Conglomerate industry news provided by Financial News USA (OTC: FNWU) Spider Technologies, Inc., a company partly owned by eMax Holdings Corporation (Other OTC:EMXC), launches new ecommerce store to sell direct AI technology products and hosting services and Dr Robot's products. Spider Technologies, Inc. is Dr Robot's first US-based Distributor and Reseller. Products can be found at http://www.spidertechnologies.net/spiderstore/index.php. General Electric-Aviation, an operating unit of General Electric Co. (NYSE: GE), will install $165 million in engines for 12 Airbus A320 aircraft owned by CIT Group, Inc. The order calls for CFM56-5B installed and spare engines, which are produced by CFM International, a joint company of Snecma and General Electric Co. The engines are scheduled for delivery beginning in 2007.
Honeywell (NYSE: HON) recently declared its Offer to acquire the entire issued share capital of First Technology plc wholly unconditional and assumed control of First Technology. First Technology operates globally in three main businesses: Gas Sensing (sensors and instrumentation), Automotive & Special Products, and Safety & Analysis. Honeywell will begin to integrate the Gas Sensing business into Honeywell's Automation and Control Solutions (ACS) business immediately. HighJump Software, a 3M company (NYSE:MMM), a global leader in providing highly adaptable, best-of-breed supply chain execution solutions, recently announced the release of HighJump Labor Advantage. HighJump Software designed its next-generation labor management system to meet the needs of customers with complex labor tracking requirements.
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