- Email: [email protected]
Company Profile
May 200 1
Pump Industry Analyst
The Gorman-Rupp Co, USA Profile Gorman-Rupp manufactures pumps and pumping systems for the municipal, water, wastewater, sewage, industrial, construction, petroleum, fire and OEM markets. Pumps include centrifugal, submersible, trash, rotary gear and air-driven diaphragm pumps. In addition, Gorman-Rupp manufactures a complete line of packaged lift stations and booster stations which include pumps, motors, controls, piping, accessories and enclosures. Manufacturing takes place at six locations: Mansfield and Bellville, Ohio; Sand Springs, Oklahoma; Toccoa, Georgia; St Thomas, Ontario, Canada, and Mullingar, Ireland. Analysis 2000 was Gorman-Rupp’s 14th consecutive year of sales and earnings growth. All of the company’s subsidiaries and divisions were profitable, reflecting in particular successful Six Sigma practices. To provide logistical support for targeted growth in global markets Gorman-Rupp opened a distribution centre in Denmark last year and is planning to open another in Singapore in 2001. New product launches in 2000 included The Super T Series which should extend Gorman-Rupp’s lead in the industrial and wastewater markets. The company also added two models to its Prime Aire line of trash handling contractor pumps.
~l#~~
Key Figures (US$ million) The Gorman-Rupp Co, USA
~~~~~~d for st%.xl~ wum# in 2001, to o@aot &e &8&i%! afR?& of any in wle US #XXXm@&~ II
Year ended 31 .12 2000
1999
1998
1997
1996
190.1
181.9
173.9
167.4
157.5
Gross Profit
48.4
46.3
43.7
41.0
39.1
Income
13.8
13.1
11.8
10.6
9.9
EBITDA
29.2
28.1
25.7
23.1
21.7
Capital Additions
11.4
16.2
9.3
6.3
4.0
1021
1026
1022
1024
974
Net Sales
Average No of Employees Contact Details President & Chief Executive Officer: Address:
Jeffrey Gorman PO Box 1217 Mansfield Ohio 44901-1217 USA
Tel: +1419 755 1011 Fax: +1 419 755 1233 Web: www.gorman-ruppcom
Recent Events Gorman-Rupp has completed phase one of the building consolidation and expansion project sq ft manufacturing facility. The project was completed ahead of schedule and under budget. During 2000, Patterson Pump Co earned a GE Power Systems Global Suppliers Excellence year. Patterson is the only US supplier to receive this recognition. Patterson Pump also received Georgia’s Economic Development Authority’s Exporter of the ing achievement in exporting. Gorman-Rupp also received the Ohio Governor’s Excellence in Exporting Award 2000 for global market advancement. l
at the Mansfield Division, a 36 000
l
Award for the second consecutive
l
Year Award, commending
l
strengthening
outstand-
the economy through
May 2001
Pump Industry Analyst
Andritz AG, Austria Irom? I\ndritz AG is an international supplier of production systems for the pulp and paper, steel and other specialised industries. The group’s activities are focused on four business areas: Pulp and Paper; Rolling Mills and Strip Processing Lines; Environment ant ‘roccss Technologies; and Feed Technologies. Andritz’s Other Operations, which account for 2% of sales. include the planning Ievetopment and marmfacture of water turbines, large-scale pumps for selected applications, pumps for the primary and secondar) oops in nuclear power stations, centrifugal pumps for the pulp and paper industry, as well as space technology components. 4nalysis For fiscal 2000, Andritz Group’s sales reached e936.8, which :orresponds to a 42.9% increase on 1999’s performance. The main reason for this increase lies in the first-time consolId&ion of Andritz-Ahlstrom Corp from I July 2000. Geographically, the most important region for the Andritz Group emains Europe, with 49.3% of sales going to this area. North America increased to 29,2% in 2000, while Asia’s share Jropped to 16.6% overall. Order intake increased to @?I082.7 nillion, the highest in the company’s history and a 69.6% ncrease from 1999. The Group’s 2000 EBITA reached +X4.3 nillion, an increase of 94.3% over the previous year. This was .he highest value achieved in the history of Andritz. The 3roup’s operating results in 2000 were e34.0 million, a 50.4% increase over 1999.Lower project activity hit Other 3perations’ sales. which were down 23.1% on 1999’s level. business activity in centrifugal pumps developed well, espe:ially in China, where Andritz has a 60% share in the AndritzKenflo Foshan joint venture. The services business continued ;trongty - approximately 45% of the total order intake came Sam orders to rebuild and upgrade water turbine equipment md turbine govenors, to provide spare parts for nuclear power jtations and spare parts for centrifugal pumps in the pulp and 3aper industry. Major orders received include two pumping
stations for the supply of drinking water in Hong Kong which will be equipped with 16 Andritz pumps. Supplied in cooperation with a Chinese pump manuacturer, these will be the largest pumps of this type ever built by Andritz, A contract for 50 stock pumps and eight medium-consistency pumps for a new system at Steyrermiihl paper mill represents another milestone in providing Andritz expertise as a specialist for pumping applications in the puip and paper industry.
