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Latest Newton, Iowa Stories

2010-08-25 13:30:00

FALL RIVER, Mass., Aug. 25 /PRNewswire/ -- TPI Composites, Inc., a leading global supplier of wind turbine blades, today announced plans to open a wind blade innovation center in Fall River, Massachusetts that will support TPI's manufacturing facilities around the world. The Fall River plant will serve as a center for development of advanced blade manufacturing technology and a launching pad for new wind blade products. The facility will also offer limited production capacity for land...

2009-01-22 06:00:00

SCOTTSDALE, Ariz. and PALM SPRINGS, Calif., Jan. 22 /PRNewswire/ -- TPI Composites, Inc., a leading supplier of high-technology wind turbine blades to Mitsubishi Power Systems and GE (NYSE: GE), announced today it has received $20 million from GE's investment arm, Landmark Growth Capital Partners, NGP Energy Technology Partners and Angeleno Group to support its growth. The Series B funding, announced at TPI's headquarters in Scottsdale and at the 5th Annual Clean-Tech Investor Summit in Palm...

2008-09-16 15:00:33

SCOTTSDALE, Ariz. and NEWTON, Iowa, Sept. 16 /PRNewswire/ -- TPI Composites, a leading provider of blades to the wind energy movement, held the grand opening ceremony of its 316,000-square-foot Newton production facility. The newly-built plant will manufacture high-performance wind turbine blades for distribution to the U.S. wind energy market. At full capacity, TPI Iowa plans to employ 500 associates, making it a significant provider of "green" jobs, which will have a major economic impact...

2005-07-18 13:33:15

By Karen Jacobs ATLANTA (Reuters) - Appliance maker Maytag Corp. on Monday said it would weigh a higher, unsolicited takeover offer from its larger rival Whirlpool Corp. , even though it had agreed to be acquired by a group led by Ripplewood Holdings LLC. Maytag's shares soared more than 13 percent, or $2.08, to $17.53 in afternoon New York Stock Exchange trading, while Whirlpool gained nearly 5 percent. Whirlpool on Sunday offered to buy Maytag, the maker of Hoover vacuum cleaners and...

2005-07-18 04:10:56

By Karen Jacobs ATLANTA (Reuters) - U.S. appliance maker Whirlpool Corp. on Sunday proposed to buy smaller rival Maytag Corp. for more than $1.3 billion, topping an existing buyout offer for the maker of Hoover vacuums and possibly sparking a bidding war. The Whirlpool offer of $17 a share beats a $14-a-share bid by an investor group led by New York private equity firm Ripplewood Holdings and represents a 10 percent premium over Maytag's closing stock price of $15.45 on Friday. The...

2005-07-17 22:35:24

By Karen Jacobs ATLANTA (Reuters) - U.S. appliance maker Whirlpool Corp. on Sunday proposed to buy smaller rival Maytag Corp. for more than $1.3 billion, topping an existing buyout offer for the maker of Hoover vacuums and possibly sparking a bidding war. The Whirlpool offer of $17 a share beats a $14 a share bid by an investor group led by New York private equity firm Ripplewood Holdings. The offer represents a 10 percent premium over Maytag's closing stock price of $15.45 on Friday....


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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