Van Meter Industrial, Waterloo, Iowa, has invested in IDC-USA, a member-owned purchasing and national marketing cooperative of distributors in the industrial bearing and power transmission markets. The move will give Van Meter Industrial access to a 200,000 power and transmission products, bearing and related supplies from a network of 65 suppliers, according to a Dec. 11 report published in the Waterloo Cedar Falls Courier. On its website, IDC-USA says it has 200 independent distribution as members. Van Meter was ranked #33 on Electrical Wholesaling’s 2009 listing of the Top 200 Electrial Distributors.
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Van Meter Moves Into New Sioux City Facility
A Dec. 14 report in the Sioux City Journal said Van Meter Industrial has opened a new $2 million office and warehouse in Sioux City, Iowa, that stocks $1.5 million in inventory and has a drive-through warehouse so customers can pick up products without leaving their vehicles.
Rockwell Asserts Intentions to Remain Independent after Investment Analyst Publishes Report on GE Potential Interest in Company
In response to a J.P. Morgan investment analyst’s assessment that Rockwell Automation, Milwaukee, Wis., would be a “good fit” if GE built up its automation business, a Rockwell spokesperson said in Dec. 14 Reuters report that the company’s shareholders would be best served by the firm remaining independent.
A-D Technologies Sells Cable-Laying Equipment Business to Plumettaz
A-D Technologies, Knoxville, Tenn., is selling its cable laying equipment business marketed under the ARNCO brand name to Plumettaz Inc., Buford, Ga., a subsidiary of Plumettaz Holding SA, Bex, Switzerland, makers of the Plumett brand of cable-laying equipment. Concurrent with this sale, the two companies have entered into a distribution agreement where A-D Technologies will continue to offer placing equipment and trailers under the ARNCO name that are provided by Plumettaz Inc.
Mayer’s Summerlin Recognized by A-D for Industry Leadership
At this year’s Affiliated Distributors North American Meeting in Dallas, Mayer Electric Supply’s vice chairman, Jim Summerlin, received A-D’s Affiliate of the Year Leadership award. A 41-year industry veteran, Summerlin has been an associate of Mayer Electric Supply since 1975. Before joining Mayer Electric Supply, he was a field sales engineer with a manufacturer. Summerlin is a past-chairman of the National Association of Electrical Distributors; has held several leadership positions with A-D, including serving on its board of directors; and has served on the advisory boards of several electrical manufacturers.
Orion Energy Systems and Solyndra Ink Unique Marketing Agreement that Combines Strengths in Energy Management, Lighting and Photovoltaics
One company focuses on designing, manufacturing energy-efficient lighting systems, light pipes and intelligent wireless control systems. The other is said to be the leading manufacturer of commercial-grade PV solar technology. Together Orion Energy Systems and Solyndra hope to offer Fortune 500 accounts and other commercial, industrial and institutional customers a broad array of energy-saving services and building systems. Details
U.S. Navy Awards $6.6 Million Contract for PV Work in Hawaii
The U.S. Navy awarded Su-Mo/Nan, a Honolulu-based joint venture, a $6.6 million contract to install photovoltaic systems at the Pacific Missile Range Facility at Barking Sands on the island of Kauai. The project will use funds from the American Reinvestment and Recovery Act (ARRA). Contract details
Lowe’s to Sell Do-It-Yourself PV Systems
A report by Akeena Solar Inc., Los Gatos, Calif., that it had inked a deal to distribute is solar panels in 21 home improvement stores throughout California sent the the company’s stock soaring 57 percent on Dec. 10, according to the San Jose Mercury News and other online news feeds. The shares closed at $1.55 on Dec. 10.
The company’s Andalay AC panels are available at 21 Lowe’s home-improvement stores throughout California. The panels, which were recently honored with a 2009 Popular Mechanics “Breakthrough Product award,” are featured as part of Lowe’s Energy Center at the stores. “The PC revolution in the computer industry occurred when new technology made PCs easy to use and affordable,” said Barry Cinnamon, CEO of Akeena Solar. “Likewise, with panels becoming plug-and-play appliances, the solar revolution has started. The availability of solar panels in Lowe’s stores makes it easy for homeowners to go solar and is a big step toward getting solar on every sunny rooftop.”
EMCOR to Provide Maintenance Services for Kirkland Airforce Base
The Government Services division of EMCOR Group Inc., Norwalk, Conn., has received a facilities and maintenance contract from the Kirtland Air Force Base (AFB) Medical Clinic in Albuquerque, N. M. The contract includes full service facilities operations, scheduled and corrective maintenance, and repairs for the Medical Clinic, which includes two buildings, totaling 121,000 square feet. EMCO press release
Fastenal to Acquire Manufacturer of Socket-Head Screw Products
Fastenal Co., Winona, Wis., has signed a definitive agreement to acquire certain assets of Holo-Krome, West Hartford, Comm., a leader in the production of domestic socket head screw products. Fastenal press release