Calgon Carbon Corporation provides services, products, and solutions for purifying water, air, food, beverage, and industrial process streams in the United States and internationally. The company operates through three segments: Activated Carbon and Service, Equipment, and Consumer.
Ohio Third Frontier Program Awards $1.35 MM to Calgon Carbon to Develop Carbon for Energy Storage
Calgon Carbon Corporation (NYSE:CCC) announced that the Ohio Third Frontier has awarded the company a $1.35-million grant from its Energy Program for the development and commercialization of advanced activated carbons for energy storage. The project will focus on developing a domestic source of activated carbons for a broad range of ultracapacitor storage applications.
The immediate goal of the project is to develop and manufacture the first domestic source of activated carbon specifically designed for the ultracapacitor energy storage industry. Production of the activated carbon at Calgon Carbon�s facility in Columbus, Ohio will address dependence on overseas manufacturers and help to avoid supply disruptions.
Calgon Carbon�s longer-term goal is to develop advanced activated carbons for ultracapacitor storage that are both technically and economically superior to the products available today. The global market for ultracapacitors is expected to increase from more than $300 million in 2011 to over $1 billion in 2015.
The Ohio Third Frontier is a bipartisan economic development initiative that provides funding for technology areas that represent Ohio�s key competitive opportunities. Calgon Carbon will collaborate on this project with several Ohio-based organizations � Case Western Reserve University, JME, Inc., and Novolyte Technologies � as well as Maxwell Technologies, the world�s leading developer and manufacturer of energy storage and power delivery solutions.
Commenting on the announcement, John Stanik, Calgon Carbon�s president and chief executive officer, said, �By investing in this project, the Ohio Third Frontier has provided us the opportunity to continue and accelerate Calgon Carbon�s own efforts to increase participation in the growing ultracapacitor market. With the collaboration of a team comprised of leaders in the energy storage industry, I am confident that we will accomplish our technical and commercial objectives while creating economic development benefits for the citizens of Ohio.�
For more information about Calgon Carbon�s leading activated carbon and ultraviolet technology solutions for municipalities and industries, visit www.calgoncarbon.com.
GreenHouse Holdings, Inc. (GRHU)
GreenHouse Holdings, Inc. is a leading provider of energy efficiency and sustainable facilities solutions. The company designs, engineers and installs disparate products and technologies that enable its clients to reduce their energy costs and carbon footprint.
Target markets for GreenHouse’s energy efficiency solutions include residential, commercial and industrial, as well as government and military markets. In addition, the company develops designs and constructs rapidly deployable, sustainable facilities primarily for use in disaster relief and security in austere regions.
A ‘carbon footprint’ measures the total greenhouse gas emissions caused directly and indirectly by a person, organisation, event or product.
The term “carbon footprint” refers to the amount of carbon (C02) we emit individually in any one-year period. C02 is produced from many sources and is the primary gas responsible for Global warming and the resulting alarming changes in our climate. Nearly everything we do in our modern society requires energy. This energy is generated primarily by burning fossil fuels. From all sources, the average American is responsible for approximately 19-21 tons of carbon emissions annually.
It is important for us all to think in terms of first reducing our emissions of C02. As one begins this process, it soon becomes evident that there is no way we can currently reduce our emissions of green house gases to zero. Every single aspect of our economy from manufacturing to transportation, and agriculture to health care is dependent on fossil fuel derived energy and resources.
GreenHouse Holdings, Inc recently announced a partnership with Seychelle Environmental Technologies, Inc. together, the companies will offer a variety of innovative water filtration and conservation technologies to the Department of Defense.
According to GreenHouse Holdings, their two companies complement each other well with a host of products that promote both portability and sustainability and remain relevant to the national interest.
Under the terms of the agreement, GreenHouse has been chosen by Seychelle to be its exclusive distributor on Department of Defense RFP’s for which water filtration products are applicable. This will allow GreenHouse to expand its menu of sustainable products and allow Seychelle to benefit from GreenHouse’s extensive relationships with high-ranking DOD officials and department heads.
GreenHouse is a past performance government contractor supplying the US military with a wide range of products from rapidly deployable and ballistically protected buildings to sustainable, environmentally safe targeting systems and live fire training facilities. Effective and portable water filtration is another important step toward a rapidly equipped mobile military.
For more information about GreenHouse Holdings, Inc. Visit its website: www.greenhouseintl.com
Visteon Corp. (NYSE:VC) announced first-quarter 2011 results, reporting net income of $39 million, or $0.75 per diluted share, on product sales of $1.97 billion, compared with net income of $233 million on product sales of $1.85 billion for the first quarter of 2010. Net income of $233 million for first quarter 2010 included a $237 million net gain related to the termination of company-paid medical, prescription drug and life insurance coverage benefits under certain U.S. other post-retirement employee benefit (OPEB) plans. Adjusted EBITDA, as defined below, for first quarter 2011 was $159 million, compared with $161 million in first quarter 2010.
Visteon Corporation supplies automotive systems, modules, and components to automotive original equipment manufacturers, as well as to other suppliers and assemblers worldwide.
Brookdale Senior Living Inc. (NYSE:BKD) reported financial and operating results for the first quarter of 2011. Bill Sheriff, Brookdale’s CEO, said, “Our first quarter results were in line with our expectations. Despite bad weather, higher than normal resident attrition, a poor housing market, and federal budget uncertainty, we increased CFFO by 13.5% versus last year’s first quarter. Our same community senior housing revenue per unit growth increased to 3.5% and outpatient therapy and home health revenue grew by 16%. We continue to be comfortable with our projection metrics for the year with growth in revenue of 5% to 5.5% and expenses of 4% to 4.5%, such that CFFO per share will be in the $2.30 to $2.40 range.”
Brookdale Senior Living Inc. owns and operates senior living communities in the United States.
Barnes Group Inc. (NYSE:B) has declared a quarterly cash dividend of 8 cents ($0.08) per share. The dividend will be payable June 10, 2011 to shareholders of record at the close of business on May 31, 2011. Barnes Group Inc. and its predecessor companies have paid a cash dividend to stockholders on a continuous basis since 1934. Barnes Group Inc. (NYSE:B - News) is a diversified global manufacturer and logistical services company focused on providing precision component manufacturing and operating service support. Founded in 1857, more than 4,800 dedicated employees at more than 60 locations worldwide are committed to achieving consistent and sustainable profitable growth. For more information, visit www.BGInc.com.
Barnes Group Inc. operates as an international logistical services company, and aerospace and industrial components manufacturer in the United States, Brazil, Canada, China, Germany, Korea, Mexico, Singapore, Sweden, Switzerland, Thailand, and the United Kingdom.
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