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APV Sold to SPX Corp.
London,
England -- Invensys PLC announces that it has entered into
an agreement to sell APV to SPX Corporation for a cash
consideration of £250 million, subject to customary
regulatory approvals. The disposal is being made on a “debt
free/cash free” basis and completion is expected to take
place by the end of December 2007.
APV is
a global supplier of process engineering solutions for the
food, beverage, pharmaceutical and healthcare industries.
During the year ended 31 March 2007, APV produced operating
profit before exceptional items of £16 million on revenue of
£421 million and at that date had gross assets of £284
million. APV will be treated as a discontinued operation in
the second quarter results to 30 September 2007 which are
due to be published on 8 November 2007 and its net assets of
£78 million will be included in the 30 September 2007
balance sheet as “Assets held for sale”.
Following discussions with the Trustee of its main UK
pension fund, the Invensys Pension Scheme (“the Scheme”),
Invensys PLC has agreed to contribute £70 million of the
proceeds to the Scheme at completion. The effect of this
additional payment upon the payment schedule announced last
year will be evaluated as part of the actuarial review of
the Scheme as at 31 March 2008. The US pension scheme will
receive 4% of the proceeds and the balance will be used to
pay down corporate debt.
Ulf
Henriksson, Chief Executive of Invensys PLC, commented, "I
am pleased that APV will be owned by SPX Corporation as it
is a good strategic fit with their existing businesses. This
is a good deal for both Invensys and SPX and we wish APV
every success in the future. This transaction enables us to
focus management attention on our other operations as we
seek to become a sustainable, high performance and cohesive
company.”
Source:
http://www.invensys.com/
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This
newsletter is sponsored by: |
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Free : Guide to Reduction of
Metal Contamination
Tampa,
FL -- Mettler-Toledo Safeline has produced a highly
comprehensive guide to metal detection that is specifically
aimed at assisting the global food production and
pharmaceutical industries.
Entitled ‘Reduction of Metal Contamination – Building an
Effective Program’, this guide replaces the original
Safeline Guide to Reducing Metal Contamination (known in the
industry as ‘The Red Book’) - a document that was widely
regarded across the food and pharmaceutical sectors as
‘essential reading’. Significantly updated, presenting
current thinking and available totally free of charge, this
latest document provides even higher levels of information
than were contained in its predecessor.
Detailing every aspect that must be considered in the
creation, implementation and maintenance of an effective
metal detection program, the guide is clearly written, laid
out in a logical fashion and supported by useful diagrams,
charts and illustrations. Throughout the document, margin
notes draw the reader to points of particular importance,
whilst clear symbols indicate best practice, practice that
could result in incorrect operation and records that should
be generated in order to demonstrate the effective operation
of the metal detection program. There is also ample space
for the user’s own notes.
Joe
Gianfalla, Marketing Manager for Safeline comments, “The
need for metal detection systems in the food and
pharmaceutical industries is recognized by most
manufacturers and processors as an essential area of focus
in any efficient quality regime. In today’s increasingly
competitive marketplace, new legislation, the tightening of
industry standards and the growth of regulatory bodies has
meant that the importance of being able to demonstrate that
an effective metal detection program is in place has
escalated considerably.”
Overall Metal Detection Program
“That
said,” he continued, “merely installing metal detectors will
not necessarily guarantee that a metal-free product is
produced. For that to be achieved, those detectors must form
part of an overall metal detection program. In producing
this guide, we have ensured that manufacturers have access
to the information necessary in the setting-up of such a
program. An effective metal detection strategy can provide
protection against product failure and recalls, help to
maintain hard-fought supplier certification status and
reduce overall operating costs. It can also support the
ability to prove that reasonable precautions and due
diligence have been applied in the manufacturing process in
the event of a legal claim situation.”
Providing a definitive reference point for those involved in
food safety, the Safeline guide gives a valuable insight
into all aspects of metal detection in the modern production
facility, from basic principles through to implementing a
comprehensive metal detection solution.
Chapters one to four provide an overview of how metal
detectors work, an explanation of important design features,
an insight into those factors that could potentially limit
performance of the equipment and the integration of metal
detectors with effective rejection systems. The remaining
chapters then provide comprehensive details into building an
effective program. Issues covered include the reasons for
metal detection, the prevention of contamination, selecting
control points in the production facility, understanding
operating sensitivity, and installation and commissioning.
The
guide then concludes with information regarding the
essential elements of equipment testing and validation
procedures. These topics include: how to conduct tests, the
correct handling of suspect and rejected product, the
analysis of data and the electronic collection of data in
enterprise-wide management information systems.
