Heavy Electrical Equipment

FUJITEC CO LTD amends consolidated mid-year outlook for FY 2015

FUJITEC CO LTD:Says the company lowered the consolidated mid-year outlook for revenue to 73,900 million yen from 75,000 million yen for FY ending March 2015.Operating profit forecast increased to 5,200 million yen from 4,500 million yen.Ordinary profit forecast increased to 5,900 million yen from...

Friday, 24 Oct 2014

Hammond Power Solutions Inc. and National Material LP sign joint venture agreement

Hammond Power Solutions Inc:Enters into a joint venture with National Material LP to manufacture transformer cores for the electrical transformer industry.Pursuant to the joint venture, a new company will be created in which HPS will have a 55 pct ownership interest.Under the joint venture...

Friday, 24 Oct 2014

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