MATHESON acquires Quimby Welding
MATHESON has successfully acquired the assets and business of Quimby Welding Supplies, Inc., based in Portland, Oregon. Quimby is the biggest independent welding supply business in the greater Portland, Oregon and southern Washington areas. With this purchase, MATHESON will add four new locations to its network; the acquired business will become a part of the MATHESON Packaged Division. ESAB orders annealing furnace
SECO/WARWICK will supply a muffle-type wire annealing furnace to ESAB Welding & Cutting. Designed to process stainless steel wire, the system will include exceptional safety features and an updated ceramic insulation system to decrease energy costs. SECO/WARWICK services will include furnace design, manufacturing and installation. Nagy new VP and controller of AGL
AGL Resources has appointed Angela M. Nagy as vice president and controller. In her new role, Nagy will be responsible for the corporate general accounting, financial reporting and retail operations accounting functions of AGL Resources. Coming from Mirant Corporation where she served as VP and controller, Nagy brings extensive accounting and energy sector experience to AGL Resources. Bennett new VP and treasurer of Chevron
Chevron has appointed Paul V. Bennett as vice president and treasurer, effective 1 May 2011. Having served in several senior corporate and operating financial positions, including oversight of Chevron's credit and receivables operations, Bennett is highly qualified to guide financing strategies for the company's overall corporate capital structure as well as their major development projects. He is broadly experienced in treasury and risk management and in his current position, Bennett played an instrumental role in helping to streamline the Downstream and Chemicals business, transforming it into a more profitable, lower-cost organization. Cleeve expands into Western Canada
Cleeve Technology, supplier of wire & cable and interconnect products to electronics markets, has expanded its operations into Western Canada. This further enhances the company’s servicing abilities for its clients in the Mountain and Pacific Time Zones. Established 12 years ago, Cleeve operates worldwide with offices in the United Kingdom, The Netherlands, Germany and Australia. 
ESAB Welding & Cutting Products will construct and operate a new manufacturing plant in South Carolina for its line of MIG and sub-arc welding wires. As a result of this decision, the company will shut down its plant in Ohio. The new 25,000sq/ft plant will be built in Union County, S.C.; the move will allow the company to improve its manufacturing process. Manufacturing will continue at their current plant in Ashtabula, Ohio until the new operation, equipped with new assembly lines and new production equipment, is ready. 
Siemens Energy has been awarded a USD 80 million contract for turnkey construction of the Santo Domingo de los Olleros simple cycle power plant in Peru with an option for a combined cycle plant in the next phase. The purchaser is Peru-based Termochilca SAC. The simple cycle plant is scheduled to start commercial operation in late 2012. 
Ocean Power Technologies, Inc. (OPT) has awarded four major new contracts to Oregon companies in connection with the manufacture of its PB150 PowerBuoy® wave energy generating device, and its deployment off the coast of Reedsport, Oregon. Including the previously awarded contract to Oregon Iron Works (OIW) for the fabrication of the buoy’s steel structure, or spar, the new contracts bring the total amount invested by OPT in the local economy to over USD 6 million. 
Lincoln Electric has updated their Outback® 145 with a Kohler® 9.5 HP Model CH395 OHC (overhead cam) gasoline engine. Ideal for jobsites and outdoor welding application that require a rugged and easily portable machine, the Outback includes a reliable generator. It is specifically designed for contractors, maintenance crews, farmers and ranchers; it can also be used on service trucks where portable DC stick welding and AC generator power is needed. 
International Finance Corporation, a branch of World Bank, will invest USD 30 million in Kalyani Gerdau Steels to help revive the company’s operations that were shut down for more than 18 months. A JV between the Brazilian steel firm Gerdau and India’s Kalyani group, the company discontinued operations upon realizing that they were unviable due to certain technical issues.