Baldor Electric Co. (Fort Smith, AK) announced sales and earnings for the fourth quarter of 2000 and record sales and earnings for fiscal year 2000. Baldor reported sales of $621.2 million, up six percent from fiscal 1999. Earnings were a record $46.3 million, also up six percent over 1999. Earnings per share were up thirteen […]
At the 2001 Drives and Controls Exhibition, Portescap (Switzerland) will be devoting its stand entirely to the range of new products which they introduced in recent months. These include an 8mm-diameter motor that they claim delivers 50 percent more torque than other motors of similar size, as well as a range of miniature planetary gearboxes, […]
Yaskawa Electric America Inc. (YEA, Waukegan, IL) has assumed ownership and operation of the MagneTek drive products business unit in New Berlin, Wisconsin, formerly a part of the Drives & Systems group of MagneTek Inc. (Nashville, TN). This unit sells, modifies and services general purpose and high-performance ac drives. MagneTek will retain the industrial controls […]
The California Air Resources Board (CARB) has certified a turbine engine developed by Capstone Turbine (Chatsworth, CA) for use in commercial hybrid-electric vehicles. Using a CARB-approved test cycle for testing emissions of microturbine systems, the nitrogen oxide (NOx) emissions of the 30kW Capstone MicroTurbine is 0.26 grams per brake horsepower-hour using compressed natural gas and […]
Darnell.Com Inc. (Corona, CA) announced the signing of a strategic partnership agreement with Shenzhen IC-Net Co., a leading Chinese e-commerce company specializing in integrated circuits, semiconductors and related electronic products under the auspices of the China Electronics Chamber of Commerce (CECC) and the Chinese Ministry of Information Industry (MII). The terms of the strategic partnership […]
Unique Mobility Inc. (Golden, CO) recently announced that the quality management system for its motor manufacturing subsidiary, Unique Power Products Inc. (Frederick, CO), has been certified compliant with the international quality standard ISO 9002. "This achievement is a direct result of the entire organization working together," said Fred Davis, Unique Power Products Manager of Motor […]
Robots developed around Linear Drives Ltd.'s (LDL, UK) tubular linear motors helped push the German Research Centre to success in the recent culmination of the first draft of the Human Genome Project (HGP). The Resource Centre used X, Y, Z cartesian robots driven by LDL's motors for three different tasks: high-density filter spotting, clone-picking, and […]
UQM Technologies Inc. (Golden, CO) reports that it has been selected by Ecostar Electric Powertrain and Power Conversion Systems (Darborn, MI) to supply fuel cell compressor drive motors for use in Ford's and DaimlerChrysler's fuel cell engine vehicles. "Our selection by Ecostar to supply compressor drive systems for Ford's and DaimlerChrysler's next generation of fuel […]
The board of directors of Parker Hannifin Corp. (Cleveland, OH) has elected Donald E. Washkewicz to be their CEO, effective July 1, 2001, when Duane E. Collins, their current chairman and CEO retires. Washkewicz, was named president and COO of the company last year. With annual sales of $6 billion, Parker Hannifin is a manufacturer […]
SL Industries Inc. (Mt. Laurel, NJ) announced unaudited financial results for the fourth quarter of 2000. The company said that it expects to report a net loss of approximately $373,000, or $0.06 per diluted share, on revenue of approximately $39.2 million. Net income for the fourth quarter will include a restructuring charge for SL Waber […]
The eighth annual Drives and Controls Exhibition and Conference will take place from March 13 to 15, 2001. Having outgrown its previous venue in Telford, UK, the conference is scheduled to be held at the ExCeL Exhibition Centre in London's docklands. This conference, the UK's largest and only dedicated motion engineering event, will cover drives […]
STMicroelectronics (Switzerland) posted strong results for 2000, but slashed its 2001 growth forecasts for the world chip market and predicted a nine-percent fall in first-quarter sales. Fourth-quarter operating profit rose 159 percent to $563.0 million, led by telecom and consumer electronics sales, and the company added that per-share earnings would fall 10 percent quarter-on-quarter in […]
SatCon Technology Corp. (Cambridge, MA) announced financial results for its fiscal 2001 first quarter ended December 31, 2000. Revenue for the first quarter rose 108 percent to $9.5 million, compared with $4.6 million in the same period last year. Net loss for the quarter ended December 31, 2000, excluding an unrealized loss on $2.9 million […]
Performance Motion Devices Inc. (PMD, Lexington, MA) announced the release of a family of motion processors called Pilot, which offer single-axis control in a single chip. The MC3110, the first of the new products to become available, is designed to control brushed servo motors. PMD also plans to include a single-chip motion processor for brushless […]
SatCon Technology (Cambridge, MA) announced that it has been selected by the US Navy to develop modular motor drive systems for the Navy's DD21 all-electric ship. Under this award, SatCon will develop the initial design and perform simulation studies for a modular motor drive that will be designed to be compatible with several different motor […]