Combined Efforts and R&D Lead to Technological, Environment-Friendly Advances - Research Report on GE, UTC, Cummins, Honeywell, and ITW
NEW YORK, June 6, 2013 /PRNewswire/ --
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Today, Wall Street Reports announced new research reports highlighting General Electric Company (NYSE: GE), United Technologies Corporation (NYSE: UTX), Cummins Inc. (NYSE: CMI), Honeywell International Inc. (NYSE: HON), and Illinois Tool Works Inc. (NYSE: ITW). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
General Electric Company Research Report
On June 3, 2013, General Electric Company's (GE) Oil & Gas division announced that it has completed the acquisition of substantially all of the assets of the Salof Companies, a designer and manufacturer of small-scale liquefied natural gas (LNG) technologies based in Schertz, Texas. Daniel C. Heintzelman, GE Oil & Gas President and CEO, GE Oil & Gas, commented, "Adding Salof to our portfolio expands our capabilities and manufacturing footprint in the small LNG space, while Salof can draw upon GE's breadth and global operations, positioning both companies for growth in this sector. The acquisition also provides more options for customers around the world as they look for new ways to cut both emissions and costs by using cleaner burning natural gas." Salof is an industry leader in cryogenic plant design and fabrication for small LNG and CO2 applications. GE, already active in large-scale LNG technologies, recently launched LNG solutions with a significantly smaller footprint and capacity that are complementary to Salof's offerings. The Full Research Report on General Electric Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/6938_GE]
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United Technologies Corporation Research Report
On May 30, 2013, United Technologies Corporation (UTC), together with The California Institute of Technology (Caltech), IBM, and the University of California, Berkeley (UC Berkley), launched the Industrial Cyber Physical Systems (iCyPhy) research program. The research consortium will identify and develop new engineering techniques that will make it easier to successfully build products and services that combine complex software, hardware and mechanical components. The iCyPhy consortium will transform the systems engineering process by bringing business and academia together, leveraging a large pool of expertise, skills and perspectives to tackle the challenge from all angles. IBM and UTC offer deep knowledge and background in complex systems design along with challenging applications problems. UC Berkeley and Caltech share an impressive history and achievement in analysis and synthesis. The consortium will operate in the public domain, publishing research and making its findings available for the benefit of industry and academia. The Full Research Report on United Technologies Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/95c1_UTX]
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Cummins Inc. Research Report
On June 2, 2013, Cummins Power Generation, a business unit of Cummins Inc. (Cummins), together with Ad Astra Rocket Company (Ad Astra), announced that a combined team of engineers and technicians from the two companies have successfully powered a Cummins-built electrical generator using mixtures of hydrogen and biogas. Cummins reported that the team's success goes hand-in-hand with a parallel and ongoing technology development to store hydrogen affordably. The team also designed a reliable process to mix and control hydrogen and biogas, and use together as an efficient energy source. These achievements could have long-term positive impacts, especially in the developing world where energy resources are scarcer and less affordable. Franklin Chang Diaz, CEO of Ad Astra, commented, "This is a tremendous achievement in terms of the science and engineering as well as the environmental benefits associated with the use of hydrogen and biogas. The teams from Ad Astra, Cummins and EARTH University came together and used their combined talents and creativity to achieve this key milestone. I am looking forward to the next phase of this program." Further, Tony Satterthwaite, President, Cummins Power Generation and Vice President of Cummins said, "We are pleased to be part of this incredible achievement. This is innovation at its finest and innovation is one of our Company's core values. Further, at Cummins, part of our mission demands that everything we do creates a cleaner, healthier and safer environment and exploring, and investing in new and diverse fuel alternatives helps us meet that important mission." The Full Research Report on Cummins Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/9bae_CMI]
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Honeywell International Inc. Research Report
On May 30, 2013, Honeywell International Inc. (Honeywell) announced that it has received final approval from the U.S. Environmental Protection Agency (EPA) for its new Solstice Performance Fluid (PF), a low-global-warming -potential solvent for precision cleaning of metal and electronic components. The EPA granted the approval under its Significant New Alternatives Policy (SNAP) program. Pamela Schechter, Business Director, Industrial Products for Honeywell Fluorine Products, commented, "Solstice Performance Fluid, also known as Solstice PF, is the most technologically advanced precision solvent on the market today. With a global warming potential of less than 5, it meets today's regulations and potentially surpasses those to come. It is an outstanding option for industries seeking to replace HCFC-225, a widely-used cleaning solvent with a global warming potential of 370, which will be banned from use in the U.S. after 2014. We look forward to working with the aerospace, electronics, and other industries to demonstrate the cleaning power and environmental performance of Solstice PF." The Company's family of Solstice-branded products includes stationary and mobile refrigerants, gaseous blowing agents, solvents, and propellants based on Honeywell's new hydrofluoro-olefin technology that helps customers lower their carbon footprint without sacrificing end-product performance. The Full Research Report on Honeywell International Inc.- including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/4a65_HON]
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Illinois Tool Works Inc. Research Report
On May 28, 2013, Illinois Tool Works Inc. (ITW) announced that it plans to present at the J.P. Morgan 8th Annual Diversified Industries Conference on June 4, 2013, at the J.P. Morgan Conference Center in New York, where ITW's President and CEO, Scott Santi will hold a question and answer session from 9:30 a.m. to 10:10 a.m. ET. The presentation is available at the Company's website. The Full Research Report on Illinois Tool Works Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/716d_ITW]
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