VSC Unveils New Technology, analyzes the Condition of Machinery such as Motors, Pumps, Fans, Turbines, Compressors and Generators. (14409)
Philadelphia, Pennsylvania – VSC unveils their new product called the SV3X. It analyzes the condition of machinery such as motors, pumps, fans, turbines, compressors and generators.

Tier One Assembly Plant Seeing Green with New Technology (14399)
Elk Grove Village, IL Meiji Corporation, supplier of the Miracle Boy ultra-fine oil filtration systems, announced that Michigan Automotive Compressor, Inc. (MACI) in Jackson, Michigan recently purchased several Miracle Boy high performance oil filtration systems. With recent price hikes causing the price of crude oil to exceed $100 per barrel of oil, MACI took a proactive step to reduce their oil expenditures and carbon footprint. Testing started in 2004 and has proven the Miracle Boy filtration system to reduce oil usage in main vacuum pumps for inspection machines and die cast machines by over 92%, resulting in a reduction of global green house gases from 26.4 ton to nearly zero! Mr. Lee Kline, Production Engineer, said that 85% was written off in one year due to savings of materials and labor and that it was a good decision to purchase this system.

TransDigm Announces Completion of the Acquisition of CEF Industries (14395)
CLEVELAND, Ohio TransDigm Group Incorporated (NYSE: TDG) has completed the purchase of the outstanding common stock of CEF Industries ("CEF") for approximately $83 million in cash pursuant to the previously announced Stock Purchase Agreement among TransDigm Inc., CEF and the stockholders of CEF. CEF is located in Addison, Illinois and has been a supplier of proprietary, highly engineered components to the defense and commercial aerospace industries for many years. The company has annual revenue of over $30 million and employs approximately 130 employees.

BorgWarner's Largest Facility in China Produces Fuel Efficient Products in Environmentally Friendly Building (14380)
AUBURN HILLS, Michigan -- Propelled by growing demand in the rapidly expanding Chinese automotive market, BorgWarner Thermal Systems opened a new production facility at its campus in Ningbo, China, where it will produce fans, viscous fan drives, Visctronic(R) fan drives and water pumps. The new 194,000-square-foot (18,000-square-meter) operation is BorgWarner's largest in China, employing 260 people.

Mansfield Pump Maker Takes On Major Facility Upgrade (14366)
The company will spend $58 million for additions that will bring 280 workers from an old downtown site to a newer facility on the north side of town.

Grant Fuels Growth for Power Generation Developer in Anderson (14276)
ANDERSON, Indiana -- I Power Energy Systems LLC, a developer of environmentally friendly electric power generation equipment, announced today it is on path to create more than 100 new jobs following a 2006 award from Indiana's 21st Century Research and Technology Fund.

Parker Extends Precise Medical Seal Capability; Acquires Hi-Tech Group Companies (14262)
CLEVELAND, -- Parker Hannifin Corporation (NYSE:PH), a leader in motion and control technologies, has acquired all of the issued and outstanding shares of the capital stock of HTR Holding Corp. and its subsidiaries, including Hi- Tech Rubber, Inc., Inland Technologies, Inc., Ventrex, Inc. and Accusil, Inc. The acquired companies operate under their own names and under the trade names Hi-Tech Group, A.C. Hoffman Engineering and Infinity Plastics. Terms of the deal were not disclosed. HTR Holding Corp. sales for its fiscal year ended December 31, 2007, on a consolidated basis, were approximately $93 million. The acquisition is expected to be accretive to earnings within its first full year of operations and its sales will be reported as part of Parker's Industrial North America segment.

Parker Acquires Vansco Electronics; Expands Global Ability to Integrate Hydraulics with Electronics to Provide Total Systems Solutions (14254)
CLEVELAND, - Parker Hannifin Corporation (NYSE:PH), a leader in motion and control technologies, has acquired Vansco Electronics, a global leader in the design and manufacture of electronic controls, displays and terminals, communication and operator interfaces, and sensors. Vansco systems for mobile equipment, a primary Parker market, include key applications for agricultural, construction, material handling, bus, RV, and specialty truck equipment. Vansco facilities in Canada, the United States, Finland, Belgium, and the United Kingdom employ 1,005 people. In the fiscal year ending August 31, 2007, Vansco achieved sales of approximately $180 million. Approximately 83 percent of Vansco's sales are made in Parker's Industrial North America reporting segment. This acquisition is expected to be accretive to earnings in its first full year of operations. Terms of the deal were not disclosed.

Kyosan Denso Manufacturing of Mt. Sterling Announces New President (14234)
MT. STERLING, Ky.,-- KYOSAN DENSO MANUFACTURING KENTUCKY, LLC. (KDMK) has announced the appointment of Toshiharu Shikata as president of its facility in Mt. Sterling. Shikata succeeds Shunichiro Hiromasa, who will be returning to Japan.

TransDigm Announces The Acquisition of CEF Industries (14227)
Cleveland, Ohio -- TransDigm Group Incorporated (NYSE:TDG) has entered into an agreement to acquire the outstanding common stock of CEF Industries ("CEF") for approximately $83 million in cash. The acquisition is expected to close during the June 28, 2008 fiscal third quarter. CEF is located in Addison, Illinois and has been a supplier of proprietary, highly engineered components to the defense and commercial aerospace industries for many years. The company has annual revenue of over $30 million and employs approximately 130 employees.