A Nov. 10 Wall Street Journal article said sales of green products at Siemens AG have increased 11 percent over the past year and are expected to account for 24% of the company’s total 2009 sales. In other green news at Siemens, the company announced on Nov. 10 that it had nailed a $270 million contract for its wind turbines with Mexican wind energy developer Grupo Soluciones en Energias Renovables, is to build 70 wind turbines for the Los Vergeles wind farm in Tamaulipas, Mexico. The Wall Street Journal article said the project is intended to supply more than 200,000 Mexican households with clean power by the end of 2010.
Archive for November 10th, 2009
Jason Butchko Appointed GM of Networks Division of Ideal Industries
Ideal Industries Inc. (Sycamore, Ill.): Jason Butchko is now general manager of Ideal’s Networks Division, succeeding Jouke Rijpstra who will retire in 2010. In this position he will be responsible for managing the performance and strategic direction of the network and electrical testing business units, along with the company’s broad line of data communications products that include installation tools and connection supplies. Reporting to Jim James, Ideal president and CEO, Butchko will be based in San Diego, the headquarters for the network testing business unit.
He has more than 20 years of senior executive experience most recently, as V.P. of business development for Westco Scientific Instruments Inc, Brookfield, Conn. Butchko earned an MBA from the University of Colorado, an M.S. in environmental science and engineering from the Colorado School of Mines, and a B.S in civil engineering from the United States Air Force Academy.
Buy American provisions hurting companies like Siemens
Blogger Marc Gunther relates a conversation with a Siemens Industry exec about difficulties stimulus package “buy American” provisions are creating for companies that employ tens of thousands of American workers — hampering their ability to put people back to work.
Home Depot to Sell Excess Parking Spots
Here’s a sale item at Home Depot that you won’t see in one of its promotional flyers: prime parking spots. Home Depot has miles of aisles and millions of square feet of retail space, but it’s easy to forget just how many acres of parking lots the company has for its 2,242 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces, Mexico and China. All that real estate on prime retail shopping strips is a valuable asset, and to generate some extra cash the company is apparently willing to sell some of its more under-utilized parking spots to nearby retail neighbors, according to an article in the Atlanta Journal-Constitution. The article said Home Depot has “identified marketable portions of lots at hundreds of stores,” and that its stores typically sit on 12 to 15 acres.
Electrical Distributors Win Bids for Federal Contracts
Bids by several electrical distributors for federal work were recently awarded, according to information at www.fedbizopps.gov. The U.S. Army Corps of Engineers, Vicksburg District, awarded a $55,597.53 contract for electrical supplies to Stuart C. Irby Co.’s location in West Monroe, La., through funds provided by the American Recovery and Reinvestment Act (ARRA) of 2009; Anixter won a bid for $25,906 in fiber-optic cable from the U.S. Navy, and Richmond Electric Supply Co., Richmond, Va., was awarded a U.S. Navy contract for $143,400 for shore power cable connector kits.
