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 […]
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 […]
In the future, users who operate a stand-alone dispenser can monitor and evaluate their pressures in the dosing process. This is made possible by the flowplus-MONITOR QC analysis unit, which can be used flexibly thanks to its two channels. It is suitable for monitoring 1-component and 2-component systems. Optionally, one channel can also be assigned […]
Pfeiffer Vacuum Technology AG announced results for the first half of 2023. Sales increased by 12.7% to EUR 496.7 million compared to the previous year, the highest sales level in the history of the Company within a half-year period (H1 2022: EUR 440.6 million). The operating result (EBIT) decreased by 6.2% to EUR 56.3 million […]
Thordon Bearings has further strengthened its presence in the Taiwanese market, delivering water-lubricated elastomeric polymer bearings for installation to cooling water pumps commissioned for a major power plant expansion project. Thordon’s SXL and Composite non-metallic bearings have been specified by San Tai Pumps, which is providing cooling water pumps to the state-owned Taiwan Power Company […]
ITT Inc. announced the appointment of Fernando Roland as president of its Industrial Process (IP) business, reporting to Chief Executive Officer Luca Savi. Roland succeeds David Steblein, who retired earlier this year after more than 30 years with the company. IP, one of ITT’s three segments, is a global leader in centrifugal and twin-screw pumps […]
The adoption of peristaltic pumps is expected to increase at a CAGR of 3.8% during the forecast period. The peristaltic pumps market size is anticipated to rise from US$ 1.3 billion in 2023 to US$ 1.8 billion in 2033. The peristaltic pumps market is experiencing significant growth and gaining traction across various industries due to […]
Orders CHF 1’992.4m, + 24.1% YOY on robust growth momentum in all divisions. Sales CHF 1’601.6m, +15.4% in H1 on robust execution. Operational profit CHF 162.4m, +27.3% YOY, which reflects improvements in operations. Executive Chairwoman Suzanne Thoma stated: “Due to favorable market conditions, our good positioning, first operational improvements and growth initiatives, we substantially increased […]
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.
