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Archive Press Release
(Products mentioned in this Archive Press Release may or may not be available from the manufacturer.)
Elster Electricity, LLC Release date: October 23, 2006
Elster, a World Leader in Advanced Metering Technology, Announces Business Alignment in North America Raleigh, North Carolina, U.S.A., October 23, 2006 - Elster announces that it is aligning three of its business units in North America. The North American alignment includes Elster Electricity, AMCO Water Metering Systems, and a new business unit called Elster Integrated Solutions (EIS).
The business alignment results in three separate, but coordinated businesses serving markets in North, Central, and South America. Elster Electricity will continue to focus on providing state-of-the-art metering and metering system technology to electric utilities. AMCO Water Metering Systems will continue to focus on and provide advanced metering products and meter reading solutions to water utilities. The focus of EIS will be in delivering AMR/AMI system solutions across gas, electricity, and water to multi-utility customers. EIS will lead the business transformation of operations technology utilizing information technology and intelligent networks with the existing Elster Electricity and AMCO Water Metering Systems business units. EIS will bring a common vision and integrated plan across gas, electricity, and water.
This alignment enables Elster to increasingly deliver focused AMR and AMI solutions across all utility segments. Mark Munday, CEO and president of Elster Electricity, has been named executive vice president of the electricity and water businesses in North America. Another key appointment in North America is Sharon Allan named president of EIS. AMCO Water Metering Systems continues under the leadership of president Blake Snider.
"This new business alignment enables Elster greater focus and response across all segments of the utility market. This structure is a direct result of discussions with our customers about their plans and needs, and is an important step in aligning Elster with the changing market needs for products, systems, service, and solutions," affirms Mark Munday, Elster Group executive vice president, North America electricity and water.
Blake Snider, president of AMCO Water Metering Systems comments, "I am very excited about our path forward. As the leading global provider of utility metering solutions, Elster Group is well positioned to take full advantage of emerging metering communications opportunities. Our North American alignment will ensure that these opportunities are maximized.
About Elster in North America
Elster consists of two major business units in North America: Elster Gas and Elster Electricity and Water. Elster Gas delivers gas metering solutions to a host of customers across the region and is headquartered in Madison, Ohio. The Elster Electricity and Water business unit serves utilities in these two sectors with operations located in Raleigh, North Carolina and Ocala, Florida. Elster Integrated Solutions, a new business unit in Raleigh, North Carolina, helps utilities improve their revenue cycle services, customer service, delivery reliability and workforce utilization as well as implement demand response and conservation programs. For more information, visit www.elster.com.
About Elster Group
Elster Group (formerly Ruhrgas Industries), is the world's leading manufacturer and supplier of highly accurate, high quality, integrated metering and utilization solutions to the gas, electricity and water industries. In addition, through its subsidiary Ipsen International, it is the leading global manufacturer of high level thermo-chemical treatment equipment.
The group has over 9,000 staff and operations in 37 countries, focused in North and South America, Europe and Asia. Elster's high quality products and systems reflect the wealth of knowledge and experience gained from over 170 years of dedication measuring precious resources and energy. The Elster Group is headquartered in Luxembourg.
For further information contact: Gabrielle Puccio, Director of Corporate Communications, Elster Electricity, 208 South Rogers Lane, Raleigh, NC 27610, 919-250-5413, gabrielle.puccio@us.elster.com |
