Fisher Capital News Update: Keep updated on recent events, press releases and latest machineries to avoid scam.
FISHER CAPITAL CONSTRUCTION MANAGEMENT - Construction Machineries, Suppliers Directory and Others. Meets EPA Tier 2 Emissions Regulation With More Horse Power, Reliability, Durability, Lower Fuel Consumption, Increased Productivity, Enhanced Operator Cab and Easier Maintenance, 1892 Gross HP (SAE J1995), 1765 Net HP (SAE J1349) @ 1800 rpm, Engine RPM control system with auto deceleration New variable transmission cut-off system, New dual-mode active working hydraulic system, Additional torque converter cooler, Increased hydraulic cooling capacity, Extended service intervals
Rolling Meadows, IL, September 8, 2010 — Komatsu America Corp. (KAC) today introduced its new WA1200-6 Wheel Loader for use in mining applications. Based on extensive customer input and feedback, the new loader includes environmental, technological and ergonomic enhancements for even greater productivity, while lowering operating costs.
The new WA1200-6 is powered by a highly-efficient Komatsu SAADA16V160E-2 engine that delivers 1892 Gross HP at 1800 RPM. With an operating weight of 477,100 lbs., the new loader offers increased fuel efficiency, while meeting all EPA Tier 2 emissions requirements.
Special features of the WA1200-6 include:
Productivity Performance
The engine net output of the WA1200-6 has been increased by 132 HP to 1765 HP at 1800 RPM. The use of an electronic governor results in low fuel consumption, with quick throttle response to match the machine’s powerful tractive effort and fast hydraulic response.
The new dual-mode active working hydraulic system allows the operator to select between normal and powerful loading, while the optimum oil flow in the working system increases efficiency and reduces cycle times. Increased engine output and the optimized hydraulic system provide outstanding production and performance.
Operator Enhancements
The engine RPM control system with auto deceleration allows the operator to set the engine RPM at the optimum work performance level and control speed smoothly with the accelerator. The variable transmission cut-off system for the left brake pedal is adjustable by a switch at the operator’s seat. When loading, the low setting reduces brake impact to prevent spillage, while the high setting can be used for traveling.
Improved Reliability and Durability
An additional torque converter cooler was added as standard equipment to reduce oil temperature and increase cooling capacity. For hydraulic cooling, a new pump with increased oil capacity was added and the circulation was revised to lower oil temperature. Two additional air cleaners were added and the size of the elements increased to 15 inches for more capacity.
Komatsu America Partners with Pedregon Racing, Two-time NHRA Funny Car world champion Tony Pedregon’s Chevrolet Funny Car will feature primary sponsorship from Komatsu America Corp. for the O’Reilly Auto Parts NHRA Nationals, Sept. 17-19, at Charlotte, NC.
“Komatsu America is excited to be sponsoring Tony Pedregon’s car,” said Erik Wilde, Vice President, Product Marketing, Komatsu America Corp. “Tony’s reputation as a world champion aligns well with Komatsu’s world-wide reputation for producing outstanding equipment.”
Komatsu will also be an associate sponsor on the Pedregon Racing Funny Car and on Cruz Pedregon’s Snap-on Racing Tools Funny Car, with races slated for Sept. 23-26 at Dallas, TX, Oct. 7-10 at Reading, PA, Oct. 28-31 at Las Vegas, NV, and Nov. 11-14 at Pomona, CA.
“Komatsu is an international leader in the field of construction and mining equipment,” said Pedregon during the announcement. “We are pleased to promote awareness of the brand to our race fans as well as the Komatsu dealers and their customers.”
Tony Pedregon is one of 10 Funny Car drivers competing for final positions in NHRA’s Countdown to 1 playoffs. This weekend’s event is the second of six title-deciding races.
Komatsu America Corp. is a U.S. subsidiary of Komatsu Ltd. which is the world’s second largest manufacturer and supplier of construction, mining and compact construction equipment. Komatsu America also serves forklift and forestry markets. Through its distributor network, Komatsu offers a state-of-the-art parts and service program to support the equipment. Komatsu has proudly been providing high-quality reliable products for nearly a century. Visit the website at www.komatsuamerica.com for more information.
Showing posts with label fisher capital warning scam tips. Show all posts
Showing posts with label fisher capital warning scam tips. Show all posts
Tuesday, January 25, 2011
New Options in Guided Boring, Fisher Capital Equipment Management Update
The Akkerman team, continually committed to increasing the
versatility of our products, recently launched several new
components for our GBM line of equipment.
Fisher Capital Equipment leasing news update from different suppliers. Fisher Capital Equipment Management leasing gives you fresh events and updates on Construction Machineries, Suppliers Directory and Others to keep away from scam from Unsolicited, "Pre-Qualified credit line" mass mailings
The Powered Reaming Head (PRH) upsizing kit for its Guided
Boring Machine (GBM) system was released. This GBM accessory
allows owners to bore multiple pipe diameters with just one
set of 11” OD (279 mm) thrust casings and augers. The base
14” (356 mm) OD PRH unit features 16” (406 mm) and 20” (508
mm) OD increaser kits and corresponding pipe adapter rings to
accommodate up to 20” (508 mm) OD pipe. All PRH components
rest on a customized rack for ease of transport and orderliness
on the job site. The PRH front and rear sections can be launched
separately to accommodate minimal diameter shafts. The PRH
kit performs well with all Akkerman power packs and jacking
frames.
The P150Q Power Pack provides hydraulic power to the GBM
jacking frame and Powered Cutter Head for smooth and efficient
operation. The P150Q houses a 154 HP (115 kw) diesel engine.
Its three load-sensing variable displacement axial piston pumps
independently operate the jacking, rotation and PCH. It also
features a 100 gal (378 L) fuel tank and 50 gal (189 L) hydraulic
oil reservoir.
The Jetting and Lubrication pump underwent a design
reconfiguration for enhanced compactness. It features
independent hydrostatic flow connections, bulkhead
connections for pressure and return lines and an easily
serviceable open/close valve on the tank outlet. Customers may choose the 3,000 rpm, 30 HP (7 kW)
diesel engine or 1,750 rpm, 30 HP (7 kW) electric motor. Each 325 gal (1,230 L) tank is positioned sideby-
side on a pallet-like base. The 2,500 psi (17,237 kPa) high-pressure jetting pump assists the GBM
system’s excavation process by lubricating cutter bits and spoils. An in-line suction filter protects the
pump from contaminants in the water. The 150 maximum psi (1,034 kPa) lubrication pump flows at 4
gpm (15 L/min) and features an agitator which mixes the lubrication quickly and keeps it consistent
throughout production.
For more information on these and other GBM products, please contact our friendly sales staff or an
international representative.
Akkerman Inc. is positioned for sales in new markets with recently established representation
in the Middle East, India, Russia and Singapore. Agreements with Trenchers Land Digging
& Filling LLC, based in the United Arab Emirates, Asia Contech Ltd. of India, Intertorg Russia and
ICE Far East in Singapore pioneer exciting prospects for Akkerman Inc. worldwide.
Trenchers Land Digging & Filling LLC of Dubai recently facilitated the sale of a complete Guided
Boring Machine (GBM) system for a Kuwait contractor. This sale denotes the first GBM system
sold in the Middle East as well as the most powerful pilot tube microtunneling configuration
available. The 4812A jacking frame with 200 tons of thrust, 275T power pack, Powered Cutter
Head and Jetting and Lubrication pump will install DN 300-1,000 mm pipes for drives up to
150 m long.
Asia Contech Ltd. of New Delhi, providing sales and service of Akkerman equipment in India,
also represents trenchless companies American Augers, ASTEC and Trencor. ICE Far East
of Singapore, a south east Asia office for International Construction Equipment (ICE) will
represent Akkerman in this region. Intertorg of Moscow, a US based company with expertise
in the Russian trenchless market, has been a longtime dealer for Ditch Witch and previously
represented Lovat, Soltau and MTS equipment.
Akkerman welcomes these organizations into its community of sales representatives. Tunnel
Engineering Services in the United Kingdom, Ditch Witch of Australia, Virtual Engineering of
Columbia and the Alinea Group of Mexico have been agents of Akkerman for many years.
Additional representatives have been appointed in Egypt, Turkey, Bulgaria, Poland, Brazil, Italy
and Pakistan. For a full listing of equipment representatives, please review the “Contact Us”
page on the Akkerman website.
versatility of our products, recently launched several new
components for our GBM line of equipment.
Fisher Capital Equipment leasing news update from different suppliers. Fisher Capital Equipment Management leasing gives you fresh events and updates on Construction Machineries, Suppliers Directory and Others to keep away from scam from Unsolicited, "Pre-Qualified credit line" mass mailings
The Powered Reaming Head (PRH) upsizing kit for its Guided
Boring Machine (GBM) system was released. This GBM accessory
allows owners to bore multiple pipe diameters with just one
set of 11” OD (279 mm) thrust casings and augers. The base
14” (356 mm) OD PRH unit features 16” (406 mm) and 20” (508
mm) OD increaser kits and corresponding pipe adapter rings to
accommodate up to 20” (508 mm) OD pipe. All PRH components
rest on a customized rack for ease of transport and orderliness
on the job site. The PRH front and rear sections can be launched
separately to accommodate minimal diameter shafts. The PRH
kit performs well with all Akkerman power packs and jacking
frames.
The P150Q Power Pack provides hydraulic power to the GBM
jacking frame and Powered Cutter Head for smooth and efficient
operation. The P150Q houses a 154 HP (115 kw) diesel engine.
Its three load-sensing variable displacement axial piston pumps
independently operate the jacking, rotation and PCH. It also
features a 100 gal (378 L) fuel tank and 50 gal (189 L) hydraulic
oil reservoir.
The Jetting and Lubrication pump underwent a design
reconfiguration for enhanced compactness. It features
independent hydrostatic flow connections, bulkhead
connections for pressure and return lines and an easily
serviceable open/close valve on the tank outlet. Customers may choose the 3,000 rpm, 30 HP (7 kW)
diesel engine or 1,750 rpm, 30 HP (7 kW) electric motor. Each 325 gal (1,230 L) tank is positioned sideby-
side on a pallet-like base. The 2,500 psi (17,237 kPa) high-pressure jetting pump assists the GBM
system’s excavation process by lubricating cutter bits and spoils. An in-line suction filter protects the
pump from contaminants in the water. The 150 maximum psi (1,034 kPa) lubrication pump flows at 4
gpm (15 L/min) and features an agitator which mixes the lubrication quickly and keeps it consistent
throughout production.
For more information on these and other GBM products, please contact our friendly sales staff or an
international representative.
Akkerman Inc. is positioned for sales in new markets with recently established representation
in the Middle East, India, Russia and Singapore. Agreements with Trenchers Land Digging
& Filling LLC, based in the United Arab Emirates, Asia Contech Ltd. of India, Intertorg Russia and
ICE Far East in Singapore pioneer exciting prospects for Akkerman Inc. worldwide.
Trenchers Land Digging & Filling LLC of Dubai recently facilitated the sale of a complete Guided
Boring Machine (GBM) system for a Kuwait contractor. This sale denotes the first GBM system
sold in the Middle East as well as the most powerful pilot tube microtunneling configuration
available. The 4812A jacking frame with 200 tons of thrust, 275T power pack, Powered Cutter
Head and Jetting and Lubrication pump will install DN 300-1,000 mm pipes for drives up to
150 m long.
Asia Contech Ltd. of New Delhi, providing sales and service of Akkerman equipment in India,
also represents trenchless companies American Augers, ASTEC and Trencor. ICE Far East
of Singapore, a south east Asia office for International Construction Equipment (ICE) will
represent Akkerman in this region. Intertorg of Moscow, a US based company with expertise
in the Russian trenchless market, has been a longtime dealer for Ditch Witch and previously
represented Lovat, Soltau and MTS equipment.
Akkerman welcomes these organizations into its community of sales representatives. Tunnel
Engineering Services in the United Kingdom, Ditch Witch of Australia, Virtual Engineering of
Columbia and the Alinea Group of Mexico have been agents of Akkerman for many years.
Additional representatives have been appointed in Egypt, Turkey, Bulgaria, Poland, Brazil, Italy
and Pakistan. For a full listing of equipment representatives, please review the “Contact Us”
page on the Akkerman website.
HeatSponge SIDEKICK Warning, Finally Revealed: Boiler Room Equipment, Inc
Fisher Capital on Boiler Room Equipment, Inc, is very proud to finally unveil the SIDEKICK line of condensing boiler economizers for commercial and industrial hot water boilers. The Sidekick has been in development for nearly two years and represents an evolutionary development of high-efficiency installations in the boiler industry. The SIDEKICK is a warning game changer the likes of which have not been experienced since the introduction of the first condensing boilers. The SIDEKICK offers the ability to integrate condensing boiler efficiencies to conventional boilers on a new or retrofit basis. The SIDEKICK allows a customer with a conventional boiler system the ability to realize condensing efficiency gains that otherwise would require the existing boiler to be demolished and replaced with a new condensing boiler. Conventional, non-condensing boilers can now realize the efficiency benefits of outdoor air temperature reset controls and lower circulating hot water loop temperatures. Sidekicks also allow for duel fuel condensing applications utilizing conventional boilers. The SIDEKICK features all stainless internal construction, stainless tubes and fins, and an insulated outer casing. Inspection and clean out ports make periodic maintenance and cleaning easy.
