- Email: [email protected]
Aker Solutions expands subsea manufacturing capacity
NEWS
Grundfos invests in North American municipal wastewater base near Chicago
Aker Solutions expands subsea manufacturing capacity
rundfos has opened a new business development competency centre in Illinois to serve the North American municipal wastewater market. Located in Aurora, about 40 miles west of Chicago, the centre is housed in the 105 000 sq ft pump manufacturing facility of the former Yeomans Chicago Corp, which Grundfos acquired in 2008. Since that acquisition, Grundfos has upgraded the Aurora facility to begin production of Grundfos branded wastewater pump systems which were previously manufactured in Europe and Asia. Production of the first of these products – the Grundfos S-Line of energy-efficient wastewater pumps – started in February. The Aurora facility currently employs 93 full-time personnel, including 31 machinists working two shifts five days per week. Grundfos North America CEO and president Jes Munk Hansen said: “This centre is pivotal to Grundfos becoming a leader in the North American municipal wastewater business. We have big ambitions for the next five years, as we strive to double – if not triple – our sales in that key segment, with commensurate growth in our product offering.” Grundfos has invested more than US$50 million in municipal water-related activities in the US over the last few years, including acquisitions, increased production and infrastructure, information systems and product launches. Grundfos expects to invest another US$50 million in its North American operations over the next five years. “These investments are part of a global strategy that aims to capture 10% of the worldwide municipal market and generate roughly US$1.3 billion in export sales,” said Hansen. Hansen says that Grundfos looks at the market in terms of the next two decades, not the next two quarters. “As a privately held organisation, we can afford to have a long-term perspective with regard to our investments and business strategy. Our dedication to the municipal water market in North America is a long-term strategy,” said Hansen.
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ker Solutions is investing NOK500 million in its subsea business, doubling the capacity of its manufacturing plants in Norway and Malaysia and adding a new service base in Malaysia. The planned investments, which are in response to growing market demand in the subsea segment of the oil and gas industry, include adding new machines and expanding facilities in Tranby, Norway and Port Klang, Malaysia, and opening a new service facility in Labuan, East Malaysia which will support projects in the Asia-Pacific region. Aker Solutions says the investments will facilitate market share growth within subsea production technologies, including subsea trees, control systems, pumps and work-over systems. “The subsea market has strong fundamentals and this steady growth is expected to continue. We are now preparing for expansion in all markets and regions and these investments give us great momentum,” explained Alan Brunnen, executive vice president of Aker Solutions’ subsea business area.
For further information, visit www.grundfos.us
For further information, visit www.dxpe.com
16
Pump Industry Analyst
A
For further information, visit www.akersolutions.com
DXP Enterprises makes three acquisitions
D
XP Enterprises Inc has acquired three US pump distributors: Pump & Power Equipment Inc, Aledco Inc and Force Engineered Products Inc. Pump & Power serves customers in the industrial and municipal markets, including food processing and production, engineering, energy and construction firms and water and wastewater treatment plants. Aledco and Force focus on the oil & gas, water & wastewater treatment, pharmaceutical and general industrial markets. Aledco has had recent success serving the Marcellus Shale development. DXP says that it is looking forward to leveraging its oil & gas expertise into this fast growing market opportunity.
