IBM Power Systems

Cummins Raises Long-Term Financial Targets

Retrieved on: 
木曜日, 5月 16, 2024

This is proving to be the right strategy for our customers, for the environment and for the continued growth of Cummins,” Jennifer Rumsey, Chair and Chief Executive Officer, said at the meeting.

Key Points: 
  • This is proving to be the right strategy for our customers, for the environment and for the continued growth of Cummins,” Jennifer Rumsey, Chair and Chief Executive Officer, said at the meeting.
  • “Since our last Analyst Day, we have continued to strengthen our position and execute on both our strategy and financial commitments.
  • “Cummins is able to win with our strategy because of our integrated suite of innovative technologies and capabilities, strong customer partnerships, financial strength that allows us to invest in our future, and our skilled global workforce.
  • Lastly, Mark Smith, Chief Financial Officer, summarized the Company’s plans for growth, margin expansion and capital allocation.

Mohr Logistics Park signs 1 million square foot lease with Cummins Inc.

Retrieved on: 
木曜日, 5月 9, 2024

WHITELAND, Ind., May 9, 2024 /PRNewswire/ -- Mohr Capital has secured a lease for more than 1 million square feet at Mohr Logistics Park with Cummins Inc (NYSE: CMI). This is the fifth major lease for the award-winning Class A industrial park, further solidifying Mohr Logistics Park's status as a blue-chip industrial park.

Key Points: 
  • WHITELAND, Ind., May 9, 2024 /PRNewswire/ -- Mohr Capital has secured a lease for more than 1 million square feet at Mohr Logistics Park with Cummins Inc (NYSE: CMI).
  • This is the fifth major lease for the award-winning Class A industrial park, further solidifying Mohr Logistics Park's status as a blue-chip industrial park.
  • Cummins' new long-term lease is for 1,057,350 square feet in Building 6 at Mohr Logistics Park.
  • "Mohr Logistics Park is very proud to have Cummins bring one of their largest global facilities to Mohr Logistics Park.

AMETEK Appoints Patrick L. Williams Vice President and General Manager, Maintenance, Repair, Overhaul (MRO) Division

Retrieved on: 
木曜日, 5月 9, 2024

BERWYN, Pa., May 9, 2024 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced the appointment of Patrick L. Williams as Vice President and General Manager, MRO Division.

Key Points: 
  • BERWYN, Pa., May 9, 2024 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced the appointment of Patrick L. Williams as Vice President and General Manager, MRO Division.
  • Mr. Willams currently serves as Division Vice President and Business Unit Manager for the Power Protection and Quality Solutions (PPQS) business within AMETEK's Power Systems and Instruments Division.
  • "I am pleased to announce Patrick's promotion to Vice President and General Manager," commented David A. Zapico, AMETEK Chairman and Chief Executive Officer.
  • Prior to his role as Division Vice President and Business Unit Manager for the PPQS business, Mr. Williams served as Division Vice President and Business Unit Manager for our Process Instruments business and Division Vice President and Business Unit Manager for our MicroPoise Measurement Systems business.

Power Solutions International to Feature Products with Baudouin During Middle East Energy Show

Retrieved on: 
火曜日, 4月 16, 2024

PSI will display the engine in Stand S3.B40 in conjunction with Société Internationale des Moteurs Baudouin (Baudouin), a France-based manufacturer of diesel engines for marine and power generation applications.

Key Points: 
  • PSI will display the engine in Stand S3.B40 in conjunction with Société Internationale des Moteurs Baudouin (Baudouin), a France-based manufacturer of diesel engines for marine and power generation applications.
  • Middle East Energy features 1,300 global exhibitors showcasing the latest in energy products and solutions across critical and backup power, energy storage, transmission and distribution, renewable and clean energy, energy consumption and management, and smart solutions.
  • PSI has an international collaboration distribution agreement with Baudouin to bring its Power Systems line of products into international markets.
  • PSI offers a range of products for power generation applications ranging in displacement from 2.4- to 88-liters in 50- and 60-hz configurations ranging from 15 kWe to 3,000 kWe in power.

Cummins promotes five new leaders to vice president

Retrieved on: 
木曜日, 2月 22, 2024

Cummins Inc. (NYSE: CMI) announced today the appointment of four leaders to the role of vice president, effective March 1 – Ricardo Roman, Michelle Probst, Gbile Adewunmi and Matt McQueen – in addition to Ashwath Ram, who was appointed Vice President in January.

Key Points: 
  • Cummins Inc. (NYSE: CMI) announced today the appointment of four leaders to the role of vice president, effective March 1 – Ricardo Roman, Michelle Probst, Gbile Adewunmi and Matt McQueen – in addition to Ashwath Ram, who was appointed Vice President in January.
  • Ricardo Roman – Vice President, Components Finance
    Roman stepped into the role of Controller for the Components Business Unit in 2022 during a critical period of evolution for the business.
  • Michelle Probst – Vice President, Leadership and Talent Development
    Probst recently expanded her role from Leadership Development to now leading Cummins Talent Development programs and processes globally.
  • Ram oversees the performance of the company’s five business units, including Engine, Power Generation, Distribution, Components and Accelera by Cummins.