The efficiency of the SIDEKICK goes far beyond simply energy recovery to the ultra-productive process in which it is selected and designed. Heat recovery for condensing applications introduces a significant number of variables that makes a catalog-approach to equipment selection nearly impossible. Boilerroom Equipment has developed a new method of quantifying heat recovery, the Recovery Rate, and integrated this into the design. The incorporation of the Recovery Rate variable allows a customer to custom tailor the level of heat recovery and cost directly to the requirements of each specific application. We define this new concept in heat recovery design as 3D Modularity, for modular construction in three dimensions. Based on a "Mass-Customization" approach to product development, Bruce will consider all of the application design constraints and will design a SIDEKICK optimized to meet the exact performance requirements at the most competitive price. Bruce has been given the ability to consider all aspects of the heat exchanger design relative to the price of the equipment and generate a fully priced proposal all in real-time; a software and engineering accomplishment that added over one thousand hours of coding and heat transfer modification to Bruce's core program. This means Bruce can handle all inquiries and generate proposals in real time by himself. The near elimination of sales and support overhead and significantly reduced project execution overhead requirements the Bruce software provides allows us to offer a product superior to any before it at pricing and responsiveness levels no conventional competitor could hope to match.
Bruce will go on-line live on Monday December 21st with full public access to the Sidekick software. BEI will display the SIDEKICK in public at the upcoming AHR Exposition in Orlando, booth 3126. We will also have other HeatSponge models on display and based on the popularity in Chicago last year will bring the HeatSponge NASCAR Late Model stock car back for another display appearance.
The efficiency of the SIDEKICK goes far beyond simply energy recovery to the ultra-productive process in which it is selected and designed. Heat recovery for condensing applications introduces a significant number of variables that makes a catalog-approach to equipment selection nearly impossible. Boilerroom Equipment has developed a new method of quantifying heat recovery, the Recovery Rate, and integrated this into the design. The incorporation of the Recovery Rate variable allows a customer to custom tailor the level of heat recovery and cost directly to the requirements of each specific application. We define this new concept in heat recovery design as 3D Modularity, for modular construction in three dimensions. Based on a "Mass-Customization" approach to product development, Bruce will consider all of the application design constraints and will design a SIDEKICK optimized to meet the exact performance requirements at the most competitive price. Bruce has been given the ability to consider all aspects of the heat exchanger design relative to the price of the equipment and generate a fully priced proposal all in real-time; a software and engineering accomplishment that added over one thousand hours of coding and heat transfer modification to Bruce's core program. This means Bruce can handle all inquiries and generate proposals in real time by himself. The near elimination of sales and support overhead and significantly reduced project execution overhead requirements the Bruce software provides allows us to offer a product superior to any before it at pricing and responsiveness levels no conventional competitor could hope to match.
Bruce will go on-line live on Monday December 21st with full public access to the Sidekick software. BEI will display the SIDEKICK in public at the upcoming AHR Exposition in Orlando, booth 3126. We will also have other HeatSponge models on display and based on the popularity in Chicago last year will bring the HeatSponge NASCAR Late Model stock car back for another display appearance.
The Boiler Room: GOLD CORPORATE MARKETING PARTNER Unilux Advanced Manufacturing
Unilux is the world’s original 5 pass forced draft bent tube boiler wit no room for inaccuracy. With over thirty years of manufacturing and operational experience in just about every industry requiring boilers, Unilux stands alone as the most pristine, highly engineered, ultimate quality boiler in it’s class. While the product speaks volumes, our success is our people; many with over 25 years at Unilux, we take enormous pride in every unit we manufacture. From immediate response to inquiries, performance data, drawings, product description and assistance with proper selection, everyone at Unilux has one important goal in mind…customer satisfaction. Unilux QA/QC boasts a stringent, internal program that emphasizes employee responsibility to safety, product and quality performance.
Richard Fisher of The Boiler Room: Unilux Advanced Manufacturing - Construction for all Unilux boilers starts with the vessel. All vessel material is controlled, ASME compliant material. Generous upper and lower drums are joined with large, external downcomer(s) allowing for maximum internal circulation. Tubes are a minimum 1.5” diameter, SA 178 Grade “A” material. Tube sizes up to 2.5” diameter are used for larger boilers. The Unilux housing is the most rigid available. Individual steel panels are manufactured with 11 gauge steel and reinforced by bending and welded stiffeners throughout. Refractory design is exclusive to Unilux. We utilize a three tier pour of different tolerance refractory for ultimate performance. All Unilux refractory is warranted for 5 years as standard. Finished insulated jacket panels are scratch resistant, polyester impregnated powder coat. Thermal losses from housing and jacket are 0.5 percent. The completed enclosure allows for up to +5” water column gas side pressure. All Unilux boilers are available with fuel burning equipment and control systems as desired.
Safety is paramount at Unilux. Every Unilux boiler has been engineered to be the safest, most efficient product available in its class.
At Unilux Boiler Corp., we engineer and manufacture bent water tube boilers of only the finest quality, built by experienced craftsmen and backed by a service history that is second to none. When others decline custom engineered projects, Unilux embraces the challenge with experienced, thought provoking ideas and the ability to assist engineers, contractors and end users with the most efficient, long lasting solutions to effectively meet their needs.
Richard Fisher of The Boiler Room: Unilux Advanced Manufacturing - Construction for all Unilux boilers starts with the vessel. All vessel material is controlled, ASME compliant material. Generous upper and lower drums are joined with large, external downcomer(s) allowing for maximum internal circulation. Tubes are a minimum 1.5” diameter, SA 178 Grade “A” material. Tube sizes up to 2.5” diameter are used for larger boilers. The Unilux housing is the most rigid available. Individual steel panels are manufactured with 11 gauge steel and reinforced by bending and welded stiffeners throughout. Refractory design is exclusive to Unilux. We utilize a three tier pour of different tolerance refractory for ultimate performance. All Unilux refractory is warranted for 5 years as standard. Finished insulated jacket panels are scratch resistant, polyester impregnated powder coat. Thermal losses from housing and jacket are 0.5 percent. The completed enclosure allows for up to +5” water column gas side pressure. All Unilux boilers are available with fuel burning equipment and control systems as desired.
Safety is paramount at Unilux. Every Unilux boiler has been engineered to be the safest, most efficient product available in its class.
At Unilux Boiler Corp., we engineer and manufacture bent water tube boilers of only the finest quality, built by experienced craftsmen and backed by a service history that is second to none. When others decline custom engineered projects, Unilux embraces the challenge with experienced, thought provoking ideas and the ability to assist engineers, contractors and end users with the most efficient, long lasting solutions to effectively meet their needs.
LBX and Sumitomo Sumitomo (S.H.I.) Construction Co., Ltd. Acquires
Fisher Capital News Update: Keep updated on recent events, press releases and latest machineries to avoid scam.
FISHER CAPITAL CONSTRUCTION MANAGEMENT - Construction Machineries, Suppliers Directory and Others --100% Ownership of LBX Company.
Sumitomo (S.H.I.) Construction Machinery Co., Ltd. (SCM), a leading manufacturer of hydraulic crawler excavators headquartered in Tokyo, Japan, announced today that effective as of April 30, 2010 it has acquired full ownership of LBX Company (LBX) headquartered in Lexington, KY.
LBX was originally formed as part of a global alliance between SCM and Case Corporation, and holds the manufacturing rights to SCM's excavator products in North and Latin America. LBX has been marketing and selling Sumitomo excavators, forestry, material handling and demolition products under the Link-Belt excavator brand name since the company's formation.
"This acquisition underscores SCM's dedication to LBX and the Link-Belt® excavator brand, and will contribute greatly to our success and expansion throughout North, South and Central America," stated Robert Harvell, CEO of LBX Company. "Over the years, our long-term relationship with SCM has been built on a solid foundation of providing superior product quality, innovative designs, and dedicated commitment to our dealer network and customers."
"We believe that this acquisition will allow both LBX and SCM to achieve our common long-term global growth strategies," said Kensuke Shimizu, President of Sumitomo Construction Machinery.
Since its formation, LBX has passed several growth milestones, including the creation of a corporate campus in Lexington, KY that includes a world-wide parts distribution center, product testing grounds, training facilities and testing and service bays. Additionally, the Link-Belt® excavator products have evolved to meet the needs of today's marketplace, including the introduction of new models such as the Link-Belt® 360 X2 Rubber Tire material handling excavator, which was unveiled at the ISRI Convention last week in San Diego, CA.
"We look forward to working very closely with SCM in the development of future products and our dealer network to further expand our position in the marketplace," Harvell said.
The management team of LBX will remain in place.
FISHER CAPITAL CONSTRUCTION MANAGEMENT - Construction Machineries, Suppliers Directory and Others --100% Ownership of LBX Company.
Sumitomo (S.H.I.) Construction Machinery Co., Ltd. (SCM), a leading manufacturer of hydraulic crawler excavators headquartered in Tokyo, Japan, announced today that effective as of April 30, 2010 it has acquired full ownership of LBX Company (LBX) headquartered in Lexington, KY.
LBX was originally formed as part of a global alliance between SCM and Case Corporation, and holds the manufacturing rights to SCM's excavator products in North and Latin America. LBX has been marketing and selling Sumitomo excavators, forestry, material handling and demolition products under the Link-Belt excavator brand name since the company's formation.
"This acquisition underscores SCM's dedication to LBX and the Link-Belt® excavator brand, and will contribute greatly to our success and expansion throughout North, South and Central America," stated Robert Harvell, CEO of LBX Company. "Over the years, our long-term relationship with SCM has been built on a solid foundation of providing superior product quality, innovative designs, and dedicated commitment to our dealer network and customers."
"We believe that this acquisition will allow both LBX and SCM to achieve our common long-term global growth strategies," said Kensuke Shimizu, President of Sumitomo Construction Machinery.
Since its formation, LBX has passed several growth milestones, including the creation of a corporate campus in Lexington, KY that includes a world-wide parts distribution center, product testing grounds, training facilities and testing and service bays. Additionally, the Link-Belt® excavator products have evolved to meet the needs of today's marketplace, including the introduction of new models such as the Link-Belt® 360 X2 Rubber Tire material handling excavator, which was unveiled at the ISRI Convention last week in San Diego, CA.
"We look forward to working very closely with SCM in the development of future products and our dealer network to further expand our position in the marketplace," Harvell said.
The management team of LBX will remain in place.
Monday, January 17, 2011
Fisher Capital Management: Government Bond Markets Global Outlook Part2
Fisher Capital Management: Government Bond Markets Global Outlook Part 2 - Our position remains unchanged; any existing exposure to bonds should be further reduced in favor of US & Euro equities.
The European Central Bank appears to share this view, although it has warned that the recovery “is likely to remain uneven”, and has kept short-term rates at very low levels. The bond markets have therefore continued to receive considerable support from the economic background and the actions of the central bank.
Fisher Capital Management Seoul, South Korea: However, these factors have been much less important than the fears about the debt problems in Greece and in other weaker members of the euro-zone. After considerable prevarication, due primarily to strong German opposition to a bail-out; an agreement has been reached amongst the member countries that, in conjunction with the IMF, they will provide support for Greece if this becomes necessary to prevent a defaulton its sovereign debts.
But the details of the agreement are very vague, and there is certainly no guarantee that the country can carry out its promises to introduce significant reductions in spending levels to reduce the size of its debts. The agreement has helped the country to issue a further ¤5 billion bond; but it was forced to offer an interest rate of 5.9% on a seven-year bond, 325 basis points above the equivalent German bund, and that issue has subsequently moved to a substantial discount. Conditions have also been made worse by the downgrade in Portugal’s credit rating, and so the pressures on the bond markets are continuing.
Fisher Capital Management Seoul, South Korea: The gilt edged market has coped fairly well so far with the latest weakness in the bond market, an inadequate response in the latest Budget to the debt problems in the UK, and a warning from the Fitch rating agency that the government’s timetable for reducing the fiscal deficit was “frankly too slow”, and that the country’s credit rating was at risk. The economic recovery remains very slow, and the Bank of England is holding short-term interest rates close to zero, so the market is receiving some support; but in all the circumstances it is perhaps surprising that it has managed to perform so well.
Fisher Capital Management Seoul, South Korea: The economic background in the UK remains depressed, but is slowly improving. Retail sales bounced back strongly; the public sector continued its recruitment programmed; and there has been a pickup in activity in both the manufacturing and service sectors of the economy.
It was not surprising therefore that the Bank of England kept short-term interest rates unchanged at the latest meeting of its Monetary Policy Committee and even suggested that it would be prepared to reactivate its quantitative easing programmed if this proved to be necessary. But this may not be enough to sustain gilt edged prices at current levels.
Fisher Capital Management Seoul, South Korea: The latest Budget statement is forecasting a slightly lower fiscal deficit of £167 billion in the 2009/10 fiscal year, and a halving of the deficit by 2013/14; but there is considerable skepticism in the markets about the growth assumptions underlying the figures, and about the willingness of the politicians to address the real problems
involved in reducing the deficit. If there is no credible plan to achieve this reduction, the country may well lose its AAA credit rating. Prospects have therefore become even more uncertain, and a move to higher yield levels seems unavoidable.
Fisher Capital Management Seoul, South Korea: The Japanese bond market is slightly weaker over the past month. It is likely that this year, for the first time, bond issuance may provide greater support for the fiscal deficit than tax revenues. This has already led to a downgrade on Japanese public debt by Standard and Poor’s, and with new bond issuance this year estimated to reach ¥44,300 billion, and to reach ¥55,300 billion by 2013, further downgrades seem likely. Japanese institutional investors are used to financing massive deficits, but it seems unlikely that deficits of this size can be adequately financed at present yield levels. Prospects for the Japanese market therefore remain unattractive.
The European Central Bank appears to share this view, although it has warned that the recovery “is likely to remain uneven”, and has kept short-term rates at very low levels. The bond markets have therefore continued to receive considerable support from the economic background and the actions of the central bank.
