Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Exide Technologies Opens New Global Technology Center

Abstract:
Exide Technologies, (NASDAQ: XIDE, www.exide.com), a global leader in stored electrical-energy solutions, today opens its new Global Technology Center at the Company's Milton, Georgia world headquarters.

Exide Technologies Opens New Global Technology Center

Milton, GA | Posted on January 27th, 2010

The 20,000 square-foot technology center, an important part of the Company's Global Research, Development and Engineering (Global RD&E) organization, is one of three new or upgraded engineering centers dedicated to development of various forms of stored energy. Exide's two other laboratories are located in Azuqueca, Spain and Büdingen, Germany.

The new technology center includes analytical, electronics and prototype battery laboratories, world-class instrument rooms as well as a garage for hybrid electric vehicle (HEV) product development - an environment that enables advanced R&D surrounding emerging applications for stored electrical energy. In addition, the facility is designed with a number of environmentally-advanced technologies that enhance the Company's green profile. These include energy-efficient lighting, solar panels on the roof and a wastewater recycling system.

In addition to building and enhancing its R&D centers, the Company has added 60 science and engineering professionals - 40 positions in Milton alone - in design, process engineering, metals, carbons, ceramics and polymers and other disciplines.

"Exide is dedicating our new Global Technology Center at a pivotal time in our Company's history," said E.J. O'Leary, President and Chief Operating Officer of Exide Technologies. "Now, more than ever, global demand is increasing for innovative technologies designed to meet complex and environmentally-sound energy storage needs."

Global Research, Development and Engineering at Exide Technologies

The Exide Global RD&E organization is dedicated to utilizing battery chemistries, including lead-acid, lithium ion and technologies across applications to maximize performance and accelerate the global growth of new products across multiple product lines and businesses. Specifically the organization is focused on engineering and product development in emerging renewable energy (solar and wind) with large storage applications as well as the development of batteries for HEV applications.

In lead-acid chemistry alone, Exide is exploring many areas, including improvements to Exide's spiral-wound technology and lead-carbon hybrid batteries; alternative electrode compositions, structures, substrates; and improvements to gel technology for solar power energy storage.

Exide announced last summer that it was awarded $34.3 million in federal funding under the American Recovery and Reinvestment Act of 2009 for its proposal for the domestic manufacture of affordable lead-acid batteries incorporating advanced carbon technology. Exide's project involves two of its global technologies: a spiral wound absorbed glass mat (AGM) design and a flat plate AGM design.

"With this new facility and our external relationships, the Global Research, Development and Engineering organization at Exide Technologies is making important strides and exploring some exciting new dimensions - developing new materials, products and processes to build a solid technology foundation and infrastructure for the future," said Dr. Paul Cheeseman, Vice President, Global Engineering and Research of Exide Technologies. "Our team is working on the advancement of multiple technologies - those that may enable breakthrough products or significant new product platforms - for implementation during the next two to five years."

Technology Partnerships

Exide has entered a number of Technology Partnerships to advance RD&E initiatives and provide opportunities to improve the competitiveness of its product portfolio for transportation, network power and motive power applications. The partnerships include:

* Axion Power International, Inc., a developer of advanced batteries and energy storage products that incorporate patented lead-carbon battery technology (PbC Technology™). This collaboration provides a multi-dimensional structure of expertise that fuels Exide's ability to expedite the development of advanced lead-acid batteries and new chemistries for use in product development, broadening opportunities in transportation channels.

* The U.S. Department of Energy's Savannah River National Laboratory (SRNL) and the University of Idaho. The alliance will help develop and commercialize improvements on lead-acid battery technology. The laboratory's scientists have recently developed unique glass microsphere technology now being considered and developed for a variety of commercial uses, including battery additives to enhance performance.

* Nano-Terra, Inc., a leading surface engineering and nanotechnology co-development company. Nano-Terra will use its expertise in surface chemistry and surface engineering to create a number of innovative functionalities for stored energy solutions manufactured by Exide for motive power, network power and transportation applications.

"The Milton Global Technology Center, along with our other technology centers, mark a milestone in the 122-year history of Exide Technologies," said Gordon Ulsh, Chief Executive Officer of Exide Technologies. "Our renewed emphasis on R&D, new partnership initiatives and innovative products already on the market are preparing Exide to meeting the future as a strong, competitive provider of stored electrical energy technologies for a 21st century world that is increasingly mobile, energy-hungry and environmentally-sensitive."

