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Last updated on April 17, 2014 at 21:23 EDT

Business News Archive - October 17, 2010

HAIFA, Israel, Oct. 17 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. (Nasdaq and TASE: ESLT) ("Elbit Systems") announced today, further to its announcements of June 15, 2009, September 14, 2009 and September 2, 2010, that it completed the acquisition of all the shares of Soltam Systems Ltd.

TEL AVIV, Israel, October 17, 2010 /PRNewswire-FirstCall/ -- Ofra Strauss, Chairperson of Strauss Group, Gadi Lesin, President & CEO of Strauss Group, and Rami Ronen, CEO of Strauss Water, announced today the signing of a partnership agreement between Strauss Water of the Strauss Group and Haier Consumer Goods of the Haier Group, the Chinese home appliances giant, to establish a joint venture in China for drinking water solutions. (Logo: http://www.newscom.com/cgi-bin/prnh/20080826/317650 ) This venture will be owned jointly by Strauss Water 50% and Haier Consumer Goods 50%. The venture will be established at a total initial investment of $20 million, with each party investing $10 million. The new company, which will be named "Haier-Strauss Water" is expected to launch its first products for the Chinese market in 2011. Ofra Strauss, Chairperson of Strauss Group, said today: "This is an exciting day for Strauss Group, which is completing another milestone i

DALLAS, Oct. 17 /PRNewswire/ -- It was a long way to the top, but the Austin/San Angelo-based country rock outfit Bad Rodeo found a way to get there. Last night, the Chevy Dad Bands contest culminated at a State Fair of Texas concert in front of fans, event-goers, and Big Tex himself.

PHOENIX, Oct. 17 /PRNewswire/ -- Meritor WABCO Vehicle Control Systems, today announced the availability of SafetyDirect(TM) at the 2010 American Trucking Association Management Conference and Exhibition.

MILWAUKEE and TOKYO, Oct. 17 /PRNewswire/ -- Hitachi, Ltd. (NYSE: HIT / TSE: 6501) and Johnson Controls, Inc. (NYSE: JCI) today announced they have signed a memorandum of understanding to work together on several fronts in the field of advanced energy storage.

BEIJING, Oct. 17 /PRNewswire-FirstCall/ -- Caterpillar (China) Investment Co., Ltd. (Caterpillar China), a wholly-owned subsidiary of Caterpillar Inc. (NYSE: CAT), and AVIC Liyuan Hydraulics Co., Ltd.

SAN JOSE, Calif., Oct. 18 /PRNewswire/ -- SoloPower, Inc., a California-based manufacturer of flexible, thin film solar cells and modules has become the first solar company to obtain certification to both IEC (61646 and 61730) standards and UL 1703 standards for flexible, thin film CIGS modules.