Fisher Capital Management Seoul, South Korea: However, these factors have been much less important than the fears about the debt problems in Greece and in other weaker members of the euro-zone. After considerable prevarication, due primarily to strong German opposition to a bail-out; an agreement has been reached amongst the member countries that, in conjunction with the IMF, they will provide support for Greece if this becomes necessary to prevent a defaulton its sovereign debts.
But the details of the agreement are very vague, and there is certainly no guarantee that the country can carry out its promises to introduce significant reductions in spending levels to reduce the size of its debts. The agreement has helped the country to issue a further ¤5 billion bond; but it was forced to offer an interest rate of 5.9% on a seven-year bond, 325 basis points above the equivalent German bund, and that issue has subsequently moved to a substantial discount. Conditions have also been made worse by the downgrade in Portugal’s credit rating, and so the pressures on the bond markets are continuing.
Fisher Capital Management Seoul, South Korea: The gilt edged market has coped fairly well so far with the latest weakness in the bond market, an inadequate response in the latest Budget to the debt problems in the UK, and a warning from the Fitch rating agency that the government’s timetable for reducing the fiscal deficit was “frankly too slow”, and that the country’s credit rating was at risk. The economic recovery remains very slow, and the Bank of England is holding short-term interest rates close to zero, so the market is receiving some support; but in all the circumstances it is perhaps surprising that it has managed to perform so well.
Fisher Capital Management Seoul, South Korea: The economic background in the UK remains depressed, but is slowly improving. Retail sales bounced back strongly; the public sector continued its recruitment programmed; and there has been a pickup in activity in both the manufacturing and service sectors of the economy.
It was not surprising therefore that the Bank of England kept short-term interest rates unchanged at the latest meeting of its Monetary Policy Committee and even suggested that it would be prepared to reactivate its quantitative easing programmed if this proved to be necessary. But this may not be enough to sustain gilt edged prices at current levels.
Fisher Capital Management Seoul, South Korea: The latest Budget statement is forecasting a slightly lower fiscal deficit of £167 billion in the 2009/10 fiscal year, and a halving of the deficit by 2013/14; but there is considerable skepticism in the markets about the growth assumptions underlying the figures, and about the willingness of the politicians to address the real problems
involved in reducing the deficit. If there is no credible plan to achieve this reduction, the country may well lose its AAA credit rating. Prospects have therefore become even more uncertain, and a move to higher yield levels seems unavoidable.
Fisher Capital Management Seoul, South Korea: The Japanese bond market is slightly weaker over the past month. It is likely that this year, for the first time, bond issuance may provide greater support for the fiscal deficit than tax revenues. This has already led to a downgrade on Japanese public debt by Standard and Poor’s, and with new bond issuance this year estimated to reach ¥44,300 billion, and to reach ¥55,300 billion by 2013, further downgrades seem likely. Japanese institutional investors are used to financing massive deficits, but it seems unlikely that deficits of this size can be adequately financed at present yield levels. Prospects for the Japanese market therefore remain unattractive.
Fisher Capital Management- Financial Market August 2010
Fisher Capital Management- Financial Markets: Sentiment in the financial markets has improved over the past month. The global economic recovery is continuing, so far there have been no sovereign debt defaults, and there has been a modest recovery in the euro. Investors and traders therefore appear to have concluded that the gloom was overdone.
But there has been evidence of a worsening situation in Spain, and the decision by the Chinese authorities to adopt a “more flexible” towards renminbi has also raised some concerns about the growth prospects for the Chinese economy.
Fisher Capital Management- Equity Markets: All the major equity markets, and the emerging markets, have improved over the past month. Wall Street has outperformed markets elsewhere because of some welcome economic data; there have been strong gains in most of the mainland European markets as the sovereign debt crisis has appeared to ease; the UK market has welcomed the measures by the new coalition government to address the problems of the huge UK fiscal deficit; and the Japanese market has also moved slightly higher. Corporate results have been satisfactory; and this has helped to improve sentiment
amongst investors.
Government Bond Markets have had another unusual month. The sovereign debt crisis might have been expected to lead to a general weakness in bond markets; but the main effect has been to produce aggressive switching for the “weaker” markets to the “stronger” ones, and a further widening of the yield curve.
As a result the major markets are unchanged or only slightly lower at a time when the “weaker” markets, especially in Southern Europe, have continued their sharp declines. Slow economic growth and
Low short-term interest rates are continuing to provide support. Currencies: The improvement in sentiment in the markets has led to a movement of funds out of the “safe havens” of the dollar and the yen into commodity-related currencies and “riskier” assets. Both the dollar and the yen are therefore slightly weaker over the
Month; and this movement has also eased some of the pressure on the euro, and allowed it to recover.
Sterling has also improved as the markets have welcomed the measures introduced by the new UK government to reduce the fiscal deficit.
Fisher Capital Management- Short-Term Interest Rates: There have been no changes in short term interest rates over the past month in the major financial markets.
Fisher Capital Management- Commodity markets: have produced a mixed performance over the past month, with some weakness in base metal prices, but strong gains in the prices of cocoa, coffee, oil and precious metals.
But there has been evidence of a worsening situation in Spain, and the decision by the Chinese authorities to adopt a “more flexible” towards renminbi has also raised some concerns about the growth prospects for the Chinese economy.
Fisher Capital Management- Equity Markets: All the major equity markets, and the emerging markets, have improved over the past month. Wall Street has outperformed markets elsewhere because of some welcome economic data; there have been strong gains in most of the mainland European markets as the sovereign debt crisis has appeared to ease; the UK market has welcomed the measures by the new coalition government to address the problems of the huge UK fiscal deficit; and the Japanese market has also moved slightly higher. Corporate results have been satisfactory; and this has helped to improve sentiment
amongst investors.
Government Bond Markets have had another unusual month. The sovereign debt crisis might have been expected to lead to a general weakness in bond markets; but the main effect has been to produce aggressive switching for the “weaker” markets to the “stronger” ones, and a further widening of the yield curve.
As a result the major markets are unchanged or only slightly lower at a time when the “weaker” markets, especially in Southern Europe, have continued their sharp declines. Slow economic growth and
Low short-term interest rates are continuing to provide support. Currencies: The improvement in sentiment in the markets has led to a movement of funds out of the “safe havens” of the dollar and the yen into commodity-related currencies and “riskier” assets. Both the dollar and the yen are therefore slightly weaker over the
Month; and this movement has also eased some of the pressure on the euro, and allowed it to recover.
Sterling has also improved as the markets have welcomed the measures introduced by the new UK government to reduce the fiscal deficit.
Fisher Capital Management- Short-Term Interest Rates: There have been no changes in short term interest rates over the past month in the major financial markets.
Fisher Capital Management- Commodity markets: have produced a mixed performance over the past month, with some weakness in base metal prices, but strong gains in the prices of cocoa, coffee, oil and precious metals.
Creation Investment Social Ventures Fund I Announces a Final Fund Closing of $32 million in Committed Capital
CHICAGO, IL – January 14, 2010 – Creation Investments Social Ventures Fund I, a global Microfinance private equity fund, completed its final closing on December 15, 2010 with total committed capital of $31.8 million USD. The Fund’s investor base is composed of 74 US and European institutional investors along with many family offices and high net worth individuals. The Fund is governed by an independent Board of Directors and managed by Creation Investments Capital Management, LLC, headquartered in Chicago, Illinois.
To date, the Fund has deployed over half of its committed capital, making equity investments in five Microfinance Institutions (MFIs) and Small-and-Medium Enterprise Lenders in Latin America and Central and Eastern Europe. Specifically, portfolio holdings include: Aspire, S.A.P.I. de C.V. SOFOM E.N.R. (Mexico); MicroCred Mexico, S.A.P.I. de C.V. SOFOM E.N.R. (Mexico); Opportunity Albania (Albania); Inicjatywa Mikro (Poland); and Forus Bank (Russia). The Fund Manager co-led the establishment of CEE Microfinance Holdings, N.V. which manages the Fund’s three holdings in Central and Eastern Europe.
Each of these institutions is committed to providing financial services to under-banked individuals and businesses in its respective geography, helping to facilitate economic development and poverty alleviation. Beyond enterprise lending, several of the Fund’s portfolio companies offer micro-insurance, micro-savings, and other remittance services. As of November 30, 2010, the total aggregate loan portfolio is $95 million USD with over 30,000 active borrowers.
Creation Investment Social Ventures Fund I targets growth equity investments in early stage, high potential MFIs, as well as buyout equity investments in more mature MFIs transitioning out of NGO ownership. The Fund Manager seeks to add value and achieve greater scale through active management, in-market consolidation, and expansion of the financial product offering. The Fund aims to hold significant equity investments in three major geographic regions - Latin America, Asia, and Eastern Europe – resulting in a diverse, global portfolio in core emerging markets.
The Creation Investment’s team, led by Patrick Fisher and Ken Vander Weele, has proven their ability to originate unique impact investment transactions, recruit seasoned management for portfolio companies, access debt capital to fund growth, deliver technical assistance and technology to enhance systems, maintain a focus on client protection principles as a Smart Campaign member, and add value through active involvement in all levels of the business.
“We are excited to have brought sophisticated, private sector investors to a new asset class providing them with the opportunity to maximize their financial and social returns through robust impact investments” said Patrick Fisher, CEO and Co-Founder of the Fund Manager.
About Creation Investments Capital Management, LLC:
Creation Investments is an alternative investment management company committed to fighting global poverty through direct, for-profit investments in businesses which promote economic development. Creation Investments Capital Management, LLC manages and sponsors impact investment funds and one-off investments in social ventures, seeking to maximize financial and social returns on investment. For more information, go to: http://creationinvestments.com/
To date, the Fund has deployed over half of its committed capital, making equity investments in five Microfinance Institutions (MFIs) and Small-and-Medium Enterprise Lenders in Latin America and Central and Eastern Europe. Specifically, portfolio holdings include: Aspire, S.A.P.I. de C.V. SOFOM E.N.R. (Mexico); MicroCred Mexico, S.A.P.I. de C.V. SOFOM E.N.R. (Mexico); Opportunity Albania (Albania); Inicjatywa Mikro (Poland); and Forus Bank (Russia). The Fund Manager co-led the establishment of CEE Microfinance Holdings, N.V. which manages the Fund’s three holdings in Central and Eastern Europe.
Each of these institutions is committed to providing financial services to under-banked individuals and businesses in its respective geography, helping to facilitate economic development and poverty alleviation. Beyond enterprise lending, several of the Fund’s portfolio companies offer micro-insurance, micro-savings, and other remittance services. As of November 30, 2010, the total aggregate loan portfolio is $95 million USD with over 30,000 active borrowers.
Creation Investment Social Ventures Fund I targets growth equity investments in early stage, high potential MFIs, as well as buyout equity investments in more mature MFIs transitioning out of NGO ownership. The Fund Manager seeks to add value and achieve greater scale through active management, in-market consolidation, and expansion of the financial product offering. The Fund aims to hold significant equity investments in three major geographic regions - Latin America, Asia, and Eastern Europe – resulting in a diverse, global portfolio in core emerging markets.
The Creation Investment’s team, led by Patrick Fisher and Ken Vander Weele, has proven their ability to originate unique impact investment transactions, recruit seasoned management for portfolio companies, access debt capital to fund growth, deliver technical assistance and technology to enhance systems, maintain a focus on client protection principles as a Smart Campaign member, and add value through active involvement in all levels of the business.
“We are excited to have brought sophisticated, private sector investors to a new asset class providing them with the opportunity to maximize their financial and social returns through robust impact investments” said Patrick Fisher, CEO and Co-Founder of the Fund Manager.
About Creation Investments Capital Management, LLC:
Creation Investments is an alternative investment management company committed to fighting global poverty through direct, for-profit investments in businesses which promote economic development. Creation Investments Capital Management, LLC manages and sponsors impact investment funds and one-off investments in social ventures, seeking to maximize financial and social returns on investment. For more information, go to: http://creationinvestments.com/
Fisher Capital to Distribute Steam Boilers
TRIAD offers both Low Pressure and High Pressure packaged steam boilers. Warning: These are ready-to-install systems management featuring a perfectly matched powerful and efficient burner/boiler combination ideal for Space Heat and Industrial Process applications. All steam boiler controls and secondary plumbing are in place and pre wired and most TRIAD vessels are designed to easily fit through a three foot wide doorway resulting in a very quick start-up. Warning - TRIAD Steam Boilers heat very rapidly and thus create dry steam quickly.
Fisher Capital to Distribute Steam Boiler Rooms - TRIAD Low Pressure boilers represent an excellent choice for schools & universities, healthcare facilities, apartments, office buildings, and historic landmark buildings. TRIAD High Pressure boilers can support most industrial processing applications. Industrial operators gravitate to TRIAD's authentic firetube design because it is manufactured in a way similar to larger horizontal industrial boilers. The rugged construction allows for inexpensive long term maintainability and reliability.
Modular boilers are an ideal solution to any facility where redundancy is critical such as health care and processing applications. The small footprint is the perfect solution for universities, and other campus situations that require heating in many diverse buildings. TRIAD boilers are also perfect for decentralizing a large central steam heating plant. Uncomplicated off-the-shelf controls allow for quick and simple maintenance operations.
TRIAD uses burners that fire gas, oil, propane, or dual fuel. Gas trains can be stage-fired via on/off, low/high/off, low/high/low or fully modulating with sizes ranging from 300 MBH to in excess of 2100 MBH.
These are modular boilers, so many can be linked together to create a highly efficient system to satisfy the heaviest demand for steam, yet cycled independently to provide exceptional efficiency during turndown scenarios.
