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Browsing Category Company News
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Company News
Job losses, furloughs and pay cuts at Capstone Turbine
Capstone Turbine Corporation’s leadership team has taken a voluntary 25% temporary salary cut, as well as the fiscal 2020 Executive Bonus in equity in lieu of cash, if ...
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Company News
New Siemens Energy firm will be independent but linked to parent firm
Siemens AG has answered several key questions over how its energy spin-off will look like in the near term. Key among them is stake sale and potentially allowing ...
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Company News
MHI not to press any copyright claim in COVID fight
Mitsubishi Heavy Industries (MHI) has decided to participate in the Open COVID-19 Declaration. MHI Group agrees, within a specified time frame and without seeking any compensation, not to ...
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Company News
Siemens committed to spinning off energy division
Siemens is adhering to its plan to spin off and publicly list Siemens Energy before the end of fiscal 2020. The company expects to record a spin-off gain, ...
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Company News
Elliott offers compressor training course online
Elliott Turbo is offering a new online course: “Centrifugal Compressor: Major Components – June 2, 2020 @ 9:00 AM to 12:00 PM EST” Participants will learn about the ...
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Company News
Voith, Moog to form joint venture
The global technology company Voith Group and Moog Inc., both developers, manufacturers and suppliers of electric, hydraulic and hybrid drive solutions, have signed the contracts to form the ...
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Company News
Elliott appoints new VP for service
Elliott Group has named Shane Reph Vice President of Global Service, effective May 4, 2020. Shane replaces Ronald Frye, who has retired after more than 40 years with Elliott. ...
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Company News
During Covid, remote diagnostics achieves troubleshooting of feed water pump
Every two years, nuclear customer Cofrentes (Iberdrola) has a planned outage to refuel the reactor and maintain the plant. The customer is one of the largest nuclear PP ...
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Company News
EPRI endorses hot section inspection technique
The Electric Power Research Institute (EPRI) has evaluated the application of an inspection technology developed for jet aircraft engines to help operate industrial and power sector gas turbines ...
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Company News
Management shake-up at Doosan Škoda
Doosan Heavy Industries has made changes in the top management of its subsidiary, Doosan Škoda Power, in keeping with what it has called the “long-term unfavourable situation in ...
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Turbomachinery Magazine brings you the latest and most comprehensive news and perspective in the industry.
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