Watts Water Technologies, Inc. announced results for the second quarter of 2023. “We achieved another quarter of record results that exceeded our expectations, driven by the continued operational excellence of the Watts team. I would like to thank the team for their contributions to our success and their unwavering support of our customers,” stated Chief […]
International technology group ANDRITZ significantly increased revenue and earnings in the first half of 2023 compared to the first six months of the previous year despite the cooling global economy. With order intake stable, the order backlog at the end of June 2023 was six percent above the level at year-end 2022. ANDRITZ also expects […]
On 27 July 2023, with the ceremonial reopening of a hub in Nairobi, Kenya, expanded to include state-of-the-art assembly, testing and training capacities, the multinational technology group Wilo has strengthened its presence in East Africa and reaffirmed its ambition to help shape the sustainable development in the continent as a whole. This was most recently […]
With deep sadness, GEA Group Aktiengesellschaft announces the sudden and unexpected death of Chief Financial Officer Marcus A. Ketter, who passed away on Sunday, August 6 at the age of only 55. “We are shocked and devastated by this loss. With Marcus Ketter, GEA loses an outstanding CFO and a highly valued individual whose drive, […]
CIRCOR International, Inc. joins their brand Portland Valve in celebrating their 50 year anniversary. Originally incorporated June 29, 1973 with 5 employees, PV has grown to become a standard name in valves for both submarines and surface vessels over the past 50 years. Portland Valve manufactures a full line of ship service ball valves and […]
Pentair plc announced the appointment of Tracey Doi to its board of directors effective August 15, 2023. With her appointment to the Pentair plc board of directors, Ms. Doi will serve on the Company’s Audit and Finance Committee. Ms. Doi is the retired Group Vice President and Chief Financial Officer of Toyota Motor North America […]
There are many pumps that have been performing vital operations for decades. Solidly built and offering reliable service, in some cases long after the manufacturer has gone by the wayside. However, there comes a time when even the most stoic of equipment needs to be refurbished, if only to improve performance and efficiency back to […]
Parker Hannifin is launching a new network of Certified Mobile Electrification Centers across Europe, the Middle East and Africa to accelerate the transition to low-carbon mobile equipment operations. Novum Tech – based in Goncelin, near Grenoble – is the first Parker distributor to complete the rigorous training and assessment process required for certification. More will […]
Pentair plc announced second quarter 2023 sales of $1.1 billion. Sales were up 2 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales declined 7 percent in the second quarter. Second quarter 2023 earnings per diluted share from continuing operations (“EPS”) were $0.93 compared to $0.92 […]
Mats Rahmström, President and CEO of the Atlas Copco Group, comments on the report for Q2. <!—-> “I’m very pleased to present a quarter with record revenues and operating profit,” said Mats Rahmström. “The demand for our products and services remained strong.” The order intake in the second quarter reached MSEK 43 471 (41 010), […]
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.
