In Business

02/01/2002


 

  • The National Institute of Standards and Technology (NIST, Gaithersburg, Md.) launched on Jan. 23 plans for its new National Combinatorial Methods Center (NCMC), a collaborative research center devoted to advancing high-throughput methods that can rapidly accelerate characterization and development of new materials. For more information, visit www.nist.gov/combi .

  • Invensys plc (London, U.K.) announced Jan. 7 that it is selling its Energy Storage Group (ESG) to EnerSys Inc. (Reading, Pa.) for $505 million in cash. Invensys will use these funds to reduce existing debt, much of which has occurred in its control and automation operations.

  • To replace its many aging, inaccurate water meters, the District of Columbia's Water and Sewer Authority (WASA) recently awarded what will reportedly be North America's largest fixed radio frequency (RF) network for a water utility to the team of ABB, United Metering and Hexagram. ABB's $11-million portion of the three-year, $36-million project will buy approximately 130,000 new ABB absolute encoder water meters.

  • The Fieldbus Foundation (Austin, Tex.) recently conducted a survey of its members that indicates an accelerating adoption rate of Foundation fieldbus throughout Japan, primarily among firms in its oil and gas, chemical, pulp and paper, power generation and other industries.





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