Association News

NEMA announces 2 new members to associate program.

Press Release Summary:

Apr 13, 2007 - NEMA announces that FedBid and Tiax have joined the associate member program, which is designed to make the organization inclusive and representative of electrical manufacturing and standards community. FedBid, Inc., provides FedBid online procurement services through its buyer-driven online marketplace. Tiax is a technology processing company that invests to transform emerging innovations into technology-enabled business opportunities for clients.

National Electrical Manufacturers Association (NEMA) - Rosslyn, VA

Original Press Release

NEMA Announces Two Members In New Associate Program

Press release date: Apr 03, 2007

(ROSSLYN, VA) - The National Electrical Manufacturers Association (NEMA) today announced that FedBid and Tiax have joined its new associate member program. The program is designed to make the organization more inclusive and representative of the electrical manufacturing and standards community.

"We are honored that these two companies have chosen to join NEMA. As we add associates to our membership," says Gaddis, "we will become a stronger, more diversified association that can better respond to marketplace challenges that lay before us.

FedBid, Inc. provides FedBid online procurement services through its buyer-driven online marketplace, www.fedbid.com/. Today, more than 1,000 procurement professionals at GSA, the Departments of Defense, Homeland Security, and State, and at dozens of other public sector organizations and associated prime contractors use FedBid to procure hundreds of millions of dollars in commodities and simple services.

Tiax is a technology processing company that invests to transform emerging innovations into new technology-enabled business opportunities for clients in the electrical products industry and beyond. The company offers clients a path to organic growth as an alternative to costly mergers ad acquisitions, risky internal development programs, and complex technology licensing arrangements.

NEMA is the trade association of choice for the electrical manufacturing industry. Founded in 1926 and headquartered near Washington, D.C., its approximately 450 member companies manufacture products used in the generation, transmission and distribution, control, and end-use of electricity. These products are used in utility, medical imaging, industrial, commercial, institutional, and residential applications. Domestic production of electrical products sold worldwide exceeds $120 billion. In addition to its headquarters in Rosslyn, Virginia, NEMA also has offices in Beijing, Sao Paulo, and Mexico City.