Fisher Capital to Distribute Steam Boiler Rooms - Series 300 Steam LP. Overview: The Series 300 Steam Boiler is available with firing inputs from 300,000 Btu/hr to 375,000 Btu/hr. However, many millions of Btu's can be delivered by creating an efficient, fully modular system of up to 24 vessels operated by our computerized control panel.
Design: The Series 300 Steam Boiler is manufactured to exceed ASME Section IV standards and typically is used to provide operating pressure of up to 15 psi with nominal operating temperature of 218°F to 240°F.
These vessels contain 37 vertical firetubes, each of which is 1½" diameter, each fitted with a high-efficiency turbulator for maximum heat transfer. The combustion chamber is fully water-backed, with burners that are UL listed.
This boiler qualifies as a Category I gas appliance with industry standard controls wired to NEC specifications.
Safety: A well-made, heavy vessel is naturally a safer boiler. But TRIAD Boilers also have a firebox design that is completely backed by water, along with extra safety controls on the boiler that results in a very safe and secure package.
Standard Features: The following standard features include nationally known parts and controls that are available at most supply houses, allowing for quick and easy repair and maintenance, which can dramatically reduce down time:
* UL Listed Gas Trains and Control Systems.
* Choice of Power Burners.
* Main and Auxiliary Gas Valves
* Air Flow Switch
* Main Manual Leak Test Valve
* Pressure Control
* High-Limit With Manual Reset
* 5801-30 lb Pressure Gauge
* Siphon Loops
* 15 lb Pressure Relief Valve
* 150 Water Level Control
* Automatic Low Water Cutoff
* Gauge Glass Assembly
* Honeywell Aquastat Relay
* Burner Control Relay
* High Visibility Operating Light
* 1½" Diameter Firetubes of SA178-A Steel
* Turbulators for Maximum Heat Transfer
* Two Inches of Insulation With a Painted Steel Jacket.
Fisher Capital to Distribute Steam Boiler Rooms - TRIAD Low Pressure boilers represent an excellent choice for schools & universities, healthcare facilities, apartments, office buildings, and historic landmark buildings. TRIAD High Pressure boilers can support most industrial processing applications. Industrial operators gravitate to TRIAD's authentic firetube design because it is manufactured in a way similar to larger horizontal industrial boilers. The rugged construction allows for inexpensive long term maintainability and reliability.
Modular boilers are an ideal solution to any facility where redundancy is critical such as health care and processing applications. The small footprint is the perfect solution for universities, and other campus situations that require heating in many diverse buildings. TRIAD boilers are also perfect for decentralizing a large central steam heating plant. Uncomplicated off-the-shelf controls allow for quick and simple maintenance operations.
TRIAD uses burners that fire gas, oil, propane, or dual fuel. Gas trains can be stage-fired via on/off, low/high/off, low/high/low or fully modulating with sizes ranging from 300 MBH to in excess of 2100 MBH.
These are modular boilers, so many can be linked together to create a highly efficient system to satisfy the heaviest demand for steam, yet cycled independently to provide exceptional efficiency during turndown scenarios.
Fisher Capital to Distribute Steam Boiler Rooms - Series 300 Steam LP. Overview: The Series 300 Steam Boiler is available with firing inputs from 300,000 Btu/hr to 375,000 Btu/hr. However, many millions of Btu's can be delivered by creating an efficient, fully modular system of up to 24 vessels operated by our computerized control panel.
Design: The Series 300 Steam Boiler is manufactured to exceed ASME Section IV standards and typically is used to provide operating pressure of up to 15 psi with nominal operating temperature of 218°F to 240°F.
These vessels contain 37 vertical firetubes, each of which is 1½" diameter, each fitted with a high-efficiency turbulator for maximum heat transfer. The combustion chamber is fully water-backed, with burners that are UL listed.
This boiler qualifies as a Category I gas appliance with industry standard controls wired to NEC specifications.
Safety: A well-made, heavy vessel is naturally a safer boiler. But TRIAD Boilers also have a firebox design that is completely backed by water, along with extra safety controls on the boiler that results in a very safe and secure package.
Standard Features: The following standard features include nationally known parts and controls that are available at most supply houses, allowing for quick and easy repair and maintenance, which can dramatically reduce down time:
* UL Listed Gas Trains and Control Systems.
* Choice of Power Burners.
* Main and Auxiliary Gas Valves
* Air Flow Switch
* Main Manual Leak Test Valve
* Pressure Control
* High-Limit With Manual Reset
* 5801-30 lb Pressure Gauge
* Siphon Loops
* 15 lb Pressure Relief Valve
* 150 Water Level Control
* Automatic Low Water Cutoff
* Gauge Glass Assembly
* Honeywell Aquastat Relay
* Burner Control Relay
* High Visibility Operating Light
* 1½" Diameter Firetubes of SA178-A Steel
* Turbulators for Maximum Heat Transfer
* Two Inches of Insulation With a Painted Steel Jacket.
Richard Fisher: Robert Brown’s Boiler Installation
Richard Fisher on Boiler room management - with the current state of the economy, it is extremely important that you are fully aware of the ways in which you can make savings around your home, along with the steps you can take to ensure that you do not waste more money that you need to.
There are small steps that can be taken, such as turning off lights when leaving a room, or not leaving electrical devices on standby when they are not in use. Regarding heat loss, you can install draft excluders on your windows and doors, as well as making sure your house is properly insulated; insulation in cavity walls, as well as in ceilings can save many hundreds of pounds in heating costs over a long period of time.
Regarding heat loss, while it is important to guard against heat being lost through insulation, it is incredibly important to consider how the heat is produced in the first place; is your current method efficient both economically and environmentally.
Richard Fisher on Boiler room management - Boiler replacement. If you have an old, inefficient electric boiler, it may be a good idea to arrange boiler installation for a new gas boiler. Gas boiler installation could save you hundreds of pounds each year, reducing your bills significantly.
All boiler installation jobs are complicated and can involve a large amount of work. If however you make sure you use a trained professional, the job can be stress free and quickly finished, with minimum fuss. If you do decide to carry out the installation yourself, you must be sure to read up on the subject in great depth, taking all recommended precautions before commencing work. It is also advisable that you have an assistant, to help with removal and installation, so you can concentrate on the technical aspects of the work fully.
Richard Fisher on Boiler room management - Required certification. There are levels of certification and permits required to legally undertake such work, such as building codes and planning permission laws.
You can often check these aspects with your local council and planning authority, as well as with your local gas company and supplier.
Once you are sure that you are ready to undertake the work, it is a good idea to prepare the area in which the boiler will be installed. In this area, there should be a gas supply, a water supply, and an electrical supply all within a close proximity of the boiler; the greater the distance between these supplies and the boiler, the greater the difficulty in installation. It is important to note that boiler installation should not take place near to any combustible substances; such is the danger of an explosion.
Once your boiler is delivered, you should make sure that all parts are present and correctly formed, prior to attempting an installation. Once you are sure everything is fine, you can begin your boiler installation along the guidelines that you have learned in your studies.
For More Information Visit : http://www.npower-online.co.uk Read more: http://business.ezinemark.com/boiler-installation-3183cd92936.html#ixzz18JwINJZW
There are small steps that can be taken, such as turning off lights when leaving a room, or not leaving electrical devices on standby when they are not in use. Regarding heat loss, you can install draft excluders on your windows and doors, as well as making sure your house is properly insulated; insulation in cavity walls, as well as in ceilings can save many hundreds of pounds in heating costs over a long period of time.
Regarding heat loss, while it is important to guard against heat being lost through insulation, it is incredibly important to consider how the heat is produced in the first place; is your current method efficient both economically and environmentally.
Richard Fisher on Boiler room management - Boiler replacement. If you have an old, inefficient electric boiler, it may be a good idea to arrange boiler installation for a new gas boiler. Gas boiler installation could save you hundreds of pounds each year, reducing your bills significantly.
All boiler installation jobs are complicated and can involve a large amount of work. If however you make sure you use a trained professional, the job can be stress free and quickly finished, with minimum fuss. If you do decide to carry out the installation yourself, you must be sure to read up on the subject in great depth, taking all recommended precautions before commencing work. It is also advisable that you have an assistant, to help with removal and installation, so you can concentrate on the technical aspects of the work fully.
Richard Fisher on Boiler room management - Required certification. There are levels of certification and permits required to legally undertake such work, such as building codes and planning permission laws.
You can often check these aspects with your local council and planning authority, as well as with your local gas company and supplier.
Once you are sure that you are ready to undertake the work, it is a good idea to prepare the area in which the boiler will be installed. In this area, there should be a gas supply, a water supply, and an electrical supply all within a close proximity of the boiler; the greater the distance between these supplies and the boiler, the greater the difficulty in installation. It is important to note that boiler installation should not take place near to any combustible substances; such is the danger of an explosion.
Once your boiler is delivered, you should make sure that all parts are present and correctly formed, prior to attempting an installation. Once you are sure everything is fine, you can begin your boiler installation along the guidelines that you have learned in your studies.
For More Information Visit : http://www.npower-online.co.uk Read more: http://business.ezinemark.com/boiler-installation-3183cd92936.html#ixzz18JwINJZW
Triad Boiler Room Systems Launched New Commercial Boilers
Fisher Capital on Boiler Room Equipment, Inc: Triad Boiler Systems manufactures uniquely rugged small-footprint hot water boilers, steam boilers, and radiant heating systems. All our boilers use 12 gauge firetubes in compact vessels that fit through very small doorways! Inputs range up to 2,000,000 BTU's. Create a highly efficient system with millions of BTU's by sequencing a string of these modular vessels.
TRIAD's commercial boilers and industrial grade Hot Water Heating, Domestic Hot Water, and Steam boilers are used in a wide variety of applications. Our commercial boilers are used at schools, universities, apartments, hospitals, office buildings, retirement communities, and churches. Industrial uses have included bakeries, smelting operations, food processing, quenching systems, and various heating applications for manufacturing. Triads’ modular boilers and radiant heating systems can be natural gas fired, oil fired, or dual fuel fired. For simplicity of operation and maintenance, all controls on our boilers are well known, off-the-shelf products. There area no proprietary parts on these boilers! This simplicity of operation is part of our philosophy, and an important reason why our customers return to us again and again.
TRIAD has been manufacturing high-quality boilers since 1926, and developed the modular boiler concept with primary/secondary piping, receiving a patent for it in 1967. We put this experience, knowledge, and expertise into every boiler.
We believe in quality - it is the overriding characteristic driving our company. This is why we manufacture extremely rugged, well-designed hot water and steam boilers that can provide decades of dependable service. We welcome your inquiries.
Benefits of Modularity
TRIAD's elegantly simple design maintains consistent water volume where heat is required.
Boilers are activated sequentially, drawing water from the main loop into the next hot water boiler until the heating need is meet., firing boilers remaining isolated, so no heated water circulates through cold boilers. During most of the year the unfired boilers provide additional backup. Outdoor temperatures and loop water temperatures are constantly monitored.
Fisher Capital on Boiler Room Equipment, Inc: The efficiency of this design is most apparent during warmer months, when a conventional hydronic heating or steam boiler could still be operating at full capacity.
Primary-Secondary Piping
TRIAD integrates modularity with a single pipe primary-secondary system. TRIAD was the first company to employ a Primary-Secondary concept. It operates with two loops, (i) the primary loop, or building main loop, and (ii) smaller secondary loops off of each hot water boiler, which supply heated water to the primary loop.
Upon a call for heat, the boiler pump begins pushing the return water into the boiler and out through the secondary loop, supplying this hot water up into the primary loop (the main header), where it mixes with the cooler return water from the main loop of the building.
Supply and return water are blended, avoiding the need for expensive and unreliable mixing valves commonly used in two pipe systems.
The secondary loop isolates each hot water boiler, resulting in a very efficient system that minimizes thermal shock.
Control Panel
TRIAD Boilers can be sequenced by the use of our control panel that provides many attractive features: Temperature set-back when less heat is required, such as nights and weekends, Adjustments for latent heat, to take advantage of hot boiler water that retains heat after the burner shuts down, Outdoor reset based on atmospheric temperatures, Monitoring of return water temperatures to maintain accurate heating output.
It is also very easy to sequence our boilers using the panel of any other major manufacturer.
Packaged Product
Fisher Capital on Boiler Room Equipment, Inc: All TRIAD hot water boilers and steam boilers are fully assembled, packaged products, which offer several advantages over boilers that must be assembled at the jobsite
Onsite labor costs are minimized, Quality control is higher at the factory than at the jobsite, the ease of installation of a packaged boiler allows for quicker start up.
Benefits of Steel Boilers
Easy to Clean
To maintain boiler efficiency, heating surfaces must be kept clean and free of combustion by-products. All TRIAD heating surfaces, especially the fire tubes, are easy to access. It is impossible to clean all the heating surfaces of a cast iron boiler, and what can be reached is difficult to clean.
TRIAD also makes it easy to maintain clean water surfaces. The cleaning of the interior of a cast iron boiler is a major undertaking, and even then only the vertical surfaces can be cleaned. The inability to clean the horizontal surfaces can have a significant impact on operating efficiency.
Easy to Repair
Because of their steel construction, TRIAD hot water and steam boilers can be repaired in the field with minimal disruption. A leak can be permanently welded or the tubes re-rolled with little difficulty. It is impossible to permanently weld a cracked cast iron boiler section or a leaking copper fin-tube boiler. The fire tubes are easily accessed through the top and through the fire door.
Fast Water Circulation
Poor circulation of water within the typical cast iron boiler is very common due to their design limits, while TRIAD's steel hot water boilers provide for faster circulation.
