TAYLOR ENERGY

Nobeltec, Taylor Marine Announce Partnership

Nobeltec is pleased to announce a new partnership with Taylor Marine of Australia. As of October 1, 2011, Taylor Marine, also known as JN Taylor & Co. Ltd., will act as Nobeltec’s exclusive distributor of all Nobeltec products sold to dealers and end users in Australia. “It is with great enthusiasm that Nobeltec and JN Taylor enter into this partnership,” Nobeltec General Manager Bill Washburn said. “I know that our relationship with Taylor Marine will enhance Australian dealers’ and customers’ experiences with Nobeltec products.” Taylor Marine will provide Australian customers and Nobeltec dealers with strong, local technical support for Nobeltec PC-based navigation software including TimeZero Trident, Admiral and VNS. Support will also extend to Nobeltec’s line of radars and accessories.  Nobeltec software and data products will be shipped to Australian customers from Taylor Marine’s facilities, improving delivery time and reducing cost for dealers and end users. Taylor Marine will maintain current pricing for existing Nobeltec dealers while continuing to build relationships with Nobeltec dealers in Australia.

U.S. Rep. Taylor: Navy Budget Insufficient

WASHINGTON, DC – After reviewing the President’s defense budget and hearing testimony from the Secretary of the Navy on Thursday, Congressman Gene Taylor (D-MS) expressed his concern about the number of ships funded under the FY06 defense budget request. “The Navy’s request for reductions in several important shipbuilding programs will leave the United States short of the fleet size needed to meet existing security requirements,” Taylor said.

Taylor Reacts to DD(X) Decision

The Department of Defense announced that they would back off a previously announced Navy proposal to conduct a winner-take-all competition between shipyards for the construction of the next generation destroyer DD(X). According to the President's fiscal year 2006 budget, Northrop Grumman Ship Systems in Pascagoula, Mississippi, was scheduled to build the first three DD(X) destroyers, with Maine's General Dynamics Bath Iron Works shipyard building two additional ships

Taylor Made Environmental Opens New U.K. Facility

Taylor Made Environmental has opened a new facility in Poole to provide sales and technical support throughout Europe for the company's marine air conditioning, refrigeration and battery charger product lines. According to Trevor Goldsmith, managing director of Taylor Made Environmental, Europe, Ltd, the new facility includes a 5,000 sq. ft. warehouse, which is being stocked with over $1.7 million in inventory,and 2,000 sq. ft. of office space.

Tidewater Reorganizes Management

Tidewater Inc. announced that, effective immediately, Cliffe F. Laborde, Larry T. Rigdon and Dean E. Taylor have been promoted to the level of Executive Vice President. Each will report directly to William C. O'Malley, Chairman, President and Chief Executive Officer. Cliffe F. Laborde will continue as General Counsel of the company. His responsibilities will also include Corporate Administration, Information Technology, Employee Benefits, Insurance and Human Resource Management

Tidewater CEO Taylor to Retire

Tidewater Inc. (NYSE:TDW) announced today that Dean Taylor, its President and CEO since March 2002, will retire as an executive officer of the company effective May 31, 2012, after a 34-year career with Tidewater. Mr. Taylor will remain on the Board of Directors, and serve as Tidewater’s non-executive Chairman of the Board.  Jeffrey M. Platt will become Tidewater’s new President and CEO effective June 1, 2012

Transportation Savings of St. Lawrence Seaway Minimal

John Taylor has spent months analyzing traffic flows on the Great Lakes and St. Lawrence Seaway to measure the economic benefits. The associate professor of marketing at Grand Valley State University said he was surprised by what he found. "The transportation savings associated with the Seaway's overseas trade are about $55 million annually," said Taylor. "It's not a very big number; I thought it would be a bit more than this."

Taylor Pledges Hearing on Navy Boat Barriers

U.S. Congressman Gene Taylor, Chairman of the Seapower and Expeditionary Forces Subcommittee, informed the United States Navy that he will hold a hearing to investigate alleged problems and potential wrongdoing in the procurement of Navy boat barriers. "Today's front-page Washington Post story suggesting widespread waste, disregard of federal procurement rules and possible wrongdoing in the Navy's purchase of ship force protection barriers presents a shocking picture of abuse," said Taylor

First Shipbuilding Caucus "A Huge Success"

Congressman Gene Taylor (D-MS) and Congresswoman Jo Ann Davis (R-VA) convened the first meeting of the Congressional Shipbuilding Caucus today. Chief of Naval Operations, Admiral Vern Clark, was the first guest speaker at the closed session. In comments during the Caucus meeting, Taylor expressed his worry that the current 290-ship fleet is well-below the Navy’s recommended requirements. "If enacted, the proposed FY06 Navy shipbuilding budget doesn’t fix the situation

Taylor Promoted to President of Tidewater

Tidewater (NYSE: TDW) announced today that Dean E. Taylor, age 53, has been promoted to President He has also been appointed to the Tidewater Board of Directors. Taylor was previously executive vice president with operating responsibilities for Latin America, West Africa and the North Sea. He replaces William C. O'Malley, age 64, who retains the positions of Chief Executive Officer and Chairman. It is expected that Taylor will become Chief Executive Officer in March 2002