Schneider Electric Recalls About 1.6 Mln Electrical Panels

RTTNews | 1590 hari yang lalu
Schneider Electric Recalls About 1.6 Mln Electrical Panels

(RTTNews) - Schneider Electric USA Inc. is recalling about 1.6 million units of Electrical Panels for potential risk of thermal burn and fire hazards, a statement by the U.S. Consumer Product Safety Commission (CPSC) showed. These included about 289,000 units sold in Canada.

The company said the load center can overheat to pose thermal burn and fire hazards. It has received one report of an incident of a loose wire. However, no injuries or fires have been reported involving the recalled product.

The recall involves 70 types of indoor, outdoor and original equipment manufacturer (OEM) Square D QO Plug-on-Neutral Load Centers, also known as, Load Centers, Breaker Boxes, Electrical Panels, that were installed in homes, recreational vehicles, or commercial establishments, including restaurants, manufacturing facilities and warehouses, commercial lighting and others.

The circuit breaker boxes were sold in gray and come in various sizes (square and rectangular). The recalled circuit breaker boxes were manufactured between February 2020 and January 2022, with date codes between 200561 and 220233. Circuit breaker boxes with covers that were manufactured between December 2019 and March 2022 are also included in this recall.

The recalled electrical panels were manufactured in the U.S. by Lexington, Kentucky-based Schneider Electric USA Inc.

The electrical panels were sold at authorized Schneider Electric distributors and home improvement and hardware stores nationwide and online including Home Depot, Lowe's, and Menard's from February 2020 through January 2022 for between $90 and $1,660.

The company has advised all purchasers, installers and consumers to immediately contact Schneider Electric to arrange to have the recalled load centers inspected by trained electricians to determine if replacement or repair is required. This inspection and any resulting replacement or repair is free of charge.

The company added that consumers should contact Schneider Electric for a free repair or replacement for uninstalled products. They can find the catalog number and date code on indoor load centers inside the door of the panel.

The company warned consumers who continue to use the load centers while awaiting the free repair to have working smoke alarms in their homes.

baca selengkapnya
Canadian Market Remains Weak Despite Coming Off Early Lows

Canadian Market Remains Weak Despite Coming Off Early Lows

The Canadian stock market's benchmark S&P/TSX Composite Index remains firmly down in negative territory Friday afternoon despite regaining a significant portion of the ground it lost in early trades. Concerns about inflation and prospects of interest rate hikes amid elevated oil prices following the latest Houthi attacks on Saudi targets weigh on sentiment.
RTTNews | 13 jam 46 menit yang lalu
Swiss Market Ends Moderately Lower

Swiss Market Ends Moderately Lower

After edging up a bit at the start, the Swiss market retreated and stayed in negative territory throughout the session on Friday. Worries about inflation and possible monetary tightening by several global central banks rendered the mood cautious.
RTTNews | 14 jam 16 menit yang lalu
European Stocks Close Lower On Earnings, Weak Economic Data

European Stocks Close Lower On Earnings, Weak Economic Data

The major European markets closed lower on Friday as largely weak regional PMI data, and concerns about inflation and monetary tightening amid continued rise in oil prices hurt sentiment. France's debt woes and uncertainty about returns on AI-related investments weighed as well.
RTTNews | 14 jam 38 menit yang lalu
U.S. Consumer Sentiment Deteriorates Far Less Than Previously Estimated In October

U.S. Consumer Sentiment Deteriorates Far Less Than Previously Estimated In October

The University of Michigan released a report on Friday showing consumer sentiment in the U.S. deteriorated by far less than previously estimated in the month of October. The report said the University of Michigan's consumer sentiment index for October was upwardly revised to 48.0 from a preliminary reading of 46.3.
RTTNews | 17 jam 42 menit yang lalu
Bay Street Look Headed For Weak Start

Bay Street Look Headed For Weak Start

Canadian stocks are likely to open on a weak note on Friday amid concerns about inflation and prospects of interest rate hikes by the Canadian and U.S. central banks. Oil prices are up sharply, while precious metals are notably lower. Canadian retail sales data, and quarterly earnings updates, as well as U.S. PMI reports are set to make a notable impact on price movements.
RTTNews | 20 jam 1 menit yang lalu
Eurozone Private Sector Growth At 4-Month Low

Eurozone Private Sector Growth At 4-Month Low

The euro area private sector softened to a four-month low in October as activity in France shifted back into contraction amid tightening financial conditions and rising political pressures, flash purchasing managers' survey data from S&P Global revealed Friday. The composite output index fell to 51.9 in October from 53.1 in the previous month, falling below the economist forecast of 52.7.
RTTNews | 20 jam 18 menit yang lalu
FTSE 100 Falls 0.5% On Weak Retail Sales, Consumer Confidence Data

FTSE 100 Falls 0.5% On Weak Retail Sales, Consumer Confidence Data

The FTSE 100 declined 52.73 points to 10,672.32 Friday as weak retail sales, declining consumer confidence, and Middle East tensions offset private sector expansion. Retail sales fell 0.4% in September versus forecasts of 0.1%, while consumer sentiment hit its sharpest pandemic-era drop.
RTTNews | 20 jam 21 menit yang lalu