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 […]
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 […]
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 […]
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 KSB Group launched a new generation of pneumatic 90° quarter-turn actuators. The double-acting and single-acting pneumatic actuators of the ACTAIR EVO and DYNACTAIR EVO type series are designed for actuating all types of part-turn valves, such as butterfly valves, ball valves and plug valves. Applications covered by the actuators are water treatment, waste water […]
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 […]
