Free press releases distribution network?

Agency / Source: Metglas, Inc.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Metglas, Inc. Announces $20 Million Expansion to Amorphous Metals Production Facility - Metglas, Inc, a subsidiary of Hitachi Metals America, Ltd., is expanding their operations with approximately $20 million capital investment that will create 25 new jobs over the next three years - Metglas.com
Metglas, Inc. Announces $20 Million Expansion to Amorphous Metals Production Facility

 

PRZOOM - /newswire/ - Conway, SC, United States, 2008/07/30 - Metglas, Inc, a subsidiary of Hitachi Metals America, Ltd., is expanding their operations with approximately $20 million capital investment that will create 25 new jobs over the next three years - Metglas.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Metglas (metglas.com), located, within the Atlantic Industrial Center in Conway, is the world pioneer in the development and commercialization of amorphous metal. Metglas currently exports over 90% of the materials manufactured in the Conway plant for applications that include transformers, medical equipment, automotive emission reduction and anti-theft devices.

Amorphous metal distribution transformers are the globally accepted method of maximizing electricity distribution energy efficiency and minimizing greenhouse gas emissions from generation while providing measurable economic value to utilities. The October 2007 US Department of Energy regulation Energy Conservation Program for Commercial Equipment: Distribution Transformers Energy Conservation Standards, effective January 1st 2010, mandates energy efficiency that is easily achievable with Metglas amorphous electrical steel.

“This expansion will allow Metglas to better serve the electricity transmission and distribution market by allowing for the manufacture of more ultra-efficient Metglas-based transformers. Both utilities and electricity consumers will benefit by saving money over the life of the transformer due to lower energy losses” says Dave Millure, Senior Vice President of Sales and Marketing at Metglas, Inc. “A significant share of the new transformers in India, China and other Asian countries already includes Metglas. Now, with the ability to supply more to the Americas and European markets, the entire world will be able to take advantage of this important technology.”

The expansion of the casting operations at the Conway facility will increase the supply of Metglas electrical steel for transformers by over 50% allowing the company to better supply the growing North and South American markets with energy efficient solutions to electricity distribution. If similar expansions elsewhere in the world are included, Hitachi Metals will have increased capacity by over 300% by the time the Conway expansion is complete. “This investment in eco-friendly Metglas further demonstrates Hitachi Metals’ overarching desire to provide solutions to the world that lower greenhouse gas emissions in a cost effective manner for customers.” says Dodd Smith, President and Chief Operating Officer, Metglas, Inc.

“Metglas stands ready to work with transformer makers to ensure that they make the best use of the extraordinary properties that Metglas provides. We also look forward to any opportunity to talk with utilities to explain the value that a Metglas-based transformer can bring to them and their customers.” says Millure.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Metglas, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


Metglas, Inc. Announces $20 Million Expansion to Amorphous Metals Production Facility

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Dave Millure - Metglas.com 
843-349-6800 metglas[.]metglas.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Metglas, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Metglas, Inc. / Company Profile


Read Manufacturing/Robotics Most Recent Related Press Releases:

Raritan Unveils Intelligent Cabinet Concept in Collaboration with Legrand Data Communications At Gartner Conference
Beretta Continues Global Celebration of its 490th Anniversary with Unveiling of One-of-a-Kind Shotgun in New York City
LANXESS Virkon S Proven to Kill Highly Pathogenic Avian Influenza Strains
BASF to Offer Tailor-made Product Innovation At European Coatings Show
Nexans to Drive Sustainable Transportation At its Annual Technical Conference
Tripp Lite Introduces A New Series of Pre-assembled 40 Gb to 10 Gb Breakout Fiber Patch Panels
Borealis and Asmidal Sign Memorandum of Understanding to Jointly Evaluate Opportunities for Melamine Production in Algeria
SCHOTT’s New Ultra-Thin Glass is the Thinnest, Toughest, Most Eco-Friendly Glass for Consumer Electronics
Hexagon Manufacturing Intelligence Supplies PTB with Leitz PMM-G
Atlas Copco Completes Acquisition of Chinese Self-pierce Riveting Solutions Business

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  JobsWare.com

Visit  BizJobs.com

Visit  NAKIVO, Inc.







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today