Business
July 12, 2018 — GE recently announced that it has signed an agreement to sell its Distributed Power business to Advent International, a global private equity investor, for $3.25 billion.
July 4, 2018 — Britech Heating Cables and Controls has appointed Intralec Electrical Products Ltd. as the representative for Ontario, excluding the Ottawa and Gatineau areas.
June 15, 2018 — Stanley Black & Decker Canada recently added Irwin Tools and Lenox Tools to the Global Tools and Storage Group. The company acquired the two brands in a transaction completed in 2017.
June 15, 2018 — Siemens Building Technologies Division is acquiring Enlighted Inc., a provider of smart IoT (Internet of Things) systems in buildings. The financial terms of the deal have not been disclosed.
June 15, 2018 — The 2018 AD Finance and HR Summit recently took place from May 22 - 24 in Denver, Co.
June 14, 2018 — Prysmian Group is relaunching itself after integrating with General Cable.
June 1, 2018 — AD recently announced the normalization and attribution of over 3 million SKUs representing over 2,000 manufacturers now available to the 186 AD subscribing members, 61 of which are now live with digital branches using AD-produced content and another 20 will be launching digital branches later this year.
May 14, 2018 - Arlington Industries reports that the U.S. Patent & Trademark Office (USPTO) rejected Bridgeport’s attempt on May 8 to challenge one of its patents on duplex connectors.
May 10, 2018 - Congratulations to Service Wire Company, which is celebrating 50 years in business.
May 8, 2018 - Pentair Thermal Management is now a part of nVent, a new public company formed from Pentair’s Electrical businesses.
May 8, 2018 — Lutron Electronics has signed an agreement to acquire Ketra, a maker of smart lighting and controls.
May 7, 2018 - The Province of Ontario reports it is supporting the development and manufacture of “next-generation power delivery” at Northern Transformer Corp., with a project that will help create 60 jobs and retain 82 jobs in Maple.
April 19, 2018 — The Ontario College of Trades recently announced officers will be performing compliance and enforcement inspections in the construction sector to coincide with the start of increased building and renovation activity during the spring and summer.
April 19, 2018 - Malcolm Bird, general manager of Fusetek, and Frank Dunnigan, CEO of Techspan Industries, announced the sale of shares of Fusetek to Techspan, with an expected closing date of June 12, 2018.
April 9, 2018 - The Canadian Construction Documents Committee (CCDC) is launching a series of cross-country seminars—running from April to May 2018—that will introduce new and updated documents, with a particular focus on project delivery methods—including the new CCDC 30 “Integrated project delivery contract”—and procurement and contracting requirements.
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