ZAP (Sebastopol, CA) opened an electric scooter store in San Rafael, CA, which features folding electric scooters, moped-class electric scooters, electric bicycles and an indoor track that offers test rides and amusement rides on the future of transportation. Dennis Mentelos, manager of a ZAPPYLAND store in Santa Rosa, CA, commented that the indoor tracks are […]
Exide Technologies (Princeton, NJ) announced that it has signed an agreement to supply a full line of automotive batteries to STS Tire and Auto Centers, including the Exide Premium60. Exide Technologies will service the STS stores through its extensive customer service network. "Our new alliance with STS Tire and Auto Centers, along with the continued […]
UCAR International Inc. (Wilmington, DE) announced that the company's stockholders approved the change of the company's name to GrafTech International Ltd. at its annual meeting of stockholders. The name change was previously approved by the board of directors and is now effective. "We believe the name GrafTech International Ltd. more accurately reflects our new emphasis […]
UCAR International Inc. (Wilmington, DE) announced that the closing of its $150.0 million private offering of additional senior notes due 2012 was completed. The issue price of the additional senior notes was 104.5 percent of the principal amount, plus accrued interest, with the first semi-annual interest payment due August 15, 2002. The additional senior notes […]
Modine Manufacturing Co. (Racine, WI) reported fourth-quarter net earnings of $5.0 million, or $0.15 per fully diluted share, and $254.6 million in revenue for the period ending March 31, 2002. Compared to the prior year, revenue decreased 6.2 percent and net earnings decreased 2.9 percent. Sales for the full year declined by 4.2 percent to […]
ON Semiconductor LLC (Phoenix, AZ) announced that it, and its primary domestic operating subsidiary, co-issued $300.0 million aggregate principal amount of senior secured notes pursuant to a Rule 144A/Regulation S offering. The senior notes were priced at 96.902 percent of value, with a coupon of 12 percent, subject to adjustment under certain circumstances. The notes […]
Maxwell Technologies Inc. (San Diego, CA) announced the introduction of new low-cost, high-durability, large-cell ultracapacitors designed specifically to meet the energy storage requirements of the transportation and industrial markets. The 2,700-farad TC2700 is the first of a family of new products based on proprietary material science and a simplified design that dramatically reduces manufacturing costs […]
Manhattan Scientifics Inc. (Los Alamos, NM) and Aprilia SpA (Italy) unveiled a new fuel-cell-powered scooter at the International Paris Fair. The scooter...
More than 30 fuel cell industry leaders will exhibit at the 2002 Congressional Fuel Cell Expo scheduled for May 20, 2002, from 10:00 a.m. to 2:00 p.m. in the Cannon Caucus Room of the Cannon House Office Building on Capitol Hill in Washington, DC. The expo is free and open to the public, and no […]
American Electric Power (AEP) and City Public Service (CPS), the municipal electric utility for San Antonio, Texas, dedicated the Desert Sky Wind Farm in West Texas. The Desert Sky Wind Farm, previously known as Indian Mesa and Clear Sky, includes 107 wind turbines, each capable of generating 1.5MW of electricity for a total project capacity […]
International Rectifier Corp. (IR, El Segundo, CA) introduced its new IRF7341Q, IRF7314Q and IRF7103Q dual-HEXFET MOSFETs in the SO-8 package rated for repetitive avalanche up to a maximum junction temperature of 175 degrees C. The new MOSFETs save up to 70 percent space and are designed for automotive power systems and other low-current applications. The […]
Siliconix Inc. (Santa Clara, CA) announced net income of $8.2 million, or $0.27 per share, for the first quarter ended March 30, 2002. This compares to net income of $10.2 million, or $0.34 per share, in the first quarter of 2001, but represents a significant improvement over the net income of $649,000, or $0.02 per […]
Microsemi Corp. (Irvine, CA) announced that its Integrated Products business unit has been certified as meeting the requirements defined in the QS 9000 quality system standards used in the automotive industry. "We were particularly motivated to pursue QS 9000 certification because our RangeMAX lighting power management and AudioMAX Class D audio products are finding their […]
Diodes Inc. (Westlake Village, CA) reported financial results for the first quarter of fiscal year 2002 ended March 31, 2002. Revenues for the first quarter of 2002 were $26.9 million, a sequential increase of 4.4 percent from the fourth quarter of 2001, and an increase of 4.6 percent from the first quarter of 2001. Net […]
General Motors Corp. (Detroit, MI) demonstrated what it believes is the world's first drivable fuel cell vehicle that extracts hydrogen from gasoline to produce electricity. The demonstration used a fuel-cell-powered Chevrolet S-10 pickup truck. The S-10 pickup was equipped with a fuel processor that reforms low sulfur gasoline though a series of chemical reactions. GM […]