Editor’s Note: Caterpillar Inc. (NYSE:CAT), General Electric Company (NYSE:GE), Alcoa Inc (NYSE:AA)
Caterpillar Introduces Cat Marine Propulsion Systems (USA) (Dredging Today)
Caterpillar Inc. (NYSE:CAT) Marine has announced the acquisition of Johan Walter Berg AB has successfully closed, enabling the industry-leading marine power solutions provider to now offer complete propulsion systems to the commercial marine market. The firm’s core brand, Berg Propulsion, is a leading manufacturer of mechanically and electrically driven propulsion systems and marine controls for ships. As a result of the acquisition completion, all Berg Propulsion products will be rebranded as Caterpillar. The new Cat® Propulsion System for optimized bundles and propulsion packages includes controllable pitch propellers, transverse thrusters, azimuth thrusters, aftermarket parts and remote control systems.
GE Partners XD Electric to Boost Power across Africa (THISDAY Live)
To improve on the provision of technology and infrastructure solutions, General Electric Company (NYSE:GE) and XD Electric Group have announced the formation of a new partnership that combines GE’s grid automation capabilities with XD Electric’s comprehensive portfolio of primary high-voltage equipment. According to the statement issued in Lagos, the partnership will expand GE’s capabilities as a leading provider of Transmission and Distribution solutions and creates a new global competitor to provide utilities and energy-intensive industries with high-voltage solutions.
Alcoa focuses aluminum recycling initiatives (Pittsburgh Business Times)
Alcoa Inc (NYSE:AA) is rolling out a combined initiative for its recycling efforts called Alcoa Recycling. Alcoa is merging its internal recycling division with Evermore Recycling, an aluminum scrap purchasing group that it fully acquired last year after several years of a joint venture. Alcoa Inc (NYSE:AA) said the combination of the two units into one will help it become more focused in its recycling programs with customers.
Caterpillar sales continue steep fall (Herald & Review)
The downward grind of Caterpillar Inc. (NYSE:CAT)’s order book shows few signs of getting better. New quarterly machinery sales numbers, which cover the mining trucks and other equipment built in Decatur, show a persistently falling trend, year over year. The biggest drop came in the once booming Asia/Pacific region, which saw orders decline 14 percent in May, 21 percent in June and 28 percent in July, compared to this time last year. Europe, Africa and the Middle East dropped 2 percent in May, 4 percent in June and 12 percent in July, while North America was down, but by markedly smaller margins: 16 percent in May, 10 percent in June and off by just 1 percent in July.
Betaworks teams up with General Electric to add a Gravity Mode to its super addictive Dots game (The Next Web)
Dots is a simple, well-designed and incredibly addictive ‘match three’ (or in this case, match two or more) game designed by Betaworks for iOS, Android and Kindle Fire devices. General Electric Company (NYSE:GE) has teamed up with the developer to implement a new Gravity Mode this weekend for casual players. It removes the timer and move restrictions, so gamers can coast through six levels at their own pace. The feature also includes a gravity button that shuffles the dots into a new, randomized position. Betaworks and General Electric Company (NYSE:GE) used a new physics engine to create the effect, which forces the dots (which are normally suspended in mid-air) to drop to the bottom of the screen based on the angle of the device.