TRIAD's commercial boilers and industrial grade Hot Water Heating, Domestic Hot Water, and Steam boilers are used in a wide variety of applications. Our commercial boilers are used at schools, universities, apartments, hospitals, office buildings, retirement communities, and churches. Industrial uses have included bakeries, smelting operations, food processing, quenching systems, and various heating applications for manufacturing. Triads’ modular boilers and radiant heating systems can be natural gas fired, oil fired, or dual fuel fired. For simplicity of operation and maintenance, all controls on our boilers are well known, off-the-shelf products. There area no proprietary parts on these boilers! This simplicity of operation is part of our philosophy, and an important reason why our customers return to us again and again.
TRIAD has been manufacturing high-quality boilers since 1926, and developed the modular boiler concept with primary/secondary piping, receiving a patent for it in 1967. We put this experience, knowledge, and expertise into every boiler.
We believe in quality - it is the overriding characteristic driving our company. This is why we manufacture extremely rugged, well-designed hot water and steam boilers that can provide decades of dependable service. We welcome your inquiries.
Benefits of Modularity
TRIAD's elegantly simple design maintains consistent water volume where heat is required.
Boilers are activated sequentially, drawing water from the main loop into the next hot water boiler until the heating need is meet., firing boilers remaining isolated, so no heated water circulates through cold boilers. During most of the year the unfired boilers provide additional backup. Outdoor temperatures and loop water temperatures are constantly monitored.
Fisher Capital on Boiler Room Equipment, Inc: The efficiency of this design is most apparent during warmer months, when a conventional hydronic heating or steam boiler could still be operating at full capacity.
Primary-Secondary Piping
TRIAD integrates modularity with a single pipe primary-secondary system. TRIAD was the first company to employ a Primary-Secondary concept. It operates with two loops, (i) the primary loop, or building main loop, and (ii) smaller secondary loops off of each hot water boiler, which supply heated water to the primary loop.
Upon a call for heat, the boiler pump begins pushing the return water into the boiler and out through the secondary loop, supplying this hot water up into the primary loop (the main header), where it mixes with the cooler return water from the main loop of the building.
Supply and return water are blended, avoiding the need for expensive and unreliable mixing valves commonly used in two pipe systems.
The secondary loop isolates each hot water boiler, resulting in a very efficient system that minimizes thermal shock.
Control Panel
TRIAD Boilers can be sequenced by the use of our control panel that provides many attractive features: Temperature set-back when less heat is required, such as nights and weekends, Adjustments for latent heat, to take advantage of hot boiler water that retains heat after the burner shuts down, Outdoor reset based on atmospheric temperatures, Monitoring of return water temperatures to maintain accurate heating output.
It is also very easy to sequence our boilers using the panel of any other major manufacturer.
Packaged Product
Fisher Capital on Boiler Room Equipment, Inc: All TRIAD hot water boilers and steam boilers are fully assembled, packaged products, which offer several advantages over boilers that must be assembled at the jobsite
Onsite labor costs are minimized, Quality control is higher at the factory than at the jobsite, the ease of installation of a packaged boiler allows for quicker start up.
Benefits of Steel Boilers
Easy to Clean
To maintain boiler efficiency, heating surfaces must be kept clean and free of combustion by-products. All TRIAD heating surfaces, especially the fire tubes, are easy to access. It is impossible to clean all the heating surfaces of a cast iron boiler, and what can be reached is difficult to clean.
TRIAD also makes it easy to maintain clean water surfaces. The cleaning of the interior of a cast iron boiler is a major undertaking, and even then only the vertical surfaces can be cleaned. The inability to clean the horizontal surfaces can have a significant impact on operating efficiency.
Easy to Repair
Because of their steel construction, TRIAD hot water and steam boilers can be repaired in the field with minimal disruption. A leak can be permanently welded or the tubes re-rolled with little difficulty. It is impossible to permanently weld a cracked cast iron boiler section or a leaking copper fin-tube boiler. The fire tubes are easily accessed through the top and through the fire door.
Fast Water Circulation
Poor circulation of water within the typical cast iron boiler is very common due to their design limits, while TRIAD's steel hot water boilers provide for faster circulation.
The Boiler Room: GOLD CORPORATE MARKETING PARTNER Unilux Advanced Manufacturing
Unilux is the world's original 5 pass forced draft bent tube boiler wit no room for inaccuracy. With over thirty years of manufacturing and operational experience in just about every industry requiring boilers, Unilux stands alone as the most pristine, highly engineered, ultimate quality boiler in it's class. While the product speaks volumes, our success is our people; many with over 25 years at Unilux, we take enormous pride in every unit we manufacture. From immediate response to inquiries, performance data, drawings, product description and assistance with proper selection, everyone at Unilux has one important goal in mind…customer satisfaction. Unilux QA/QC boasts a stringent, internal program that emphasizes employee responsibility to safety, product and quality performance.
Richard Fisher of The Boiler Room: Unilux Advanced Manufacturing - Construction for all Unilux boilers starts with the vessel. All vessel material is controlled, ASME compliant material. Generous upper and lower drums are joined with large, external downcomer(s) allowing for maximum internal circulation. Tubes are a minimum 1.5" diameter, SA 178 Grade "A" material. Tube sizes up to 2.5" diameter are used for larger boilers. The Unilux housing is the most rigid available. Individual steel panels are manufactured with 11 gauge steel and reinforced by bending and welded stiffeners throughout. Refractory design is exclusive to Unilux. We utilize a three tier pour of different tolerance refractory for ultimate performance. All Unilux refractory is warranted for 5 years as standard. Finished insulated jacket panels are scratch resistant, polyester impregnated powder coat. Thermal losses from housing and jacket are 0.5 percent. The completed enclosure allows for up to +5" water column gas side pressure. All Unilux boilers are available with fuel burning equipment and control systems as desired.
Safety is paramount at Unilux. Every Unilux boiler has been engineered to be the safest, most efficient product available in its class.
At Unilux Boiler Corp., we engineer and manufacture bent water tube boilers of only the finest quality, built by experienced craftsmen and backed by a service history that is second to none. When others decline custom engineered projects, Unilux embraces the challenge with experienced, thought provoking ideas and the ability to assist engineers, contractors and end users with the most efficient, long lasting solutions to effectively meet their needs.
Richard Fisher of The Boiler Room: Unilux Advanced Manufacturing - Construction for all Unilux boilers starts with the vessel. All vessel material is controlled, ASME compliant material. Generous upper and lower drums are joined with large, external downcomer(s) allowing for maximum internal circulation. Tubes are a minimum 1.5" diameter, SA 178 Grade "A" material. Tube sizes up to 2.5" diameter are used for larger boilers. The Unilux housing is the most rigid available. Individual steel panels are manufactured with 11 gauge steel and reinforced by bending and welded stiffeners throughout. Refractory design is exclusive to Unilux. We utilize a three tier pour of different tolerance refractory for ultimate performance. All Unilux refractory is warranted for 5 years as standard. Finished insulated jacket panels are scratch resistant, polyester impregnated powder coat. Thermal losses from housing and jacket are 0.5 percent. The completed enclosure allows for up to +5" water column gas side pressure. All Unilux boilers are available with fuel burning equipment and control systems as desired.
Safety is paramount at Unilux. Every Unilux boiler has been engineered to be the safest, most efficient product available in its class.
At Unilux Boiler Corp., we engineer and manufacture bent water tube boilers of only the finest quality, built by experienced craftsmen and backed by a service history that is second to none. When others decline custom engineered projects, Unilux embraces the challenge with experienced, thought provoking ideas and the ability to assist engineers, contractors and end users with the most efficient, long lasting solutions to effectively meet their needs.
Fisher Capital News Update On Highway Equipment Company Achieves NTEA’s MVP Status
Fisher Capital News Update On Highway Equipment Company Achieves NTEA’s MVP Status CEDAR RAPIDS, IA – October 6, 2010 – Highway Equipment Company (HECO), the manufacturer of Hi-Way® road maintenance equipment and New Leader® crop nutrient applicators is pleased to announce the achievement of the National Truck Equipment Association’s (NTEA) Member Verification Program (MVP) status. MVP participants distinguish themselves by embracing the knowledge that is necessary to provide a high level of quality while meeting certain regulatory requirements. Fisher Capital News Update: Keep updated on recent events, press releases and latest machineries to avoid scam. FISHER CAPITAL CONSTRUCTION MANAGEMENT Construction Machineries, Suppliers Directory and Others. The NTEA MVP recognizes distributors, manufacturers and up-fitters for implementing quality business practices and for complying with specific government safety regulations.
Richard Fisher: Robert Brown’s Boiler Installation
Richard Fisher on Boiler room management - with the current state of the economy, it is extremely important that you are fully aware of the ways in which you can make savings around your home, along with the steps you can take to ensure that you do not waste more money that you need to.
Triad Boiler Room Systems Launched New Commercial Boilers
Fisher Capital on Boiler Room Equipment, Inc: Triad Boiler Systems manufactures uniquely rugged small-footprint hot water boilers, steam boilers, and radiant heating systems. All our boilers use 12 gauge firetubes in compact vessels that fit through very small doorways! Inputs range up to 2,000,000 BTU's. Create a highly efficient system with millions of BTU's by sequencing a string of these modular vessels.
TRIAD's commercial boilers and industrial grade Hot Water Heating, Domestic Hot Water, and Steam boilers are used in a wide variety of applications. Our commercial boilers are used at schools, universities, apartments, hospitals, office buildings, retirement communities, and churches. Industrial uses have included bakeries, smelting operations, food processing, quenching systems, and various heating applications for manufacturing. Triads’ modular boilers and radiant heating systems can be natural gas fired, oil fired, or dual fuel fired. For simplicity of operation and maintenance, all controls on our boilers are well known, off-the-shelf products. There area no proprietary parts on these boilers! This simplicity of operation is part of our philosophy, and an important reason why our customers return to us again and again.
TRIAD has been manufacturing high-quality boilers since 1926, and developed the modular boiler concept with primary/secondary piping, receiving a patent for it in 1967. We put this experience, knowledge, and expertise into every boiler.
We believe in quality - it is the overriding characteristic driving our company. This is why we manufacture extremely rugged, well-designed hot water and steam boilers that can provide decades of dependable service. We welcome your inquiries.
Benefits of Modularity
TRIAD's elegantly simple design maintains consistent water volume where heat is required.
Boilers are activated sequentially, drawing water from the main loop into the next hot water boiler until the heating need is meet., firing boilers remaining isolated, so no heated water circulates through cold boilers. During most of the year the unfired boilers provide additional backup. Outdoor temperatures and loop water temperatures are constantly monitored.
Fisher Capital on Boiler Room Equipment, Inc: The efficiency of this design is most apparent during warmer months, when a conventional hydronic heating or steam boiler could still be operating at full capacity.
Primary-Secondary Piping
TRIAD integrates modularity with a single pipe primary-secondary system. TRIAD was the first company to employ a Primary-Secondary concept. It operates with two loops, (i) the primary loop, or building main loop, and (ii) smaller secondary loops off of each hot water boiler, which supply heated water to the primary loop.
Upon a call for heat, the boiler pump begins pushing the return water into the boiler and out through the secondary loop, supplying this hot water up into the primary loop (the main header), where it mixes with the cooler return water from the main loop of the building.
Supply and return water are blended, avoiding the need for expensive and unreliable mixing valves commonly used in two pipe systems.
The secondary loop isolates each hot water boiler, resulting in a very efficient system that minimizes thermal shock.
Control Panel
TRIAD Boilers can be sequenced by the use of our control panel that provides many attractive features: Temperature set-back when less heat is required, such as nights and weekends, Adjustments for latent heat, to take advantage of hot boiler water that retains heat after the burner shuts down, Outdoor reset based on atmospheric temperatures, Monitoring of return water temperatures to maintain accurate heating output.
It is also very easy to sequence our boilers using the panel of any other major manufacturer.
Packaged Product
Fisher Capital on Boiler Room Equipment, Inc: All TRIAD hot water boilers and steam boilers are fully assembled, packaged products, which offer several advantages over boilers that must be assembled at the jobsite
Onsite labor costs are minimized, Quality control is higher at the factory than at the jobsite, the ease of installation of a packaged boiler allows for quicker start up.
Benefits of Steel Boilers
Easy to Clean
To maintain boiler efficiency, heating surfaces must be kept clean and free of combustion by-products. All TRIAD heating surfaces, especially the fire tubes, are easy to access. It is impossible to clean all the heating surfaces of a cast iron boiler, and what can be reached is difficult to clean.
TRIAD also makes it easy to maintain clean water surfaces. The cleaning of the interior of a cast iron boiler is a major undertaking, and even then only the vertical surfaces can be cleaned. The inability to clean the horizontal surfaces can have a significant impact on operating efficiency.
Easy to Repair
Because of their steel construction, TRIAD hot water and steam boilers can be repaired in the field with minimal disruption. A leak can be permanently welded or the tubes re-rolled with little difficulty. It is impossible to permanently weld a cracked cast iron boiler section or a leaking copper fin-tube boiler. The fire tubes are easily accessed through the top and through the fire door.
Fast Water Circulation
Poor circulation of water within the typical cast iron boiler is very common due to their design limits, while TRIAD's steel hot water boilers provide for faster circulation.
# # #
About Boiler Room Go Steam
An On-Line Community of Manufacturers, Representatives, Engineers and Operators of Commercial and Industrial Steam Boilers
Commercial and Industrial Boiler
On-Line E-Commerce and Information Portal
TRIAD's commercial boilers and industrial grade Hot Water Heating, Domestic Hot Water, and Steam boilers are used in a wide variety of applications. Our commercial boilers are used at schools, universities, apartments, hospitals, office buildings, retirement communities, and churches. Industrial uses have included bakeries, smelting operations, food processing, quenching systems, and various heating applications for manufacturing. Triads’ modular boilers and radiant heating systems can be natural gas fired, oil fired, or dual fuel fired. For simplicity of operation and maintenance, all controls on our boilers are well known, off-the-shelf products. There area no proprietary parts on these boilers! This simplicity of operation is part of our philosophy, and an important reason why our customers return to us again and again.
