T Rowe Price Equity Buy Emerson Electric Stocks
T. Rowe Price just announced that the bought Emerson shares during their last quarter. This was an interesting news because T. Rowe Price is also the largest stock holder in Rockwell Automation. It is no surprise of course that they would want to diversify their stock portfolio. This sparked a question in my mind. If [...]
ABB acquires 75% Stake in Indian Subsidiary
ABB announced that it has successfully raised its stake in its Indian subsidiary to 75%, as part of its strategy to tap the fast-growing Indian market. As a result of this successful open offer, the company’s stake in ABB India has now increased from 52.11 to 75 per cent. The three-week offer period closed yesterday [...]
Simatic SCD1900 Widescreen Industrial Monitor
Siemens, the industrial automation giant, has introduced a new industrial monitor model namely the SCD 1900. It is priced at the lower of industrial monitor prices at $1265.00 list price which means customer can probably get it at 20% or 30% (or more) cheaper than that. The new monitor is 19″ and has a 1440 [...]
Chrysler Partners With Siemens Industry Automation Division
Chrysler Group LLC announced July 26 it has selected Siemens PLM Software, a business unit of Siemens Industry Automation Division, as its provider for product design and development services. Chrysler Group already uses Siemens Teamcenter product since 2008 and the latest announcement will further strengthen the existing relationship between two companies. As part of the [...]
Rockwell Automation Announces Q3 Financial Reports
Rockwell Automation, Inc. (NYSE: ROK) today reported its 2010 third quarter revenue f $1.268.1 billion, up 25 percent compared to $1,010.8 million in the third quarter of fiscal 2009. Revenue up 25 percent year over year and up 9 percent sequentially Diluted EPS from continuing operations of $0.83 Company raises fiscal 2010 EPS guidance to [...]
How Much Does a ControlLogix Module Cost?
ControlLogix is the premier line of automation control module by Rockwell Automation. There are few ways a customer can buy the module: Direct from Rockwell Automation: list price is on the higher $$$$ numbers. Distributors: price varies from distributor to distributor (generally lower than the list price) eBay: If you are buying for a plant [...]
Insider Stock Trading at Automation Companies
From now on I will monitor insider tradings of large automation companies and report any activities here. I will be monitoring the following companies: Rockwell Automaton (ROK): MSN Money Insider Page Siemens (SIE): MSN Money Insider Page ABB (ABB): MSN Money Insider Page Emerson (EMR): MSN Money Insider Page Parker Hannifin (PH): MSN Money Insider [...]
First Mobile ESP Controls by Siemens
Electrostatic Precipitators (ESP) is a collection device that removes particles from a flowing gas. It filter the exhaust gases emitted from industrial plants, power plants and refuse incineration plants, collecting and removing pollutants such as dust, soot and aerosols. The traditional way of getting this information is by mechanical expansion of the plant phase. Siemens [...]
ABB Systems Releases High-Performance System 800xA 5.1
Last week ABB announced the availability of version 5.1 of System 800xA, its flagship Industrial Extended Automation System. The new version provides an overall performance boost, reduces the physical footprint and provides several add-on tools to improve operator effectiveness. On the occasion of latest System 800xA release, the company announced that it has already sold [...]
ABB Wins $700 Million Wind Power Order
ABB wins yet another large order. This time it is a $700 million wind power plant order. This plant will connect three North Sea wind farms to German power grid that supply 800-megawatt (MW) power. This is the largest power transmision order ABB has ever got. This power plant is scheduled to be operational in [...]