United Technologies accord to acquire Sundstrand is part of acquisition plans

Article Abstract:

With the aerospace industry expected to return to growth, United Technologies' acquisition of Sundstrand fits the formula. The first acquisition of this kind for United in many years shows their confidence in the need for power systems for commercial and defense aircraft. United Technologies has spent an average of $1 billion per year on acquisitions of all kinds and intends to continue on this path and at the same rate indefinitely.

Comment:

Company plans acquisitons at the same rate for many years

Diversified Companies, Strategy & planning, Planning, Acquisitions and mergers, United Technologies Corp., UTX

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Shell taps into harsh realities to build warm, fuzzy feelings

Article Abstract:

Shell Oil Co. of Houston spent $50 million on a campaign that included television ads showing safety tips and also 9,000 print brochures aimed at showing the public it cared. Now with gas prices at rock-bottom and continuous layoffs in the industry, Shell has to cut back on the campaign a bit, but it will continue. In fact, it's been so well received that the company will even try to take it world-wide.

Comment:

Company wants to continue showing the public that it cares in spite of cost-cutting needs

Marketing procedures, PETROLEUM AND COAL PRODUCTS, Petroleum, Petroleum and Coal Products Manufacturing, Advertising Activity, Account Activity, Marketing, Petroleum industry, Shell Oil Co.

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Water utility reaches accord on acquisition

Article Abstract:

American Water Works Co. agreed to acquire St. Louis, MO-based National Enterprises Inc. for $485.2 million, as the industry moves further toward consolidation. American Water Works is one of the US' largest water companies, and has been growing steadily. Many smaller companies have been forced to sell out because of increasingly stringent environmental standards which result in higher operating costs.

Comment:

Agreed to acquire St. Louis, MO-based National Enterprises Inc. for $485.2 mil

Asset sales & divestitures, Acquisitions & mergers, Water Supply and Irrigation Systems, Company Planning/Goals, Water Utilities, American Water Works Company Inc., Article, National Enterprises Inc.

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