Dover Corporation’s De-Sta-Co announced the acquisition of Industrial Motion Control, LLC (”IMC”), which has annual revenues of approximately $50 million.

The Tooling Technology Center of ThyssenKrupp Presta AG, Eschen (Liechtenstein), is located in the Swiss municipality of Oberegg. In this year’s “Excellence in Production” contest, the company came first in the category “In-house tool shops with over 100 employees”.

Pipe producers and fittings manufacturers from Europe to China are recognising the processing and long-term performance benefits of recent introductions to the BorSafe product range from Borealis, a provider of innovative, value creating plastics solutions. BorSafe polyethylene (PE) pressure pipe and fitting grades reflect Borealis’ commitment to contributing to better, safer and more durable pipe [...]

GE Energy has received a contract of approximately $650 million to provide 333 wind turbines to Noble Environmental Power for new and expansion projects in New York and Texas that will add nearly 500 megawatts of wind power capacity to the country’s renewable energy supply.
The new agreement is the fourth wind turbine supply contract that [...]

One person was killed Tuesday morning in an accident on Highway 34, near the Morgan County line.
Troopers say a semi truck had stopped in a construction zone, when a pickup truck slammed into it.
The driver of the pickup died, according to Colorado State Patrol.
Troopers say it is unclear exactly what caused the accident, but state [...]

The long wait for the construction of the 250-megawatt power project at Bujagali is finally over. The government on Friday signed final documents instructing Bujagali Energy Ltd (BEL), the sponsors of the project and Salini Constructors, to start the implementation works “on or before June 1, 2007.”
“The relevant conditions have been fulfilled, hence the signing [...]

The city of Port Angeles is pursuing two Washington State Public Works Trust Fund loans to assist in funding 19-million dollars in Combined Sewer Overflow projects. Applications for one loan in the amount of $885-thousand dollars, and another loan of up to $10-million dollars, have a deadline of May 7th, and the Council authorized the [...]

Fitch Ratings issues a construction loan servicer rating of ‘Acceptable’ to Wachovia Securities (Wachovia). The rating considers Wachovia’s extensive history of construction loan administration and servicing, its experienced and tenured management and staff, and the strong financial resources provided by its parent, Wachovia Corporation.
In addition to corporate history, staffing, policies and procedures and technology, Fitch [...]

The Washington, D.C. office of HFF (Holliday Fenoglio Fowler, L.P.) has arranged a $112 million construction/permanent loan exclusively on behalf of American Pharmacists Association for the renovation of the historic Pope Building and the development of a new six-story office building totaling 244,422-square-feet in Washington, D.C.
HFF senior managing directors Bill Asbill and Bob Donhauser along [...]

The Federal Home Loan Bank of Seattle has awarded over $300,000 in Affordable Housing Program grants for two projects being developed by the YWCA of Seattle-King County-Snohomish County and Habitat for Humanity of Seattle/South King County. The winning grant applications were sponsored by Seattle-based HomeStreet Bank, one of the largest privately owned banks in the [...]

Some residents look at the northeast corner of River and Cross streets and see a big, baby blue eyesore; others see potential.
Stewart Beal, president of Beal Properties, said restoration to the Thompson Building will be complete by May 1, 2008. He unveiled plans last week, to a 150-member audience, to restore the building.
“The loft residents [...]

OKLAHOMA CITY — Senators Ron Justice and Andy Sykes and Representatives Susan Winchester and Phil Richardson have announced that a Drinking Water State Revolving Fund (DWSRF) construction loan of $3,400,000 was awarded to the Tuttle Public Works Authority, Grady County during the Feb. 13 meeting of the 9-member Oklahoma Water Resources Board held in [...]