Xylem Reports Fourth-Quarter and Full-Year 2023 Results

Xylem Reports Fourth-Quarter and Full-Year 2023 Results

Xylem Inc. (NYSE: XYL), a global water technology company dedicated to solving the world’s most challenging water issues, today reported fourth-quarter and full-year 2023 results. The Company’s total revenue of $2.1 billion surpassed prior guidance, on continued strong execution and demand. Fourth-quarter earnings exceeded Xylem’s previous guidance. The team delivered an outstanding fourth quarter, fueling […]

GF Earns Top Climate and Water Rating for Environmental Leadership

GF Earns Top Climate and Water Rating for Environmental Leadership

GF has secured an “A” score, the highest possible, by the global rating agency CDP for transparency and performance on climate change, after the company was awarded an “A-” for three consecutive years. For its ambitions around water security, GF has maintained its previous rating of “A-”. CDP released its assessment of over 21’000 companies […]

Major Boost in Order Volume: High-Performance Rod Seal for Portable Insulin Pump

Major Boost in Order Volume: High-Performance Rod Seal for Portable Insulin Pump

Type 1 diabetics entrust their lives to insulin pumps. That is why durable functional reliability is such an important feature of the small devices’ sealing mechanism. Freudenberg Sealing Technologies has now entered into a new purchase agreement for seals with the Swiss medical technology specialist Ypsomed that significantly exceeds the previous order volume. This successful […]

Voith Hydro expands Board of Management

Voith Hydro expands Board of Management

As of March 1, 2024, Andreas Wellmann will join the Board of Management of Voith Hydro with responsibility for the Projects business. Andreas Wellmann, currently CEO & President Voith Hydro EMEA, will join the Management Board as President Projects in charge of the Projects business – including Project Management, Field Service and Scheduling – in […]

Joint Building for Busch and Pfeiffer Vacuum in Switzerland

Joint Building for Busch and Pfeiffer Vacuum in Switzerland

Busch Vacuum Solutions and Pfeiffer Vacuum are jointly constructing a new sales, systems and service center in Sisseln, Switzerland, 35 km east of Basel. The ground-breaking ceremony has recently taken place, and the new building is expected to be completed in 2025. The new Busch and Pfeiffer Vacuum building became necessary due to the positive business […]

Changes to Composition of ABB Board of Directors

Changes to Composition of ABB Board of Directors

ABB announced that the Board of Directors will propose Johan Forssell and Mats Rahmström as new members for election at the company’s Annual General Meeting (AGM) on March 21, 2024. They will replace Jacob Wallenberg and Gunnar Brock who have decided not to stand for re-election. Jacob Wallenberg has been Vice-Chairman of the Board of […]

Pentair Reports Strong Fourth Quarter and Full Year 2023 Results

Pentair Reports Strong Fourth Quarter and Full Year 2023 Results

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 […]

Wilo Secures Comprehensive Financing Package Worth 570 Million Euros

Wilo Secures Comprehensive Financing Package Worth 570 Million Euros

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 […]

Three New Members Are Welcomed by BPMA

The British Pump Manufacturers Association (BPMA), which represents the business interests of UK and Irish suppliers of liquid pumps and pump related equipment is delighted to welcome three new members into its ranks. The first of these is Oxfordshire based Ambic Equipment Ltd, which designs, tests, manufactures and assembles a full range of Peristaltic Pumps, […]