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AlliedSignal Amorphous Metals And Crompton Greaves Plan Next Generation Of New Energy Efficient Power Transformers.


MORRIS TOWNSHIP There are several places named Morris Township in the United States:
  • Morris Township, Minnesota
  • Morris Township, New Jersey
  • Morris Township, Clearfield County, Pennsylvania
  • Morris Township, Greene County, Pennsylvania
, N.J.--(BUSINESS WIRE)--June 26, 1997-- AlliedSignal Amorphous Metals announced today that it has signed a memorandum of understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment.  with Crompton Greaves This article or section is written like an .
Please help [ rewrite this article] from a neutral point of view.
Mark blatant advertising for , using .
 Ltd. of Bombay to jointly develop ultra-high-efficiency amorphous metal transformers for India's industrial power market. The agreement between the companies is expected to be finalized later this year.

"We believe this agreement, our first new product joint development effort, is targeted to the next generation of large industrial and dry-type amorphous metal transformers that will dramatically boost their energy efficiency and cost savings potential," AlliedSignal Amorphous Metals Vice President and General Manager Bruce Fisher Bruce Fisher is an American songwriter and musician best known for his collaborations with Billy Preston.

Fisher's songs best-known songs include "You Are So Beautiful", "Will It Go Round In Circles", and "Nothing From Nothing", all co-written with Preston.
 said. Current amorphous transformers have a capacity range of up to 3,000 kilo Thousand (10 to the 3rd power). Abbreviated "K." For technical specifications, it refers to the precise value 1,024 since computer specifications are based on binary numbers. For example, 64K means 65,536 bytes when referring to memory or storage (64x1024), but a 64K salary means $64,000.  Volt Amps (kVA) of power. Fisher predicts the joint development effort with Crompton Greaves will lead to transformers with a 10,000 kVA capacity power range.

Crompton Greaves is India's largest private sector manufacturer of transformers, while AlliedSignal Amorphous Metals has pioneered the development and commercialization of amorphous metals which -- through their unique magnetic and electric properties -- help electric utilities and industries achieve higher efficiencies by lowering system losses.

The proposed agreement calls for Crompton Greaves to import Metglas(R) amorphous metal alloy from AlliedSignal`s U.S. manufacturing facility in Conway, South Carolina Conway is a city in Horry County, South Carolina, United States. The population was 11,788 at the 2000 census. It is the county seat of Horry CountyGR6. It is the home of Coastal Carolina University.  and use it in transformer cores that Crompton Greaves will manufacture for industrial, commercial and residential customers. Additionally, Crompton Greaves and AlliedSignal plan to jointly develop large kVA and dry-type transformers as soon as possible at an existing Crompton Greaves manufacturing site in Gwalior, India, also using Metglas(R) amorphous metal alloy imported from AlliedSignal's South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures


Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15.
 facility. Dry-type transformers, unlike conventional transformers, do not use oil which can cause safety problems in buildings.

India's power sector uses an estimated 150,000 transformers annually. Crompton Greaves and AlliedSignal Amorphous Metals are targeting a significant share of that market: transformers with power ratings of 500 to 5000 kVA that serve utilities in urban areas, including hospitals and cinemas. Crompton Greaves already has a considerable share of the Indian market. The companies plan to substantially grow both local and export markets.

"The use of our Metglas(R) amorphous cores can cut a utility's energy costs by as much as 80%," Fisher said. "Despite costing more upfront than conventional silicon steel transformers, this enormous energy-saving effect enables customers to recoup these extra costs in about three years. Fisher noted that "energy savings would continue to accrue over the transformers' 25-year service life."

Crompton Greaves Power Systems Division President Ranjan Dasgupta said that the energy efficient transformers' cost savings would help India's State Electricity Boards to cost effectively accommodate long term growth in demand for power "since energy saved is energy generated." He also said that Crompton Greaves is also considering building these transformers in Malaysia, where it already has a large presence.

With more than 700 patents, AlliedSignal Amorphous Metals is the world's leader in amorphous metals technology. In addition to electrical transformers, its Metglas(R) amorphous metals are used in anti-theft tags for clothing and other consumer goods consumer goods

Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and
, and in electronic components in devices including personal computers, printers and facsimile machines.

AlliedSignal Amorphous Metals is a unit of AlliedSignal Inc., a US$14 billion advanced technology and manufacturing company with 77,000 employees at 325 facilities in 40 countries. Headquartered in northern New Jersey, AlliedSignal Inc. serves customers worldwide with advanced materials Advanced Materials is a leading peer-reviewed materials science journal published every two weeks. Advanced Materials includes Communications, Reviews, and Feature Articles from the cutting edge of materials science, including topics in chemistry, physics, , aerospace and automotive products, chemicals, fibers and plastics. It is among the largest 85 companies on the Fortune 500 list and it is one of 30 companies included in the Dow Jones Industrial Average Dow Jones Industrial Average

The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange.
.

CONTACT: Edward M. Romanoff (USA)

AlliedSignal Public Affairs Those public information, command information, and community relations activities directed toward both the external and internal publics with interest in the Department of Defense. Also called PA. See also command information; community relations; public information.  

973/455-2144

or

David Nathasingh (USA)

AlliedSignal Amorphous Metals

973/581-7691

or

Fred Pereira Fred “Fredy” Pereira is a former U.S. soccer forward who spent three seasons in the North American Soccer League and earned six caps with the U.S. national team in 1977.  (Singapore)

AlliedSignal Amorphous Metals

65-864-1284
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Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 26, 1997
Words:618
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