July 3, 2008 - AREVA’s Transmission and Distribution division announced yesterday the sale of its operations for measurement instruments in T&D Substations, located in Bethlehem, (Pennsylvania, USA), to private buyout firm NovaTech LLC. These operations, employing 40 people in 2007, will operate under Bitronics LLC, a NovaTech affiliate and will serve the US and Western Canadian markets with highperformance instruments for electrical measurements. These instruments will continue being designed and manufactured in Bethlehem, PA, USA. AREVA T&D, the world leader in T&D Substation Intelligent Electronic Devices (IED) also entered into a strategic partnership agreement with NovaTech. AREVA T&D will globally distribute, under the AREVA T&D MiCOM brand, the latest IEDs from Bitronics.
The MiCOM M70 Series, which will be supported and served by AREVA T&D global operations, will focus on Disturbance Recorders, Digital Fault Recorders and Power Quality Recorders applications.
AREVA:
With manufacturing facilities in 43 countries and a sales network in more than 100 countries, AREVA offers customers reliable technological solutions for CO2-free power generation and electricity transmission and distribution. We are the world leader in nuclear power and the only company to cover all industrial activities in this field. Our 65,000 employees are committed to continuous improvement on a daily basis, making sustainable development the focal point of the group’s industrial strategy. AREVA’s businesses help meet the 21st century’s greatest challenges: making energy available to all, protecting the planet, and acting responsibly towards future generations. AREVA's T&D division is an active player around the globe.
It designs, manufactures and supplies a complete range of equipment, systems and services for all stages in the transfer of electricity, from the generator to the large end-user. www.areva-td.com
NovaTech LLC:
NovaTech LLC is a high-performance technology company and a provider of hardware, software and services. NovaTech products are employed in managing electricity distribution and in controlling the production of ethanol, foods, chemicals, beverages, and pharmaceuticals. Headquartered in Quakertown, PA, major NovaTech facilities are located in Owings Mills, MD and Lenexa, KS.
