed to run the entire park during its first year in operation. 9/26/05
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Mergers & Acquisitions
Siemens Acquires Assets of RVSI Acuity Cimatrix
Siemens Energy and Automation, Inc., has completed the acquisition of the
assets of RVSI Acuity CiMatrix, a division of Robotic Visions Systems, Inc.
10/6/05
Honeywell to Acquire Remaining Stake in UOP LLC Joint Venture
Honeywell has entered into a definitive agreement to acquire the 50 percent
interest in UOP LLC currently owned by Union Carbide Corp., a wholly owned
subsidiary of the Dow Chemical Company, giving Honeywell full ownership of
the entity. 10/4/05
GE
Healthcare to Acquire IDX Systems Corporation
GE Healthcare and IDX Systems Corporation have entered into a merger
agreement for GE to acquire IDX, a leading healthcare information technology
provider. 9/30/05
AREVA's FCI Connector Business to be Acquired by Bain Capital
Bain Capital has signed a definitive agreement to acquire FCI, AREVA's
connectors subsidiary. 9/29/05
Emerson Acquires Numatics
Emerson has acquired Numatics Inc., a leader in pneumatic control and motion
control products for industrial applications. 9/27/05
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Personnel
Belden
CDT Inc. Appoints Stroup President, CEO, and Director
John S. Stroup has been appointed president, chief executive officer, and
director of Belden CDT Inc. 9/29/05
IMPAC
Announces New Chief Executive Officer
IMPAC Medical Systems, Inc., has named James P. Hoey as president and chief
executive officer. 9/27/05
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Awards
Schneider Electric Receives Patriotic Employer Award
Schneider Electric’s North American Operating Division and Dave Petratis,
president and chief executive officer, have been awarded the Patriotic
Employer Award by the National Committee of Employer Support of the Guard
and Reserve (ESGR). 10/5/05
Two
Johnson Controls Executives Honored as Top Female Leaders in the Automotive
Industry
Susan Kampe and Carolyn Woznicki, were recently recognized on Automotive
News' list of 100 Leading Women in the North American automotive
industry. 10/4/05
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AD
Executive Committee Expresses Unanimous Support for IDEA
At its recent annual North American meeting, Affiliated Distributors,
the largest distribution network in North America, issued a position letter
to its affiliates in support of the Industry Data Exchange Association
(IDEA). 9/7/05
NEMA's
Electroindustry Stock Index Rebounds to New Record Level
NEMA’s Electroindustry Stock Index attained a record level of 249.9, a
gain of 12.0 percent for the third quarter of 2005, resurging from a second
quarter contraction of 7.1 percent. 9/5/05
NECA
Names NEMA Winner of the 2005 Industry Partner Award
The National Electrical Contractors Association has named NEMA the recipient
of the NECA Industry Partner Award “in recognition of decades of reciprocal
cooperation and the promise of ongoing mutual support and friendship.”
9/29/05
Business Confidence for Current Conditions Rises to Highest Level Since
April 2004
NEMA’s EBCI for current conditions in North America rose to 83.3
points in September, its highest level since April 2004. 9/27/05
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AMETEK
Solidstate Controls Offers Help in the Wake of Hurricane Katrina
AMETEK Solidstate Controls is taking a number of steps in response to damage
and unsafe conditions caused by Hurricane Katrina. 10/3/05
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NEMA
Welcomes Conclusion of U.S.-Oman Free Trade Negotiations
NEMA hails the announcement by the governments of Oman and the United States
that the two countries have finished negotiating a bilateral free trade
agreement. 10/3/05
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Energizer Supports Komen Breast Cancer Foundation with Special Offer
Energizer will employ its popular pink Energizer Bunny and its “Keep Going”
message in support of National Breast Cancer Awareness Month and the Susan
G. Komen Breast Cancer Foundation. 10/7/05
Mitsubishi Electric Power Products Celebrates 20th Anniversary
Mitsubishi Electric Power Products, Inc., celebrated its 20th anniversary in
the United States on October 7. 10/7/05
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