STMicroelectronics (Geneva) announced that it plans to close its Rancho Bernardo, CA, 6in front-end wafer-fabrication production and transfer the fab's products, processes and equipment to ST's manufacturing facilities in Carrollton, TX, and Singapore. The move is targeted for completion near the end of the first-quarter 2002 and affects approximately 330 employees in Rancho Bernardo, near […]
Avista Labs (Spokane, WA) announced its affiliate H2fuel LLC (Mt. Prospect, IL) is developing new technology that would greatly reduce the cost of producing hydrogen for use in fuel cells. The new membrane-based technology works by eliminating carbon dioxide and carbon monoxide from readily available fuels such as natural gas and propane, thus allowing the […]
Global Solar Energy LLC (Wheat Ridge, CO) has appointed Michael Gering as president of the company, effective October 22, 2001. Gering most recently served as president of Litton Industries' Advanced Systems Division, which was a manufacturer of threat warning systems for military aircraft, advanced electronic support measures and passive radar frequency detection systems for the […]
Artesyn Technologies Inc. (Boca Raton, FL) reported financial results for the third quarter ended September 28, 2001. Revenue for the quarter totaled $108.6 million, down from $182.5 million a year ago. The company incurred a cash loss for the quarter of $0.17 per diluted share, compared to cash earnings of $0.37 per diluted share in […]
Ericsson (Kista, Sweden) announced 2,000 redundancies in Sweden. This measure is in line with earlier announced plans to streamline the Ericsson organization in a response to a massive slow down in the telecommunications equipment market. This brings the total of workforce reductions in Sweden to 4,000 employees since the beginning of the program. The announcement […]
Proton Energy Systems Inc. (Rocky Hill, CT) held a ground-breaking ceremony at the Wallingford site of its future company location. Proton's new 100,000sqft facility is being built to accommodate its projected growth within the emerging alternative energy sector. The building will include Proton's corporate headquarters and space for manufacturing, research and product development activities. The […]
General Motors Corp. (GM, Detroit, MI) and Hydrogenics Corp. (Mississauga, ON) announced a strategic alliance to accelerate the development of fuel cell technology into global commercial markets. The alliance will include shared intellectual property rights and joint efforts in fuel cell product development, engineering, prototyping, testing, branding and marketing strategies. As part of the agreement, […]
Thermacore International (Lancaster, PA ) has been issued Patent Number 6302192 for its vapor chamber thermal-management technology. The vapor chamber is a...
Silicon Energy (Alameda, CA) and Sixth Dimension (Fort Collins, CO) announced an alliance to develop and market fully integrated solutions for large-scale,...
Vicor Corp. (Andover, MA) announced its financial results for the quarter ended September 30, 2001. Revenues for the quarter were $51,599,000 compared with $67,851,000 for the corresponding period a year ago. Net income and net income per share (diluted) were $122,000 versus $10,039,000 in 2000, and $0.00 versus $0.23 in 2000, respectively. For the nine […]
Business Communications Company Inc. (BCC, New York) has just completed a company-commissioned independent report entitled "Market Potential for Metal-Air Fuel Cells." The BCC report states, "Because of the long shelf life, stability, safety, drain time, energy density, power and environmentally benign character of aluminum-air fuel cells, they are positioned to take a significant market position […]
Gowanda Electronics (Gowanda, NY) announced the opening of its new 40,000sqft facility in New York. The new facility houses the company's worldwide headquarters as well as manufacturing, engineering, sales, product development and administration. "Our construction of this new facility demonstrates our commitment to the local community and to the global electronics marketplace," said David Schaack, […]
JDS Uniphase Corp. (Ottawa, Ontario) and Adept Technology Inc. (San Jose, CA) announced that they have signed definitive agreements to enter into an automation development alliance for component and module manufacturing. Through this alliance, Adept will be JDS Uniphase's development partner for automation processes and solutions, and JDS Uniphase will make an investment of $25.0 […]
Hydrogenics Corp. (Mississauga, ON) announced the appointment of Gary Brandt as CFO. Brandt brings over 20 years of financial experience, with the past 15 years in the telecommunications industry. Most recently, Brandt was CFO with @Link Networks (Louisville, CO). "Hydrogenics prides itself on depth of experience in its leadership team and Gary will be a […]
FuelCell Energy Inc. (FCE, Danbury, CT) received an order from PPL Spectrum Inc. (Allentown, PA) for the purchase of a 250kW Direct FuelCell (DFC) power plant slated for installation at the US Coast Guard Air Station Cape Cod located in Bourne, MA. The power plant will provide electricity and heating to the base, which includes […]