Daily Archives: March 1, 2016

Precision Aviation Group Company – Aviation Controls, Inc. (ACI) announces Name Change

ATLANTA, Feb. 29, 2016 /PRNewswire — Atlanta-based Precision Aviation Group (PAG), a leading provider of products and value-added services to the Worldwide Aerospace and Defense industries, announces Independence, Kansas based Aviation Controls, Inc. (ACI) has changed the company name to Precision Aviation Controls (PAC). The change was made to identify the business as a member of the Precision Aviation Group of companies, and to better reflect the expanding capabilities of PAC.

PAG acquired PAC in July 2014.  Initially, PAC was primarily a Honeywell Authorized MRO Services provider of Fuel Accessories for Military and Rotary Wing Markets with capabilities in the RR250, LTS101, and J85 engine platforms. PAG has invested heavily in the business, developing additional capabilities in an effort to provide additional capabilities to PAG’s broad range of Commercial, Military and Turbine General Aviation services for Fixed and Rotary-Wing aircraft.

“Over the past 20 months, we have made significant capital investments in inventory and capabilities expansion to enhance PAC’s suite of Fuel Accessory related MRO services. The new services include Fuel Pumps, Flow Dividers, and Fixed Wing capabilities,” said David Mast, President and CEO of PAG. “These investments have given both PAC and the other Precision Aviation Group companies the ability to enhance and expand the services provided to our customers.”

Jim Robertson, PAC President concurs, stating, “Being acquired by PAG has allowed us to leverage product and service development to meet the needs of our customers and reach a larger customer base. The decision to change the name now allows us to align our customer focused marketing, advertising, and branding with the other PAG companies around the globe.”

Precision Aviation Group, Inc. Logo.

Logo – http://photos.prnewswire.com/prnh/20140730/131516

About Precision Aviation Group (PAG)

Precision Aviation Group (PAG) is a leading provider of products and value-added services to the worldwide aerospace and defense industry. With 10 locations and more than 250,000-square-feet of sales and service facilities in the United States, Canada, Australia and Brazil, PAG uses its distinct business units and customer-focused business model to serve aviation customers through two business functions – Aviation Supply Chain and its trademarked Inventory Supported Maintenance, Repair and Overhaul (ISMRO®) services.

PAG provides MRO and Supply Chain Solutions for Fixed and Rotary-wing aircraft through: Precision Heliparts – PHP (www.heliparts.com); Precision Aviation Services – PAS (www.precisionaviationservices.com); Precision Accessories & Instruments – PAI (www.precisionaccessories.com); Precision Heliparts Canada – PHP-C (www.heliparts.ca); Precision Accessories & Instruments Canada – PAI-C (www.precisionaccessories.ca); PHP-Instruments & Accessories – PHP-IA (www.heliparts.la); Precision Heliparts – Brazil (www.precisionaviationgroup.com/php-br) Precision Aero Technology –PAT (www.precisionaerotechnology.com), Precision Heliparts – Australia – PHP-AU (www.precisionheliparts.com.au), Precision Accessories & Instruments – Australia (PAI-AU) (www.precisionaccessories.com.au) and Aviation Controls, Inc. – ACI (www.aviationcontrolsinc.com). PAG subsidiaries have MRO capabilities on over 35,000 products, including accessories, avionics, engine components, hydraulics, instruments, NDT, starter/generators, and wheels/brakes (www.precisionaviationgroup.com).

Risen Energy annonce ses résultats de l’exercice fiscal 2015

NINGBO, Chine, 29 février 2016 /PRNewswire — Risen Energy Co., Ltd, société anonyme organisée en vertu des lois de la République populaire de Chine, cotée sur le marché boursier de Shenzhen, de Tier 1 et de notation de la dette « AAA », est un fabricant intégré de produits photovoltaïques hautement performants et un prestataire de solutions complètes pour les entreprises, et elle a publié aujourd’hui son rapport annuel pour l’exercice qui s’est clos le 31 décembre 2015.

Grandes lignes financières et d’exploitation de l’exercice fiscal 2015

  • Un chiffre d’affaires de 5,26 milliards RMB, soit une hausse de 78 % par rapport à 2014
  • Un bénéfice net de 320 millions RMB, soit une hausse de 382 % par rapport à 2014
  • Les expéditions grimpent à 1 246 MWc (Mégawatt-crête) en termes de modules photovoltaïques et à 547 MWc en termes d’installations de projets EPC (ingénierie, approvisionnement et gestion de la construction), BOT (construction, exploitation, transfert) et BT (construction, transfert).

L’entreprise continue à démontrer que sa trajectoire de gestion financière prudente est désormais synonyme d’avantages financiers sans équivoque pour les partenaires stratégiques, les propriétaires de projets EPC, les propres projets de l’entreprise et pour un marché au comptant minimum à l’échelle internationale. Les structures régionales de vente et de soutien à la clientèle, déjà mises en place ou en plein développement, garantissent aux utilisateurs finaux la mise á disposition complète de solutions technico-commerciales.

L’infrastructure ultramoderne de fabrication hautement automatisée, qui a produit des cellules et des modules pour une capacité de 2 600 MWc à la fin 2015, verra sa capacité augmenter à 3 100 MWc pendant l’année 2016.