For
more information visit:
http://www.mt.com/safelineus
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WBF 2008 : "Shaping the Future
of Manufacturing"
Jacksonville,
FL -- For the first time in many years, Interphex has moved
from New York City to another location. As a result, for the
first time ever, Interphex will be in the same city during
the same week as our 15th annual conference near
Philadelphia.
The
WBF conference will be held March 24-26, 2008 in the
historic Valley Forge area of Philadelphia. Interphex will
be March 26-28 in the Philadelphia Convention Center,
allowing WBF conference attendees to attend the WBF
technical conference and still have plenty of time to attend
the Interphex show and conference.
The
theme of WBF 2008 is "Shaping the Future of Manufacturing,"
a reminder of the many manufacturing “firsts” that have
resulted from past WBF conferences. ISA-95 and the Make2Pack
working groups will give attendees a greater understanding
of current and upcoming manufacturing management,
integration, control methods and technologies.
There
will be optional tutorials on the afternoon of Monday, March
24, followed by an evening networking reception. For the
first time in North America, the conference will run for two
full days (Tuesday and Wednesday). This is the same format
we have used for several years with our very successful
European conferences. In another innovation, we will close
this conference on the afternoon of Wednesday, March 26 with
an outstanding speaker: Industry pioneer Pat Kennedy – the
founder and owner of OSISoft – followed by a buffet
reception.
Many
of our members are associated with pharmaceutical
manufacturers or other companies linked with the
pharmaceutical industry and will want to attend the
Interphex Show as well as our conference. Because of the
extent of that show and the handy access to the airport from
center city, others may want to join them. Our staff is
working with Interphex to see if there are topics and
presentations that can be co-hosted by either organization
and is planning to arrange transportation from the
conference hotel to the Philadelphia Convention Center so
members can attend both events without the hassle of parking
or the need to find other transportation.
We
have already received some outstanding abstracts, but we can
always use more, so please continue submitting them. Also,
we need volunteers to review the abstracts and papers, so
again, please let us know if you would be willing to help.
Joining is quick and easy – so join today! If you’re already
a member, think about participating in any of the technology
or working committees.
Maurice Wilkins
World Batch Forum Chairman
For
more information on the WBF 2008 N. American Conference,
visit: http://www.wbf.org/
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Rotex takes APEX Screener on the Road
CINCINNATI,
OH -- Rotex, Inc., a global leader in screening
technologies, has launched its new product road show for
the APEX Screener, a self-contained production screening
machine that retains the gyratory motion and efficient
processing characteristics of the ROTEX® Screener, yet
incorporates new ergonomically-designed performance and
service features.
The Road Show enables
customers, prospects, and the media to experience the
benefits of the new APEX Screener; including its
superior construction, ergonomic design, and enhanced
service features. Attendees can envision the product in
operation, and physically experience the features that
allow for efficient screening performance, quick and
easy maintenance and cleaning, and increased process
"up-time."
“We developed the Road Show
to bring our customers a hands-on experience with the
new machine,” said John Gerhardt, Marketing Manager of
Rotex, Inc. “We want our customers to see first-hand the
value that we’re able to add to their applications.”
The APEX Road Show consists
of product demonstrations, Q&A sessions, and
consultation from knowledgeable product experts. The
tour has previously visited the South and Midwest. A new
tour schedule will be finalized soon. Those interested
in having the tour visit their plant can visit
www.rotex.com/apex
and click on the APEX Road Show link.
The APEX Screener comes
standard with the same great features found on the
ROTEX® Screener gyratory-reciprocating motion, positive
screen cleaning, and bouncing balls to reduce blinding,
inlet/outlet connections, etc.; however, the APEX is
enhanced with side access doors to enable efficient
screen cleaning and changes. These side access doors
enable quick screen changes and cleaning by only one
person, increasing production uptime.
Customers already using the
ROTEX Screener can achieve immediate labor cost savings
and a return-on-investment (ROI), often between one to
three years, after upgrading to the new APEX Screener.
The APEX delivers lower
operating cost through one person maintenance and
inspection in addition to higher productivity through
faster screen changes and inspection/cleaning, yielding
more uptime. Maintenance and cleaning by one person is
easy due to operator lifted components weighing no more
than 40 pounds. Screen panels weigh only 5 pounds.
The APEX Screener is the
smart solution for dry separation screening of
chemicals, fertilizers, clay/non-metallic minerals,
industrial sand, salt/potash/soda ash, food processing,
sugar, crushed minerals, refractory, water
filter/treatment, feed pellets, meat meal, bakeries and
cereals, corn processing, starch, sweeteners, forest
products, commodity pellets, resin, pet food, oil seed
processing, grain cleaning, engineered pellets, metal
powder, rubber processing, soaps, and detergents.
To find out how the APEX can
increase your productivity, contact:
Rotex, Inc.
