March, 2015 Business Briefs Cornell Dubilier Acquires
Illinois Capacitor Liberty, SC — A Cornell Dubilier subsidiary company has acquired the assets of Illinois Capacitor and its affiliates. The company sees this acquisition as a strategic move to grow its board-level power capacitor business and to service customers in Asia through the sales, warehouse and logistics center that Illi- nois Capacitor currently operates in Hong Kong. With headquarters and op- erations in Chicago, Illinois Capacitor has been in the capacitor business for more than 80 years and today supplies leading-edge aluminum electrolytic, film, conductive polymer, and electrolytic double-layer capacitors to industri- al electronics companies worldwide. In addition to its Chicago location, which primarily services the North American market, Illinois Capacitor operates in the Asian markets through its Hong Kong sales and service center. Cornell Dubilier’s strength is in the design and manufacture of electrolytic, AC and DC film, and mica capacitors for power electronics. The company has facilities
in New Bedford, MA, Liberty, SC, Mexicali, Mexico and Shanghai, China. Contact: Cornell Dubilier Electronics, Inc., 1605 East Rodney French Blvd., New Bedford, MA 02744-2294 % 508-996-8564 Web:
www.cde.com
JOT Automation and Ginolis in Life
Science Business Acquisition Oulu, Finland — JOT Automation, a major source for test and production so- lutions, and Ginolis, the manufacturing solutions provider for diagnostic dis- posables, have announced an agreement under which Ginolis will acquire JOT Automation’s Life Science Division. JOT’s Life Science Division will be merged into Gilonis during the first half of 2015. According to Mika Kettula, JOT Automation CEO, “The transaction is a win-win for both companies’ cus- tomers. It enables us to grow even more customer-centric and accelerates our time-to-market in our core business.” Teijo Fabritius, CEO at Ginolis said: “Our vision is to provide more effective healthcare for the benefit of patients globally by introducing unique solutions to the diagnostic, life science and medtech industries. Our approach is similar to the one adopted in the elec-
tronics industry, known for tremendous productivity. Contact: JOT Automation Inc., 9465 Customhouse Plaza, Suites B & C,
San Diego, CA 92154 % 858-255-8808 fax: 858-255-8879 Web:
www.jotautomation.com
ISVI Corp. Reports 39% Growth
Oxford, CT —ISVI Corp., a Global Manufacturer of High-Speed, High-Resolution Industrial Camera Systems, reports record growth in worldwide sales revenue for fiscal year 2014. “We are very pleased to announce that global gross sales grew by over 39 percent with respect to 2013,” stated Gerard White, ISVI Corp. VP. White attributes this impressive growth to the expanding need for high- speed, high-resolution camera technology, the growing implementation of the CoaXPress interface and the direct efforts of ISVI’s outstanding Global Sales Network of distributors and system integrators. “More and more system integra- tors and OEMs are recognizing the advantages of combining high-speed, high- resolution imaging in their machines to increase throughput, raise detail detec-
tion levels and decrease overall system costs,” added White. Contact: ISVI, 3 Morse Road, #2A, Oxford, CT 06478 % 203-592-8723 E- mail:
sales@isvi-corp.com Web:
www.isvi-corp.com
Leyard and Dimenco in Technology
License Agreement Veldhoven, The Netherlands — Dimenco has signed a Technology License Agreement with Leyard Photoelectronics Co. Ltd, a manufacturer of large LED walls. Terms of the pact call for developing and launching the first No- Glasses 3D LED wall. In conjunction with the Technology License Agreement, Leyard has acquired an equity position in Dimenco. This capital investment will be used entirely for technology development supporting Dimenco’s growth ambitions. Until now, 3D auto-stereoscopic (No-Glasses) displays were always manufactured in small sizes, limited by the available sizes of the LCD. By adding No-Glasses 3D technology to LED, the market can enjoy large 3D ex- periences for both outdoor and indoor applications. The advertising, enter- tainment and sports markets can benefit particularly from the availability of
large size No-Glasses LED 3D displays. Contact: Dimenco, Dimenco De Run 4281, 5503LM Veldhoven, The Netherlands % +31 6 343 20 600 Web:
www.dimenco.eu
Ikonics Continuing its Program With
Honeywell Aerospace Duluth, MN — IKONICS Corporation (Nasdaq:IKNX), a Duluth-based tech- nology company, is continuing its program with Honeywell Aerospace for mi- cro-electro-mechanical systems (MEMS) technology in support of U.S. Defense Advanced Research Projects Agency (DARPA) projects and internal testing at the Plymouth, MN facility. Sue Boudrie, Operations Manager for Ikonics’ Ad- vanced Materials Solutions division, said: “We are proud to be working close- ly on these important defense projects with a technology leader like Honey-
% 800-328-4261 or 218-628-2217 E-mail:
info@ikonics.com Web:
www.ikonics.com
well and are pleased that our expertise is appreciated and rewarded.” Contact: IKONICS Corporation, 4832 Grand Avenue, Duluth, MN
Page 17
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104