W&O Inks Distribution Deal with Tranberg
W&O, a global supplier to the marine and upstream oil and gas markets for pipe, valves and fittings, valve automation, and engineered solutions, announced a new OEM partner, Tranberg. A member of R. STAHL Technology Group, Tranberg offers offshore, marine and helideck lighting control solutions. W&O will assume exclusive distribution responsibilities…
GE CEO Immelt: Expects to Close Alstom Deal
General Electric Co Chief Executive Jeff Immelt said on Wednesday that GE is still going to "work constructively" with the French government on its bid for the power business of Alstom and that he expects the deal to close. GE has encountered resistance to its $16.9 billion proposal from the government, which has sought to encourage Germany's Siemens as a potential rival bidder. "It's a deal that's executable.