Editorial Office: Elsevier Limited, The Boulevard, Langford Lane, Kidlington, Oxford OX5 1GB, United Kingdom Tel: +44 (0)1865 843695 Fax: +44 (0)1865 843933 Web: www.pumpindustryanalyst.com Editor: Roisin Reidy E-mail: [email protected] Production Support Manager: Lin Lucas E-mail: [email protected] Publisher: David Hopwood Subscription Information An annual subscription to Pump Industry Analyst includes 12 issues and online access for up to 5 users. Prices: 1232 for all European countries & Iran US$1382 for all countries except Europe and Japan ¥163 800 for Japan (Prices valid until 31 December 2012) To subscribe send payment to the address above. Tel: +44 (0)1865 843687 or via www.pumpindustryanalyst.com Subscriptions run for 12 months, from the date payment is received. Permissions may be sought directly from Elsevier Rights & Permissions Department, PO Box 800, Oxford OX5 1DX, UK; phone: (+44) 1865 843830, fax: (+44) 1865 853333, email: permissions@ elsevier.com. You may also contact Rights & Permissions directly through Elsevier’s home page (http://www.elsevier.com), selecting first ‘Customer Support’, then ‘General Information’, then Permissions Query Form’. In the USA, users may clear permissions and make payments through the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, USA; phone: (978) 7508400, fax: (978) 7504744, and in the UK through the Copyright Licensing Agency Rapid Clearance Service (CLARCS), 90 Tottenham Court Road, London W1P 0LP, UK; phone: (+44) 207 436 5931; fax: (+44) 207 436 3986. Other countries may have a local reprographic rights agency for payments. Derivative Works Subscribers may reproduce tables of contents or prepare lists of articles including abstracts for internal circulation within their institutions. Permission of the publisher is required for resale or distribution outside the institution. Permission of the publisher is required for all other derivative works, including compilations and translations. Electronic Storage or Usage Permission of the publisher is required to store or use electronically any material contained in this journal, including any article or part of an article. Contact the publisher at the address indicated. Except as outlined above, no part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior written permission of the publisher. Address permissions requests to: Elsevier Rights & Permissions Department, at the mail, fax and email addresses noted above. Notice No responsibility is assumed by the Publisher for any injury and/or damage to persons or property as a matter of products liability, negligence or otherwise, or from any use or operation of any methods, products, instructions or ideas contained in the material herein. Because of rapid advances in the medical sciences, in particular, independent verification of diagnoses and drug dosages should be made. Although all advertising material is expected to conform to ethical (medical) standards, inclusion in this publication does not constitute a guarantee or endorsement of the quality or value of such product or of the claims made of it by its manufacturer.
Digitally Produced by Mayfield Press (Oxford) LImited 12979
April 2012
Grundfos invests in North American municipal wastewater base near Chicago
Aker Solutions expands subsea manufacturing capacity
rundfos has opened a new business development competency centre in Illinois to serve the North American municipal wastewater market. Located in Aurora, about 40 miles west of Chicago, the centre is housed in the 105 000 sq ft pump manufacturing facility of the former Yeomans Chicago Corp, which Grundfos acquired in 2008. Since that acquisition, Grundfos has upgraded the Aurora facility to begin production of Grundfos branded wastewater pump systems which were previously manufactured in Europe and Asia. Production of the first of these products – the Grundfos S-Line of energy-efficient wastewater pumps – started in February. The Aurora facility currently employs 93 full-time personnel, including 31 machinists working two shifts five days per week. Grundfos North America CEO and president Jes Munk Hansen said: “This centre is pivotal to Grundfos becoming a leader in the North American municipal wastewater business. We have big ambitions for the next five years, as we strive to double – if not triple – our sales in that key segment, with commensurate growth in our product offering.” Grundfos has invested more than US$50 million in municipal water-related activities in the US over the last few years, including acquisitions, increased production and infrastructure, information systems and product launches. Grundfos expects to invest another US$50 million in its North American operations over the next five years. “These investments are part of a global strategy that aims to capture 10% of the worldwide municipal market and generate roughly US$1.3 billion in export sales,” said Hansen. Hansen says that Grundfos looks at the market in terms of the next two decades, not the next two quarters. “As a privately held organisation, we can afford to have a long-term perspective with regard to our investments and business strategy. Our dedication to the municipal water market in North America is a long-term strategy,” said Hansen.
