Printer Friendly

INSTITUTE OF TEXTILE TECHNOLOGY RECEIVES DUKE POWER GRANT

 CHARLOTTESVILLE, Va., Jan. 5 /PRNewswire/ -- The Institute of Textile Technology (ITT) has entered into a partnership with Duke Power Company (NYSE: DUK) to encourage the development and implementation of electricity-based energy management programs for the textile industry.
 Under the agreement, the Charlotte, N.C.-based utility has awarded a $500,000 grant to ITT for the research of innovative energy-efficient technologies for textile manufacturers. The funding will cover a five- year period.
 "Textile companies represent a significant segment of Duke Power's customer base," said Mike Crews, manager of Duke Power's research and development. "It is beneficial to look for ways to better manage energy consumption and work together to create cost effective and environmentally friendly energy solutions."
 Through this partnership, ITT and Duke Power will encourage the utilization of cost-effective electrotechnologies such as radio- frequency dryers, industrial heat pumps and infrared dryers. In addition, energy management programs for electric motors, air compressors and lighting will be promoted.
 "We believe electrotechnologies will help textile manufacturers better manage energy costs and improve productivity," said Jack Middleton, ITT representative. "We appreciate Duke Power's support and collaboration in this effort."
 The Institute of Textile Technology was founded in 1944 and is headquartered in Charlottesville, Va. It is a non-profit research, educational and information center funded by the textile industry and related organizations.
 Duke Power Company, with 1992 revenues of $4 billion, serves more than 1.6 million residential, commercial and industrial customers in the central region of North Carolina and South Carolina.
 -0- 1/5/94
 /CONTACT: Jack Middleton, Institute of Textile Technology, 804-296-5511, or Marianna Mason of Duke Power, 704-382-8374/
 (DUK)


CO: Institute of Textile Technology; Duke Power Company ST: North Carolina, South Carolina IN: TEX UTI SU:

DF -- CH005 -- 9416 01/05/94 14:51 EST
COPYRIGHT 1994 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1994 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jan 5, 1994
Words:294
Previous Article:JUBILEE CASINO ANNOUNCES SNEAK PREVIEW OPENING
Next Article:JUSTICE DEPARTMENT SUES ARIZONA COUNTY AND MOBILE HOME PARK FOR DISCRIMINATING AGAINST FAMILIES WITH CHILDREN
Topics:

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters