September 14, 2021
The Board of Directors of Hammond Power Solutions Inc. (HPS) declared a quarterly cash dividend of eight and a half cents ($0.085) per Class A Subordinate Voting Share of HPS and a quarterly cash dividend of eight and a half cents ($0.085) per Class B Common Share of HPS payable on September 24, 2021, to shareholders of record at the close of business on September 17, 2021. The ex-dividend date is September 16, 2021.
ABB has reached an agreement to sell its Power Conversion division to AcBel Polytech Inc. for $505 million in cash. The transaction is subject to regulatory approvals and is expected to be completed in the second half of 2023. The Power Conversion division, formerly Lineage Power, was acquired by ABB as part of the GE Industrial Solutions acquisition in 2018 and is not core to ABB. The division is based in Plano, Texas, USA, and employs roughly 1,500 employees worldwide, predominantly at three major sites and the US headquarters.
Mersen announces that Tom Giuliano assumes the position of VP, OEM Sales, North America, reporting to Ferran Sacrest, VP Sales & Customer Care Americas. Tom joined Mersen in 2012 through the acquisition of Eldre, as a design engineer. Tom has held positions of increasing responsibility from technical to sales functions, most recently as Key Account Manager, and has been instrumental in leading successful development efforts in Aerospace & Defense at the national level.
LEDVANCE is offering wholesalers a new portfolio of LED strips for an enormous range of professional lighting tasks.
Recently, Signify had completed the acquisition of Fluence, a US-based company that provides LED luminaires to horticultural lighting segments in North America and the rest of the world.
Hammond Power Solutions Inc. has announced the appointment of Adrian Thomas as the Company’s next Chief Executive Officer, replacing Bill Hammond who will assume the position of Executive Chairman after 22 years as the CEO. Read More…
May 31, 2023 Acuity Brands announced that it is planning to release its fiscal 2023 third-quarter earnings results on Thursday, June 29, 2023, at 6:00 a.m. (EST), followed by a conference call at 8:00 a.m. (EST). Neil Ashe, Chairman, President, and Chief Executive Officer of Acuity Brands will lead the call. The webcast, earnings release, and supplemental presentation can… Read More…
Schneider Electric, a leader in the digital transformation of energy management and automation, is Canada’s top international corporate citizen in 2022. This designation was awarded to Schneider Electric by Corporate Knights, a media and research company committed to advancing a sustainable economy. Read More…
The Sonepar Ontario Region is proud to announce the relocation of their SESCO Central Distribution Centre (CDC) to its new location in Brampton, ON. This move has facilitated an amalgamation between Texcan’s large Brampton branch and SESCO’s CDC, as both businesses work together within one facility for the first time. Read More…
This project is funded [in part] by the Government of Canada.
Ce projet est financé [en partie] par le gouvernement du Canada.