TRIAD has been manufacturing high-quality boilers since 1926, and developed the modular boiler concept with primary/secondary piping, receiving a patent for it in 1967. We put this experience, knowledge, and expertise into every boiler.
We believe in quality - it is the overriding characteristic driving our company. This is why we manufacture extremely rugged, well-designed hot water and steam boilers that can provide decades of dependable service. We welcome your inquiries.
Benefits of Modularity
TRIAD's elegantly simple design maintains consistent water volume where heat is required.
Boilers are activated sequentially, drawing water from the main loop into the next hot water boiler until the heating need is meet., firing boilers remaining isolated, so no heated water circulates through cold boilers. During most of the year the unfired boilers provide additional backup. Outdoor temperatures and loop water temperatures are constantly monitored.
Fisher Capital on Boiler Room Equipment, Inc: The efficiency of this design is most apparent during warmer months, when a conventional hydronic heating or steam boiler could still be operating at full capacity.
Primary-Secondary Piping
TRIAD integrates modularity with a single pipe primary-secondary system. TRIAD was the first company to employ a Primary-Secondary concept. It operates with two loops, (i) the primary loop, or building main loop, and (ii) smaller secondary loops off of each hot water boiler, which supply heated water to the primary loop.
Upon a call for heat, the boiler pump begins pushing the return water into the boiler and out through the secondary loop, supplying this hot water up into the primary loop (the main header), where it mixes with the cooler return water from the main loop of the building.
Supply and return water are blended, avoiding the need for expensive and unreliable mixing valves commonly used in two pipe systems.
The secondary loop isolates each hot water boiler, resulting in a very efficient system that minimizes thermal shock.
Control Panel
TRIAD Boilers can be sequenced by the use of our control panel that provides many attractive features: Temperature set-back when less heat is required, such as nights and weekends, Adjustments for latent heat, to take advantage of hot boiler water that retains heat after the burner shuts down, Outdoor reset based on atmospheric temperatures, Monitoring of return water temperatures to maintain accurate heating output.
It is also very easy to sequence our boilers using the panel of any other major manufacturer.
Packaged Product
Fisher Capital on Boiler Room Equipment, Inc: All TRIAD hot water boilers and steam boilers are fully assembled, packaged products, which offer several advantages over boilers that must be assembled at the jobsite
Onsite labor costs are minimized, Quality control is higher at the factory than at the jobsite, the ease of installation of a packaged boiler allows for quicker start up.
Benefits of Steel Boilers
Easy to Clean
To maintain boiler efficiency, heating surfaces must be kept clean and free of combustion by-products. All TRIAD heating surfaces, especially the fire tubes, are easy to access. It is impossible to clean all the heating surfaces of a cast iron boiler, and what can be reached is difficult to clean.
TRIAD also makes it easy to maintain clean water surfaces. The cleaning of the interior of a cast iron boiler is a major undertaking, and even then only the vertical surfaces can be cleaned. The inability to clean the horizontal surfaces can have a significant impact on operating efficiency.
Easy to Repair
Because of their steel construction, TRIAD hot water and steam boilers can be repaired in the field with minimal disruption. A leak can be permanently welded or the tubes re-rolled with little difficulty. It is impossible to permanently weld a cracked cast iron boiler section or a leaking copper fin-tube boiler. The fire tubes are easily accessed through the top and through the fire door.
Fast Water Circulation
Poor circulation of water within the typical cast iron boiler is very common due to their design limits, while TRIAD's steel hot water boilers provide for faster circulation.
# # #
About Boiler Room Go Steam
An On-Line Community of Manufacturers, Representatives, Engineers and Operators of Commercial and Industrial Steam Boilers
Commercial and Industrial Boiler
On-Line E-Commerce and Information Portal
Fisher Capital News Update: Lease Scams
Fisher Capital News Update: Keep updated on recent events, press releases and latest machineries to avoid scam.
FISHER CAPITAL CONSTRUCTION MANAGEMENT - Construction Machineries, Suppliers Directory and Others.
Let's be direct. Unsolicited, "Pre-Qualified credit line" mass mailings are unethical at best. You know the pitch: "Because of your excellent Dun & Bradstreet rating your company has been selected to receive a $75,000 leasing line of credit! Just call your customer Service Rep to activate your line".
When you call you are congratulated and then faxed a "membership confirmation form." You are told to start selecting equipment from vendors of your choice, arrange for delivery and let the vendor know that you are pre-approved by the leasing company.
What are the problems here? In no certain order, the problems are:
Your company is NOT pre-approved. The "membership confirmation" is nothing but a credit application.
The rate or payment per month can (and often does) change because of something on your credit report even though you were pre-qualified.
There is now an extortive effect: the equipment is about to be delivered, and you must go along with the high price (or other unpleasant terms), or have to admit to the vendor that your being "pre-approved" was not accurate -- there's a question about your credit.
There are many scams and unfair practices that are all too common in the finance industry (See "What to Watch For," below.). The mailing list "Pre-Approver" has given you a signal that he is prone to dishonesty. Be Aware.
We recently received a call from an entrepeneur who has been trying to clean up his credit report. This fellow has paid off all but $20,000 of a quarter million in delinquencies, charge-offs, and judgements, in spite of his attorney's telling him to just go bankrupt. I like this guy. He chose to do the right thing. But he is not ready to be approved at anything like a reasonable rate. What's the damage? Not only did the "Pre-approver" unrealistically raise his hopes and then humiliate him to the three vendors from whom he wanted to acquire equipment, they also "shot-gunned" his application to other leasing companies (apparently trying to broker the deal). This actually created unnecessary "inquiries" on his credit report, making it worse than it would have been.
What to Watch For? What can be misrepresented? The list is long, but here is the simple key to most problems: Verbal assurances are meaningless if they are not written into your lease. Or, as one industry wit says, "If it's not in the contract, it's not in the deal."
EXAMPLES:
"blah, blah, blah...and then you own the equipment." Yeah, sure! If you do not have a documented one-dollar purchase option - either in the lease or as a separate document, you can look forward to paying anywhere from ten to fifty percent of the original cost of the equipment to purchase it at the end. What's that? You want to fight it? Monthly rental payments will continue while you are fighting that losing battle. You MUST make sure BEFORE you sign a lease that the purchase option you negotiated is in binding written form. By the way, be certain that there are no unreasonable purchase option terms, such as "...you must notify us 90 days before the end of the lease or your lease renews and you must make payments for an additional one year period.
"...and the interest rate is only _____." (Fill in the blank). A leasing company rep can be held to monthly payment, number of months, purchase option, documentation fee, total dollar amount of finance cost, and number of advance payments. He cannot be held to the interest rate because it does not appear in the contract. At Keystone Equipment Leasing, Inc., we encourage comparison shopping. But compare the things that are in the contract. It is the only way to do an apples-to-apples analysis. Interest rate formulas are complex things (even Albert Einstein is reputed to have been fascinated) and few people can work it backwards. At least if you work out several lease quotes yourself, you'll be using the same formula for each to see who has the best deal. Note: For the past two decadess we have been offering lunch at the best restaurant in the customer's town if we could not prove that the "interest-rate" quote for any leasing company was inaccurate. Still no winners. If you have a few quotes with payment amount and terms, you will be doing the best you can -- and we at Keystone will win your business almost every time.
Advance Rentals vs. Security Deposits: Advance rentals are usually applied to the first monthly payment and the last one or two payments. Security deposit application is dependent on the ethics of the leasing company. Is it refundable? Can it be used for the last couple of payments? Is it in addition to a first month's rental. (That would make a two advance payment deal into a three advance payment deal.)
"Is there an early buy-out or pre-payment penalty? Absolutely not!" says the glib lease salesman. I am reminded of the software engineers' advice: "When all else fails, RTFM (read the manual)." These contracts are non-cancelable. A decent leasing company will allow you to discount the accelerated payments at a reasonable rate. A bad one will allow you to write a check for all of the remaining payments on your lease without adding a penalty payment, and that IS a penalty. You are paying early, without any rebate of the finance charges.
FISHER CAPITAL CONSTRUCTION MANAGEMENT - Construction Machineries, Suppliers Directory and Others.
Let's be direct. Unsolicited, "Pre-Qualified credit line" mass mailings are unethical at best. You know the pitch: "Because of your excellent Dun & Bradstreet rating your company has been selected to receive a $75,000 leasing line of credit! Just call your customer Service Rep to activate your line".
When you call you are congratulated and then faxed a "membership confirmation form." You are told to start selecting equipment from vendors of your choice, arrange for delivery and let the vendor know that you are pre-approved by the leasing company.
What are the problems here? In no certain order, the problems are:
Your company is NOT pre-approved. The "membership confirmation" is nothing but a credit application.
The rate or payment per month can (and often does) change because of something on your credit report even though you were pre-qualified.
There is now an extortive effect: the equipment is about to be delivered, and you must go along with the high price (or other unpleasant terms), or have to admit to the vendor that your being "pre-approved" was not accurate -- there's a question about your credit.
There are many scams and unfair practices that are all too common in the finance industry (See "What to Watch For," below.). The mailing list "Pre-Approver" has given you a signal that he is prone to dishonesty. Be Aware.
We recently received a call from an entrepeneur who has been trying to clean up his credit report. This fellow has paid off all but $20,000 of a quarter million in delinquencies, charge-offs, and judgements, in spite of his attorney's telling him to just go bankrupt. I like this guy. He chose to do the right thing. But he is not ready to be approved at anything like a reasonable rate. What's the damage? Not only did the "Pre-approver" unrealistically raise his hopes and then humiliate him to the three vendors from whom he wanted to acquire equipment, they also "shot-gunned" his application to other leasing companies (apparently trying to broker the deal). This actually created unnecessary "inquiries" on his credit report, making it worse than it would have been.
What to Watch For? What can be misrepresented? The list is long, but here is the simple key to most problems: Verbal assurances are meaningless if they are not written into your lease. Or, as one industry wit says, "If it's not in the contract, it's not in the deal."
EXAMPLES:
"blah, blah, blah...and then you own the equipment." Yeah, sure! If you do not have a documented one-dollar purchase option - either in the lease or as a separate document, you can look forward to paying anywhere from ten to fifty percent of the original cost of the equipment to purchase it at the end. What's that? You want to fight it? Monthly rental payments will continue while you are fighting that losing battle. You MUST make sure BEFORE you sign a lease that the purchase option you negotiated is in binding written form. By the way, be certain that there are no unreasonable purchase option terms, such as "...you must notify us 90 days before the end of the lease or your lease renews and you must make payments for an additional one year period.
"...and the interest rate is only _____." (Fill in the blank). A leasing company rep can be held to monthly payment, number of months, purchase option, documentation fee, total dollar amount of finance cost, and number of advance payments. He cannot be held to the interest rate because it does not appear in the contract. At Keystone Equipment Leasing, Inc., we encourage comparison shopping. But compare the things that are in the contract. It is the only way to do an apples-to-apples analysis. Interest rate formulas are complex things (even Albert Einstein is reputed to have been fascinated) and few people can work it backwards. At least if you work out several lease quotes yourself, you'll be using the same formula for each to see who has the best deal. Note: For the past two decadess we have been offering lunch at the best restaurant in the customer's town if we could not prove that the "interest-rate" quote for any leasing company was inaccurate. Still no winners. If you have a few quotes with payment amount and terms, you will be doing the best you can -- and we at Keystone will win your business almost every time.
Advance Rentals vs. Security Deposits: Advance rentals are usually applied to the first monthly payment and the last one or two payments. Security deposit application is dependent on the ethics of the leasing company. Is it refundable? Can it be used for the last couple of payments? Is it in addition to a first month's rental. (That would make a two advance payment deal into a three advance payment deal.)
"Is there an early buy-out or pre-payment penalty? Absolutely not!" says the glib lease salesman. I am reminded of the software engineers' advice: "When all else fails, RTFM (read the manual)." These contracts are non-cancelable. A decent leasing company will allow you to discount the accelerated payments at a reasonable rate. A bad one will allow you to write a check for all of the remaining payments on your lease without adding a penalty payment, and that IS a penalty. You are paying early, without any rebate of the finance charges.
Fisher Capital Updates Avoid Scams- New Swiss Style Agency Nexturn
Most recently by the financial turmoil sweeping the globe, has been leading the international trend of the Europeanheavy truck giant constantly laying off employees and cut-off of the news. Avoid scams. Keep posted and don’t be a victim.
2008 12 16, Sweden Volvo Truck Group headquarters in Gothenburg, announced first quarter 2009 will be discontinued 20 to 25 days to avoid a drop in demand caused by product mix. Earlier, the German truck maker Man (MAN) company announced major layoffs for temporary workers and cut production. Mercedes-Benz trucks were announced job cuts in Canada and the United States, 2300.
Chinese auto companies have gradually felt the tremendous power of this financial crisis.
Related Coverage
* Fisher Capital News: European Union Combats Pollutant Emissions From Non-road Mobile Machinery
With such close scrutiny on pollutant emissions from road vehicles, what measures are in place to regulate emissions from non-road mobile machinery (NRMM)? Get educated, avoid scam and learn from latest news update from Fisher Capital Equipment Management Leasing.
* Lease Scams
Fisher Capital News Update: Keep updated on recent events, press releases and latest machineries to avoid scam.
