Xylem Reports Second Quarter 2023 Results

Xylem Inc. reported second-quarter results, which include the May 24 acquisition of Evoqua Water Technologies Corp. The Company reported total revenue of $1.7 billion, with reported growth of 26 percent and organic growth of 15 percent, surpassing prior guidance, on strong commercial and operational execution. Orders were up 10 percent on a reported basis and […]

Pump Sector Welcomes Announcement on CE Marking

The British Pump Manufacturers Association (BPMA), on behalf of the £1.9 billion UK pump sector has welcomed the recent announcement from the Department of Business and Trade regarding the indefinite extension to the use of CE marking for UK businesses. The CE (Conformité Européenne) mark is used across Europe to certify that a wide range […]

Wilo Celebrates Reopening of Expanded Regional Hub in Kenya

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 […]

GEA Mourns the Death of Chief Financial Officer Marcus A. Ketter

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 Brand Portland Valve Announces 50 Year Anniversary 

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 Appoints Tracey Doi to Board of Directors

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 […]

Pfeiffer Vacuum Technology AG Reports Record Sales for H1 2023

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 Strengthens Presence in Taiwanese Pump Market

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 […]