Sulzer reports strong results for 2023 with a sales increase of 13.2% compared to the previous year and a marked increase in operational profitability. Order Intake in 2023 increased by 13.9% with all three divisions contributing to this performance. Operational profit (EBITA) increased by 25.3% thanks to solid sales growth and effective cost management. Given […]
The ABB Board of Directors has appointed Morten Wierod as Chief Executive Officer. He will take office on August 1, 2024, and succeed Björn Rosengren, who will step down from his position as Chief Executive Officer effective July 31, 2024, and retire as of December 31, 2024. From August 1, 2024, until the end of […]
Endress+Hauser has developed strongly in its 70th anniversary year. The specialist for measurement technology and automation solutions increased its consolidated sales by 11 percent to more than 3.7 billion euros in 2023. The Swiss family-owned company created 715 new jobs worldwide. At the end of the year, the Group had 16,532 employees. Endress+Hauser also expects […]
On the anniversary of the devastating earthquake in Turkey and Syria, the ceremonial opening of two container schools took place in the Turkish province of Hatay. The Busch family, owners of Busch Vacuum Solutions, supported the project with a donation of 100,000 Euro. The two schools were built in the municipalities of Serinyol and Maşuklu […]
Atlas Copco Group has appointed Philippe Ernens President of the Compressor Technique business area and member of Group Management, effective May 1st, 2024. Philippe Ernens is currently President for the Oil-free Air division within Compressor Technique. Philippe has broad experience, excellent technical competence and is an appreciated leader, said Mats Rahmström, President & CEO of […]
Valmet’s Board of Directors has appointed Thomas Hinnerskov President and CEO of Valmet and he will start in the position during the second half of the year and at the end of September 2024 at the latest. Thomas Hinnerskov succeeds Pasi Laine, who will continue as the President and CEO of Valmet until his successor […]
Drive manufacturer Flender has partnered with renewable energy provider ECO2GROW to purchase green electricity directly from wind and solar power plants. The selected wind farm runs with Flender gearboxes. The companies have signed several Power Purchase Agreements (PPAs) to acquire green electricity from renewable energy plants. The partnership is a crucial step in Flender’s sustainability […]
GEA is investing EUR 18 million (USD 20 million) in a technology center for alternative proteins in the state of Wisconsin, USA. The new food tech hub will pilot microbial, cell-based and plant-based foods. GEA’s technologies and a team of biotechnology experts form the basis for scaling new food for industrial production, which is increasingly […]
Franklin Electric Co., Inc. announced its fourth quarter and full year financial results for fiscal year 2023. Fourth quarter 2023 net sales were $473.0 million, compared to fourth quarter 2022 net sales of $489.4 million. Fourth quarter 2023 operating income was $50.8 million, compared to fourth quarter 2022 operating income of $56.2 million. Fourth quarter […]
Greene Tweed, a global manufacturer of high-performance sealing solutions and engineered components, proudly announces that Justine Franchina has joined Greene Tweed as Chief Operating Officer. An accomplished leader, Franchina brings a strategic perspective and over two decades of experience in driving operational excellence, improving safety and quality culture, supporting organizational and talent development, and fostering […]
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.
