wiredinUSA September 2011

INDEX

Universities to access fiber optic broadband

Lincoln Electric acquires Techalloy

Lincoln Electric Holdings has acquired the welding operation assets of Techalloy Company, Inc and of its parent company, Central Wire Industries Ltd. Known commercially as Techalloy, the Baltimore, Maryland-based manufacturer is a privately-held producer of nickel alloy and stainless steel welding consumables. Central Wire Industries manufactures a wide range of stainless steel wire, nickel alloy and copper alloy wire for use in the manufacturing of springs, fasteners, screens and belts. “The addition of Techalloy expands our product portfolio of high alloy consumables required to service customers in North America and around the world,” said John M Stropki, chairman and CEO. “In particular, Techalloy’s nickel alloy welding consumables are positioned well globally in the high growth energy and infrastructure segments of our business. “We expect growth in these segments to continue worldwide, and believe the Techalloy product line will help expand and deepen our relationships with these key customers.” Techalloy, acquired by Central Wire in 2005, has been manufacturing stainless steel and nickel base welding wires and coated electrodes and select low-alloy wires for over 50 years. The company has annual sales of approximately $70 million and employs 55 people.

Universities in Mississippi are to benefit from a new fiber cable broadband network. Known as Mission, a number of regional institutions, including the University of Mississippi, Mississippi State University and The University of Southern Mississippi, will access the new research network. The broadband infrastructure, owned by US telecommunications group AT&T, is already in place, allowing the institutions to increase broadband capacity twenty-fold and further their research initiatives. “This network will trans- form our universities’

research capabilities and academic competitiveness on a global scale,” Governor Haley Barbour said. “This will have tremendous impact on Mississippi.” Ms Barbour added that, if the universities themselves, it would have cost them an extra $54 million (£32.7 million) to do so. Other state facilities to benefit from the network include Jackson State University, The University of Mississippi Medical Centre, the State Department of Information and Technology, the Army Corps of Engineers and the Stennis Space Centre. have developed the new network

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wiredInUSA - September 2011

wiredInUSA - September 2011

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