IDEA: Embracing Technology to Improve
Business
Q: Where do you
turn for proven business data and business-to-business solutions that
drive down supply chain costs, slash cycle times, and enhance customer
satisfaction?
A: To IDEA (Industry Data Exchange Association), an industry-backed leader in e-commerce solutions,
provides a service suite that maximizes supply chain efficiencies for
companies, allowing them to conduct business electronically with 100
percent of their suppliers, customers, and strategic partners.
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Contracts | Mergers & Acquisitions | Personnel | Awards

Contracts
Kodak
Selected as Main Supplier in Finnish e-Health Project
Eastman Kodak Company’s health group has been selected as the main supplier
of the RATU e-health project in Northern Finland. 10/20/05
Voith
Paper Automation Signs OEM Agreement with Rockwell Automation
Voith Paper Automation recently announced a global original equipment
manufacturer alliance with Rockwell Automation Inc. 10/19/05
ABB
Wins Major Contract for Thai Oil Refinery
ABB has won a
contract worth more than $100 million from Thai Oil Public Company Ltd. to
revamp existing facilities and install new production units at the Sriracha
oil refinery on the Gulf of Thailand. 10/13/05
Siemens to Improve Security, Traffic Management System for U.S.-Canadian
Bridge
Siemens Building Technologies, Inc., and Windemuller have been awarded a
$1.3 million contract by the Joint International Bridge Authority Board of
Directors to provide security and traffic management system improvements for
the Sault Ste. Marie International Bridge. 10/11/05
GE's
New-Generation Nuclear Reactor Chosen for Two Proposed Projects
The U.S. utility industry has announced plans to prepare license
applications to build a new generation of nuclear reactors at three sites in
Mississippi, Alabama, and Louisiana, with two projects featuring GE Energy's
advanced reactor design, the Economic Simplified Boiling Water Reactor.
10/11/05
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Mergers & Acquisitions
Johnson Controls to Assume Ownership of Detcon S.A.
Johnson Controls has announced plans to purchase the remaining interest in
its Argentinean joint venture, Detcon S.A. 10/21/05
Schneider Electric Agrees to Acquire Citect
Schneider Electric’s main
Australian subsidiary and Citect have signed a merger
implementation agreement. 10/20/05
Eaton
Acquires Assets of Pringle Electrical
Diversified industrial manufacturer Eaton Corporation has acquired the
principal assets of one of its suppliers, Pringle Electrical Manufacturing
Company, a manufacturer of bolted contact switches and other specialty
switches. 10/18/05
General Cable Corporation to Acquire Wire and Cable Manufacturing Business
of SAFRAN SA
General Cable Corporation has reached an agreement in principle to acquire
the wire and cable manufacturing business of SAFRAN SA. 10/14/05
Eaton
to Purchase Aerospace Division of PerkinElmer, Inc.
Diversified industrial manufacturer Eaton Corporation has announced that it
has reached agreement with PerkinElmer, Inc., to purchase its aerospace
division for $333 million. 10/12/05
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Personnel
New
Head for GE China
General Electric has named Steve Bertamini as president and chief
executive officer of GE China, succeeding Steve Schneider, who was promoted
to command GE Energy's global energy products operations. 10/19/05
Emerson President to Retire November 1
Emerson President James G. Berges will retire from the
company effective November 1, 2005, to pursue a number of personal interests
outside of Emerson. 10/14/05
O'Toole to Retire as A. O. Smith CEO; Jones Named Successor
Robert J. O'Toole has decided to
retire as A. O. Smith's chairman and CEO at the end of the year,
capping a career of more than 42 years with the company. 10/14/05
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Awards
Chemical Industry Professionals Name Emerson Best Provider of Process
Management Technology
Emerson Process Management has been named the “best
technology provider” of process management products in seven categories in
Chemical Processing magazine's second annual Readers' Choice Awards.
10/20/05
Johnson Controls Recognized for Efforts in Developing Diverse
Suppliers
For its outstanding efforts in developing diverse suppliers, Johnson
Controls has been awarded 2005 “Corporation of the Year” honors from the
Michigan Minority Business Development Council. 10/12/05
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Brightest IDEA Award Recipients Announced
The Industry Data Exchange Association, an industry owned e-commerce
solutions provider, announced that Liz Norman of Siemens Energy and
Automation and Tammy Paters of Werner Electric Supply have won the Brightest IDEA Award.
10/17/05
NEMA
Convenes Coalition for Understanding Commercial Building Tax Deduction
NEMA recently convened a coalition of organizations interested in educating
the community about the commercial buildings tax deduction provision of the
Energy Policy Act of 2005 and promoting its proper implementation and use.
10/17/05
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Thomas
& Betts Assists Victims of Hurricane Katrina
Thomas & Betts and its employees contributed over $110,000 to the
American Red Cross in support of relief efforts for the victims of Hurricane
Katrina. 10/18/05
Commerce Secretary Announces Hurricane Contracting Information Center
The Department of
Commerce has created the
Hurricane Contracting Information Center,
which will help U.S. businesses, especially minority, women, and small
businesses participate in the Gulf Coast rebuilding efforts. 10/12/05
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Johnson Controls and Saft to Form Joint Venture for Hybrid Vehicle Batteries
Johnson Controls and Saft have signed
a memorandum of understanding to form a joint venture for advanced
technology batteries to accelerate their participation in the hybrid vehicle
market. 10/18/05
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