Business briefs [Electrical Apparatus]
(Electrical Apparatus Via Acquire Media NewsEdge) Plan to share information about counterfeits
ERAI of Naples, Fia., a source of risk assessment information related to counterfeit electronics and high-risk parts in the electronics supply chain, and the UK Electronics Alliance (UKEA), a consortium of trade associations representing the UK electronics sector, have reached an agreement to share information on counterfeit and high-risk parts.
ERAI and the UKEA will swap information from their respective online suspected counterfeit parts databases so that both databases will contain thousands of documented suspect counterfeit reports, according to ERAI. The manufacturer's name, the part number, and the date the part was originally reported will be shared, but further information such as the date code and how to confirm that the part is counterfeit will be accessible only from the originator's database.
The transfer of information from ERAI to the UKEA's www.anti counterfeitingforum.com Web site has already been completed. It includes links from each entry to the ERAI database to enable ERAI's subscribers to view the original entry with a single click.
ABB reports 26% rise in annual U.S. revenues
Swiss manufacturer ABB, the global supplier to the power and automation industries, reported recently that U.S. revenues rose 26% to a record $6.7 billion in 2012. The growth was boosted "by acquisitions and strong organic growth as industrial clients increase productivity and utilities modernize power grids," according to the company.
Organic order growth reached 12% in 2012 as U.S. industrial customers ordered more products such as robots, instruments, motors, and low-voltage products to increase productivity and energy efficiency, according to ABB. Utilities invested in new high-voltage transmission lines to upgrade the power grids and added Smart Grid products to offer new services and integrate enterprise with operational data.
ABB has invested about $10 billion in its U.S. operations over the past three years and has more than doubled its revenues since 2007. Meanwhile, ABB's U.S. work force has grown to nearly 20,000 from 8,700. For North America as a whole, including Canada and Mexico, revenues have also more than doubled in the past five years, to $8.5 billion, and the number of employees has risen to more than 27,000, from 11,300.
Regal 's annual net sales rise 12.8%
Regal, the electrical manufacturer based in Beloit, Wis., reports that net sales for fiscal 2012 were $3.2 billion, a 12.8% increase over fiscal 201 l's net sales of $2.8 billion. The increase reflected price increases of about 0.6% to offset increased materials costs, an approximately 7.9% decrease related to volume and mix changes, and a decrease from foreign currency translation of about 1 .2%.
In the electrical segment, net sales for fiscal 2012 were $2.9 billion, a 13.3% increase over fiscal 201 l's net sales. Fiscal 2012 net sales for the electrical segment included $537.2 million of incremental net sales related to recently acquired businesses.
Regal manufactures a wide range of electrical products and power system components, including motors, drives, generators, bearings, and insulating materials.
Graybar opens one branch, expands another
St. Louis-based Graybar, the distributor of electrical, communications, and data networking products as well as related supply chain management and logistics services, has announced the opening of a new branch in Williamsport, Pa., and the addition of a customer counter and on-site inventory to its existing location in Hudson Valley, N.Y.
The Williamsport branch is the fourth location Graybar has opened this year. Led by branch manager Mike Schaefer, the branch supports industrial, commercial, and construction customers in Clinton, Columbia, Lycoming, Montour, Northumberland, Sullivan, Bradford, Tioga, and Union counties and the Marcellus Shale region.
The expanded sales office in Hudson Valley, led by branch manager Ginger Jett, will serve the Hudson Valley region of Westchester, Ulster, Putnam, Rockland, Sullivan, Orange, and Dutchess counties.
Grainger's year-over-year February sales up 6%
Chicago-based industrial distributor W.W. Grainger has reported a 6% year-over-year increase in sales for February 20 1 3. The growth has decelerated from the prior-month increase of 8% and is onethird of the company's highest growth rate of 18%, achieved in the same period last year, according to the company.
The growth in February sales stemmed from higher volumes (4%) and prices (2%) and from acquisitions (1%). This growth was partially offset by a 1% decline from foreign exchange.
Capacitor manufacturer earns CSA certification
FRAKO, a capacitor manufacturer based in Cedarburg, Wis., has obtained Canadian Standards Association certification for its a-c capacitors. Along with CSA approval, the line is now also UL-recognized and complies with IEC standards. FRAKO capacitors are built and recommended for use in fixed or automatic power factor correction systems and harmonic filters. The environmentally friendly and dry-type construction is PCB-free, and the devices can be mounted vertically as well as horizontally.
IRD earns ISO 9001:2008 certification
IRD LLC of Louisville, Ky., the manufacturer of balancing machines, instruments, sensors, and core loss testers, has been approved for registration to ISO 9001:2008 management systems, standards, and guidelines. The registration covers the manufacture, supply, and servicing of precision test equipment and peripherals for use with rotating apparatus.
IPS service center earns SKF certification
A service center of Integrated Power Services in Rock Hill, S.C., has been awarded recognition as an SKF Certified Electric Motor Rebuilder. The facility joins IPS facilities in Shreveport, La., Denver, and Pittsburgh previously certified in providing motor repair service for SKF, the Swedish bearing manufacturer. To earn the certification, IPS employees completed training in motor failure analysis, bearing installation, lubrication systems, and condition monitoring. Certified shops must meet SKF standards in all areas of motor repair and are regularly audited to assure compliance.
Edited by Kevin Jones
Bosch Rexroth expanding in South Carolina
Bosch Rexroth, the manufacturer of drives and controls with U.S. operations based in Charlotte, N.C., is investing $80 million over five years to expand production at a new campus in Fountain Inn, S.C., and convert an existing 260,000-square-foot facility that will initially produce one of the company's lines of hydraulic pumps. The pumps are used in such applications as mobile construction and agricultural machinery, mining, and materials handling, as well as in heavy industries such as steel and automotive production. Pictured is production in progress at the Fountain Inn facility. -Bosch Rexroth photo
(c) 2013 Barks Publications
[ Back To TMCnet.com's Homepage ]