Business Briefs for the Week of Oct. 4, 2010

Grainger, Carmanah Technologies Corp., Ioxus


Delmar, part of Cengage Learning and a leading provider of learning solutions for ongoing career development and education, recently announced a new distribution agreement with Grainger, North America’s leading broad line supplier of maintenance, repair and operating (MRO) products. Building trades professionals will now be able to purchase Delmar training products and reference materials through Grainger.

Carmanah Technologies Corp.

Carmanah Technologies Corp., a leader in solar LED lighting and power systems for a range of industrial applications, has signed a definitive agreement to acquire all of the outstanding shares of Lightech Electronic Industries Ltd. “With this merger, Carmanah makes an expansion into a complementary and synergistic business” says Rob Cruickshank, chairman of Carmanah.

Ioxus, Inc.

Ioxus, Inc., the only U.S. manufacturer of innovative ultracapacitor technologies for military, transportation, and alternative energy markets, has acquired Advanced Energy Conversion (AEC), which specializes in energy conversion systems using embedded controls, power electronics, and electric machines. Ioxus will incorporate AEC products into its current offerings to deliver the most comprehensive, energy-efficient systems solutions for hybrid electric vehicles (EVs), wind pitch control, and other energy storage applications.

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