3 /,/’
,-
1
;
8, /SE_/
_,
’
-
Key Figures (e milfionf
Year ended 31.12
Mdritz AG’s Other Operations 2000
1999
Y998
1997
Sales
22.7
29.5
32.4
50.9
3rder intake
26.8
21.2
20.8
27.5
C)rder Backlog
20.3
16.2
24.6
36.2
3.9
0.8
3.0
20.7 22.8
ZBITA ZBITDA
5.3
3.6
4.4
Capital Expenditure
1.3
1.5
1.5
4.0
230
240
297
351
10 of Employees
lontact Details ‘resident and Chief Executive Officer: jddress:
Wolfgang Leitner Stattegger Strasse 18 A-8045 Graz Austria
Tel: 1-43 3 16 6902 0 Fax: +43 316 6902 415 Web: www.and~~.com
Recent Events * Un 22 November 2900, Andritz purchased Universal Milling Technology (UMT), the feed technology division of British Tate & l
l
Lyle plc. During the first quarter of fiscal 2000, Andritz AG acquired 50% interest in Finland’s Ahlstrom Machinery Group. At the end of 1999 the take-over of Andritz AG, by The Carlyle Group (47.5%), Unternehmens Invest AG (250/o), Custos Privat. stiftung and members of Andritz AG’s executive board (jointly holding 27.5%) became effective.
Pump Industry Analyst
The Gorman-Rupp Co, USA Profile Gorman-Rupp manufactures pumps and pumping systems for the municipal, water, wastewater, sewage, industrial, construction, petroleum, fire and OEM markets. Pumps include centrifugal, submersible, trash, rotary gear and air-driven diaphragm pumps. In addition, Gorman-Rupp manufactures a complete line of packaged lift stations and booster stations which include pumps, motors, controls, piping, accessories and enclosures. Manufacturing takes place at six locations: Mansfield and Bellville, Ohio; Sand Springs, Oklahoma; Toccoa, Georgia; St Thomas, Ontario, Canada, and Mullingar, Ireland. Analysis 2000 was Gorman-Rupp’s 14th consecutive year of sales and earnings growth. All of the company’s subsidiaries and divisions were profitable, reflecting in particular successful Six Sigma practices. To provide logistical support for targeted growth in global markets Gorman-Rupp opened a distribution centre in Denmark last year and is planning to open another in Singapore in 2001. New product launches in 2000 included The Super T Series which should extend Gorman-Rupp’s lead in the industrial and wastewater markets. The company also added two models to its Prime Aire line of trash handling contractor pumps.