1230 Knowlton St.
Cincinnati, OH 45223
Telephone: 800-453-2321
Fax: 513-541-4888
Email: info@rotex.com
Web site:
http://www.rotex.com/apex
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Powder and Bulk Weblog
Don Dunnington,
Moderator
An industrial blog for the bulk
materials handling professional, offering the latest
developments, technology and opinions of our readers.
The "process engineer's treehouse".
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| Help Forum :
Hot Messages from the Help Forum
People post their requests
for help and offer their suggestions to others in our open
forum.
Jeff wants to know more about
silo relief valves:
A plant is constructed with
silos to store the finished dry resin product. The silos are
8,900 cu. ft. capacity, SA516 gr 70 material, design
pressure 3.6 psi, static head 24 psi. The silo was
constructed per API 620, and is ASME code-stamped.
Material is pneumatically
conveyed to the silos and a dust collector is provided on
top of each that vents to the atmosphere.
My question is - is a PVSV
still required? Or maybe just good safe practice?
I have worked in PVC, and all
silos had at least pressure relief (and some, also vacuum
relief) on a separate nozzle in addition to the dust
collectors, even if the dust collectors had high
differential pressure alarms.
(to post reply, click here)
Thanks,
Jeff
jeffk_br@yahoo.com
Click
here to share your
expertise with others in our Help Forum. |
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| From the Job
Fair
Application Engineer Wanted - Chicago
Plastic industry
material handling manufacturing, pressure and vacuum systems
has a career opportunity for an Application Engineer.
Located in the southwest suburbs of Chicago, the company
specifies, designs and fabricates equipment for clients
nationwide. Products include: Blenders Blowers,
Storage Bins, Pressure and Vacuum loading/unloading Systems
Primary Duties:
-Handle incoming customer application related inquiries.
-Recommend select and quote equipment accordingly.
-Occasional travel will be required to main factories and
some customers.
Requirements:
-Specific experience in pneumatic conveying systems.
-A minimum of 5 years experience applying and selling
specialized engineered electro-mechanical machinery to the
various processing industries.
-Good technical proficiency, primarily mechanical.
-Strong familiarity with the various processing industries
and selling equipment to these industries.
-Technical degree desired.
-A demonstrated strong work ethic, high energy level, and
excellent interpersonal and communications skills.
Starting salary
based on level of experience
Email a
confidential résumé and cover letter to:
info@l-rsystems.com
or mail to:
Pneumatic Systems, Inc.
470 S. Hammes Ave
Joliet, Illinois 60436
The Job Fair is a free
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Do you have a position
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| About Us :
Powder and Bulk Dot Com Newsletter
© 1999-2007 Powder and
Bulk Dot Com
Home page: http://www.powderandbulk.com/
Joseph Taylor, Editor
Powder and Bulk Dot Com Newsletter
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Jacksonville Beach, FL 32250
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Email: jtaylor@powderandbulk.com
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Please submit articles via e-mail, only to: news@powderandbulk.com |
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::
APV Sold to SPX Corp.
::
Free : Guide to Reduction of
Metal Contamination
::
WBF 2008 : "Shaping the Future
of Manufacturing"
::
Rotex takes APEX Screener
on the Road
:: Other News
:: From the Powder and Bulk Weblog
:: Video Center Features
:: Help Forum
:: The Job Fair
:: Top Picks at Amazon.com
:: Find more books and journals
:: Ask Joe Column!
:: Featured Case History
:: 149,000+ visitors in November !
:: Call For Photographs!
:: Subscribe, Unsubscribe
:: Past Issues
:: About Us
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| Hi Everyone, With over 6,000+ subscribers,
our goal is to provide information to improve your business
by using the resources available on the Internet.
Very Truly Yours,
Joe Taylor, Editor
jtaylor@powderandbulk.com
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| From
the Reading Room |
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"...one
of the best books of its kind." |
|
Screw Conveyor 101
by Michael P. Forcade
Spiral-bound, 260 pages, 1999
.
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"..presents a set of design
tables that can be used in the analysis of silos, pipes, or
any circular-cylindrical shell.." |
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Circular Storage Tanks and Silos
by A. Ghali
Library Binding, 352 pages
2nd edition, June 2000
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| This
months Ask Joe! article |
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Design of Metering
Screw Feeders
Guest article by
Mike Page
We
Need Your
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Do you have an area of expertise in bulk materials, have
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knowledge with others and promote yourself by contributing
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For more
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Featured
Case History |
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Metal in Clay Detected
by Eriez
When Belgium’s largest
producer of ‘hand form’ clay facing bricks wanted to
push the quality envelope without compromising on plant
speed, it turned to Eriez Magnetics Europe for the metal
detection part of the project. Vandersanden Plc, which
has been manufacturing its specialist bricks in Belgium...(more)
More case histories...
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