Clipped to the Drawing Board by Adam Crighton
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When New York City wanted to make the biggest purchase of subway cars in U.S. history in the late 1990s, more than 3 billion dollars worth, the only companies that were able to bid on the contract were foreign. The same problem applies to high-speed rail today: only European or Japanese companies could build any of the proposed rail networks in the United States. The U.S. has also ceded the high ground to Europe and Japan in a broad range of other sustainable technologies. For instance, 11 companies produce 96% of medium to large wind turbines; only one, GE, is based in the United States, with a 16% share of the global market. The differences in market penetration come down to two factors: European and Japanese companies have become more competent producers for these markets, and their governments have helped them to develop both this competence and the markets themselves.
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Tuesday 17 June, 2008 08:05 PM |
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Clipped to the Drawing Board by Yan Chu
McDermott International, Inc . announced today that a subsidiary of J. Ray McDermott, S.A. has entered into a joint venture with a subsidiary of state-owned China Shipbuilding Industry Corporation ("CSIC").
The joint venture company, Qingdao McDermott Wuchuan Offshore Engineering Company Ltd. ("McDermott Wuchuan"), plans to establish a new facility on over 111 acres in HaiXiWan, Qingdao, Shandong, China.
This new facility is anticipated to be strategically located adjacent to two new CSIC shipyards: Qingdao Wuchuan Heavy Industry Co. Ltd. (J. Ray's joint venture partner) and Qingdao Beihai Shipbuilding Heavy Industry Co. Ltd. In this developing area, CSIC has one floating dock and five dry docks capable of accommodating vessels up to 500,000 deadweight tons.
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Tuesday 17 June, 2008 04:03 PM |
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Clipped to the Drawing Board by David Singh
Over the past 12 years, New Berlin-based Emteq Inc . has evolved from a basement startup company to a global aerospace supplier specializing in airline components, lighting, engineering and certification that expects $100 million in revenues by 2010.
The firm’s customers are primarily the military, aerospace original equipment manufacturers (OEMs) and aircraft manufacturers. Emteq’s founders – Jerry Jendusa, Jim Harasha and Todd Lyda – began designing and building radio frequency cables for aircraft in the basement of Jendusa’s Wind Lake home in April 1996.
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Monday 16 June, 2008 12:52 AM |
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Clipped to the Drawing Board by Susan Decker
PLANO, Texas and BEIJING - Siemens PLM
Software , a business unit of the Siemens Industry Automation Division and a
leading global provider of product lifecycle management (PLM) software and
services, today announced Tianjin Motor Dies Co., Ltd., the largest
independent private company of automobile dies in China, has selected NX(TM)
software to reduce development costs, enhance product quality and trim time to
market.
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Saturday 14 June, 2008 04:53 AM |
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Clipped to the Drawing Board by John William
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The stereotypical Hollywood image of a freshly tapped oil field usually conjures up scenes of a wide-open scrubland dotted with cactus, a blazing overhead sun and a tall wooden derrick. Out of the top of the derrick sprays thick, black crude oil, covering everything around it, while oil-slicked riggers dance and rejoice at having finally struck “black gold.” As this somewhat fanciful image implies, oil and natural gas reserves trapped thousands of feet below ground are subject to hydrostatic pressure. This naturally occurring phenomenon drives the oil or gas to the surface, making it relatively easy to extract. This pressure, however, diminishes over time, even when substantial amounts of recoverable oil or gas still remain in the ground.
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Saturday 14 June, 2008 02:52 AM |
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