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 […]
Power Integrations Inc. (San Jose, CA), a leader in energy-saving semiconductors used in power conversion, announced financial results for its first quarter of fiscal 2003, ended March 31, 2003. Net revenues for the first quarter of 2003 were $29.1 million, compared with $23.7 million in the first quarter of 2002 and $29.2 million in the […]
Giner Electrochemical Systems LLC (GES, Newton, MA), a strategic alliance partner of General Motors Corp., announced that it is accepting orders for...
DTE Energy Technologies Inc. (Detroit, MI) reported first-quarter 2003 earnings of $155 million, or $0.92 per diluted share, compared with $200 million, or $1.24 per diluted share, last year. These earnings include several non-recurring items and accounting changes. Operating earnings (which exclude non-recurring items, tax credit driven normalization, discontinued operations and cumulative effect of accounting […]
ON Semiconductor Corp. (Phoenix, AZ) announced that total revenue in the first quarter of 2003 were $267 million, an increase of approximately $1 million from the fourth quarter of 2002. The company reported a net loss of $31 million in the first quarter of 2003, as compared to a net loss of $40 million in […]
American Power Conversion Corp. (APC, West Kingston, RI) announced that it has enhanced its Smart-UPS line of uninterruptible power supplies (UPS) with the introduction of new 750VA, 1,000VA and 1,500VA 2U rack-mount models. The advanced set includes a comprehensive display; extended-range, automatic-voltage regulation; pure sine wave output; intelligent battery management; and convenient user-replaceable, hot-swappable battery […]
O2Micro International Ltd. (George Town, Grand Cayman), a supplier of power management and security ICs to mobile computer and communications manufacturers, reported its financial results for the first quarter ended March 31, 2003. Net sales for the first quarter were $19.3 million. First-quarter revenue of $19.3 million was an increase of 5% over the preceding […]
Vicor Corp. (Andover, MA) introduced a new power system architecture based on an array of proprietary power conversion technologies. The new Factorized...
International Rectifier Corp. (IR, El Segundo, CA) introduced its new iP2002, an integrated power block that enables a four-phase, 120A, synchronous buck...
Avista Labs (Spokane, WA), a wholly owned subsidiary of Avista Corp. (Spokane, WA), announced it has signed a distribution agreement with havePOWER LLC, a leading distributor, installer, integrator and servicer of fuel cells. Under the agreement, havePOWER will purchase Avista Labs Independence™ fuel cells for applications at state, county and municipal government facilities powering stationary […]
Plug Power Inc. (Latham, NY) and partner Vaillant GmbH have installed 13 proton-exchange membrane fuel cell heating appliances during the past three months in multi-family homes and small businesses in Germany, the Netherlands, Austria and Luxemburg. The systems are supporting both Vaillant customers and the Commission of the European Union's Virtual Power Plant Program, with […]
Avista Corp. (Spokane, WA) reported first-quarter 2003 consolidated revenues of $311.9 million and net income available for common stock of $15.6 million, or earnings of $0.32 per diluted share. For the equivalent quarter last year, Avista reported revenues of $326.8 million and net income available for common stock of $10.5 million, or $0.22 per diluted […]
Power Integrations Inc. (San Jose, CA), a leader in energy-saving semiconductors used in power conversion, announced the official opening of its new Southern European office and design lab in Bresso, Italy. The new office will be staffed by Power Integrations' sales and engineering employees. "Power Integrations differentiates itself through leading-edge process and product technology aimed […]
Royal Philips Electronics (Eindhoven, the Netherlands) announced a significant advancement for the innovative Low VCEsat (BISS) transistor family. Pushing performance boundaries, Philips has become the first semiconductor company to offer the market BISS transistors in the 1612-sized SOT666/SS-Mini package. Capable of collector currents up to 2A, the PBSS4240V and PBSS5240V offer best-in-class performance, delivering increased […]