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 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 […]
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, […]
Dewatering and sewage pumps are the world of manufacturer Tsurumi, which is celebrating its centenary in 2024. Over 500 models up to 30 m³/min or 216 m delivery head are listed in the catalogue for Europe alone. Worldwide, the manufacturer even offers over 1800 models with motor outputs of up to 300 kW for all […]
GEA ranks among the leading employers in Europe in 2024. The Top Employers Institute has certified the machinery and plant manufacturer as a Top Employer in five countries. Belgium and Portugal were recognized for the first time, while Germany, Poland and Spain were re-certified. GEA aims to receive Top Employer certification also for other countries […]
The South African subsidiary NETZSCH Southern Africa (Pty) Ltd. has opened a new assembly center for pumps in Durban. In the presence of all employees of the subsidiary and the Global Pump Management Team, a festive opening ceremony was held in mid-November. In the spirit of Proven Excellence, the new assembly center brings NETZSCH closer […]
Sulzer adds Germany to its group of designated Top Employer 2024 countries, now including Brazil, China, Germany, Switzerland, the UK and the USA. The Top Employers Institute surveys and independently audits companies seeking Top Employer recognition, rating them against the top international standard in several categories. Aimed at ensuring and rewarding high employer standards, the […]
The gearbox specialist Neugart, headquartered in Kippenheim, Baden-Wurttemberg, Germany is responding to the challenges of the international mechanical engineering industry by adjusting its management structure: for the first time in the company’s almost one-hundred-year history, Swen Herrmann and Holger Obergföll are the company’s two managing directors who are not members of the owner families. The […]
The Ingelfingen-based technology company GEMÜ is being awarded the title of “Global Market Leader” for yet another year, earning the distinction “Champion 2024” as part of the global market leader index of the University of St. Gallen and the Academy of German Global Market Leaders. WirtschaftsWoche has awarded the owner-managed valve specialist GEMÜ the WirtschaftsWoche […]
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.
