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Honeywell builds on commitment to China
TIANJIN, China (August 20, 2003) - Honeywell Industrial Measurement and Control has opened a center for assembling smart pressure transmitters in Tianjin, China.
The 660-square-meter facility, which employs 100 local residents, will provide the Asia-Pacific region with products designed to measure pressure, flow, and level in industrial processes.
"This is another example of Honeywell's plans to strengthen its China operations and to expand throughout the growing Asia-Pacific region," said John O'Higgins, President, Honeywell Automation and Control Solutions Asia Pacific. "This center will allow us to better serve our customers in the region with faster response, shorter delivery times and local support." The Tianjin Assembly Center will receive and stock electronics and other core transmitter components from Honeywell's U.S. manufacturing facility. Tianjin employees will assemble, calibrate, package and ship the final product. "Customers can be assured they will receive only top-quality products," said Yue Sheng Jiang, Manager of the Tianjin Assembly Center. "Quality control systems are in place, all workers are fully trained and certified, and a team from our U.S. factory oversees quality issues." Honeywell (www.honeywell.com) claims to be known for its ST 3000 Smart Pressure Transmitters. 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DuPont Reports Fourth Quarter DividendWILMINGTON, Del., Oct. 30 -- DuPont today declared a fourth quarter common stock dividend of 35 cents per share, payable Dec. 14 to stockholders of record Nov. 15. This dividend is the same as that paid in the third quarter 2002. This is the 393rd consecutive quarterly dividend since the company's first dividend in the fourth quarter of 1904. Agrium: Third Quarter Results Meet Expectations While Industry Outlook ImprovesCALGARY, Alberta--Oct. 29, 2002-- Agrium Inc. announced today that its third quarter net earnings were $1-million (a loss of $0.01 per common share), a significant improvement over the net loss of $17-million (a loss of $0.17 per common share) for the third quarter of 2001. This is consistent with First Call consensus estimates of a loss of $0.01 per share. Vos Logistics taps TranswideTHE NETHERLANDS (October 29, 2002) - Vos Logistics, an asset-based logistics provider, is to gain one-to-many electronic communication following its link to Transwide, a logistics hub based in Europe. FMC Corporation Announces Refinancing PlanPHILADELPHIA, Sept. 19 -- FMC Corporation announced today that it is commencing a refinancing that is expected to include: a new $550 million senior secured credit agreement, consisting of a three-year revolving credit facility and a five-year term loan; a $300 million offering of senior secured notes due in 2009; and a $40 million supplemental letter of credit facility. OM Group, Inc. Revises Third Quarter EstimatesCLEVELAND, Sept. 19 -- OM Group, Inc. today announced that, based on preliminary estimates, it expects earnings per diluted share for the 2002 third quarter will be below its prior earnings guidance of $.89 to $.94 per share. Chemicals sector participates in rollout of National Strategy to Secure CyberspacePALO ALTO, California (September 18, 2002) - The Chemicals Sector Cyber-Security Information Sharing Forum (Forum), a broad cross-section of trade associations and individual companies within the chemicals sector, have participated in the unveiling of the President's National Strategy to Secure Cyberspace. IDC: IT security spending poised to soarSpending on IT security is projected to grow at twice the rate of other IT spending, according to a new study from IDC that projects the market for IT security and business continuity solutions will double by 2006. Apogee 2nd Quarter Earnings Exceed Expectations On Lower RevenuesMINNEAPOLIS--Sept. 18, 2002--Apogee Enterprises, Inc., which develops and delivers value-added glass products and services for the architectural, automotive and large-scale optical industries, today announced that second quarter fiscal 2003 earnings were $0.30 per share, or $8.6 million, versus $0.36 per share, or $10.3 million, in the fiscal 2002 second period. Pacific Sands Inc. Expands Product Line and Focuses on Future MarketsCLOVIS, Calif. --Sept. 18, 2002--Pacific Sands Inc. announced the expansion of its product line for 2002 and beyond. DuPont Titanium Technologies launches new portalWILMINGTON, Delaware (September 18, 2002) - DuPont Titanium Technologies has launched a collaboration and knowledge portal designed to provide members with personalized information and tools that will make it easier to do business. Deloitte Consulting teams with IBM to deliver SAP solutions to the chemicals industryLONDON (September 18, 2002) - Deloitte Consulting has teamed with IBM to provide DC Chemicals (Deloitte Consulting Chemicals) on IBM’s eServer. DuPont Sourcing selects AspenTech Enteprise PlatformCAMBRIDGE, Massachusetts (September 13, 2002) – DuPont Sourcing has selected Aspen Technology’s Aspen Enterprise Platform (AEP), as a corporate standard. According to the partnering companies, the platform will integrate manufacturing and enterprise resource planning (ERP) applications globally across its DuPont Sourcing’s Fluoroproducts and Titanium Technologies business units. Plasticsgrid and IQMS partner to provide ERP II Software to European plastics processorsSTOCKHOLM, Sweden (September 17, 2002) - Plasticsgrid, a provider of e-commerce services to the European plastics industry, has formed an agreement with IQMS, a provider of enterprise software (ERP) to the North American plastics industry. Under the terms of the agreement, Plasticsgrid will provide IQMS sales and service to European manufacturers.
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