G
ker Solutions is investing NOK500 million in its subsea business, doubling the capacity of its manufacturing plants in Norway and Malaysia and adding a new service base in Malaysia. The planned investments, which are in response to growing market demand in the subsea segment of the oil and gas industry, include adding new machines and expanding facilities in Tranby, Norway and Port Klang, Malaysia, and opening a new service facility in Labuan, East Malaysia which will support projects in the Asia-Pacific region. Aker Solutions says the investments will facilitate market share growth within subsea production technologies, including subsea trees, control systems, pumps and work-over systems. “The subsea market has strong fundamentals and this steady growth is expected to continue. We are now preparing for expansion in all markets and regions and these investments give us great momentum,” explained Alan Brunnen, executive vice president of Aker Solutions’ subsea business area.
For further information, visit www.grundfos.us
For further information, visit www.dxpe.com
16
Pump Industry Analyst
A
For further information, visit www.akersolutions.com
DXP Enterprises makes three acquisitions
D
XP Enterprises Inc has acquired three US pump distributors: Pump & Power Equipment Inc, Aledco Inc and Force Engineered Products Inc. Pump & Power serves customers in the industrial and municipal markets, including food processing and production, engineering, energy and construction firms and water and wastewater treatment plants. Aledco and Force focus on the oil & gas, water & wastewater treatment, pharmaceutical and general industrial markets. Aledco has had recent success serving the Marcellus Shale development. DXP says that it is looking forward to leveraging its oil & gas expertise into this fast growing market opportunity.
Editorial Office: Elsevier Limited, The Boulevard, Langford Lane, Kidlington, Oxford OX5 1GB, United Kingdom Tel: +44 (0)1865 843695 Fax: +44 (0)1865 843933 Web: www.pumpindustryanalyst.com Editor: Roisin Reidy E-mail: [email protected] Production Support Manager: Lin Lucas E-mail: [email protected] Publisher: David Hopwood Subscription Information An annual subscription to Pump Industry Analyst includes 12 issues and online access for up to 5 users. Prices: 1232 for all European countries & Iran US$1382 for all countries except Europe and Japan ¥163 800 for Japan (Prices valid until 31 December 2012) To subscribe send payment to the address above. Tel: +44 (0)1865 843687 or via www.pumpindustryanalyst.com Subscriptions run for 12 months, from the date payment is received. Permissions may be sought directly from Elsevier Rights & Permissions Department, PO Box 800, Oxford OX5 1DX, UK; phone: (+44) 1865 843830, fax: (+44) 1865 853333, email: permissions@ elsevier.com. You may also contact Rights & Permissions directly through Elsevier’s home page (http://www.elsevier.com), selecting first ‘Customer Support’, then ‘General Information’, then Permissions Query Form’. In the USA, users may clear permissions and make payments through the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, USA; phone: (978) 7508400, fax: (978) 7504744, and in the UK through the Copyright Licensing Agency Rapid Clearance Service (CLARCS), 90 Tottenham Court Road, London W1P 0LP, UK; phone: (+44) 207 436 5931; fax: (+44) 207 436 3986. Other countries may have a local reprographic rights agency for payments. Derivative Works Subscribers may reproduce tables of contents or prepare lists of articles including abstracts for internal circulation within their institutions. Permission of the publisher is required for resale or distribution outside the institution. Permission of the publisher is required for all other derivative works, including compilations and translations. Electronic Storage or Usage Permission of the publisher is required to store or use electronically any material contained in this journal, including any article or part of an article. Contact the publisher at the address indicated. Except as outlined above, no part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior written permission of the publisher. Address permissions requests to: Elsevier Rights & Permissions Department, at the mail, fax and email addresses noted above. Notice No responsibility is assumed by the Publisher for any injury and/or damage to persons or property as a matter of products liability, negligence or otherwise, or from any use or operation of any methods, products, instructions or ideas contained in the material herein. Because of rapid advances in the medical sciences, in particular, independent verification of diagnoses and drug dosages should be made. Although all advertising material is expected to conform to ethical (medical) standards, inclusion in this publication does not constitute a guarantee or endorsement of the quality or value of such product or of the claims made of it by its manufacturer.
Digitally Produced by Mayfield Press (Oxford) LImited 12979
April 2012