- Email: [email protected]
Davey acquires Monarch Pool Systems
researching and developing water technologies in ‘realworld’ conditions and then marketing and selling them globally,” said Dr Roger Radke, chief executive officer of the water technologies division of Siemens Group I&S. “Through Mekorot operations in Israel, we will be able to test many different applications and technologies. In particular, some of the first efforts will focus on membrane technology and water reuse applications,” said Karole Colangelo, corporate public relations manager at USFilter. “Using our leading Memcor membrane technology, we will look at ways to expand applications and improve membrane technology. Secondly, we will look at ways to drive down costs for seawater desalination to meet the needs of major Israeli water consumers such as agriculture and industry.” Siemens expects that demand for new water treatment, reuse and recycle technologies, estimated at US$40 billion, will double in the next 8 to ten years.
NAME CHANGE FOR SPX AIR TREATMENT SPX Air Treatment has changed its name to SPX Dehydration & Process Filtration. The business believes that the name SPX Dehydration & Process Filtration better describes the breadth and depth of products and systems that they create to remove moisture and contaminants from air, gas, fuel, lubricating oil, and insulating fluids, to improve operations, processes and energy efficiency. This name change aligns the SPX Process Equipment
Filtration Industry Analyst
and SPX Dehydration & Process Filtration divisions within the SPX Flow Technology segment. Formed in January, 2003, SPX Dehydration & Process Filtration operates from corporate headquarters in Ocala, Florida USA, with 17 locations in 11 countries. Brand names include Clean Air; Delair; Deltech; Dollinger; Flair; Hankison; Kemp; Pneumatic Products; RentalDryers and Vokes.
GL&V FINALISES ENVIROQUIP ACQUISITION Groupe Laperriere & Verreault Inc (GL&V) has acquired Austin, Texasbased Enviroquip Inc, at a cost of C$22.8 million (see Filtration Industry Analyst, June 2006). The transaction was entirely financed using GL&V’s available cash and credit facilities. With annual sales of approximately C$25 million, Enviroquip produces water and wastewater treatment equipment, mainly for municipalities. In addition to a number of aeration, filter underdrain, aerobic digestion, belt filter press and clarifier systems, Enviroquip holds the exclusive US municipal market license for the submerged membrane unit developed by the Japanese multinational Kubota. This wastewater treatment technology is increasingly in demand by North American municipalities. GL&V has been the exclusive Kubota membrane licensee in Canada for the municipal market since 2004. Richard Verreault, president and chief operating officer of GL&V, indicated that the Enviroquip acquisition brings a significant strategic value since it enables Eimco Water Technologies to establish its presence in a market segment experiencing faster growth than the
wastewater treatment industry as a whole, and where there are considerable barriers to entry due to numerous existing patents and to the considerably long period of time for acquiring market share. “The addition of this relatively new technology to our existing portfolio strengthens GL&V’s current and future positioning in the North American municipal market,” said Verreault. This acquisition is the fourth to be completed by GL&V’s Water Treatment Group (Eimco Water Technologies) within the past 14 months. Created over two years ago, this group now benefits from a substantial international presence and a strong technological portfolio. “Given the massive investments to be allocated to water treatment infrastructures in future years, in both developed countries and emerging regions, our Water Treatment Group is expected to make a growing contribution to GL&V’s international expansion and results,” concluded Verreault.
