amphenol corp-cl a (APH) Key Developments
Amphenol Corporation Amends and Restates Uncommitted Line of Credit Agreement
Jun 4 14
On May 30, 2014, Amphenol Corporation amended and restated its Uncommitted Line of Credit Agreement among the Company, certain subsidiaries of the Company and Santander Bank, N.A. to increase the borrowing capacity by $100 million, thereby increasing the uncommitted and unsecured credit facility to $200 million. Borrowings under the Credit Agreement are at a spread over LIBOR.
Amphenol Industrial Products Group Unveils Explosion Proof Heavy Duty Connector Series
May 8 14
Amphenol Industrial Products Group announced that it is offering the Amphe-Mine EX, a heavy duty connector series that is explosion proof and certified for use in IECEx Group 1 mining hazardous locations. Based on Amphenol's Star-Line series, the Amphe-Mine EX product line is made up of environmentally sealed plugs and receptacles and provides outstanding performance in harsh environments. Ideal for use in underground mining explosive environments and applications, petrochemical refineries, land and offshore drilling systems, this rugged connector series is certified to the latest IECEx standards including Group 1 mining applications in Australia and ATEX certificate Zone 1 standards. These compact environmental connectors offer exceptional mating properties and come in high grade 316 stainless steel. Their design provides outstanding performance in explosive-proof automatic and process control systems as well as in instrumentation systems. Used in power distribution for underground mining machinery, data transmission and acquisition for underground communication systems and in motors, Amphenol's AmpheMine EX is threaded, flameproof and fabricated to prevent the mixture of explosive gases and the electrical circuits by means of tighter tolerances in mated junctions. The Amphe-Mine EX series offers the industry's broadest range of backshell arrangements and contact inserts for power (up to 1,135 amps at 1,000 V/AC or DC), signal (up to 143 contacts) and mixed power control applications. All contact inserts are interchangeable and reversible to suit specific needs. Solder, crimp and pressure terminals are available. These rugged connectors offer a full range of hardware styles including the use of flameproof rated cable glands. They feature high quality copper contacts with silver plating (gold plating available as an option) as well as a hard anodic coating. Composite inserts for power, control and instrumentation services available. Amphenol's Amphe-Mine EX series features RADSOK technology that offers higher current ratings (up to 25% higher than standard contacts) with lower mating forces as well as high reliability, low contact resistance, high mating cycles and a self-cleaning design.
Amphenol Corporation Approves Dividend for the Second Quarter 2014, Payable on or about July 2, 2014
May 2 14
Amphenol Corporation confirmed that its board of directors approved the second quarter 2014 dividend on its common stock in the amount of $0.20 per share at its meeting held on May 1, 2014. The company will pay this second quarter 2014 dividend on or about July 2, 2014 to shareholders of record as of June 11, 2014.
Amphenol Corporation, Board Meeting, May 01, 2014
May 2 14
Amphenol Corporation, Board Meeting, May 01, 2014. Agenda: To approve the second quarter 2014 dividend on its common stock.
Amphenol Corporation, Annual General Meeting, May 21, 2014
Apr 28 14
Amphenol Corporation, Annual General Meeting, May 21, 2014., at 11:00 US Eastern Standard Time. Location: Corporate Headquarters, Conference Center, 358 Hall Avenue. Agenda: To elect eight directors; to ratify the selection of Deloitte & Touche LLP as independent accountants; to ratify and approve The 2014 Amphenol Executive Incentive Plan; to and approve The First Amended 2009 Stock Purchase and Option Plan for Key Employees of Amphenol and Subsidiaries; to conduct an advisory vote on compensation of named executive officers; and to transact such other business as may properly come before the meeting and any postponements or adjournments thereof.