* Komatsu America Corp. Introduces The Wa1200-6 Wheel Loader
Fisher Capital News Update: Keep updated on recent events, press releases and latest machineries to avoid scam.
* Rockland Equipment For Crawler Tractors
Fisher Capital News Update: Keep updated on recent events, press releases and latest machineries to avoid scam.
In the heavy truck market, the independent brand of electric control and high-pressure EGR Track Product spreads win one or two million in full swing, not to mention the high price of imported heavy card. The face of tough international market, the European heavy truck giant can turn "crisis" into "opportunities" in China for more effective business support?
Previous years, this time, each company will announce a new year of market objectives and development plans. But this year, most businesses still wait until. Interest rates, exchange rates frequently adjusted bailout plan were introduced, the situation changes so rapidly, so that hundreds of battles in the European heavy truck giant become more cautious than ever.
Benz trucks in China public relations manager, told reporters that Wang Hui, Mercedes-Benz on the Chinese market and customers long-term commitment is consistent.
Slowdown in the current market circumstances, the Mercedes-Benz will continue to provide Chinese customers with high quality products and services. Meanwhile, Mercedes-Benz that the Chinese government to stimulate domestic demand, increasing investment in initiatives such as the opportunities for the commercial vehicle market, promising Chinese market, long-term, sustainable development.
Insiders commented that, compared with the domestic heavy truck, imported products have a distinct performance advantage. However, due to the special needs of our commercial vehicles, heavy trucks have been no imports of high-end open market, even as imports of passenger cars did not bring in huge profits for multinational corporations. At present, this situation has not changed.
Hard for many years in China, another giant of heavy trucks in Europe?? Volvo to the Chinese market showed cautious optimism. President of Volvo Trucks in China, said Lu Bo days, despite the international financial crisis, but the driving force for China's economic development still exist, with the timely measures taken by the relevant market better than in Europe and the United States. He said that both in good times or bad, both for China Volvo Cooperation Partner support, and will not lay off in China.
As the industry leader in commercial vehicles in Europe, Mercedes-Benz and Volvo is also China's imports of high-end heavy truck market leader, in recent years has annual sales of more than in 1000. Rely on much weaker than the company's own brand dealer network, can achieve such results is not easy, to keep victories is their primary goal. Man speaking for the company, but the adverse economic situation it saw an opportunity. Man Fischer, vice president of China, told reporters that the financial turmoil, China is likely in 2009 a temporary economic downturn. However, the Man for 2010 are optimistic about China's economic situation. On the one hand, the 4 trillion yuan in central government investment projects, traffic, transportation, logistics industry is the key; the other hand, the Chinese yuan to upgrade the user's purchasing power. By expanding dealer network to provide users of financial services and other measures, Mann hopes the Chinese market in 2009 heavy truck sales of more than 500 in 2010, and strive to reach 1,000 units in China imports high-end heavy truck market share from the current 8% to 20%.
China called the world's largest truck market, regardless of existing capacity or growth potential is very attractive. At present, the global economy are shrouded in shadow of financial turmoil, the Chinese market for multinational auto giants significantly increased the importance of the European heavy truck giant too. Although China's own brand of technical level of heavy truck brand products in Europe there is still a gap, but their progress over the years is obvious to all. The industry believes that both the Chinese heavy truck market prospects are also notable features. This feature is changing for the right to speak, the Chinese heavy truck industry has gradually become rules of the game makers. Only able to adapt to the rules of Chinese enterprises to share the fruits of victory.
Related Reading: 2009 debut all the new heavy truck market in China smoke resurgence
In the global financial crisis, China's heavy truck industry is facing the most strong market impact in history, many users are forced to report truck stop, a sharp decline in market demand, but as the beginning of large-scale infrastructure and fuel tax implementation, some experts predict that 2009 will be the second half of the Chinese heavy truck market is expected to rebound. Then, the face of the current severe situation, how companies can survive the winter; future market rebound when the business first opened, how can the situation? In the face of this issue, China's heavy truck manufacturers have thought they were talking to the product. Recently, the China Heavy Duty Truck, Shaanxi Auto, Fukuda, SAIC Iveco Hongyan, Valin successively announced their new 09 models, can be predicted that in 2009 China's heavy truck market, a war broke out did not smoke.
2008 12 16, Sweden Volvo Truck Group headquarters in Gothenburg, announced first quarter 2009 will be discontinued 20 to 25 days to avoid a drop in demand caused by product mix. Earlier, the German truck maker Man (MAN) company announced major layoffs for temporary workers and cut production. Mercedes-Benz trucks were announced job cuts in Canada and the United States, 2300.
Chinese auto companies have gradually felt the tremendous power of this financial crisis.
Related Coverage
* Fisher Capital News: European Union Combats Pollutant Emissions From Non-road Mobile Machinery
With such close scrutiny on pollutant emissions from road vehicles, what measures are in place to regulate emissions from non-road mobile machinery (NRMM)? Get educated, avoid scam and learn from latest news update from Fisher Capital Equipment Management Leasing.
* Lease Scams
Fisher Capital News Update: Keep updated on recent events, press releases and latest machineries to avoid scam.
* Komatsu America Corp. Introduces The Wa1200-6 Wheel Loader
Fisher Capital News Update: Keep updated on recent events, press releases and latest machineries to avoid scam.
* Rockland Equipment For Crawler Tractors
Fisher Capital News Update: Keep updated on recent events, press releases and latest machineries to avoid scam.
In the heavy truck market, the independent brand of electric control and high-pressure EGR Track Product spreads win one or two million in full swing, not to mention the high price of imported heavy card. The face of tough international market, the European heavy truck giant can turn "crisis" into "opportunities" in China for more effective business support?
Previous years, this time, each company will announce a new year of market objectives and development plans. But this year, most businesses still wait until. Interest rates, exchange rates frequently adjusted bailout plan were introduced, the situation changes so rapidly, so that hundreds of battles in the European heavy truck giant become more cautious than ever.
Benz trucks in China public relations manager, told reporters that Wang Hui, Mercedes-Benz on the Chinese market and customers long-term commitment is consistent.
Slowdown in the current market circumstances, the Mercedes-Benz will continue to provide Chinese customers with high quality products and services. Meanwhile, Mercedes-Benz that the Chinese government to stimulate domestic demand, increasing investment in initiatives such as the opportunities for the commercial vehicle market, promising Chinese market, long-term, sustainable development.
Insiders commented that, compared with the domestic heavy truck, imported products have a distinct performance advantage. However, due to the special needs of our commercial vehicles, heavy trucks have been no imports of high-end open market, even as imports of passenger cars did not bring in huge profits for multinational corporations. At present, this situation has not changed.
Hard for many years in China, another giant of heavy trucks in Europe?? Volvo to the Chinese market showed cautious optimism. President of Volvo Trucks in China, said Lu Bo days, despite the international financial crisis, but the driving force for China's economic development still exist, with the timely measures taken by the relevant market better than in Europe and the United States. He said that both in good times or bad, both for China Volvo Cooperation Partner support, and will not lay off in China.
As the industry leader in commercial vehicles in Europe, Mercedes-Benz and Volvo is also China's imports of high-end heavy truck market leader, in recent years has annual sales of more than in 1000. Rely on much weaker than the company's own brand dealer network, can achieve such results is not easy, to keep victories is their primary goal. Man speaking for the company, but the adverse economic situation it saw an opportunity. Man Fischer, vice president of China, told reporters that the financial turmoil, China is likely in 2009 a temporary economic downturn. However, the Man for 2010 are optimistic about China's economic situation. On the one hand, the 4 trillion yuan in central government investment projects, traffic, transportation, logistics industry is the key; the other hand, the Chinese yuan to upgrade the user's purchasing power. By expanding dealer network to provide users of financial services and other measures, Mann hopes the Chinese market in 2009 heavy truck sales of more than 500 in 2010, and strive to reach 1,000 units in China imports high-end heavy truck market share from the current 8% to 20%.
China called the world's largest truck market, regardless of existing capacity or growth potential is very attractive. At present, the global economy are shrouded in shadow of financial turmoil, the Chinese market for multinational auto giants significantly increased the importance of the European heavy truck giant too. Although China's own brand of technical level of heavy truck brand products in Europe there is still a gap, but their progress over the years is obvious to all. The industry believes that both the Chinese heavy truck market prospects are also notable features. This feature is changing for the right to speak, the Chinese heavy truck industry has gradually become rules of the game makers. Only able to adapt to the rules of Chinese enterprises to share the fruits of victory.
Related Reading: 2009 debut all the new heavy truck market in China smoke resurgence
In the global financial crisis, China's heavy truck industry is facing the most strong market impact in history, many users are forced to report truck stop, a sharp decline in market demand, but as the beginning of large-scale infrastructure and fuel tax implementation, some experts predict that 2009 will be the second half of the Chinese heavy truck market is expected to rebound. Then, the face of the current severe situation, how companies can survive the winter; future market rebound when the business first opened, how can the situation? In the face of this issue, China's heavy truck manufacturers have thought they were talking to the product. Recently, the China Heavy Duty Truck, Shaanxi Auto, Fukuda, SAIC Iveco Hongyan, Valin successively announced their new 09 models, can be predicted that in 2009 China's heavy truck market, a war broke out did not smoke.
Fisher Capital Updates Avoid Scams- New Swiss Style Agency Nexturn
Most recently by the financial turmoil sweeping the globe, has been leading the international trend of the Europeanheavy truck giant constantly laying off employees and cut-off of the news. Avoid scams. Keep posted and don't be a victim.
2008 12 16, Sweden Volvo Truck Group headquarters in Gothenburg, announced first quarter 2009 will be discontinued 20 to 25 days to avoid a drop in demand caused by product mix. Earlier, the German truck maker Man (MAN) company announced major layoffs for temporary workers and cut production. Mercedes-Benz trucks were announced job cuts in Canada and the United States, 2300.
Chinese auto companies have gradually felt the tremendous power of this financial crisis. In the heavy truck market, the independent brand of electric control and high-pressure EGR Track Product spreads win one or two million in full swing, not to mention the high price of imported heavy card. The face of tough international market, the European heavy truck giant can turn "crisis" into "opportunities" in China for more effective business support?
Previous years, this time, each company will announce a new year of market objectives and development plans. But this year, most businesses still wait until. Interest rates, exchange rates frequently adjusted bailout plan were introduced, the situation changes so rapidly, so that hundreds of battles in the European heavy truck giant become more cautious than ever.
Benz trucks in China public relations manager, told reporters that Wang Hui, Mercedes-Benz on the Chinese market and customers long-term commitment is consistent. Slowdown in the current market circumstances, the Mercedes-Benz will continue to provide Chinese customers with high quality products and services. Meanwhile, Mercedes-Benz that the Chinese government to stimulate domestic demand, increasing investment in initiatives such as the opportunities for the commercial vehicle market, promising Chinese market, long-term, sustainable development.
Insiders commented that, compared with the domestic heavy truck, imported products have a distinct performance advantage. However, due to the special needs of our commercial vehicles, heavy trucks have been no imports of high-end open market, even as imports of passenger cars did not bring in huge profits for multinational corporations. At present, this situation has not changed.
Hard for many years in China, another giant of heavy trucks in Europe?? Volvo to the Chinese market showed cautious optimism. President of Volvo Trucks in China, said Lu Bo days, despite the international financial crisis, but the driving force for China's economic development still exist, with the timely measures taken by the relevant market better than in Europe and the United States. He said that both in good times or bad, both for China Volvo Cooperation Partner support, and will not lay off in China.
As the industry leader in commercial vehicles in Europe, Mercedes-Benz and Volvo is also China's imports of high-end heavy truck market leader, in recent years has annual sales of more than in 1000. Rely on much weaker than the company's own brand dealer network, can achieve such results is not easy, to keep victories is their primary goal. Man speaking for the company, but the adverse economic situation it saw an opportunity. Man Fischer, vice president of China, told reporters that the financial turmoil, China is likely in 2009 a temporary economic downturn. However, the Man for 2010 are optimistic about China's economic situation. On the one hand, the 4 trillion yuan in central government investment projects, traffic, transportation, logistics industry is the key; the other hand, the Chinese yuan to upgrade the user's purchasing power. By expanding dealer network to provide users of financial services and other measures, Mann hopes the Chinese market in 2009 heavy truck sales of more than 500 in 2010, and strive to reach 1,000 units in China imports high-end heavy truck market share from the current 8% to 20%.
China called the world's largest truck market, regardless of existing capacity or growth potential is very attractive. At present, the global economy are shrouded in shadow of financial turmoil, the Chinese market for multinational auto giants significantly increased the importance of the European heavy truck giant too. Although China's own brand of technical level of heavy truck brand products in Europe there is still a gap, but their progress over the years is obvious to all. The industry believes that both the Chinese heavy truck market prospects are also notable features. This feature is changing for the right to speak, the Chinese heavy truck industry has gradually become rules of the game makers. Only able to adapt to the rules of Chinese enterprises to share the fruits of victory.
Related Reading: 2009 debut all the new heavy truck market in China smoke resurgence.
In the global financial crisis, China's heavy truck industry is facing the most strong market impact in history, many users are forced to report truck stop, a sharp decline in market demand, but as the beginning of large-scale infrastructure and fuel tax implementation, some experts predict that 2009 will be the second half of the Chinese heavy truck market is expected to rebound. Then, the face of the current severe situation, how companies can survive the winter; future market rebound when the business first opened, how can the situation? In the face of this issue, China's heavy truck manufacturers have thought they were talking to the product. Recently, the China Heavy Duty Truck, Shaanxi Auto, Fukuda, SAIC Iveco Hongyan, Valin successively announced their new 09 models, can be predicted that in 2009 China's heavy truck market, a war broke out did not smoke.