DAVEY ACQUIRES MONARCH POOL SYSTEMS Australian pump and systems manufacturer Davey Water Products is acquiring Perth-based Monarch Pool Systems. Monarch develops, manufactures and supplies a range of products for the swimming pool industry including salt water chlorinators, swimming pool and spa pumps, sand and cartridge filters, PVC, pool and spa fittings, automatic pool cleaners and water falls. Monarch’s expertise in salt water chlorination has provided a platform for a substantial export business, especially in the USA, Europe and South Africa. Monarch will operate as an autonomous business unit within the Davey Water
IN BRIEF • Lydall Filtration/Separation Inc has announced a general price increase effective with orders shipped after 4 August 2006. Lydall blames the increase on the continuing increases in energy and raw materials prices, especially microglass fibre and petroleum based resins. The price increase will cover all products and areas of Lydall Filtration/Separation’s business. • Morgenthaler Partners, a US venture capital and buyout firm, has added a US filtration and fluid control manufacturer to its portfolio. Flow Solutions Inc, based in California, USA, manufactures filtration and fluid-control systems for biopharmaceutical, semiconductor and food, beverage and general industrial markets. It has 125 employees across the western US and 2005 revenues of US$90 million. According to Morgenthaler’s general partner, Al Stanley, the venture capital firm was drawn to Flow Solutions because of its history of successful acquisitions, consolidation opportunities within its distribution market and the company’s service presence in anticipated high-growth end markets. • The American Filtration and Separations Society (AFS) will hold a conference on separation and filtration processes for the power generation industry 16–18 October 2006 at the Radisson Hotel Pittsburgh Green Tree in Pittsburgh, Pennsylvania, USA. For additional information on the conference, contact Suzanne Sower at the AFS by telephone on +1 612 861 1277 or visit www.afssociety.org.
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NEWS/IN BRIEF
July 2006
Filtration Industry Analyst
IN BRIEF/NEWS
IN BRIEF • Aqua America Inc has reached an agreement with Utilities & Industries Corp LLC to acquire New York Water Service Corp in a transaction valued at US$51 million. Aqua America will pay US$28 million in cash to acquire the company and assume US$23 million in debt. New York Water Service provides public water to approximately 135 000 Long Island, New York residents. • The programme has been announced for the International Filtration Conference, organised by Filter Media Consulting, which will take place in Osaka, Japan in November 2006. Topics covered include the potential of baghouse filtration, HVAC filtration, appliance filters and air purifiers, activated carbon media, cabin air filters and other automotive filtration, nanofibre technology, the latest electrostatic charged filter media developments, HEPA/ULPA, testing standards and membrane-N2 separation. For further information e-mail [email protected] or visit www.filtermediaconsulting.com. • Donaldson Membranes’ manufacturing plant in Hull, UK is now ISO14000 certified. • The European MBR-Network cluster group has launched a website at www.mbr-network.eu. Dedicated to the development of membrane bioreactor technology, the MBR-Network includes the AMEDEUS, EUROMBRA, MBRTRAIN and PURATREAT projects. • Clarcor Inc’s regular quarterly US$0.0675 dividend will be payable on 28 July 2006.
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July 2006
Products group, focusing on customers in the swimming pool industry and adding about A$30 million in annual sales to Davey Water Products. The current management team will remain in place. Davey Water Products includes Davey, Spa-Quip (acquired in 2004) and Contamination Control (acquired in 2005). Davey Water Products is a member of the GUD Holdings Ltd group, which also owns Ryco Filters.
PARKER CLOSES FISCAL YEAR WITH CONTINUED STRONG ORDERS Parker Hannifin Corp has reported year-on-year gains in orders for the month of June in the company’s three business segments: Industrial (which includes Parker’s Filtration operations); Aerospace; and Climate and Industrial Control. Orders for the North American Industrial business increased 7% over the same month last year. This increased growth is against increased order rates of 5% in 2005, and 24% in 2004. Strong orders were driven by distribution and MRO markets. Rest-of-World Industrial orders increased 8%, against increased order rates of 7% in 2005, and 21% in 2004. Europe and Asia continued to be strong, while Latin America showed improvement.
