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Enodis
Deal Delayed
The
boards of Enodis and Manitowoc has delayed the
posting of the "Scheme Document relating to the
Offer" that Manitowoc made to purchase Enodis. The
delay was approved by the panel overseeing the
proposed buyout. The two companies said that a
further announcement will be made in due
course.
In late May, the board of directors
for Enodis Plc, Tampa, Fla., agreed to support a
buyout bid from The Manitowoc Co. of Manitowoc,
Wis. The deal is expected to be worth about $2.4
billion. Read
more...
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Whirlpool
Named to Lists of Most Ethical and Most Respected
Companies
Whirlpool Corporation was recently named one of
the World's Most Ethical Companies by the Ethisphere
Institute and one of the Top 25 Most Respected U.S.
Companies by the Reputation Institute.
"We are
proud to be recognized by Ethisphere Institute as one of
the world's most ethical companies and by the Reputation
Institute as one of the most respected U.S. companies,"
said Jeff M. Fettig, Whirlpool Corporation's chairman
and CEO. Read
more...
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Appliance
Energy Consumption Declines Dramatically
The Association of Home
Appliance Manufacturers (AHAM) has released new data
based on 2007 shipments of major appliances,
highlighting dramatic decreases in home appliance energy
consumption since 2000. Refrigerators, dishwashers and
clothes washers account for a 43% combined decrease in
energy consumption since 2000. From a global
climate change perspective, the energy savings realized
in 2007 shipments of refrigerators, dishwashers and
clothes washers would offset the CO2 emissions of more
than 698 million gallons of gasoline consumed or the
annual CO2 emissions from 1.3 coal fired power
plants.
Read
more... | |
GE
CEO Names Five Potential Bidders for Appliance
Business
General Electric Co.'s CEO
Jeff Immelt has named five non-U.S. appliance
manufacturers as potential bidders for the company's
appliance businesses, according to a Reuters report. The
companies are China's Haier, South Korea's LG
Electronics, Sweden's Electrolux, Mexico's Controladora
Mabe and Turkey's Arcelik. According to the report,
Immelt says that it was "obvious" who would be
interested in the unit, which last year sold $7.2
billion worth of refrigerators, washing machines and
other household appliances. Read
more...
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ADVERTISEMENT
Microchip Development
Tools Giveaway
+ Motor Control Design
Ideas!
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The
'Invisible' U.S. Energy Efficiency
Boom
It's the U.S.
energy boom that no one knows about. Energy
efficiency may be the farthest-reaching,
least-polluting, and fastest-growing energy
success story of the last 50 years. But it also is
the most invisible, the least understood, and in
serious danger of missing out on needed future
investments.
In the first attempt to
quantify the overall impact of the hidden U.S.
energy efficiency boom, a major new report from
the American Council for an Energy-Efficient
Economy (ACEEE) shows that U.S. energy consumption
(as measured per dollar of economic output) will
have been slashed by the end of 2008 to half of
what it was in 1970, from 18,000 Btus to about
8,900 Btus. Read
more...
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UVC,
Turbine Cooling Included in New ASHRAE Handbook
New chapters related
to ultraviolet lamp systems and combustion turbine
inlet cooling are featured in ASHRAE's new 2008
Handbook volume.
HVAC Systems and Equipment
discusses systems and the equipment that comprise
them, including features and differences. It is
designed to help system designers and building
operators select and use equipment. It contains 48
chapters. Read
more ...
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