Business Briefs for the Week of Feb. 8, 2010

Storm Copper Components, Fluke Corp., Capstone Turbine Corp.

Storm Copper Components

Decatur, Tenn.-based Storm Copper Components, fabricator of copper electrical connectors, will mark the opening of its new production facility by cutting a new doorway to join the additional 18,000 sq ft to its existing manufacturing plant in eastern Tennessee. The new manufacturing space will enable Storm Copper to expand into three new fabrication processes to meet the needs of present and future OEM customers.

Fluke Corp.

Everett, Wash.-based Fluke Corp.,will receive $1.4 million in federal stimulus funding, made possible by the American Recovery and Reinvestment Act, to ensure the Smart Grid is reliable, stable, and ready to accept power from renewable resources including wind and solar. The company was chosen to create a new calibration technology that is a catalyst for creating a standard with which electricity flowing into the Smart Grid will be evaluated.

Capstone Turbine Corp.

Chatsworth, Calif.-based Capstone Turbine Corp., clean technology manufacturer of microturbine energy systems, recently announced it has acquired the TA100 microturbine product line from Calnetix Power Solutions, Inc., Stuart, Fla., and entered into a manufacturing sub-contract agreement and an original equipment manufacturer agreement with selected exclusive rights to package a combined microturbine and waste heat recovery generator product.

Lectrus Corp.

Chattanooga, Tenn.-based Lectrus Corp. has announced the acquisition of D.T.S., Inc.Tea, S.D. The purchase expands Lectrus' sales, engineering, fabrication, and electrical integration capabilities into the upper Midwest, Rocky Mountain, and Western Canadian regions.

Ideal Industries, Inc.

Sycamore, Ill.-based Ideal Industries, Inc., manufacturer of connectors, testers, tools, and supplies, recently announced it signed a definitive agreement to acquire privately held Western Forge, Colorado Springs, Colo.-based manufacturer of pliers, screwdrivers and adjustable wrenches for the professional trades and the general consumer. The company, which will continue to be known as Western Forge, will become a wholly owned subsidiary of Ideal.

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