VAPERMA SECURES C$7 MN IN FINANCING Vaperma Inc, a Canadian gas separation membrane company, has closed a C$7.0 million financing round. SAM Private Equity, a Switzerland-based venture fund specialised in cleantech and sustainability investments, led the financing. The syndicate consisted of BDC Capital
and Fonds d’Investissement en Developpement Durable (FIDD), two Canadian-based investment funds, and an angel investors group from Europe and Canada. Vaperma is active in the development and the commercialisation of advanced gas separation solutions for the production of fuel ethanol, biodiesel and natural gas. The company’s research team has developed and patented a polymeric membrane technology where water can be separated from ethanol and natural gas in the vapor phase using less energy than the traditional distillation and solvent-based gas scrubbing processes.
EATON JOINS EPA’S GREEN SUPPLIERS NETWORK Diversified industrial manufacturer Eaton Corp has joined the Green Suppliers Network (GSN) program. GSN is a public-private partnership involving the US Environmental Protection Agency (EPA) and the US Department of Commerce’s Manufacturing Extension Partnership. Eaton - parent company of Hayward Filtration - joins a group of large manufacturers committed to sharing both lean and clean manufacturing techniques and environmental process improvements with their small and medium-sized suppliers to help them become more competitive and environmentally involved as partners in the program. As a corporate champion in the program, Eaton will engage 20 of its suppliers as GSN Partners in the first year of the program. Based on its first-year experiences, Eaton will identify additional suppliers to include during the following three years. “Eaton is proud to be part of the GSN program, which
combines responsible environmental practices and manufacturing efficiencies to create economic growth and healthier communities,” said Alexander Cutler, Eaton chairman and chief executive officer. “The elimination of waste in the manufacturing process improves the environmental performance of a company and its suppliers, reinforces a company’s commitment to its customers and the local communities and promotes operational efficiency,” Cutler said. “We look forward to working with other proactive manufacturers in our various industries to identify additional opportunities for environmental process and manufacturing improvements.” Under the GSN program, Eaton will work with all levels of its manufacturing supply chain to improve processes, increase energy efficiency, implement cost-saving opportunities and optimise use of required resources to eliminate waste. Richard Jacobs, Eaton vice president - supply chain management, noted that many of Eaton’s smaller suppliers do not have the resources to acquire the consulting support needed to review their operations and evaluate various lean manufacturing process tools that can lead to implementing lean process solutions. Jacobs said that he plans to involve 20 suppliers from Ohio in the first phase of the program as GSN partners.
SEYCHELLE ENVIRONMENTAL SIGNS STRATEGIC ALLIANCES California’s Seychelle Environmental Technologies Inc has formed two strategic alliances that will streamline operations, reduce manufacturing costs and extend its distribution reach in India and China.
NAME CHANGE FOR SPX AIR TREATMENT SPX Air Treatment has changed its name to SPX Dehydration & Process Filtration. The business believes that the name SPX Dehydration & Process Filtration better describes the breadth and depth of products and systems that they create to remove moisture and contaminants from air, gas, fuel, lubricating oil, and insulating fluids, to improve operations, processes and energy efficiency. This name change aligns the SPX Process Equipment
Filtration Industry Analyst
and SPX Dehydration & Process Filtration divisions within the SPX Flow Technology segment. Formed in January, 2003, SPX Dehydration & Process Filtration operates from corporate headquarters in Ocala, Florida USA, with 17 locations in 11 countries. Brand names include Clean Air; Delair; Deltech; Dollinger; Flair; Hankison; Kemp; Pneumatic Products; RentalDryers and Vokes.
