IPL is funding the project, in part, through a $20 million smart grid investment grant from the Department of Energy (DOE) through the American Reinvestment and Recovery Act.
The plant will produce medical guide wires that combine the company’s core expertise in Nitinol processing technology with value-added extrusion, coating, and assembly operations for medical device companies.
These adhesives are suitable for applications subject to harsh environments, such as high-power LEDs or satellites, and are ideal for both concentrator photovoltaics and flat-panel designs.
To transition the Energy Star labeling program away from self-certification, EPA will now require third-party certification of all qualifying product information. In June, EPA finalized requirements for accreditation bodies and laboratories that seek recognition by the ENERGY STAR program. In late July, EPA released final draft requirements for certification bodies; those requirements will be final in mid-August.
This transaction follows Carrier's exit over the last year from the North American commercial refrigeration segment as part of its strategy to increasingly focus on its core growth platforms.
