Watts Water Technologies, Inc. announced on January 2, 2024 that it has completed the previously announced acquisition of Josam Company (“Josam”), a leading provider and manufacturer of drainage and plumbing products for over 100 years. The company offers a comprehensive portfolio of high-quality customized products to a diverse customer base serving commercial, industrial, and multi-family […]
At the upcoming Annual Shareholder’s Meeting on 17 April 2024, the GF Board of Directors is to propose Annika Paasikivi for election as new board member. Annika Paasikivi (1975), Finnish citizen, has many years of experience as an executive and board member in various industrial companies in the Nordics including the industrial owner Oras Invest, […]
The production of cultivated meat is based on known biotechnological processes that are identical to those used in other large-scale applications for cell culture technology. For this future market, GEMÜ offers complete valves, as well as measurement and control systems, from a single source. Cultivated meat is a steadily growing market that represents an efficient […]
The Board of Directors of Atlas Copco AB has appointed Vagner Rego as the new President and CEO of Atlas Copco Group, effective May 1st, 2024. He will replace Mats Rahmström who has, as previously communicated, requested to leave his position after successfully leading the Group since 2017. “Vagner Rego is an appreciated leader with […]
The German drive specialist Flender announced on January 9, 2024 that it has been awarded the platinum medal by EcoVadis, the world’s most renowned provider of sustainability ratings for companies. This places Flender among the top one percent of companies evaluated by EcoVadis. Having already been awarded the gold medal in its first application in […]
Endress+Hauser has completed the announced change at the top of the Group: Dr Peter Selders has taken over as CEO of the Swiss specialist for measurement technology and automation solutions. The 54-year-old holds a doctorate in physics, has been with the company since 2004 and was previously managing director of the competence center for level […]
KRACHT GmbH (Kracht), a manufacturer of high-quality technologies including external gear pumps, fluid measurement, valves, hydraulic drives, and dosing systems has become part of Atlas Copco Group. Kracht was founded in 1911 and has its headquarters in Werdhol, Germany. The company has subsidiaries in US, China and Hungary, and approximately 440 employees. In 2022, Kracht […]
Franklin Electric Co., Inc. announced that on December 31, 2023, its wholly owned subsidiary Headwater Companies, LLC acquired substantially all of the assets of LCA Pump, LLC, a Missouri limited liability company, which operates Water Works Pump. Water Works is a professional groundwater distributor located in Springfield, MO, and will operate as a branch of […]
According to a new report published by Allied Market Research, the submersible pumps market size was valued at $12.7 billion in 2022, and is estimated to reach $24.4 billion by 2032, growing at a CAGR of 6.9% from 2023 to 2032. Submersible pumps are a type of pump designed to operate underwater, submerged in the […]
The Wilo Group and the Wilo-Foundation extend their contract with the Team German Men’s Eight ahead of schedule. The multinational technology group and the family foundation will remain the main sponsor and promoter of young talent for the flagship of German rowing until 2028. Even in challenging times, both supporters are convinced of the strength […]
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.