GL&V FINALISES ENVIROQUIP ACQUISITION Groupe Laperriere & Verreault Inc (GL&V) has acquired Austin, Texasbased Enviroquip Inc, at a cost of C$22.8 million (see Filtration Industry Analyst, June 2006). The transaction was entirely financed using GL&V’s available cash and credit facilities. With annual sales of approximately C$25 million, Enviroquip produces water and wastewater treatment equipment, mainly for municipalities. In addition to a number of aeration, filter underdrain, aerobic digestion, belt filter press and clarifier systems, Enviroquip holds the exclusive US municipal market license for the submerged membrane unit developed by the Japanese multinational Kubota. This wastewater treatment technology is increasingly in demand by North American municipalities. GL&V has been the exclusive Kubota membrane licensee in Canada for the municipal market since 2004. Richard Verreault, president and chief operating officer of GL&V, indicated that the Enviroquip acquisition brings a significant strategic value since it enables Eimco Water Technologies to establish its presence in a market segment experiencing faster growth than the
wastewater treatment industry as a whole, and where there are considerable barriers to entry due to numerous existing patents and to the considerably long period of time for acquiring market share. “The addition of this relatively new technology to our existing portfolio strengthens GL&V’s current and future positioning in the North American municipal market,” said Verreault. This acquisition is the fourth to be completed by GL&V’s Water Treatment Group (Eimco Water Technologies) within the past 14 months. Created over two years ago, this group now benefits from a substantial international presence and a strong technological portfolio. “Given the massive investments to be allocated to water treatment infrastructures in future years, in both developed countries and emerging regions, our Water Treatment Group is expected to make a growing contribution to GL&V’s international expansion and results,” concluded Verreault.
DAVEY ACQUIRES MONARCH POOL SYSTEMS Australian pump and systems manufacturer Davey Water Products is acquiring Perth-based Monarch Pool Systems. Monarch develops, manufactures and supplies a range of products for the swimming pool industry including salt water chlorinators, swimming pool and spa pumps, sand and cartridge filters, PVC, pool and spa fittings, automatic pool cleaners and water falls. Monarch’s expertise in salt water chlorination has provided a platform for a substantial export business, especially in the USA, Europe and South Africa. Monarch will operate as an autonomous business unit within the Davey Water
IN BRIEF • Lydall Filtration/Separation Inc has announced a general price increase effective with orders shipped after 4 August 2006. Lydall blames the increase on the continuing increases in energy and raw materials prices, especially microglass fibre and petroleum based resins. The price increase will cover all products and areas of Lydall Filtration/Separation’s business. • Morgenthaler Partners, a US venture capital and buyout firm, has added a US filtration and fluid control manufacturer to its portfolio. Flow Solutions Inc, based in California, USA, manufactures filtration and fluid-control systems for biopharmaceutical, semiconductor and food, beverage and general industrial markets. It has 125 employees across the western US and 2005 revenues of US$90 million. According to Morgenthaler’s general partner, Al Stanley, the venture capital firm was drawn to Flow Solutions because of its history of successful acquisitions, consolidation opportunities within its distribution market and the company’s service presence in anticipated high-growth end markets. • The American Filtration and Separations Society (AFS) will hold a conference on separation and filtration processes for the power generation industry 16–18 October 2006 at the Radisson Hotel Pittsburgh Green Tree in Pittsburgh, Pennsylvania, USA. For additional information on the conference, contact Suzanne Sower at the AFS by telephone on +1 612 861 1277 or visit www.afssociety.org.
3
NEWS/IN BRIEF
July 2006
Filtration Industry Analyst
IN BRIEF/NEWS
IN BRIEF • Aqua America Inc has reached an agreement with Utilities & Industries Corp LLC to acquire New York Water Service Corp in a transaction valued at US$51 million. Aqua America will pay US$28 million in cash to acquire the company and assume US$23 million in debt. New York Water Service provides public water to approximately 135 000 Long Island, New York residents. • The programme has been announced for the International Filtration Conference, organised by Filter Media Consulting, which will take place in Osaka, Japan in November 2006. Topics covered include the potential of baghouse filtration, HVAC filtration, appliance filters and air purifiers, activated carbon media, cabin air filters and other automotive filtration, nanofibre technology, the latest electrostatic charged filter media developments, HEPA/ULPA, testing standards and membrane-N2 separation. For further information e-mail [email protected] or visit www.filtermediaconsulting.com. • Donaldson Membranes’ manufacturing plant in Hull, UK is now ISO14000 certified. • The European MBR-Network cluster group has launched a website at www.mbr-network.eu. Dedicated to the development of membrane bioreactor technology, the MBR-Network includes the AMEDEUS, EUROMBRA, MBRTRAIN and PURATREAT projects. • Clarcor Inc’s regular quarterly US$0.0675 dividend will be payable on 28 July 2006.
