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ASSA ABLOY acquires Wesko Locks in Canada

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STOCKHOLM, June 25, 2024 /PRNewswire/ — ASSA ABLOY has acquired Wesko Locks Ltd, a Canadian manufacturer and supplier of electronic and specialty locks.

“I am very pleased to welcome Wesko Locks into the ASSA ABLOY Group. This acquisition delivers on our strategy to strengthen our position in mature markets through adding complementary products and solutions to our core business,” says Nico Delvaux, President and CEO of ASSA ABLOY.

“Wesko Locks has an extensive portfolio that complements our current high-security products and solutions,” says Lucas Boselli, Executive Vice President of ASSA ABLOY and Head of the Americas Division. “Their focus on high quality, innovative products and excellent customer service reflects our values and I’m excited for them to be part of ASSA ABLOY.”

Wesko Locks was founded in 1990 and has some 70 employees. The main office and factory are located in Mississauga, close to Toronto, Canada.

Sales for 2023 amounted to about MCAD 22 (approx. MSEK 170) with a strong EBIT margin. The acquisition will be accretive to EPS from the start.

For more information, please contact:
Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82
Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72
Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68

About ASSA ABLOY

The ASSA ABLOY Group is the global leader in access solutions. The Group operates worldwide with 61,000 employees and sales of SEK 141 billion. The Group has leading positions in areas such as efficient door openings, trusted identities and entrance automation. ASSA ABLOY’s innovations enable safe, secure and convenient access to physical and digital places. Every day, we help billions of people experience a more open world.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/assa-abloy/r/assa-abloy-acquires-wesko-locks-in-canada,c4005739

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SOURCE ASSA ABLOY

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TESCO Unveils KCTS-8000X Extended Range: Advanced Transformer Testing System with Traceable Accuracy Down to a 1% Rating Factor

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BRISTOL, Pa., Sept. 23, 2024 /PRNewswire/ — TESCO, a leading provider of utility testing solutions, is proud to introduce its newest product, the KCTS-8000X Current Transformer Testing System. This state-of-the-art system is engineered for traceable accuracy down to a 1% rating factor, setting a new standard for testing transformers with primaries up to 8000 amperes. With its advanced features, the KCTS-8000X offers power utilities unmatched precision, reliability, and efficiency, ensuring that their metering systems remain accurate and compliant.

Addressing Utility Industry Needs

Utility companies rely heavily on accurate transformer testing to ensure precise metering, which directly affects billing and grid stability. Current transformers (CTs) play a crucial role in this process, scaling down high currents so they can be accurately measured. Even minor inaccuracies can lead to incorrect billing, impacting both utility companies and customers.

The KCTS-8000X is designed to solve these issues by offering enhanced testing accuracy for a wide range of current transformers, ensuring that utilities can confidently test transformers and minimize errors. By incorporating advanced features such as electronically compensated burdens and real-time data integration, the KCTS-8000X guarantees precise results with every test.

“We developed the KCTS-8000X in response to the growing demand for more accurate transformer testing in the utility sector,” said Tom Lawton, President & CEO at TESCO. “This system provides the confidence utility companies need to ensure billing accuracy while reducing operational inefficiencies and test errors.”

Key Features of the KCTS-8000X

The KCTS-8000X offers a range of innovative features that set it apart from other transformer testing systems:

Traceable Accuracy Down to a 1% Rating Factor:
The system can test CTs with primaries up to 8000 amps, providing traceable accuracy down to a 1% rating factor. This makes the KCTS-8000X ideal for utilities needing to test a wide range of transformers with high precision, ensuring accurate billing and regulatory compliance.

Electronically Compensated Burdens:
The KCTS-8000X automatically adjusts for impedance and power factor, providing reliable results even at low current levels. These real-time adjustments improve the accuracy and reliability of test results without the need for manual intervention, making the testing process smoother and more efficient.

Real-Time Burden Measurement and Recording:
The system displays and records live burden measurements, ensuring thorough test validation. By capturing real-time data during the test, utilities can maintain comprehensive records, which are essential for audits and compliance reporting.

TESCO Device Manager Integration:
The KCTS-8000X seamlessly integrates with TESCO Device Manager (TDM), allowing for the efficient collection, storage, and analysis of test data. This feature streamlines the workflow and reduces time spent on data management, helping utility labs improve their operational efficiency.

Safety and Error Prevention Features:
The system includes several built-in safety features, such as protective circuitry and a zero-start safety function that prevents accidental test errors. These features ensure that both the testing system and the transformers being tested are protected from damage, reducing downtime and costly repairs.

Motorized Test Current Control with Automatic Rundown:
The KCTS-8000X automates the test current rundown process, improving efficiency and reducing manual effort. This automation allows technicians to focus on the accuracy of the results without being burdened by time-consuming manual adjustments.

Demagnetization of Transformers Prior to Testing:
The system features a transformer demagnetization function, which helps reduce erroneous results by ensuring that transformers are fully demagnetized before testing begins. This feature improves the reliability of the testing process and reduces the likelihood of incorrect readings.

Improving Utility Billing and Grid Reliability

With its unmatched accuracy and comprehensive data integration, the KCTS-8000X is poised to significantly improve billing accuracy and grid reliability for utility companies. The ability to test CTs with traceable accuracy down to a 1% rating factor ensures that even the smallest discrepancies in metering can be detected and corrected. This is crucial in today’s utility industry, where errors in energy measurement can lead to financial losses and customer dissatisfaction.

“The KCTS-8000X gives utilities the confidence to test transformers with greater accuracy, reducing billing errors and improving the overall efficiency of their operations,” said Tom Lawton. “By offering such precise testing capabilities, this system helps utilities ensure the long-term reliability of their grid infrastructure.”

