wiredinUSA April 2012

INDEX

Spring acquisition

Solar park The Delaware Electric Cooperative has announced plans to build a four megawatt solar park near Georgetown. cooperative meet Delaware’s renewable energy standards that require utilities to generate or purchase 25 percent of their energy from renewable sources by 2025. “The park will feed power directly to the Co-op’s electric The 20-acre park will be capable of powering 500 homes, and will help the The park, which is being developed by SunEdison using solar panels from Motech Americas, has the potential to expand to 40 acres and eight megawatts of power. Derick Botha, vice president of Motech Americas, said in distribution system,” DEC president Bill Andrew said in a statement.

f o r Sus sex

MW Industries Inc, manufacturer of highly engineered specialty springs and fasteners, continues theexpansion of its operations with the acquisition of Pontotoc Spring of Pontotoc Mississippi, a division of Union Spring & Manufacturing Corporation of Monroeville, Pennsylvania. Pontotoc Spring is a manufacturer of aftermarket coil springs. It also manufactures metal stampings for industrial, consumer and automotive applications. Bill Marcum, CEO of MW Industries, commented on the acquisition of Pontotoc Spring, “Pontotoc meets our strategic objective of continuing to identify strong companies that will further build our business. We are excited to add its strong operations, employees and customer base and anticipate expanding Pontotoc’s business as part of MW.” Allen Roye, general manager of Pontotoc Spring, added, “Weareverypleased tobe joiningMW Industries to further build and invest in our operations. As part of MW, we will have additional resources that will allow us to continue providing an unmatched level of customer service and new product offerings for both our existing and new customers.” Last year, MW acquired Economy Spring, a manufacturer of springs and wire forms serving predominantly the medical end-market.

a statement, “DEC is fostering green jobs in Delaware and giving back to the community by supporting the local economy and we are proud to be the provider of choice.” Groundbreaking for the project is expected to be held this spring. Delaware Electric Cooperative is a member-owned electric utility serving 84,000 member-owners in Kent and Sussex counties.

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wiredInUSA - April 2012

wiredInUSA - April 2012

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