Pentair plc today announced fourth quarter 2023 sales of $985 million. Sales were down 2 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales declined 2 percent in the fourth quarter. Fourth quarter 2023 earnings per diluted share from continuing operations (EPS) were $1.25 compared to […]
In December 2023, WILO SE successfully secured the largest financing package in its over 150-year company history. A promissory note loan (Schuldscheindarlehen) totalling 270 million euros was placed in the international capital market and a syndicated loan totalling 300 million euros was refinanced among the core banks. WILO SE was thus able to mobilise a […]
GEA Group Aktiengesellschaft will be included in the Dow Jones Sustainability World Index (DJSI World) for the first time. As of December 18, 2023, GEA is the only German company to be newly added to the DJSI World. GEA will also remain a member of the DJSI Europe for the second consecutive year. Inclusion in […]
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 […]
In collaboration with Tehnik Optima Pompa, this move will help meet the growing demand for large-scale submersible deep-well pumps in the region Semarang, Indonesia, 8 June: Grundfos, a global leader in advanced pump solutions and sustainable water technologies, announced the opening of its SP Sub Factory in Semarang, Indonesia. The Grundfos SP units are submersible […]
Brazil’s largest producer of ethanol from sugarcane waste is making significant investments. Razen has selected Sulzer as a key technology supplier for the construction of 20 second-generation processing facilities over the next seven years. Ethanol produced from crop waste fermentation has become the world’s most widely used and important biofuel. It is now common practice […]
The call for entries for the AHR Expo (International Air-Conditioning, Heating, and Refrigerating Exposition) 2024 Innovation Awards is now open. Entries will be accepted until July 25, 2023. The annual competition seeks to honour the most innovative and original products, systems, and technologies to be featured on the floor of Chicago’s McCormick Place on January […]
Applications for the Grundfos Global Graduate Programme are now being accepted in Denmark, China, India, and the United States!🌎 “Do you want to kick-start your career in a global company that believes in sustainability and innovation?” says Grundfos. And are you ready to take command of your own development and future? Join our programme and […]
The €1 million donation, which will be split among the three universities, is part of Finland’s centenary celebrations this year. “The ability to conduct continuous, diverse scientific research work in collaboration with universities, businesses, and other parties is critical for constructing a sustainable future.” It is also critical that university training programmes generate top specialists […]
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.
