Type 1 diabetics entrust their lives to insulin pumps. That is why durable functional reliability is such an important feature of the small devices’ sealing mechanism. Freudenberg Sealing Technologies has now entered into a new purchase agreement for seals with the Swiss medical technology specialist Ypsomed that significantly exceeds the previous order volume. This successful […]
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 […]
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 […]
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 […]
Following the successful pilot of its digital asset management technology with Anglian Water, Norwegian digital analytics company, InfoTiles, is embarking on an expanded proof of concept programme. The on-going collaboration with the UK utility will use its artificial intelligence (AI) driven software to manage roughly 317 biofilters, along with pumps and valves, and will be […]
Atlas Copco Group has completed the acquisition of Sykes Group Pty Ltd (Sykes) from Seven Group Holdings Ltd (SGH), a company listed on the Australian Securities Exchange (ASX). Sykes is a global manufacturer of dewatering pumps, predominantly used for transferring water with solids and abrasive nature within the mining and wastewater sectors. It is headquartered […]
Watts Water Technologies, Inc. has been named one of the Top Places to Work in Massachusetts in the 15th annual employee-based survey from The Boston Globe. Top Places to Work recognizes the most admired workplaces in the state voted on by the people who know them best – their employees. The survey measures employee opinions […]
Atlas Copco Group has agreed to acquire KRACHT GmbH (Kracht), a manufacturer of high-quality technologies including external gear pumps, fluid measurement, valves, hydraulic drives, and dosing systems. 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 […]
The Malaysia International Water Convention (MIWC) 2023, the region’s premier event for water industry professionals, is poised to gather over 650 thought leaders, innovators, and practitioners from diverse sectors to address the critical challenges facing the water industry and explore sustainable solutions for a water-secure future. Held under the theme “Sustainability: Transforming Vision into Action,” […]
Sales of Freudenberg Sealing Technologies’ Simriz perfluoroelastomeric (FFKM) compounds have more than doubled in North America during the past 24 months. As a result, Freudenberg Sealing Technologies has brought on a second shift of employees to help it fill growing Simriz orders. The company is also installing a new FFKM production cell in its Santa […]