Connectria Announces Two Singapore Data Centers to Bring IBM Power and AWS Hybrid Architecture to Asia Pacific

Retrieved on: 
木曜日, 2月 22, 2024

The two Connectria data centers will also enable inner region Disaster Recovery-as-a-Service (DRaaS) with connectivity to all AWS Availability Zones (AZs).

Key Points: 
  • The two Connectria data centers will also enable inner region Disaster Recovery-as-a-Service (DRaaS) with connectivity to all AWS Availability Zones (AZs).
  • Connectria's new data centers use a proven architecture designed to meet the rising demand for infrastructure modernization and hybrid cloud adoption.
  • Drawing on nearly three decades as one of the world's largest providers of IBM i and AIX hosting, Connectria's Asia Pacific data centers deliver a state-of-the-art IBM Power infrastructure built on the latest IBM hardware with
  • Starting in Q3, companies operating in the Asia Pacific region will be able to deploy IBM Power Systems workloads in Connectria's new data centers with low-latency connectivity to AWS.

Industrial Engines Rev Up in West Tennessee and North Mississippi

Retrieved on: 
月曜日, 1月 22, 2024

These industrial engines are used for a variety of applications, from rock crushing equipment to irrigation pumps.

Key Points: 
  • These industrial engines are used for a variety of applications, from rock crushing equipment to irrigation pumps.
  • Original equipment manufacturers (OEMs) depend on a healthy supply chain of industrial engines, parts and components, engineering services, and a strong workforce to be successful.
  • "West Tennessee is the perfect logistics corridor for design and distribution, especially for OEMs interested in relocating to the Memphis and Jackson, Tennessee area," states Jack McCown, Power Systems Sales Manager at Thompson.
  • Thompson recently welcomed Jonathan Gwaltney to the team as the new Industrial Engines Sales Manager.

Northland Power Announces Appointment of Ellen Smith to Its Board of Directors

Retrieved on: 
水曜日, 11月 29, 2023

TORONTO, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) announces the expansion of its Board of Directors from nine to ten members and the appointment of Ellen Smith as a Director, effective November 29, 2023.

Key Points: 
  • TORONTO, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) announces the expansion of its Board of Directors from nine to ten members and the appointment of Ellen Smith as a Director, effective November 29, 2023.
  • Ms. Smith brings over 35 years of leadership experience within the power and utilities sector.
  • Ms. Smith serves as an expert in complex power and utilities litigation and in administering contracts for large capital portfolio projects.
  • “We are excited to welcome Ellen to Northland’s Board,” said John Brace, Chair of Northland’s Board of Directors.

Abdulaziz Al-Gudaimi, Aramco Veteran, Joins EIG as Senior Advisor and Chairman of MENA Operations

Retrieved on: 
金曜日, 12月 1, 2023

EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that Abdulaziz Al-Gudaimi has joined EIG as Senior Advisor and Chairman of EIG’s Middle East & North Africa (“MENA”) Operations.

Key Points: 
  • EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that Abdulaziz Al-Gudaimi has joined EIG as Senior Advisor and Chairman of EIG’s Middle East & North Africa (“MENA”) Operations.
  • View the full release here: https://www.businesswire.com/news/home/20231201817393/en/
    “We are thrilled to welcome Abdulaziz to the firm,” said R. Blair Thomas, EIG Chairman and CEO.
  • In this role, he helped Aramco secure greater access to growth markets and technologies through portfolio optimization and strategic alignment.
  • Mr. Al-Gudaimi previously held several other leadership positions at Aramco, including Senior Vice President of Downstream and Vice President of Power Systems.

Schneider Electric calls for rapid deployment of smart grids to accelerate energy transition

Retrieved on: 
水曜日, 11月 29, 2023

Schneider Electric's experts attending Enlit Europe 2023 argue the outdated grid infrastructure is holding back the energy transition and propose that increased network automation on smart grids run by smart electric utility companies can shape the future of a low-carbon energy sector.

Key Points: 
  • Schneider Electric's experts attending Enlit Europe 2023 argue the outdated grid infrastructure is holding back the energy transition and propose that increased network automation on smart grids run by smart electric utility companies can shape the future of a low-carbon energy sector.
  • At Enlit 2023, Schneider Electric is unveiling new innovations that enable electric utility companies to deploy agile grid digitalization and offer better collaboration between all actors in the electricity value chain.
  • New cloud-based EcoStruxure Distributed Energy Resource (DERMS): Now available on Microsoft Azure, EcoStruxure DERMS manages distributed energy resources (electric vehicles, energy storage and rooftop solar) to meet rapidly increasing capacity demand and enable rapid deployments with flexible customer journeys.
  • Visit Schneider Electric at Enlit Europe 2023 (Paris Expo, Porte de Versailles, booth #7.2.C70) from November 28-30, 2023, to learn more about the Grids of the Future, Electricity 4.0, network automation, and energy management solutions and services for the electric power industry.