A British company will supply the cockpit seats for the new 787 Dreamliner. The Boeing Co. on Monday named Ipeco Group as the supplier. Ipeco has supplied the seats for every Boeing commercial airplane since 1985.
Amazon.com buys on-demand printer
Amazon.com Inc. has acquired a publishing company that prints books when they’re ordered rather than relying on warehouses stocked with titles, the online retailer said Monday. BookSurge LLC, based in Charleston, S.C., offers an inventory-free book fulfillment network to publishers and authors, and has a wholesale service for retailers, wholesalers and distributors. Terms of the deal were not disclosed.
Unova sells off Ohio machine group
Everett-based Unova Inc. said Monday it has completed the $60 million sale of Cincinnati Lamb Group to Maxcor Inc. of New York. Cincinnati Lamb, with plants in Kentucky and elsewhere, builds automated machines that assemble vehicles, airplane parts and other large products. Unova is shedding its industrial division to concentrate on its local Intermec Technologies division.
Microsoft promises to meet EU demands
Microsoft Corp. says it will meet most demands by European Union regulators on making software blueprints available to competitors, including lowering licensing fees, but is seeking further talks on some issues. The EU was notified in a letter. EU spokesman Jonathan Todd said Monday the EU was “studying it carefully.”
SonoSite customers happy with products
SonoSite Inc. of Bothell said a company-commissioned survey found a 97 percent overall satisfaction rating among its U.S. customers. The survey, done by Verispan, also reported that four out of five who use SonoSite’s portable ultrasound machines believe that the images are at least equal to other products.
T-bill rates fall in Monday auction
The Treasury Department auctioned three-month bills at a discount rate of 2.735 percent, down from 2.78 percent last week. Six-month bills were auctioned at a discount rate of 3.035 percent, down from 3.09 percent last week. The rates understate the actual return to investors – 2.792 percent for three-month bills with a $10,000 bill selling for $9,930.87 and 3.125 percent for a six-month bill selling for $9,846.56. The Federal Reserve also said Monday that the average yield for one-year Treasury bills, a popular index for changing adjustable rate mortgages, remained the same as last week, 3.38 percent.
From Herald staff and news reports
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