About TESCO

For over 121 years, TESCO has been at the forefront of providing cutting-edge electrical testing and metering solutions to utilities worldwide. Specializing in transformer testing, metering accuracy, and grid reliability, TESCO is committed to delivering innovative products that help power companies optimize their operations and maintain compliance with industry standards. The KCTS-8000X is the latest addition to TESCO’s lineup of reliable, high-performance testing equipment.

For more information about the KCTS-8000X or to schedule a demonstration, please visit

KCTS | TESCO – The Eastern Specialty Company (tescometering.com)

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SOURCE TESCO – The Eastern Specialty Company

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National Center for Charter School Accountability Launches with Analysis of State Charter School Laws

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The National Center for Charter School Accountability provides research and recommendations on increasing transparency and accountability for charter schools.

NEW YORK, Sept. 23, 2024 /PRNewswire/ — The Network for Public Education (NPE) announces a new project, the National Center for Charter School Accountability (NCCSA), to provide research and recommendations on increasing transparency and accountability for charter schools. NPE is the leading organization that advocates revising state charter laws to make charter schools better align with the original vision of charter schools as teacher and parent-led schools of innovation that complement, not compete with, the public school system.

“The charter sector, now saturated with impersonal national chains and for-profit management corporations, has strayed far from the original mission of charter schools. A few states follow that vision; most do not. We regularly receive calls from charter school parents, teachers, and public school advocates raising concerns. The Center will educate the public with facts and provide information on how best to address concerns,” said Carol Burris, the Executive Director of NPE.

The Center includes a searchable database of news stories highlighting problems regarding charter schools. It also provides a portal where parents and taxpayers can submit questions and complaints. It also provides access to nine NPE research reports on charter schools, including reports on charter closures and for-profit-run charter schools.

In addition to research and reports, NCCSA evaluates state laws based on accountability, responsible growth, community input, and protections for students and taxpayers. An interactive map shows the number of open and closed charter schools in each state.

“The Center will grow over time, providing information unavailable on charter trade group sites. One million students have been displaced due to charter closures. In the age of choice, parents and taxpayers deserve the facts,” Burris added.

Commenting on the new project, NPE President Diane Ravitch noted, “NCCSA is a valuable resource for parents, taxpayers, policymakers, and the press who want to be informed about the status of charter schools. Accountability matters, and the Center will provide it via accurate and timely information.”

Access to NCCSA can be found here.

The Network for Public Education is a national advocacy organization with over 350,000 members and 200 grassroots groups. Its mission is to preserve, promote, improve, and strengthen public schools for current and future generations of students.

Contact: Carol Burris
cburris@networkforpubliceducation.org
(646) 678-4477

View original content:https://www.prnewswire.com/news-releases/national-center-for-charter-school-accountability-launches-with-analysis-of-state-charter-school-laws-302256096.html

SOURCE Network for Public Education

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Vermont State Dental Society, University of Detroit Mercy, Sanders, and Welch Announce Historic Effort to Advance Dental Care and Education Across State

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BURLINGTON, Vt., Sept. 23, 2024 /PRNewswire/ — The Vermont State Dental Society (VSDS), University of Detroit Mercy (UDM), Senator Bernie Sanders, and Senator Peter Welch are partnering to bring an innovative Dental Oral Health Education Center to Vermont in Fall 2027. This new dental clinic and education program would bring UDM students to Vermont to complete their final years of training – strengthening the dental care provider pipeline and expanding access to much-needed care across the state.

At a recent press conference, VSDS, UDM, Sanders, and Welch celebrated the program receiving its accreditation from the Commission of Dental Accreditation (CODA) – an essential step in establishing the teaching program in Vermont.

Sanders and Welch are working to secure $4.6 million in federal funding through the FY25 Congressionally Directed Spending process to support this historic initiative. The funding was recently approved by the Appropriations Committee and needs to be passed by the House and the Senate before being signed into law by President Biden.

The tentative location for the new center will be in Chittenden County.

VSDS, a nonprofit professional healthcare organization whose mission is to improve the oral health of Vermonters and to serve the profession of dentistry in the state, is pioneering the new institution with UDM as it brings more than 90 years of experience in educating dentists worldwide.

Beginning in the fall of 2025, this partnership will include two years of foundational and preclinical education at the UDM School of Dentistry Campus in Detroit, followed by two years of clinical and didactic education at a new dental clinic based in Colchester. The Detroit Mercy-Vermont dental program will offer DDS dental education in the state of Vermont, accredited by the Commission of Dental Accreditation (CODA).

University of Detroit Mercy-Vermont will house modern classrooms with on-site clinics to support its clinical education program and serve as a public health Medicaid clinic to provide dental care to qualifying individuals. Extending its reach beyond its Colchester facility, the new dental program will partner with clinical organizations in Vermont to reach areas with a shortage of dental health professionals and underserved populations.

As Vermont’s professional association for dentists, the VSDS works diligently to enhance the oral healthcare environment in the state. With just under 400 members, VSDS includes more than 80% of the state’s practicing dentists. VSDS provides resources, educational information, and support for its members and the public and advocates for public policies and systems to improve oral healthcare for all Vermonters.

University of Detroit Mercy is Michigan’s largest and most comprehensive independent Catholic university, sponsored by the Sisters of Mercy of the Americas and the Society of Jesus (the Jesuits). For more information, please visit www.udmercy.edu.

View original content:https://www.prnewswire.com/news-releases/vermont-state-dental-society-university-of-detroit-mercy-sanders-and-welch-announce-historic-effort-to-advance-dental-care-and-education-across-state-302256126.html

SOURCE University of Detroit Mercy

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