Industry NewsNEMA NewsStandardization Trends

New Energy Tax Incentive Available January 1, 2006; Coalition Website to Provide Array of Related Information

The Commercial Building Tax Deduction Coalition, convened by NEMA, has set up a website to provide information and guidance on how the new tax incentive contained in the Energy Policy Act of 2005 works. The website promotes the provision’s proper implementation and use, and keeps the community informed about the activities of the coalition. More...

Contracts | Mergers & Acquisitions | Personnel | Awards


Russian Cancer Center to Initiate Advanced Treatments with Varian Medical Systems Equipment
Samara Oncology Center in Russia is moving to initiate advanced cancer treatment programs, including image-guided radiation therapy, using new equipment ordered from Varian Medical Systems. 12/30/05

St. Vincent’s Medical Center Upgrades to Next-Generation IDX Carecast
IDX Systems Corporation has signed an agreement with St. Vincent’s Medical Center to upgrade to the IDX Carecast enterprise clinical system. 12/27/05

Daktronics Technology to Illuminate the NCAA College World Series at Rosenblatt Stadium
Daktronics, Inc., will design and manufacture an integrated scoring and video system for Rosenblatt Stadium in Omaha, Nebraska, the long-time home of the College World Series. 12/27/05

Siemens Building Technologies Receives $50 Million Order for Security and Communications Systems
Pacific Texas Pipeline and Transportation Company has awarded Siemens Building Technologies a contract to design and build the security and communications systems for the first construction phase of the Pacific Texas Products Pipeline, which will move gasoline, diesel, and jet fuel from El Paso, Texas, to Phoenix. 12/21/05


Mergers & Acquisitions

Dresser-Rand Acquires Aker Kvaerner's Interest in Multiphase Power and Processing Technologies
Dresser-Rand Company has acquired Aker Kvaerner's 50 percent interest in Multiphase Power and Processing Technologies. Dresser-Rand now owns 100 percent interest in the venture. 1/03/06

General Cable Completes Silec Acquisition
General Cable Corporation, a leading global supplier of wire and cable products for the energy, specialty, industrial, and communications markets, has completed its acquisition of the Silec energy cable business of SAFRAN SA. 1/03/06

Texas Instruments to Acquire Chipcon
Texas Instruments will acquire Chipcon, a leading company in the design of short-range, low-power wireless radio frequency transceiver devices. 12/22/05

Power Measurement to Operate Under the Schneider Electric Name
Power Measurement, acquired by Schneider Electric in 2005, will operate as a global power monitoring and control group under the Schneider Electric name. 12/21/05

Honeywell Offers to Acquire First Technology for $555 Million
Honeywell reached an agreement with the board of directors of First Technology plc on the terms of a recommended all-cash offer for the entire issued ordinary share capital of First Technology. 12/20/05

IDX Systems Corporation Shareholders Approve Merger with GE
IDX Systems Corporation has announced that its shareholders have approved the proposed merger with General Electric Company. 12/20/05



Welch Allyn President and CEO Announces Leadership Transition
Welch Allyn President and Chief Executive Officer Peter H. Soderberg has announced a leadership transition at the global manufacturer of frontline medical products and solutions, saying that he will be stepping down on March 5, 2006. 12/30/05

Graftech Announces Change in Principal Officers
Corrado F. DeGasperis recently resigned as vice president, chief financial officer, and chief information officer of GrafTech International Ltd. 12/20/05



Blackwell Named One of 77 "Women Worth Watching"
Jean Blackwell, executive vice president and chief financial officer of Cummins Inc., has been named one of 77 “Women Worth Watching” by Profiles in Diversity Journal, a bi-monthly magazine that focuses on diversity in business, government, non-profit, higher education, and military settings. 12/29/05

DuPont Employee Recognized as 2005 Black Achiever
Glenda Brewington of DuPont Finance was recently recognized as a 2005 Black Achiever during the 17th Annual Black Achievers in Business and Industry Awards program ceremony. 12/28/05

Lutron Electronics Receives 2005 Innovation Award
Home Builder Executive newsletter has awarded Lutron Electronics first place in the whole-home lighting controls category of its 2005 Innovation Awards. 12/23/05

Iteris Receives Yankee Cup Award at the 2005 Boston Auto Show
Iteris Inc., a leader in the development of vision-based technology that enhances driver safety, recently received the Yankee Cup Award at a ceremony held at the 2005 Boston Auto Show for its Lane Departure Warning technology. 12/23/05

Philips Medical Ranks No. 1 for Seventh Straight Year in Patient Monitoring
Customers ranked Philips Medical Systems number one in overall service performance and number one in overall manufacturer satisfaction in the 2005 IMV ServiceTrak Patient Monitoring Systems survey for the seventh consecutive year. 12/19/05


NEMA’s EBCI Declines for Third Straight Month
NEMA’s Electroindustry Business Confidence Index for current North American conditions dropped to 58.3 points in December from 65.4 a month ago. 12/23/05

NEMA Says House-passed Imaging Cuts will Harm Patients; Calls for Senate to Reject Cuts
Reductions in Medicare reimbursement for medical imaging that were included in the U.S. House budget reconciliation legislation passed recently pose a serious threat to patient access. NEMA called for the Senate to reject the imaging cuts. 12/20/05


NEMA Releases First Revision of Magnet Wire Standard
NEMA has published MW 1000-2003, Revision 1, 2005, Magnet Wire, the first revision of this publication, which was reformatted in 2003. 12/27/05


January 3, 2006
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