AlliedSignal And Dynapower Corporation Announce Joint Venture To Produce Advanced Electrical Transformer Technology.MORRISTOWN, N.J.--(BUSINESS WIRE)--February 12, 1998-- -- More Efficient Technology Impacts Industry and Utilities -- AlliedSignal and Dynapower Corporation today announced the formation of a new joint venture company called UltraGlas(tm) Power Products, which will design and manufacture advanced, ultra energy-efficient transformers for use in electric distribution for industrial and utility applications. Terms of the joint venture were not disclosed. UltraGlas transformers will marry the high-energy efficiency of AlliedSignal's Metglas(R) amorphous metal An amorphous metal is a metallic material with a disordered atomic-scale structure. In contrast to most metals, which are crystalline and therefore have a highly ordered arrangement of atoms, amorphous alloys are non-crystalline. cores with Dynapower's proprietary Ultracast (tm) Rectoval(tm) cast coil transformer design This page deals primarily with the design of electrical transformers. For the definition, function, and history, see Transformer. In electrical engineering, practical transformer design requires knowledge of electrical principles, materials, and economics. . The result is a new dry-type cast coil transformer that reduces electrical losses by up to 80 percent, providing increased energy efficiency, improved operating costs operating costs npl → gastos mpl operacionales and lower total ownership costs. Now, industrial and commercial customers and electrical utilities have an energy-efficient alternative to liquid-filled or standard dry-type transformers. Cast coil technology provides the ultimate in benefits of environmental safety, reduced maintenance, low flammability and protection from industrial contaminants. As industrial companies and utilities seek solutions to increasing energy costs and environmental and safety concerns, the market for cast coil transformers will accelerate. Substations dedicated to small power account for approximately $300-$350 million in the U.S. alone, with growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. for cast coil transformers twice that of traditional liquid-filled transformers. Growth in Asia and other regions of the world for this product is significant as commercial, industrial and infrastructure development drive demand. These transformers, with 20-30+ years of life expectancy Life Expectancy 1. The age until which a person is expected to live. 2. The remaining number of years an individual is expected to live, based on IRS issued life expectancy tables. , could potentially provide hundreds of millions of dollars in savings by improving energy efficiency in the electrical distribution chain. "UltraGlas is a direct response to market demand for innovative solutions for more efficient power delivery. By using this new combined technology, utilities can provide 20-30% more power to their customers without investment in new power generating plants, which also will help to decrease emissions that impact global warming global warming, the gradual increase of the temperature of the earth's lower atmosphere as a result of the increase in greenhouse gases since the Industrial Revolution. and pollution," said Peter Pollak, President of Dynapower Corporation. "UltraGlas Power Products draws on the strengths of Dynapower, known for its leadership in product innovation, quality and reliability, and AlliedSignal's Metglas Power Partners team, which works with its customers to design, deliver and support unique, cost-effective, energy-efficient product solutions." As energy users seek cost-reduction opportunities to enhance their competitiveness, UltraGlas transformers offer a unique solution: Guaranteed lower energy losses and reduced power costs for the life of the transformer. These cast coil amorphous metal transformers are key to improving energy efficiencies in an environmentally sound way, resulting in improved economics for both energy-intensive industries and utilities. "Last month's Global Summit on climate change in Kyoto turned the world's attention to issues of global warming and called for industry to help develop technologies that protect our planet while helping fuel economic growth," said 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. , Vice President and General Manager, AlliedSignal Amorphous Metals. "UltraGlas Power Products is taking an important step in solving this seeming dilemma. This is the first venture to combine the safety and reliability benefits of cast coil technology with the superior efficiency qualities of Metglas amorphous metal alloy. The UltraGlas transformer is a product that helps increase electrical efficiency The efficiency of an entity (a device, component, or system) in electronics and electrical engineering is defined as useful power output divided by the total electrical power consumed (a fractional expression). The Benefits of UltraGlas The UltraGlas transformer is significantly more efficient than traditional transformers with silicon steel cores. Dynapower is the only company that manufactures the unique Rectoval(TM) coil design and the only company utilizing superior, UL-recognized epoxy resin, ensuring a long service life, increased safety, reduced flammability, high overload capacity, and virtually maintenance-free operation. The random, non-crystalline atomic structure of Metglas amorphous metal alloy allows for easier magnetization than silicon steel when a magnetic field is applied, resulting in a transformer with significantly less no-load losses. The pairing of these technologies in the UltraGlas transformer results in a more efficient, more environmentally sound and safer transformer than is currently available anywhere in the marketplace. Availability UltraGlas transformers will be available in Q2 1998 at sizes up to 3000 kVA in both the U.S and internationally. In the U.S., Dynapower will sell directly to customers while AlliedSignal will spearhead international efforts. Customer inquiries can be made at 800-292-6792, 802-860-7200 or 802-864-3782 (fax); in Asia at 65-864-1284 or 65-861-2506 (fax); or at UltraGlas@dynapower.com. About Dynapower Dynapower Corporation is a world leader in large specialty power systems. Founded in 1963 and headquartered in South Burlington, Vermont South Burlington is a city in Chittenden County, Vermont, in the United States. As of the 2000 census, the city population was 15,814. It is composed of multiple sets of suburban neighborhoods and a commercial center, which the residents are slowly converting to a downtown. , with sales offices throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Asia, Europe and South America, Dynapower provides custom power transformers using unique Ultracast technology as well as large AC to DC power converter systems. Through intensive engineering and research in product development, Dynapower serves industries as varied as steel, aluminum and automotive to medical applications and utilities. An advanced technology and vertically integrated manufacturing company, all components and subassemblies are designed, produced and tested in house, as part of a continuous process of product innovation. About AlliedSignal AlliedSignal Electronic Materials is a strategic business unit of AlliedSignal Inc., providing materials solutions to the global semiconductor and electronics industries, and employs 3,000 people worldwide. Based in Los Gatos, California “Los Gatos” redirects here. For the Argentine rock band, see Los Gatos (band). Los Gatos is an incorporated town in Santa Clara County, California, United States. The population was 28,592 at the 2000 census. , it has sales, marketing and manufacturing facilities in California, Wisconsin, Arizona, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , 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. , Indiana, Taiwan, China, Germany and India. Its businesses include Amorphous Metals, Laminate Systems, Advanced Microelectronic Materials (AMM AMM Autorisation de Mise sur le Marche (French) AMM Autorisation de Mise sur le Marché (French: Commission of Marketing Authorization) AMM ASEAN Ministerial Meeting AMM American Metal Market ), AlliedSignal Substrate Technology & Interconnects (ASTI), Oak-Mitsui and Optical Devices. With corporate headquarters in Morristown, New Jersey Morristown is a town in Morris County, New Jersey, United States. As of the United States 2000 Census, the town population was 18,544. Its estimated population in 2004 was 18,842. It is the county seat of Morris CountyGR6. , AlliedSignal Inc. is a $14 billion advanced technology and manufacturing company with 70,000 employees at more than 300 facilities in 40 countries. It serves customers worldwide with advanced materials, aerospace and automotive parts, chemicals, fibers and plastics. It is among the largest 100 companies on the Fortune 500 and 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. (NYSE NYSE See: New York Stock Exchange : ALD ALD abbr. adrenoleukodystrophy ALD, n.pr See adrenoleukodystrophy. ALD aldolase. ). CONTACT: Lisa Orlandini or Michael D'Arcy Ruder Finn 212-593-6368 or 212-583-2765 or Laura Williams Denise Knight Dynapower AlliedSignal 802-652-1321 973-455-5743 |
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