The Gorman-Rupp Company (NYSE: GRC) reports financial results for the third quarter ended September 30, 2023. Net sales for the third quarter of 2023 were $167.5 million compared to net sales of $153.8 million for the third quarter of 2022, an increase of 8.9% or $13.7 million. The increase in sales was due to an […]
Xylem Inc. recently reported its third-quarter results. The Company’s total revenue was $2.1 billion, with reported growth of 50 percent and organic growth of 10 percent, surpassing prior guidance, on strong commercial and operational execution and resilient demand. Orders were up 43 percent on a reported basis and up 3 percent organically, while backlog grew […]
German sensor company SICK and Swiss measurement and automation technology specialist Endress+Hauser want to intensify their cooperation. Both companies are aiming for a strategic partnership for SICK’s process automation business segment and have signed a joint memorandum of understanding. By bundling their strengths, the companies are striving to provide even better support for their customers […]
LG Electronics is establishing a research facility in Alaska, USA to accelerate its research and development efforts in the field of heating, ventilation and air conditioning (HVAC). The new research lab comes under the newly formed Consortium for Advanced Heat Pump Research (CAHR), a collaboration between LG and local universities. LG will operate the state-of-the-art […]
Increasing energy prices are a reality for every business, so it is important to identify processes that can help reduce operational costs and cut waste. Industries such as petrochemicals, refineries or fertilizer manufacturing have an opportunity to harness the energy in their processes to create electricity and export it to the local grid using hydraulic […]
Europump (the European Pump Association) is delighted to announce that after a 10-year absence, its Annual Meeting and General Assembly will be returning to the UK next year. This key event for the European pump sector was last staged in the British Isles back in 2014, when it was held in St Andrews, Scotland. Hosted […]
Sales of Freudenberg Sealing Technologies’ Simriz perfluoroelastomeric (FFKM) compounds have more than doubled in North America during the past 24 months. As a result, Freudenberg Sealing Technologies has brought on a second shift of employees to help it fill growing Simriz orders. The company is also installing a new FFKM production cell in its Santa […]
Ebara Corp’s Ebara Pumps Europe SpA (EPE) has reached an agreement with SKF Lubrication Systems Germany GmbH to acquire its coolant pump business Spandau Pumpen. Germany-based Spandau Pumpen makes screw-type and seal-less coolant pumps for machine tools. By taking over the business, Ebara is aiming to enter the global market for machine tools and further […]
The Hydraulic Institute (HI) announces the availability of its two new on-demand training products developed with its educational subsidiary, Pump Systems Matter (PSM). These on-demand training products are designed to support the pump and fluid handling industry with convenient workforce development and onboarding resources. New employees can start with the introductory modules which are broadly […]
GD Energy Products (GDEP) has expanded in Canada with a new fully integrated sales, service, and repair facility in Grande Prairie, Alberta. The new location has more than 11,000 square feet of workspace, including a dedicated pull-through wash bay and two pull-through service bays with a 10-ton crane. The facility will provide immediate access to […]
The pump industry is an enormous industry and plays a critical role in almost every facet of our lives. Water supply, fire protection, oil & gas, power plants, waste water treatment, sump pumps at homes, processing chemicals, foods & pharmaceuticals, and many more.
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