The Board of Directors of NiSource Inc. (Merrillville, IN) declared a quarterly common dividend payment of $0.29 per share, equivalent to $1.16 on an annual basis. The dividend is payable November 20, 2002, to shareholders of record at the close of business October 31, 2002.
NiSource Inc. (Merrillville, IN) announced that Samuel Miller, a former Accenture partner with extensive experience in redesigning, implementing and managing business operations, has been named Executive Vice President and Chief Operating Officer of NiSource. Miller has nearly 20 years of experience in consulting, primarily with energy and utility companies, and will be responsible for integration […]
NiSource Inc. (Merrillville, IN) announced actions to delayer its organizational structure. The streamlining will move executive management closer to customers and promote efficiency while lowering costs in response to a rapidly changing energy industry. Four executives are retiring or leaving the organization by early 2003. Patrick Mulchay, group president, Indiana Energy Group; Jeffrey Yundt, group […]
Dynex Power Inc. (UK) announced the retirement of Jack Lawrence from its board of directors and the appointment of Richard Carl who is a Partner at Lawrence and Company (Toronto, Canada. Carl has broad-based experience in investment research, equity sales and trading. "First, on behalf of the board and the senior management of the company, […]
Tecogen Inc. (Waltham, MA) announced that it has received an order for six of its natural-gas-driven cogeneration modules from the Motion Picture and Television Fund Hospital in California. With the Tecogen units, the hospital will produce 4.5 million fewer pounds of CO2 per year, a 46-percent reduction from their current energy use. "We demonstrated that […]
Avista Corp. (Spokane, WA) announced that Malyn Malquist will join the company as senior vice president in September 2002. Malquist will be succeeding Avista Senior Vice President and CFO Jon Eliassen, who plans to retire from the company in April 2003. Malquist is expected to be named CFO at the November 2002 meeting of the […]
United Technologies Corp. (Hartford, CT) announced that Jan van Dokkum, recently the president and CEO of Siemens Power Transmission and Distribution, will join the company as president of UTC Power. In his new position, van Dokkum succeeds Geraud Darnis and will report to UTC Chairman and CEO George David. "UTC Power is the technology leader […]
Sure Power Corp. (Danbury, CT) has appointed Tishman Technologies Corp. Executive Vice President and Managing Director Joseph Ryan, Jr. to its board of directors. Ryan was appointed based on his more than 25 years of construction and technology experience. Ryan's competencies include substantial expertise in addressing the unique requirements of data and communications networks requiring […]
OnLine Power Supply Inc. (OPS, Centennial, OH) announced that its 600W, 48V, OPS-U-600-48 power supply has received safety certification from Underwriters Laboratories Inc. (UL). UL has completed its engineering investigation on the OPS-U-600-48 and found that the product complies with applicable requirements. A "notice of authorization to apply the UL mark" to the OPS-U-600-48 has […]
Analog Devices Inc. (Wilmington, MA) debuted two new members of its dBCOOL™ family of ICs, the ADT7460 and ADT7463, for thermal systems controllers and notebook and desktop PCs. The ADT7460 and ADT7463 can optimize fan speed for systems in which internal configurations such as PCI or AGP add-in cards may one day be installed, or […]
RF Solutions Inc. (Norcross, GA) debuted the new P2020 power amplifier, which operates from a single 3.3V power supply, provides a power...
Micrel Semiconductor Inc. (San Jose, CA) introduced a new family of six p-channel smart switches and simple MOSFETs optimized for space-sensitive portable...
US WindForce LLC (Wexford, PA) and Padoma Wind Power LLC (La Jolla, CA) announced the formation of a joint venture for the purpose of developing, constructing, financing and selling as many as 1,500MW of wind energy projects, involving 10 or more project locations, over the next five years in the Mid-Atlantic region of the US. […]
Plug Power Inc. (Latham, NY) announced the sale and delivery of nine GenSys;trade;5C systems, the company's 5kW, combined heat and power (CHP) grid parallel, natural gas-fueled, proton-exchange membrane, fuel cell systems, to Johnson Controls Inc. (Milwaukee, WI), under contract to the Navy Renewable Energy Division at the Naval Air Weapons Station in China Lake, CA. […]
Medis Technologies Ltd. (New York) reported financial results for the second quarter and six months ended June 30, 2002. For the quarter ended June 30, 2002, the net loss was $2,565,000, or $0.12 per share, based on 21,098,959 weighted average shares, compared to a net loss of $7,440,000, or $0.38 per share, based on 19,594,657 […]