07 September 2001
07 September 2001
Millennium Energy Holdings has acquired a majority interest in Powertrusion. Powertrusion designs and manufactures long-lasting composite utility poles.
""These lightweight poles are easier to transport and maneuver than conventional wood utility poles and are therefore ideal for limited access use,"" explained Joseph W. Reilly, Powertrusion president and chief executive officer. ""Yet they are equivalent to wood poles in strength and superior in uniformity and consistency, and therefore can be used in mainstream distribution applications.
""Further, the elimination of pesticides, preservatives, and maintenance associated with wood poles will have a tremendous positive impact on the environment,"" Reilly added. Commenting on the investment by Millennium, Reilly stated, ""We're extremely pleased with the resources Millennium has provided us to continue growing our business. Tucson Electric Power has been a strong supporter of Powertrusion's composite utility poles, and we see tremendous opportunities to work with their engineers and operations personnel on new technology development and applications.""
Millennium's vice president, Michael J. DeConcini, commented, ""We are excited to partner with Powertrusion because it provides an effective solution to potentially costly environmental and safety issues facing the electric utility and communications industries.""
Scigrip has expanded its agreement with Biesterfeld Spezialchemie to include France and the French territories in Northern Africa, with immediate effect.
Following its strategy to address composites end-use industries specifically, JEC Group is organising The Future of Composites in Transportation, a two-day event taking place on 27-28 June in Chicago.
EconCore will unveil the latest developments in its thermoplastic honeycomb core production technology at NPE2018 on 7-11 May in Orlando, Florida, US.