On Wednesday December 14, General Electric sold its US $3 billion industrial solutions business, which makes electrical equipment, as part of a push to focus on its core businesses.
In an investor presentation GE said, that they are estimated to raise US $4 billion from the sale of the unit as well as the previously announced sale of its water business.
The industrial solutions business has about 13,000 employees and 30 plants globally.
EFC is pleased to announce that Rodney Barteau, Eaton Wiring Devices, has been nominated the new Secretary on the Atlantic Executive Committee for a two-year term. Rodney is a graduate of the Nova Scotia Community College (NSCC) with a diploma in Electrical Engineering Technology. He began his career with Eaton in 2002 as an inside… Read More…
3M has recently reported second-quarter results. “We delivered a strong second quarter, exceeding expectations with mid-single-digit sales growth, robust operating margins of about 25%, and double-digit EPS growth, reflecting the progress we’re making on our strategic priorities and building a higher-performing company,” said William Brown, 3M Chairman and CEO. Read More…
April 28, 2024 This month, Lumen held their 12th edition of the Salon Lumen, the largest exhibition in Quebec’s electrical industry. The customer event was hosted over two days, commenced on April 16th in Quebec City, and ended on April 18th in Montreal. One hundred seventy-five vendors gathered within a 50,000 sq ft area to… Read More…
April 27, 2024 Retiring Windsor sales rep Scott O’Neil is still manning the counter with a smile on his last day at Western Equipment. Thank you from all of us for 23 years of dedicated service. All the best in your retirement, Scott! More information available here Read More…
This project is funded [in part] by the Government of Canada.
Ce projet est financé [en partie] par le gouvernement du Canada.