Les investissements en R & D se traduisent par des cellules photovoltaïques 19 % plus efficaces pour le polycristallin et 20 % plus efficaces pour le monocristallin, ainsi que par des modules photovoltaïques ayant le plus faible coefficient de température de puissance de toute l’industrie.

Le portefeuille diversifié et porteur de produits et services du groupe Risen englobe d’autres segments et secteurs, notamment le 2e plus grand producteur d’éthylène-acétate de vinyle (EVA) commercialisé sous la marque Sveck, les solutions d’éclairage LED sous la marque Twinsell, les services financiers sous la marque Sunallies, un cabinet international d’immobilier, et l’organisation de services EPC. Cela garantit que la sensibilité financière de Risen est étendue et n’est pas soumise aux caprices des marchés individuels. Ainsi, l’effet net de la viabilité à long terme est un atout indéniable pour les clients et pour leurs besoins d’entretien à long terme.

L’année qui commence s’annonce véritablement remarquable, car l’entreprise va continuer à profiter de sa génération de trésorerie pour se développer. Les prévisions pour le premier trimestre 2016, qui parlent d’un bénéfice net oscillant entre 160 et 170 millions RMB, illustrent parfaitement et réitèrent que la croissance est gérée en vertu d’un objectif principal : la durabilité à long terme.

À propos de Risen Energy Co., Ltd

Risen Energy Co., Ltd est une importante entreprise mondiale, de Tier 1 et de notation de la dette « AAA », qui fabrique des produits photovoltaïques très performants et offre des solutions complètes d’entreprise pour la production d’électricité à l’échelle résidentielle, commerciale et des services publics. Fondée en 2002, l’entreprise est cotée en bourse depuis 2010 et stimule la création de valeur pour ses clients internationaux privilégiés. L’innovation technico-commerciale, étayée par une qualité et un soutien à toute épreuve, englobe les solutions photovoltaïques complètes d’entreprise de Risen Energy qui sont parmi les plus puissantes et les plus rentables du marché. Grâce à notre présence à l’échelle locale et notre solide bancabilité, nous nous engageons et sommes capables de bâtir des collaborations stratégiques et mutuellement bénéfiques avec nos partenaires, alors que nous tirons conjointement parti de la valeur montante de l’énergie verte.

DROUGHT LEAVES SOUTH AFRICA’S AGRICULTURAL SECTOR ON VERGE OF COLLAPSE

By Lucas Mothibedi

RUSTENBURG, SOUTH AFRICA, Deputy Minister of Agriculture Bheki Cele has appealed to all agricultural communities to work together as a unit in order to survive the current unprecedented dry, hot conditions being experienced in large parts of the country.

Cele has admitted that the government is now running out of options to mitigate the effects of the current prolonged drought conditions which have left South Africa’s agricultural sector almost at the brink of collapse.

Cele was responding mONDAY to concerns raised by organized farmers in Welgeval near Rustenburg in North West Province where he was visiting to assess the damage and losses.

Disgruntled farmers made it clear that the 1.0 billion Rand (about 62 million US dollars) temporary relief fund made available by the government was not enough to save the ailing agricultural sector.

After assessing the extent of damage, Cele provided a temporary intervention programme, in the form of tinkered water, refurbished boreholes, garden tools and food parcels, to the most affected.

SOURCE: SABC

Hawks bust drug syndicate in Eldorado Park, Potch

The Hawks have arrested seven people that are suspected to be a syndicate that manufactures and distributes drugs in Eldorado Park and Ikageng in Potchefstroom.

Five of the suspects were arrested Eldorado Park, south of Johannesburg, on Monday morning, while two were arrested in Potchefstroom.

“The suspects, six men and one woman, were nabbed during an early morning raid in the two townships. The Hawks have been monitoring the dealings of the seven suspects for a while and transactions worth over R350 000 have been validated,” Hawks spokesperson Lieutenant Robert Netshiunda said on Tuesday.

One of the suspects is out on parole for another drug-related case. During the raid, mandrax worth R6 000 was confiscated.

The suspects, aged between 19 and 50, will appear before the Eldorado Park and Potchefstroom Magistrate’s Courts today on charges of dealing in drugs.

Eldorado Park residents have been complaining for years about drug dealers. This prompted government, led by President Jacob Zuma, to visit the area to listen to their concerns. Response teams were deployed in the area to root out dealers and reduce drug related crimes.

Meanwhile, a 22-year-old woman travelling on a Norwegian-issued passport, has been remanded in custody after appearing in the Kempton Park Magistrate’s Court for dealing in drugs.

The woman, Najmo Abokar Ibrahim, was arrested on Friday as she was about to board a Zurich-bound flight after she was found in possession of 17kg of Khat. Her case has been postponed to 22 April 2016 for further investigation.

She is the second person to have been arrested at OR Tambo International Airport this month.

Her arrest follows that of British national Graeme John Richards, 50, who was arrested by members of the Border Policing Unit of the SAPS after he was found in possession of Cat weighing 26kg.

SOURCE: SOUTH AFRICAN GOVERNMENT NEWS AGENCY