News & events


International News Digest

Fourth Quarter 2007 News & events

ABB has signed a frame contract with Bombardier worth more than US$30 m to supply traction transformers for 172 new trains that will upgrade commuter travel in the heavily congested Ile-de-France region around Paris. ABB's compact units were chosen because a new wide-body carriage design and extra seating put severe restrictions on the size and weight of the transformers used. Traction transformers are mounted on trains to ensure power supply to the motors, and since there is no back-up system due to limited space, they must be failsafe.

Bosch Rexroth is working with the City of Los Angeles Department of Public Works, Bureau of Sanitation, to study the benefits of hydraulic hybrid technology in its refuse truck fleet. The project involves Bosch Rexroth's proprietary hydrostatic regenerative brake (HRB) system, which captures a vehicle's braking energy and converts it to energy for propulsion. As a first step, two American LaFrance, LLC Condor liquid natural gas (LNG) trucks in the city's fleet will be outfitted with vehicle data acquisition systems to monitor real-world operating conditions. New West Technologies, LLC is analysing the data and providing Bosch Rexroth with the truck duty cycle data for the refuse fleet.

Eaton Corporation has reported record net income per share of US$1,71 for the third quarter of 2007, an increase of 6% compared with the equivalent period of 2006. Sales in the quarter were a record $3,30 billion, 7% percent above the same period last year and net income was up 4% at $258 million.

ITT Corporation has completed the acquisition of International Motion Control (IMC). Buffalo, N.Y.-based IMC is a global developer of motion control products with 2006 revenues of approximately US$200 million. The acquisition agreement was announced on 26 June this year.

Sauer-Danfoss has declared a cash dividend of US$0,18 (2006 US$0,16) per share for the quarter 30 ended September, 2007. This is the 38th consecutive quarterly dividend paid by the company since its initial public offering in May of 1998. The company designs, manufactures and sells engineered hydraulic, electric and electronic systems and components, for use primarily in applications of mobile equipment. Sauer-Danfoss has approximately 9000 employees worldwide and revenue of more than US$1,7 billion.

Sun Hydraulics has announced a third quarter dividend of US$0,09 per share (2006 Q3 US$0,10) on its common stock. The dividend is payable on 15 October, 2007, to shareholders of record as of 30 September, 2007.

Sun Hydraulics Corporation is a leading designer and manufacturer of high performance screw-in hydraulic cartridge valves and manifolds for worldwide industrial and mobile markets.

The USA has adopted the International standard for the construction of robots - ANSI/RIA/ISO 10218-1-2007. This new standard deals only with the construction features of the robot and does not replace the current ANSI/RIA R15.06-1999. This adoption is considered an 'identical' national adoption of an international standard, ISO 10218-1:2006, hence the ISO number has been retained along with the title - Robots for Industrial Environment - Safety Requirements Part 1 - Robot. The ISO Project Team is continuing its work on the development of the ISO 10218 Part 2 - Robot system and integration.





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