Xantrex acquisitions changing inverter market

Article Abstract:

Burnaby, British Columbia (BC)-based advanced power electronics and controls provider Xantrex Technology Inc has become a major player in the advance power conversion market and the marine electronics industry. This is because it united four companies that collectively control the recreational and light commercial DC-to-AC inverter market in a series of strategic mergers and acquisitions between Oct 1999 and Mar 2000. It first acquired Burnaby, BC-based Statpower Technologies Inc, then subsequently merged with Arlington, WA-based Trace Holdings. Thereafter, Xantrex acquired Seattle, WA-based Heart Interface Corp and Cruising Equipment Co.

Asset sales & divestitures, Acquisitions & mergers, Power, Distribution, and Specialty Transformer Manufacturing, British Columbia, Power Inverters, Electric inverters, Power converters, Cruising Equipment Co., Heart Interface Corp., Statpower Technologies Inc., Trace Holdings

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NMTA picks a promoter as president

Article Abstract:

The 800-member, Seattle, WA-based Northwest Marine Trade Assn (NMTA) has appointed veteran show producer Michael Campbell as its president. NMTA produces the Seattle Boat Show each winter and the Boats Afloat show each summer. Mitchell will be responsible for ensuring that the NMTA and its shows transit to a more superior performing level. NMTA Board of Trustees Chmn Larry Carpenter described Campbell as a high-profile, well-respected leader who is an expert in the events business and one of the Northwest Pacific's best promoters.

Business Associations, Trade Associations

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Wash. state lifts hull-cleaning ban

Article Abstract:

Washington has released an advisory which revises an earlier ruling that had prohibited commercial divers from doing in-water hull cleaning. The strict hull-cleaning guidelines were meant to reduce the amount of paint and other toxins discharged at marinas and to, subsequently, prevent the negative impact of antifouling paints on marine life. The ban remains enforced for vessels on which antifouling paint has been used.

Government regulation, All Other Support Services, Commercial Diving Services

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