2008 12 16, Sweden Volvo Truck Group headquarters in Gothenburg, announced first quarter 2009 will be discontinued 20 to 25 days to avoid a drop in demand caused by product mix. Earlier, the German truck maker Man (MAN) company announced major layoffs for temporary workers and cut production. Mercedes-Benz trucks were announced job cuts in Canada and the United States, 2300.
Chinese auto companies have gradually felt the tremendous power of this financial crisis. In the heavy truck market, the independent brand of electric control and high-pressure EGR Track Product spreads win one or two million in full swing, not to mention the high price of imported heavy card. The face of tough international market, the European heavy truck giant can turn "crisis" into "opportunities" in China for more effective business support?
Previous years, this time, each company will announce a new year of market objectives and development plans. But this year, most businesses still wait until. Interest rates, exchange rates frequently adjusted bailout plan were introduced, the situation changes so rapidly, so that hundreds of battles in the European heavy truck giant become more cautious than ever.
Benz trucks in China public relations manager, told reporters that Wang Hui, Mercedes-Benz on the Chinese market and customers long-term commitment is consistent. Slowdown in the current market circumstances, the Mercedes-Benz will continue to provide Chinese customers with high quality products and services. Meanwhile, Mercedes-Benz that the Chinese government to stimulate domestic demand, increasing investment in initiatives such as the opportunities for the commercial vehicle market, promising Chinese market, long-term, sustainable development.
Insiders commented that, compared with the domestic heavy truck, imported products have a distinct performance advantage. However, due to the special needs of our commercial vehicles, heavy trucks have been no imports of high-end open market, even as imports of passenger cars did not bring in huge profits for multinational corporations. At present, this situation has not changed.
Hard for many years in China, another giant of heavy trucks in Europe?? Volvo to the Chinese market showed cautious optimism. President of Volvo Trucks in China, said Lu Bo days, despite the international financial crisis, but the driving force for China's economic development still exist, with the timely measures taken by the relevant market better than in Europe and the United States. He said that both in good times or bad, both for China Volvo Cooperation Partner support, and will not lay off in China.
As the industry leader in commercial vehicles in Europe, Mercedes-Benz and Volvo is also China's imports of high-end heavy truck market leader, in recent years has annual sales of more than in 1000. Rely on much weaker than the company's own brand dealer network, can achieve such results is not easy, to keep victories is their primary goal. Man speaking for the company, but the adverse economic situation it saw an opportunity. Man Fischer, vice president of China, told reporters that the financial turmoil, China is likely in 2009 a temporary economic downturn. However, the Man for 2010 are optimistic about China's economic situation. On the one hand, the 4 trillion yuan in central government investment projects, traffic, transportation, logistics industry is the key; the other hand, the Chinese yuan to upgrade the user's purchasing power. By expanding dealer network to provide users of financial services and other measures, Mann hopes the Chinese market in 2009 heavy truck sales of more than 500 in 2010, and strive to reach 1,000 units in China imports high-end heavy truck market share from the current 8% to 20%.
China called the world's largest truck market, regardless of existing capacity or growth potential is very attractive. At present, the global economy are shrouded in shadow of financial turmoil, the Chinese market for multinational auto giants significantly increased the importance of the European heavy truck giant too. Although China's own brand of technical level of heavy truck brand products in Europe there is still a gap, but their progress over the years is obvious to all. The industry believes that both the Chinese heavy truck market prospects are also notable features. This feature is changing for the right to speak, the Chinese heavy truck industry has gradually become rules of the game makers. Only able to adapt to the rules of Chinese enterprises to share the fruits of victory.
Related Reading: 2009 debut all the new heavy truck market in China smoke resurgence.
In the global financial crisis, China's heavy truck industry is facing the most strong market impact in history, many users are forced to report truck stop, a sharp decline in market demand, but as the beginning of large-scale infrastructure and fuel tax implementation, some experts predict that 2009 will be the second half of the Chinese heavy truck market is expected to rebound. Then, the face of the current severe situation, how companies can survive the winter; future market rebound when the business first opened, how can the situation? In the face of this issue, China's heavy truck manufacturers have thought they were talking to the product. Recently, the China Heavy Duty Truck, Shaanxi Auto, Fukuda, SAIC Iveco Hongyan, Valin successively announced their new 09 models, can be predicted that in 2009 China's heavy truck market, a war broke out did not smoke.
Friday, January 14, 2011
Groundbreaking on Ivanpah Solar – Fisher Capital Equipment Update
Alabama, Alabama, United States of America (Free-Press-Release.com) November 10, 2010 --
Fisher Capital Equipment Management Update- Bechtel joined BrightSource Energy today in a ceremony to mark the start of construction of the Ivanpah Solar Electric Generating System, a groundbreaking project that will usher in a new era of advanced solar power in the United States.The ceremony was held in California's Mojave Desert next to the Ivanpah site. Avoid online internet scams, get latest updates on Fisher Capital Equipment Management website.
Ian Copeland, president of Bechtel's Renewable Power business, described the significance of Ivanpah for Bechtel and the renewable power industry. California Governor Arnold Schwarzenegger, U.S. Secretary of the Interior Ken Salazar, and other state and local dignitaries also recognized the importance of Ivanpah in the evolution of renewable energy.
ABOUT IVANPAH. Bechtel is partnering with BrightSource Energy on one of the most important projects yet in renewable energy.
The Ivanpah Solar Electric Generating System, in the Mojave Desert northwest of Needles, will be the first large-scale solar thermal project built in California in nearly two decades, and the largest of its kind in the world. It will generate enough electricity to power more than 140,000 homes and will nearly double the amount of commercial solar thermal electricity produced in the United States today.
Bechtel will provide engineering, procurement and construction services for Ivanpah. The company also is an equity investor in the project, underscoring its commitment to fighting climate change through renewable energy.
The complex will consist of three separate plants using use BrightSource Energy’s Luz Power Tower (LPT) technology. It will displace 400,000 tons (363,000 metric tons) of carbon dioxide emissions per year— the equivalent of taking 70,000 cars off the road— while also reducing water use 90 percent by using a closed-loop dry-cooling technology.
The three plants will have a combined capacity of around 400 megawatts of electricity, which BrightSource will provide to PG&E and Southern California Edison. Commencement of construction on the first plant was in October 2010, following permitting review by the California Energy Commission and the Department of Interior’s Bureau of Land Management. The first plant is scheduled to come online in mid-2012.
Bechtel (BEK tl) is the world's No. 1 choice for engineering, construction, and project management.
Our diverse portfolio encompasses energy, transportation, communications, mining, oil and gas, and government services. We currently have projects in dozens of locations worldwide, from Alaska to Australia. No matter how challenging a project or how remote its location, chances are Bechtel can handle it. That's because we bring an unmatched combination of knowledge, skill, experience, and customer commitment to every job.
We have had record revenues for the past five years, and Engineering News-Record (ENR) has named Bechtel the top U.S. construction contractor for 12 straight years.
While we work for governments and commercial customers, our projects have helped grow local economies and improve the quality of life for communities and people around the world. Time and again our work has demonstrated that the only limits on human achievement are those that we place on ourselves.
Privately owned with headquarters in San Francisco, we have offices around the world and 49,000 employees. In 2009, we had revenues of $30.8 billion and booked new work valued at $20.3 billion.
Fisher Capital Equipment Management Update- Bechtel joined BrightSource Energy today in a ceremony to mark the start of construction of the Ivanpah Solar Electric Generating System, a groundbreaking project that will usher in a new era of advanced solar power in the United States.The ceremony was held in California's Mojave Desert next to the Ivanpah site. Avoid online internet scams, get latest updates on Fisher Capital Equipment Management website.
Ian Copeland, president of Bechtel's Renewable Power business, described the significance of Ivanpah for Bechtel and the renewable power industry. California Governor Arnold Schwarzenegger, U.S. Secretary of the Interior Ken Salazar, and other state and local dignitaries also recognized the importance of Ivanpah in the evolution of renewable energy.
ABOUT IVANPAH. Bechtel is partnering with BrightSource Energy on one of the most important projects yet in renewable energy.
The Ivanpah Solar Electric Generating System, in the Mojave Desert northwest of Needles, will be the first large-scale solar thermal project built in California in nearly two decades, and the largest of its kind in the world. It will generate enough electricity to power more than 140,000 homes and will nearly double the amount of commercial solar thermal electricity produced in the United States today.
Bechtel will provide engineering, procurement and construction services for Ivanpah. The company also is an equity investor in the project, underscoring its commitment to fighting climate change through renewable energy.
The complex will consist of three separate plants using use BrightSource Energy’s Luz Power Tower (LPT) technology. It will displace 400,000 tons (363,000 metric tons) of carbon dioxide emissions per year— the equivalent of taking 70,000 cars off the road— while also reducing water use 90 percent by using a closed-loop dry-cooling technology.
The three plants will have a combined capacity of around 400 megawatts of electricity, which BrightSource will provide to PG&E and Southern California Edison. Commencement of construction on the first plant was in October 2010, following permitting review by the California Energy Commission and the Department of Interior’s Bureau of Land Management. The first plant is scheduled to come online in mid-2012.
Bechtel (BEK tl) is the world's No. 1 choice for engineering, construction, and project management.
Our diverse portfolio encompasses energy, transportation, communications, mining, oil and gas, and government services. We currently have projects in dozens of locations worldwide, from Alaska to Australia. No matter how challenging a project or how remote its location, chances are Bechtel can handle it. That's because we bring an unmatched combination of knowledge, skill, experience, and customer commitment to every job.
We have had record revenues for the past five years, and Engineering News-Record (ENR) has named Bechtel the top U.S. construction contractor for 12 straight years.
While we work for governments and commercial customers, our projects have helped grow local economies and improve the quality of life for communities and people around the world. Time and again our work has demonstrated that the only limits on human achievement are those that we place on ourselves.
Privately owned with headquarters in San Francisco, we have offices around the world and 49,000 employees. In 2009, we had revenues of $30.8 billion and booked new work valued at $20.3 billion.
Fisher Capital Equipment Update - Market slams Fisher and Paykel on profit Warning
The share market has come down hard on Fisher & Paykel Appliances - with its shares falling 40 per cent after the company issued a profit warning today.
The whiteware manufacturer's shares, which were worth $2.94 this time last year and worth $1 on Friday, went into free fall and are currently trading at just 60 cents, a 40 cent fall.
Earlier today the company said it expected a net profit of $25 million to $30m, down up to 54 per cent on last year.
Due to the deterioration in the New Zealand dollar, Fisher & Paykel Appliances' total bank debt grew $122 from March last year to $512m at the end of January. It was predicted to be $570m by the end of March.
It is now looking at reviewing its capital structure and alternative sources of capital.
Fisher Capital Equipment Update - Market slams Fisher and Paykel on profit Warning - The market was very concerned the company had to come back with a capital raising, which was unexpected, said Hamilton, Hindin, and Greene director Grant Williamson.
The home appliance market had dropped off in all areas Fisher & Paykel exported to and there did not appear to be too many signs of a turnaround in world housing at the moment, he said.
"I think investors are starting to say; how long is it going to be before conditions change for the company? I think that's the biggest concern."
Williamson said Fisher & Paykel Appliances' wares were sold into most new homes but when very few new homes being built it would have a serious effect on their sales.
A 40 per cent drop in share value was a big hit for the share price to take but that was the general state of the market.
"If any company disappoints the market then the market is very harsh on their share price and we have certainly seen that this morning with Fisher & Paykel Appliances."
The company announced it would not proceed with a capital note issue and was looking an alternative source of capital.
The directors were considering the merits of issuing equity, including to a cornerstone investor.
Williamson said he did not believe a capital notes rising would have been particularly well received.
He did not see any short term bounce in the price until there was clarification around the structure of equity rising. That was expected to be announced in early March.
"At the moment there's still a fair degree of selling in the market place, around the 60c level."- NZPA
The whiteware manufacturer's shares, which were worth $2.94 this time last year and worth $1 on Friday, went into free fall and are currently trading at just 60 cents, a 40 cent fall.
Earlier today the company said it expected a net profit of $25 million to $30m, down up to 54 per cent on last year.
Due to the deterioration in the New Zealand dollar, Fisher & Paykel Appliances' total bank debt grew $122 from March last year to $512m at the end of January. It was predicted to be $570m by the end of March.
It is now looking at reviewing its capital structure and alternative sources of capital.
Fisher Capital Equipment Update - Market slams Fisher and Paykel on profit Warning - The market was very concerned the company had to come back with a capital raising, which was unexpected, said Hamilton, Hindin, and Greene director Grant Williamson.
The home appliance market had dropped off in all areas Fisher & Paykel exported to and there did not appear to be too many signs of a turnaround in world housing at the moment, he said.
"I think investors are starting to say; how long is it going to be before conditions change for the company? I think that's the biggest concern."
Williamson said Fisher & Paykel Appliances' wares were sold into most new homes but when very few new homes being built it would have a serious effect on their sales.
A 40 per cent drop in share value was a big hit for the share price to take but that was the general state of the market.
"If any company disappoints the market then the market is very harsh on their share price and we have certainly seen that this morning with Fisher & Paykel Appliances."
The company announced it would not proceed with a capital note issue and was looking an alternative source of capital.
The directors were considering the merits of issuing equity, including to a cornerstone investor.
Williamson said he did not believe a capital notes rising would have been particularly well received.
He did not see any short term bounce in the price until there was clarification around the structure of equity rising. That was expected to be announced in early March.
"At the moment there's still a fair degree of selling in the market place, around the 60c level."- NZPA
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