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Inovance Receives The Forbes Award

Date: December 19, 2014


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Inovance Receives The Forbes Award

  Rank No.52 in Sales on Forbes Asia’s 200 Best SME in 2014 

Shenzen Inovance Technology EntersForbes Asia's "Best Under A Billion" list of 200 of the best small and midsized listed companies in Asia Pacific with annual revenue under $1 billion. The award was presented at the Forbes Asia Best Under A Billion Forum and Awards Dinner function on December 9th,2014,Bangkok,Thailand.

Siemens Ltd. surpasses 100,000 milestone for energy-efficient industrial motors

Date: December 17, 2014


  • Becomes the first company in India to achieve this distinction for IE motors.
  • Energy savings through the use of these motors is 300GWh, which is equivalent to power required by 80,000  average Indian households in an entire year.
  • In 2012, Siemens was the first company in India to launch a complete range of locally-manufactured IE2 and IE3 efficiency class energy efficient motors.


Mr. Dirk Hoke, CEO, Large Drives, Siemens AG presenting the 100000th Motor to Mr.K.C.Sharma, Vice President E & I Projects, UltraTech Cement Ltd.

Bosch Rexroth hydraulics plant celebrates 25th

Date: December 5, 2014

December 5, 2014 -- Bosch Rexroth celebrated the 25th anniversary of its Fountain Inn, SC hydraulics production facility. After undergoing an expansion in 2013, the location is home to the company’s largest hydraulics manufacturing facility in the Americas.

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ABB boosts power transmission capacity and lower environmental impact in Texas

Date: December 10, 2014

2014-12-10 - Four Static Var Compensators (SVCs), part of ABB’s family of FACTS technologies, will contribute to the increased use of renewable energy in the southwestern US state


(A key part of an SVC,Thyristor Switched Capacitors (TSCs) allow large blocks of capacitors to be switched quickly, responding to grid disturbances in real time.)

Bourns Acquires Komatsulite Mfg in Japan

Date: December 4, 2014

December 4, 2014 - Bourns acquired all of the outstanding shares of Komatsulite Mfg and its subsidiaries.  Komatsulite, headquartered in Osaka, Japan, is a leader in the field of safety devices for rechargeable lithium-ion batteries.  Terms of the transaction were not disclosed.

Merging Technologies of Elevator Controller and AC Inverter  

Inova Automation

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