~l#~~
Key Figures (US$ million) The Gorman-Rupp Co, USA
~~~~~~d for st%.xl~ wum# in 2001, to o@aot &e &8&i%! afR?& of any in wle US #XXXm@&~ II
Year ended 31 .12 2000
1999
1998
1997
1996
190.1
181.9
173.9
167.4
157.5
Gross Profit
48.4
46.3
43.7
41.0
39.1
Income
13.8
13.1
11.8
10.6
9.9
EBITDA
29.2
28.1
25.7
23.1
21.7
Capital Additions
11.4
16.2
9.3
6.3
4.0
1021
1026
1022
1024
974
Net Sales
Average No of Employees Contact Details President & Chief Executive Officer: Address:
Jeffrey Gorman PO Box 1217 Mansfield Ohio 44901-1217 USA
Tel: +1419 755 1011 Fax: +1 419 755 1233 Web: www.gorman-ruppcom
Recent Events Gorman-Rupp has completed phase one of the building consolidation and expansion project sq ft manufacturing facility. The project was completed ahead of schedule and under budget. During 2000, Patterson Pump Co earned a GE Power Systems Global Suppliers Excellence year. Patterson is the only US supplier to receive this recognition. Patterson Pump also received Georgia’s Economic Development Authority’s Exporter of the ing achievement in exporting. Gorman-Rupp also received the Ohio Governor’s Excellence in Exporting Award 2000 for global market advancement. l
at the Mansfield Division, a 36 000
l
Award for the second consecutive
l
Year Award, commending
l
strengthening
outstand-
the economy through
May 2001
Pump Industry Analyst
Andritz AG, Austria Irom? I\ndritz AG is an international supplier of production systems for the pulp and paper, steel and other specialised industries. The group’s activities are focused on four business areas: Pulp and Paper; Rolling Mills and Strip Processing Lines; Environment ant ‘roccss Technologies; and Feed Technologies. Andritz’s Other Operations, which account for 2% of sales. include the planning Ievetopment and marmfacture of water turbines, large-scale pumps for selected applications, pumps for the primary and secondar) oops in nuclear power stations, centrifugal pumps for the pulp and paper industry, as well as space technology components. 4nalysis For fiscal 2000, Andritz Group’s sales reached e936.8, which :orresponds to a 42.9% increase on 1999’s performance. The main reason for this increase lies in the first-time consolId&ion of Andritz-Ahlstrom Corp from I July 2000. Geographically, the most important region for the Andritz Group emains Europe, with 49.3% of sales going to this area. North America increased to 29,2% in 2000, while Asia’s share Jropped to 16.6% overall. Order intake increased to @?I082.7 nillion, the highest in the company’s history and a 69.6% ncrease from 1999. The Group’s 2000 EBITA reached +X4.3 nillion, an increase of 94.3% over the previous year. This was .he highest value achieved in the history of Andritz. The 3roup’s operating results in 2000 were e34.0 million, a 50.4% increase over 1999.Lower project activity hit Other 3perations’ sales. which were down 23.1% on 1999’s level. business activity in centrifugal pumps developed well, espe:ially in China, where Andritz has a 60% share in the AndritzKenflo Foshan joint venture. The services business continued ;trongty - approximately 45% of the total order intake came Sam orders to rebuild and upgrade water turbine equipment md turbine govenors, to provide spare parts for nuclear power jtations and spare parts for centrifugal pumps in the pulp and 3aper industry. Major orders received include two pumping
stations for the supply of drinking water in Hong Kong which will be equipped with 16 Andritz pumps. Supplied in cooperation with a Chinese pump manuacturer, these will be the largest pumps of this type ever built by Andritz, A contract for 50 stock pumps and eight medium-consistency pumps for a new system at Steyrermiihl paper mill represents another milestone in providing Andritz expertise as a specialist for pumping applications in the puip and paper industry.
3 /,/’
,-
1
;
8, /SE_/
_,
’
-
Key Figures (e milfionf
Year ended 31.12
Mdritz AG’s Other Operations 2000
1999
Y998
1997
Sales
22.7
29.5
32.4
50.9
3rder intake
26.8
21.2
20.8
27.5
C)rder Backlog
20.3
16.2
24.6
36.2
3.9
0.8
3.0
20.7 22.8
ZBITA ZBITDA
5.3
3.6
4.4
Capital Expenditure
1.3
1.5
1.5
4.0
230
240
297
351
10 of Employees
lontact Details ‘resident and Chief Executive Officer: jddress:
Wolfgang Leitner Stattegger Strasse 18 A-8045 Graz Austria
Tel: 1-43 3 16 6902 0 Fax: +43 316 6902 415 Web: www.and~~.com
Recent Events * Un 22 November 2900, Andritz purchased Universal Milling Technology (UMT), the feed technology division of British Tate & l
l
Lyle plc. During the first quarter of fiscal 2000, Andritz AG acquired 50% interest in Finland’s Ahlstrom Machinery Group. At the end of 1999 the take-over of Andritz AG, by The Carlyle Group (47.5%), Unternehmens Invest AG (250/o), Custos Privat. stiftung and members of Andritz AG’s executive board (jointly holding 27.5%) became effective.