Square D Expands Integrated Equipment Solutions
Palatine, Ill. – The flexibility and convenience of integrated electrical equipment is increasing with the expansion of the Integrated Power Center 2 (IPC2) offering of solutions from Square D Integrated Power and Control Solutions (IPaCS). The expansion includes Automatic Transfer Switch sections up to 400A and an increase in transformer sizes up to 300kVA, providing solutions that are ideally suited for many commercial, retail and industrial applications. Front- and rear-aligned 36-in.-deep IPC2 Transformer Combo enclosures are also new, providing space for larger transformers, resulting in cost- and floor-space-savings opportunities beyond the 24-in.-deep enclosures already available.
IPC2 Automatic Transfer Switch sections are used to transfer power between grid and generator sources when standby power capabilities are required. Sections are 24-in. wide by 24-in. deep and may be combined with panels, individually mounted circuit breakers, or equipment spaces for third-party components such as lighting-control or building-automation systems.
The expansion includes enhancements to the IPC2 Transformer Combo offer as well. A 24-in.-wide by 24-in.-deep IPC2 Transformer Combo section that allows up to a 45kVA three-phase transformer with a cell above it for a single panelboard provides a more efficient use of space. Additionally, 42- and 48-in.-wide by 36-in.-deep IPC2 Transformer Combo sections with 225kVA and 300kVA three-phase transformers, respectively, also are available for projects requiring greater power.
Walgreen’s 4Q Drops
CHICAGO One of the nation’s biggest drug store chain operators announced that its fourth-quarter profit dropped nearly 4%, according to Monday’s reports.
Walgreens explained that because of lower reimbursements for popular generic drugs and increased store and staff costs, their net income tumbled.
According to the company’s earnings report, total expenses increased by more than 11% to $12.8 billion, which chairman Jeffrey Rein said was out of line with reimbursements the company received. Prescription sales accounted for nearly two-thirds of the company’s business.
“Managing both expenses and lower reimbursements on some generic drugs is my top priority,” he said in a company release. “We’re going to fix this, and at the same time continue our aggressive growth plan.”
While company’s revenues rose more than 10% to $13.4 billion from $12.2 billion, its net income slipped to $396.5 million, compared to $412.3 million earnings at the same time last year.
For the year, the company said that its earnings increased by to $2.04 billion ($2.03 per share), compared with $1.75 billion ($1.72 per share).
Jonathan Adler creates giftware line for B&N
NEW YORK Barnes & Noble is teaming up with ceramist Jonathan Adler for a new collection this fall.
According to reports, the line will launch in 400 stores on Oct. 20, and will include items such as an umbrella, mug and a vase made exclusively for Barnes & Noble. The collection will range in price from $5.95 and $29.95.