ON Semiconductor Corp. (Phoenix, AZ) announced that it and its wholly owned subsidiary, Semiconductor Components Industries LLC, have commenced an offer to exchange $200 million aggregate principal amount of their registered 12% senior secured notes due 2010 for any and all outstanding unregistered 12% senior secured notes due 2010. The exchange offer commenced on May […]
UQM Technologies Inc. (Frederick, CO), a developer of alternative energy technologies, announced that it has received an order from Ballard Power Systems...
Lithium Technology Corp. (LTC, Plymouth Meeting, PA), an early production stage rechargeable lithium battery manufacturer, announced that it has begun the process to effect a reverse stock split. The company believes that the split will make its capital structure more attractive to investors. The reverse stock split, in an exchange ratio to be approved by […]
Linear Technology Corp. (LTC, Milpitas, CA) announced the LT3431, a high-voltage, constant-frequency, step-down, switching regulator that utilizes a 3A internal switch. The...
Ford Motor Co. (Dearborn, MI) introduced a new hybrid vehicle, the Escape Hybrid SUV, which will begin low-volume fleet production at year's...
WaveCrest Laboratories LLC (Sterling, VA) introduced an electric motor that would use software to control automobiles similar to the computer systems that...
General Motors Corp. (Detroit, MI) will soon generate electricity with fuel cells for Dow Chemical Co. (Midland, MI), a bid to gain experience with the technology that could eventually power most automobiles. The deal, which will benefit both companies, is the largest commercial application of fuel cells to date. Under the plan, GM will provide […]
Quantum Fuel Systems Technologies Worldwide Inc. (Irvine, CA) announced that it has developed and delivered proprietary, lightweight, hydrogen fuel storage and delivery systems for Suzuki Motor Corp.'s Fuel Cell Vehicle Program. Quantum was commissioned by Suzuki to design and integrate hydrogen fuel systems that incorporate Quantum's proprietary, ultra-lightweight, all-composite, TriShield™ hydrogen tanks and its patented […]
Modine Manufacturing Co. (Racine, WI) reported notable improvement in its financial results for the fourth quarter and fiscal year ended March 31, 2003. Sales for the fourth quarter increased 7.6% to $272.6 million from $253.4 million reported a year ago. Net earnings for the quarter improved significantly to $8.1 million, or $0.24 per fully diluted […]
EaglePicher Technologies LLC (Joplin, MO) announced two leadership appointments in its Power Division, Darrell Ideker as director of the Space business, and John Bennett as director of the Defense business. Both men will report to Louis Lupo, vice president/general manager of the Power Division. Ideker comes to this position with nearly 15 years of prior […]
Cummins Inc. (Columbus, IN) announced that Richard Harris has joined the company as Vice President – Treasurer. Harris brings extensive international experience in banking and treasury, strategic equity investing, forecasting, and other treasury-related activities. He will succeed Donald Trapp, who has been named Vice President of Business Development.
The customer and partner of Ballard Power Systems Inc. (Vancouver, BC< Canada), DaimlerChrysler Corp. (Detroit, MI), delivered the first zero-emission, Mercedes-Benz Citaro Bus powered with a Ballard® fuel cell engine to public transport authorities in Madrid, Spain, as part of the European Fuel Cell Bus Project. This is the first of 30 Citaro buses equipped […]
The Automobile Club of Southern California has installed 1,534 solar panels on part of its landmark headquarters complex as part of an ongoing effort to reduce energy dependency. The panels will produce about 100kW, or up to 10%, of the complex's electrical needs. PowerLight Corp. (Berkeley, CA) produced and installed the solar panel project. "We […]
Allegro MicroSystems Inc. (Worcester, MA) announced the release of the A3940, a new power MOSFET pre-driver IC for large brush dc motors....
DaimlerChrysler Corp. (Auburn Hills, MI) reported that its Chrysler Town and Country Natrium, a fuel cell concept vehicle running on clean, nonflammable and recyclable sodium borohydride fuel, participated in a ride-and-drive display program at the Pentagon. The program took place April 21 as part of Earth Day celebrations. The US armed forces have expressed interest […]