Tag: New Jersey

Transformer explosion in New Jersey

Manchester police were able to catch a transformer exploding and electrical wires falling to the ground right on dash cam video while on patrol.

Jinpan International shareholders approve merger agreement

USA, New Jersey: Cast resin transformer manufacturer Jinpan International Limited has announced that the company's shareholders voted in favour of the proposal to authorize and approve the previously announced merger agreement among the company, FNOF E&M Investment Limited and Silkwings Limited.

Schaffner Group restructures to form new power entity

USA, Virginia & New Jersey: The Schaffner Group, provider of electronic systems solutions and engineered low and medium voltage transformer, has announced a new sales structure in North America with a new entity Schaffner North America, Power Solutions.

Transformer manufacturer enters into a merger agreement

USA, New Jersey: Jinpan International Limited, a manufacturer of cast resin transformers, has announced that it has entered into a merger agreement with FNOF E&M Investment Limited and Silkwings Limited, a wholly owned subsidiary of FNOF E&M Investment Limited, according to PR Newswire.

Atlantic City Electric undertakes $70M equipment upgrade

USA, New Jersey: Atlantic City Electric (ACE) is undertaking a $70 million equipment upgrade at the Peermont substation on Seven Mile Island, with construction and demolition taking place at the same time.

Chinese transformer manufacturer to consider takeover proposal

USA, New Jersey: Jinpan International Limited, Chinese manufacturer and distributor of cast resin transformers, has announced that its Board of Directors has established a special Independent Committee to consider the preliminary, non-binding proposal letter received on September 15, 2015.

Chinese transformer manufacturer receives non-binding takeover bid

USA, New Jersey: Jinpan International Limited, a Chinese manufacturer of cast resin transformers, has announced reception of a preliminary bid from its CEO Li Zhiyuan, and Forebright Smart Connection Technology Limited for the acquisition of the outstanding common shares of the company.

Pioneer Power Solutions acquires Pacific Power Systems Integration

USA, New Jersey: Pioneer Power Solutions, Inc. a Fort Lee-based manufacturer of liquid-filled and dry-type transformers, has announced that its Pioneer CEP subsidiary had acquired substantially all of the assets of Pacific Power Systems Integration, Inc.

JCP&L installs 120-ton transformer at West Amwell substation

USA, New Jersey: Jersey Central Power & Light (JCP&L) has completed a $10 million substation expansion project in West Amwell Township, which will benefit 75,000 customers in Hunterdon County and the Hopewell Township area of Mercer County, New Jersey.

Transformer explosion causes fire at New Brunswick post office

USA, New Jersey: A transformer explosion on Monday caused fire that ripped through the main post office in New Brunswick, New Jersey. Authorities confirmed that the transformer blew up underground, outside the post office on the Kirkpatrick Street, reports CBS New York.

JCP&L invests $36M in Wharton substation expansion

USA, New Jersey: Jersey Central Power & Light (JCP&L) is expanding a substation in Wharton to accommodate new voltage-regulating equipment designed to help reinforce the electric system and enhance service reliability for customers, according to the company statement.

JCP&L to spend $13M on substation upgrades

USA, New Jersey: A FirstEnergy Company Jersey Central Power & Light (JCP&L) plans to spend a total of $267 million in 2015 on electrical and transmission system enhancement projects in its New Jersey service area.