Accelleron's H1 2026 revenue rose 21% as data center prime power turbocharger deliveries doubled to 5 GW, prompting a raised full-year outlook.
News|Articles|November 1, 2024
Malloy Electric Invests in Locations Across North, South Dakota, Wyoming
Author(s)James Cook
Investments include an additional horizontal boring mill, a commutator repair system, and expanding the Wyoming shop’s footprint with a new test stand and 40-ton crane.
Advertisement
Malloy Electric is investing capital expansions in three locations across the United States’ western and midwestern regions. The investments include:
- Acquiring an additional horizontal boring mill for the Dakota Dunes, SD location to support the existing Johnford boring mill.
- Customized boring system technologies to increase its capabilities while reducing set-up times compared to traditional systems.
- A universal commutator repair system for direct current machines in the Mandan, ND location, complementing the vacuum pressure impregnation system for the oil, gas, and mining industries.
- And a 20,000-square-foot expansion of Elite Industrial’s shop in Wyoming, including a new test stand and 40-ton crane.
“Investing in talent, technology, and facilities is not just about growth; it’s about fostering an environment where great ideas and innovation thrive, enabling us to serve our customers better and solve their problems effectively,” said Chris Houwman, CEO of Malloy.
Advertisement
Related to this article
Record IET orders fuel Baker Hughes’ $37B backlog as LNG liquefaction and data-center power turbine demand accelerates, reshaping supply chains.
Siemens Energy is rebranding as Omterra, unifying its gas turbine, compressor, and Siemens Gamesa wind portfolios under one corporate identity.
Baker Hughes completes its Chart Industries acquisition, forming a new industrial segment with expanded capabilities in LNG, hydrogen, and thermal management.
The artificial intelligence boom, defined by record OEM backlogs, a 66% surge in plant construction costs, a behind-the-meter revolution, and a decarbonization reckoning, is forcing every layer of the turbomachinery industry to adapt at a pace it has never seen before.
A structured process control redesign eliminates five recurring nuisance-trip causes on a 500 HP water injection pump, clearing the way for full automation.
EthosEnergy streamlines after private equity buyout, divesting noncore assets and investing in turbine IP to sharpen focus and capture rising power demand.
EthosEnergy sold its O&M business, spanning 200+ facilities, to Brown & Root. CEO Ana Amicarella details the strategy behind the divestiture.
Advertisement
Advertisement