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Rockwell Automation, Inc., Milwaukee, WI, has agreed to acquire Xi’An Hengsheng Science &Technology Company Limited, a privately held engineering firm. Xi’An Hengsheng Science &Technology delivers automation solutions to the electrical power and other heavy process industries in China.
 
The company conducts much of its business in the fast-growing regions of middle and western China with an installed base of about 300 customers.
 
Rockwell Automation, Inc. is a global provider of industrial automation power, control and information solutions. The company is in more than 80 countries.
 
In China, Rockwell Automation has more than 1,600 employees serving customers from 26 sales offices (including Hong Kong and Taiwan). Rockwell Automation China has …

The subsidiary of Kaman Corp., Bloomfield, CT, Kaman Industrial Technologies Corp., has acquired Industrial Rubber and Mechanics, Inc. of Puerto Rico. INRUMEC will become part of Kaman’s industrial distribution segment. INRUMEC is a distributor of fluid power products; industrial and hydraulic hoses; belting and conveyer systems; pipe, tube, fittings and valves; and packaging machinery to such diverse markets as food, beverage, pharmaceutical, cement and aggregate. The company is also a manufacturer of hydraulic hose assemblies for the same end markets. More
Valley National Gases, LLC, Independence, OH, has agreed to acquire General Welding Supply, Martins Ferry, OH, and its affiliates. Valley …

Software provider Activant Solutions Inc. has announced that two executives have joined the company in newly-created executive vice president roles. Kevin Roach will lead Activant’s Wholesale Distribution group out of Yardley, PA, and Paul Salsgiver will head up the Hardlines and Lumber group in from Livermore, CA.
 
Both executives bring strong experience leading and growing Global 1000 companies as well as deep understanding of the vertical software industry.
 
Before joining Activant, Roach was the president of Rockwell Software, a division of Rockwell Automation Inc.
 
Before joining Activant, Salsgiver served as CEO for technology industry start-ups Compassoft, Inc. and Aspectrics, Inc. Before this, he was CEO of HigherMarkets, Inc. and Rubric, …

Rockwell Automation, Inc., Milwaukee, WI, announced a restructuring plan to better align resources with growth opportunities and reduce costs in light of current and anticipated market conditions.”
 
The plan is expected to generate costs savings of $75 million in fiscal 2009, growing to $85 million in 2010.
 
“These actions are consistent with the cost management approach we outlined in July. Although fourth quarter revenue is in line with expectations, we believe it is prudent to take steps to address our cost structure while continuing to invest to maintain our competitive differentiation and further strengthen our global presence,” said Keith D. Nosbusch, CEO.
 
Restructuring includes: streamlining administrative and operations functions, realigning …

Rockwell Automation, Inc., Milwaukee, WI, has agreed to buy Incuity Software, Inc., Mission Viejo, CA, a supplier of Enterprise Manufacturing Intelligence software.
 
Incuity Software has more than 45,000 seats of its products installed in more than 40 countries in 13 languages. The Incuity Software management team and their employees will become part of Rockwell Automation’s Architecture &Software operating segment.
 
As the demand for Enterprise Manufacturing Intelligence rapidly grows, this acquisition supports our commitment to expand the FactoryTalk software suite and enhance our plantwide information strategy to meet customers’evolving needs,”said Steve Eisenbrown, senior vice president of the company’s Architecture &Software segment.
 
Rockwell …

Rexel, global distributor of electrical supplies, has made Chris Hartmann the CEO of IESC, the holding company of Rexel’s U.S. activities, effective Jan. 21.
 
He takes over from Dick Waterman, who is retiring but will stay on as an advisor to Rexel and will serve as chairman of the National Association of Electrical Distributors.
 
Hartmann will oversee the coordination between Gexpro and Rexel Inc, the Group’s two commercial banners in the U.S.
 
Since 2006, Chris Hartmann has served as executive vice president and Chief Operating Office of Thomas &Betts, a manufacturer of electrical products, and president of the manufacturer’s electrical division from 2003-2006.
 
He was president &COO of Affiliated Distributors, and held several management …

Hagemeyer and Rexel have entered exclusive negotiations aimed at finalizing an agreement under which Rexel would make an all-cash offer of & euro; 4.85 per share, approximately & euro; 3.1 billion in total, or US$4.5 billion. Under the agreement, Hagemeyer’s Management and Supervisory Boards would recommend Hagemeyer accept this offer. The offer is up from Rexel’s original bid of & euro; 4.60, which had valued the company at US$4.3 billion Rexel’s agreement with Sonepar will stand to sell Sonepar the American, Asian-Pacific and select European activities of Hagemeyer. More

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Rockwell Automation, Inc., Milwaukee, WI, reported full year 2007 sales of $5 billion, up 10% from 2006. Foreign currency translation added 3 percentage points and acquisitions added 1 percentage point to the growth rate.

Profit was $1.48 billion, which includes an after-tax gain of $868.2 million related to the Power Systems divestiture. Excluding this and other one-time charges, profit was $597 million for the year.

Sales in the fourth quarter 2007 were $1.37 billion, up 15% from the prior-year period. Organic growth was 8%. Profit was $165.2 million, slightly down from the same period a year ago.

Control Products & Solutions fourth quarter sales were $801 million, an increase of 20 percent compared to sales of $667.4 million in the fourth quarter of …

Electrical distributor McNaughton-McKay Electric Co., Detroit, MI, has acquired S+S GmbH and S & D GmbH in Wegberg, Germany, the largest Rockwell Automation distributor in Germany. S+S/S & D will operate under the name of Mc-Mc GmbH, McNaughton-McKay’s German subsidiary.
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McNaughton-McKay says the acquisition was made in response to customer feedback.” It says it wanted to find “a European source for providing technical and logistical support for an increasingly complex supply chain.”
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S+S/S & D has annual revenues of $15 million.&nbsp ; They have sales locations throughout central and southern Germany.&nbsp ; The S+S/S & D operation serves production equipment OEMs that ship their finished Smachines to U.S.-based companies.
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McNaughton-McKay …

Rockwell Collins, Inc., Cedar Rapids, IA, reported profit for the fiscal year ended Sept. 30, 2007, of $585 million, an increase of 23% over fiscal year 2006. Fiscal year 2007 revenues increased 14%, to $4.42 billion. Organic revenue growth was 13%.
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For the fiscal year 2007 fourth quarter, profit increased 13% to $156 million. Revenues increased $165 million, or 16%, to $1.23 billion from revenues of $1.06 billion last year.
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Government Systems
Government Systems, which provides defense communications and defense electronics systems, products and services, including subsystems, displays, navigation equipment and simulation systems, to the U.S. Department of Defense, other government agencies, civil agencies, defense contractors and foreign …

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