Forward-Looking Statements
Except for historical information, this press release may be deemed to contain "forward-looking" statements. The Company desires to avail itself of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 (the "Act") and is including this cautionary statement for the express purpose of availing itself of the protection afforded by the Act.

Examples of forward-looking statements include, but are not limited to (a) projections of revenues, cost of raw materials, income or loss, earnings or loss per share, capital expenditures, growth prospects, dividends, the effect of currency translations, capital structure, and other financial items, (b) statements of plans and objectives of the Company or its management or Board of Directors, including the introduction of new products, or estimates or predictions of actions by customers, suppliers, competitors or regulating authorities, (c) statements of future economic performance, and (d) statements of assumptions, such as the prevailing weather conditions in the Company's market areas, underlying other statements and statements about the Company or its business.

Factors that could cause actual results to differ materially from these forward looking statements include, but are not limited to, the following general factors such as: (i) the Company's ability to implement and fund based on current liquidity business strategies and restructuring plans, (ii) unseasonable weather (warm winters and cool summers) which adversely affects demand for automotive and some industrial batteries, (iii) the Company's substantial debt and debt service requirements which may restrict the Company's operational and financial flexibility, as well as imposing significant interest and financing costs, (iv) the litigation proceedings to which the Company is subject, the results of which could have a material adverse effect on the Company and its business, (v) the realization of the tax benefits of the Company's net operating loss carry forwards, which is dependent upon future taxable income, (vi) the fact that lead, a major constituent in most of the Company's products, experiences significant fluctuations in market price and is a hazardous material that may give rise to costly environmental and safety claims, (vii) competitiveness of the battery markets in the Americas and Europe, (viii) risks involved in foreign operations such as disruption of markets, changes in import and export laws, currency restrictions, currency exchange rate fluctuations and possible terrorist attacks against U.S. interests, (ix) general economic conditions, (x) the ability to acquire goods and services and/or fulfill labor needs at budgeted costs, (xi) the Company's reliance on a single supplier for its polyethylene battery separators, (xii) the Company's ability to successfully pass along increased material costs to its customers, (xiii) the loss of one or more of the Company's major customers for its industrial or transportation products, (xiv) recently adopted U.S. lead emissions standards and the implementation of such standards by applicable states, and (xv) the ability of the Company's customers to pay for products and services in light of liquidity constraints resulting from global economic conditions and restrictive credit markets, and (xvi) those risk factors described in the Company's fiscal 2009 Form 10-K filed on June 4, 2009 and the Company's Quarterly Report on Form 10-Q for the period ended September 30, 2009.

The Company cautions each reader of this report to carefully consider those factors set forth above. Such factors have, in some instances, affected and in the future could affect the ability of the Company to achieve its projected results and may cause actual results to differ materially from those expressed herein.

####

About Exide Technologies
Exide Technologies, with operations in more than 80 countries, is one of the world's largest producers and recyclers of lead-acid batteries. The Company's four global business groups -- Transportation Americas, Transportation Europe and Rest of World, Industrial Energy Americas and Industrial Energy Europe and Rest of World -- provide a comprehensive range of stored electrical energy products and services for industrial and transportation applications.

Transportation markets include original-equipment and aftermarket automotive, heavy-duty truck, agricultural and marine applications, and new technologies for hybrid vehicles and automotive applications. Industrial markets include network power applications such as telecommunications systems, electric utilities, railroads, photovoltaic (solar-power related) and uninterruptible power supply (UPS), and motive-power applications including lift trucks, mining and other commercial vehicles.

Further information about Exide, including its financial results, are available at www.exide.com.

For more information, please click here

Contacts:
MEDIA CONTACTS:
Jeannine Addams
Kristin Wohlleben
J. Addams & Partners, Inc.
404/231-1132 phone



INVESTOR CONTACT:
Carol Knies
Senior Director of Investor Relations
Exide Technologies
678/566-9316 phone

Copyright © Exide Technologies

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

New qubit now works without breaks: A universal design for superconducting qubits has been created April 19th, 2018

Observing biological nanotransporters: Chemistry April 19th, 2018

Grand Opening of UC Irvine Materials Research Institute (IMRI) to Spotlight JEOL Center for Nanoscale Solutions: Renowned Materials Scientists to Present at the 1st International Symposium on Advanced Microscopy and Spectroscopy (ISAMS) April 18th, 2018

