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Phoenix Contact’s Small Controllers Feature Expandable Memory

July 10, 2012 6:40 am | by PD&D Staff | Phoenix Contact | Product Releases | Comments

Phoenix Contact’s new ILC 1x1 compact controllers make advanced control options available for small- to medium-sized systems.

Ultrasonic Level Switches for Hazardous Locations

July 10, 2012 6:31 am | by PD&D Staff | Innovative Solutions | Product Releases | Comments

Innovative Solutions introduces agency-approved ultrasonic level switch models U002E, U003E, and U004E with a Div 1, Class 1, Group C, and D rating for hazardous locations.

ASI Now Offers Profibus Connectors and Cordsets

July 10, 2012 6:20 am | by PD&D Staff | Automation Systems Interconnect, Inc. | Product Releases | Comments

Automation Systems Interconnect, Inc. has announced the expansion of their line of sensor cables and connectors.

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GE CEO Immelt tours new Schenectady battery plant

July 10, 2012 5:50 am | by The Associated Press | News | Comments

General Electric Co. says it will invest $70 million to expand its advanced sodium battery plant in downtown Schenectady.GE CEO Jeffrey Immelt is scheduled to tour the plant Tuesday and discuss the expansion, which will double production and add 100 new jobs. The plant will employ 450 workers...

Bristol-Myers Squibb starts Amylin tender offer

July 10, 2012 5:50 am | by The Associated Press | News | Comments

Bristol-Myers Squibb Co. is starting a tender offer to buy all of the outstanding shares of diabetes drug maker Amylin Pharmaceuticals Inc.Late last month, Bristol-Myers Squibb said that it planned to buy San Diego-based Amylin for approximately $5 billion in cash. The company said that it...

Chevy Offers Money-Back Guarantee on New Vehicles

July 10, 2012 5:50 am | by The Associated Press | News | Comments

Chevrolet is trying to pull more customers into its dealerships by offering a money-back guarantee on new cars and trucks.The General Motors brand said Tuesday that buyers can get refunds if they return their 2012 or 2013 vehicles for any reason. The guarantee lasts for up to 60 days from the...

GE to Spend $70M in Battery Factory Expansion

July 10, 2012 5:50 am | by The Associated Press | News | Comments

General Electric Co. said Tuesday it will spend $70 million to expand a battery factory in Schenectady, N.Y.The expansion will add 100 jobs and double the facility's production capacity. It's expected to be completed in 2015. The factory will build Durathon battery products, which are half the...

Photo of the Day: The Alcohol Fueled Thunderbolt

July 10, 2012 5:25 am | by U.S. Airforce | News | Comments

An A-10C Thunderbolt II flies over Florida’s Gulf Coast on June 29, 2012, marking the second flight of an aircraft powered solely by an alcohol-derived jet fuel blend.

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ASML Shares Jump on Intel Deal

July 10, 2012 5:16 am | by TOBY STERLING, AP Business Writer | News | Comments

Shares in ASML Holding NV surged Tuesday on news that Intel Corp intends to take a 15 percent stake in the company for around $3.07 billion, and will also help fund its research into new technologies. ASML said other large customers may also take equity stakes.

Cybersecurity Chief Urges Action by Congress

July 10, 2012 5:12 am | by ROBERT BURNS, AP National Security Writer | News | Comments

The head of the Pentagon's Cyber Command on Monday called for swift action in Congress to sort out roles, standards and authorities for government agencies charged with defending against destructive computer attacks.

Utilities reduce W.Va. storm outages to 38,925

July 10, 2012 4:50 am | by The Associated Press | News | Comments

Utility crews are continuing to restore electricity to thousands of West Virginians who lost service during recent severe storms.As of Tuesday morning, there are 38,925 outages across the state.A majority of the outages are in Appalachian Power's territory, where 23,889 customers have no...

Quinn signs veterans' tax credit increase into law

July 10, 2012 4:50 am | by SOPHIA TAREEN - Associated Press - Associated Press | News | Comments

Legislation that gives Illinois employers more incentive in hiring veterans by doubling the state's income tax credit was signed into law Monday.Gov. Pat Quinn signed the bill that increases the tax credit from 10 percent to 20 percent of annual wages. It also increases the annual cap from...

Boeing Lands Big Deal Again on Day 2 of Airshow

July 10, 2012 3:50 am | by The Associated Press | News | Comments

Boeing Co. landed its second big order for its remodeled short-haul 737 airplane, while rival Airbus announced its first multibillion-dollar order at this year's Farnborough Airshow.Boeing says GE Capital Aviation Services, the commercial aircraft leasing and financing arm of General Electric,...

VW global car sales rise 13.7 percent in June

July 10, 2012 12:50 am | by The Associated Press | News | Comments

Europe's largest automaker Volkswagen AG is reporting a 13.7 percent increase in June passenger vehicle sales, with booming results outside western Europe where the debt crisis slowed spending.The Wolfsburg-based company said Tuesday that June sales rose to 498,600 cars from 438,400 in June...

Regulators Reveal Likely Cause of MI Oil Spill

July 9, 2012 11:50 pm | by DAVID RUNK - Associated Press - Associated Press | News | Comments

Federal investigators Tuesday were preparing to determine the likely cause of a pipeline rupture that spilled more than 800,000 gallons of crude oil into a southwestern Michigan river nearly two years ago.Staffers were presenting their findings Tuesday during a meeting of the National...

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