Patti Engineering Inc. Named a Mitsubishi Automation Authorized Integrator: Patti Engineering, Inc., a control systems integration company based in Auburn Hills with offices in Massachusetts and Texas has been named an Authorized System Integrator by Mitsubishi Electric Automation Inc. The goal is for both companies to work collaboratively to capture additional market share. Mitsubishi Electric Automation Inc., in Vernon Hills, Ill., offers a comprehensive line of factory automation systems, including automation platforms, programmable logic controllers, human machine interfaces, AC variable frequency drives, servo amplifiers and motors, motion controllers, control software, computerized numerical control systems, and robots. For a broad range of factory automation applications, visit the Mitsubishi Electric Automation web site at www.meau.com. Patti Engineering’s technical expertise in both electrical control and information systems allows customers a focused solution to their need for asset and energy management, distribution of various products, production information, and complex control applications. Founded in 1991, Patti’s systems are used for retail distribution, manufacturing plants, water and theme parks, libraries, law enforcement, military, municipalities, food industry, ice arenas and colleges and universities. More at www.PattiEng.com.
Whirlpool Named to Ocean Tomo 300 Patent Index Again: Benton Harbor-based Whirlpool Corp. (NYSE: WHR) said Wednesday that it had been named to the 2010-11 Ocean Tomo 300 Patent Index, the first equity index based on the value of corporate intellectual property, for the fifth consecutive year. The Index is priced and published by NYSE Euronext. “The Ocean Tomo 300 list validates the value of intellectual capital and innovation,” said Jeff M. Fettig, Whirlpool chairman and CEO. “Our consistent efforts to produce intellectual property that help improve consumers’ homes and lives will help ensure that we continue to deliver positive results for our shareholders.” The Ocean Tomo 300 Patent Index is the first major broad-based market equity to be launched in 35 years, and follows the progression from the Dow Jones Industrial Average in 1896, to Standard & Poor’s 500 in 1957 and then to the Nasdaq Composite Index in 1971. The Index represents 300 companies that own the most valuable patents relative to their book value and will focus investors on intellectual property as a distinct asset class. More at www.whirlpoolcorp.com.
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