Salt boosts creation of 2-D materials: Rice University scientists show how salt lowers reaction temperatures to make novel materials April 18th, 2018

Openings/New facilities/Groundbreaking/Expansion

Aculon Expands NanoProof® Product Line for Electronics Waterproofing Technology: With growing market opportunities Aculon Launches NanoProof® 8 with Push Through Connectivity™ and NanoProof® DAB a syringe application May 30th, 2017

GLOBALFOUNDRIES and Chengdu Partner to Expand FD-SOI Ecosystem in China: More than $100M investment to establish a center of excellence for FDXTM FD-SOI design May 23rd, 2017

GLOBALFOUNDRIES Expands to Meet Worldwide Customer Demand: Company invests for capacity growth in the United States, Germany, China and Singapore February 10th, 2017

Portable superconductivity systems for small motors: Cambridge University lab achieves a breakthrough for portable superconductivity systems that are applicable for small motors, health care and other uses February 8th, 2017

Announcements

New qubit now works without breaks: A universal design for superconducting qubits has been created April 19th, 2018

Observing biological nanotransporters: Chemistry April 19th, 2018

Grand Opening of UC Irvine Materials Research Institute (IMRI) to Spotlight JEOL Center for Nanoscale Solutions: Renowned Materials Scientists to Present at the 1st International Symposium on Advanced Microscopy and Spectroscopy (ISAMS) April 18th, 2018

Salt boosts creation of 2-D materials: Rice University scientists show how salt lowers reaction temperatures to make novel materials April 18th, 2018

Energy

Psst! A whispering gallery for light boosts solar cells April 14th, 2018

High efficiency solar power conversion allowed by a novel composite material: A composite thin film developed at INRS improves significantly solar cells' power conversion efficiency April 10th, 2018

Light 'relaxes' crystal to boost solar cell efficiency: Rice, Los Alamos discovery advances case for perovskite-based solar cells April 6th, 2018

Double perovskites in environmentally friendly solar cells: Long electron-hole diffusion length in high-quality lead-free double perovskite films April 6th, 2018

Automotive/Transportation

HTA to Present European Strategy for Competitive Micro- and Nanotechnologies & Smart Systems: Special Event in Brussels on April 24 Gathers Research Institutes’ CEOs, European Commissioners and Key European Industrials April 17th, 2018

CAP-XX Develops Industry’s First 3 Volt Thin Prismatic Supercapacitors: Provides peak power support to 3V coin cell batteries and eliminates need for 2.7V LDO regulator for less expensive, smaller, more energy-efficient designs with extended battery life April 11th, 2018

Mapping battery materials with atomic precision: Berkeley Lab researchers map the atoms of battery materials and explored how composition affects structure March 8th, 2018

GLOBALFOUNDRIES Strengthens 22FDX® eMRAM Platform with eVaderis’ Ultra-low Power MCU Reference Design: Co-developed technology solution enables significant power and die size reductions for IoT and wearable products February 27th, 2018

Battery Technology/Capacitors/Generators/Piezoelectrics/Thermoelectrics/Energy storage

Ultra-powerful batteries made safer, more efficient: Team aims to curb formation of harmful crystal-like masses in lithium metal batteries April 12th, 2018

CAP-XX Develops Industry’s First 3 Volt Thin Prismatic Supercapacitors: Provides peak power support to 3V coin cell batteries and eliminates need for 2.7V LDO regulator for less expensive, smaller, more energy-efficient designs with extended battery life April 11th, 2018

A new way to find better battery materials: Design principles could point to better electrolytes for next-generation lithium batteries March 29th, 2018

Graphene oxide nanosheets could help bring lithium-metal batteries to market March 23rd, 2018

Alliances/Trade associations/Partnerships/Distributorships

New era in high field superconducting magnets – opening new frontiers in science, nanotechnology and materials discovery January 9th, 2018

Leti Field Trials Demonstrate New Multicarrier Waveform for Rural, Maritime Broadband Radio: Field Trial in Orkney Islands Used New Filtered Multicarrier Waveform at 700MHz Band with Flexible Bandwidth Usage (Fragmented and Continuous Spectrum) December 18th, 2017

A new product to help combat mouldy walls, thanks to technology developed at the ICN2 December 14th, 2017

JPK Instruments announce partnership with Swiss company, Cytosurge AG. The partnership makes Cytosurge’s FluidFM® technology available on the JPK NanoWizard® AFM platform December 8th, 2017

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project