ITT to Provide Highly Engineered Pump Systems and Aftermarket Services

ITT to Provide Highly Engineered Pump Systems and Aftermarket Services

ITT Inc. today announced the company has signed a three-year agreement for the supply of API-610 centrifugal pump systems and related products and engineered services to ExxonMobil, one of the world’s largest international energy and petrochemical companies. The agreement contains a $50 million minimum contract commitment, with a total potential value of $80 million in […]

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 […]

Valmet Launches Polymer Concentration Measurement for Municipal and Industrial Wastewater

Valmet Launches Polymer Concentration Measurement for Municipal and Industrial Wastewater

Valmet introduces the new Valmet Polymer Concentration Measurement (Valmet PCM), which is the first advanced optical inline polymer measurement for municipal and industrial wastewater treatment, as well as pulp and paper processes. Real-time, continuous polymer concentration data creates new opportunities for process optimization, such as more accurate polymer dosage, savings in polymer usage, faster reaction […]

New Steam Test Bench for Control and On-Off Valves

New Steam Test Bench for Control and On-Off Valves

Research and development are decisive factors for the quality of the control and on-off valves from Schubert & Salzer Control Systems. With the new steam test bench, the company has now created options for its own product tests that go well beyond the industry standard. Longer and more intensive tests of different valve types and […]

PARKER PRESENTS FISCAL YEAR 2023 SUSTAINABILITY REPORT

Parker Presents Fiscal Year 2023 Sustainability Report

Parker Hannifin has released its fiscal year 2023 Sustainability Report. Under the theme “Guided by Purpose,” the report highlights the success of Parker’s most recent actions to protect the environment, advance clean technologies, create safe industrial workplaces and strengthen its communities. The report also demonstrates Parker’s broad range of products and systems that are specifically […]

Klaus Endress Celebrates His 75th Birthday

Klaus Endress Celebrates His 75th Birthday

Dr Klaus Endress, CEO of the Endress+Hauser Group for many years and president of the Supervisory Board since 2014, is celebrating his 75th birthday. As previously announced, he will end his active involvement in the family-owned business at the end of the year. However, he will remain closely associated with the Group as a shareholder […]

Watts Water Technologies to Acquire Josam Company

Watts Water Technologies to Acquire Josam Company

Watts Water Technologies, Inc. announced that it has entered into a definitive agreement to acquire 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 end markets. Josam’s […]

EBARA Technology to be Adopted as an Industrial Vocational Training Program in Africa

EBARA Technology to be Adopted as an Industrial Vocational Training Program in Africa

EBARA Corporation was accepted as part of the United Nations Industrial Development Organization (UNIDO) Investment and Technology Promotion Office (ITPO), Tokyo’s “Industrial Vocational Training Program in Africa through Technology Transfer from Japan”. Since its founding, EBARA has contributed to solving social problems through its business. One of the company’s goals set out in its long-term […]

PRICE PUMP COMPANY TEST LAB FACILITY APPROVED BY HYDRAULIC INSTITUTE

Price Pump Company Test Lab Facility Approved by Hydraulic Institute

The Hydraulic Institute introduces member company, Price Pump Company as the latest company to have their pump test laboratory, located in Caldwell, Idaho, approved through the HI Pump Test Lab Approval Program. The HI program assists pump original equipment manufacturers (OEMs) and other pump test laboratories to improve their current laboratory procedures and policies by […]