4
July 2006
Products group, focusing on customers in the swimming pool industry and adding about A$30 million in annual sales to Davey Water Products. The current management team will remain in place. Davey Water Products includes Davey, Spa-Quip (acquired in 2004) and Contamination Control (acquired in 2005). Davey Water Products is a member of the GUD Holdings Ltd group, which also owns Ryco Filters.
PARKER CLOSES FISCAL YEAR WITH CONTINUED STRONG ORDERS Parker Hannifin Corp has reported year-on-year gains in orders for the month of June in the company’s three business segments: Industrial (which includes Parker’s Filtration operations); Aerospace; and Climate and Industrial Control. Orders for the North American Industrial business increased 7% over the same month last year. This increased growth is against increased order rates of 5% in 2005, and 24% in 2004. Strong orders were driven by distribution and MRO markets. Rest-of-World Industrial orders increased 8%, against increased order rates of 7% in 2005, and 21% in 2004. Europe and Asia continued to be strong, while Latin America showed improvement.
VAPERMA SECURES C$7 MN IN FINANCING Vaperma Inc, a Canadian gas separation membrane company, has closed a C$7.0 million financing round. SAM Private Equity, a Switzerland-based venture fund specialised in cleantech and sustainability investments, led the financing. The syndicate consisted of BDC Capital
and Fonds d’Investissement en Developpement Durable (FIDD), two Canadian-based investment funds, and an angel investors group from Europe and Canada. Vaperma is active in the development and the commercialisation of advanced gas separation solutions for the production of fuel ethanol, biodiesel and natural gas. The company’s research team has developed and patented a polymeric membrane technology where water can be separated from ethanol and natural gas in the vapor phase using less energy than the traditional distillation and solvent-based gas scrubbing processes.
EATON JOINS EPA’S GREEN SUPPLIERS NETWORK Diversified industrial manufacturer Eaton Corp has joined the Green Suppliers Network (GSN) program. GSN is a public-private partnership involving the US Environmental Protection Agency (EPA) and the US Department of Commerce’s Manufacturing Extension Partnership. Eaton - parent company of Hayward Filtration - joins a group of large manufacturers committed to sharing both lean and clean manufacturing techniques and environmental process improvements with their small and medium-sized suppliers to help them become more competitive and environmentally involved as partners in the program. As a corporate champion in the program, Eaton will engage 20 of its suppliers as GSN Partners in the first year of the program. Based on its first-year experiences, Eaton will identify additional suppliers to include during the following three years. “Eaton is proud to be part of the GSN program, which
combines responsible environmental practices and manufacturing efficiencies to create economic growth and healthier communities,” said Alexander Cutler, Eaton chairman and chief executive officer. “The elimination of waste in the manufacturing process improves the environmental performance of a company and its suppliers, reinforces a company’s commitment to its customers and the local communities and promotes operational efficiency,” Cutler said. “We look forward to working with other proactive manufacturers in our various industries to identify additional opportunities for environmental process and manufacturing improvements.” Under the GSN program, Eaton will work with all levels of its manufacturing supply chain to improve processes, increase energy efficiency, implement cost-saving opportunities and optimise use of required resources to eliminate waste. Richard Jacobs, Eaton vice president - supply chain management, noted that many of Eaton’s smaller suppliers do not have the resources to acquire the consulting support needed to review their operations and evaluate various lean manufacturing process tools that can lead to implementing lean process solutions. Jacobs said that he plans to involve 20 suppliers from Ohio in the first phase of the program as GSN partners.
SEYCHELLE ENVIRONMENTAL SIGNS STRATEGIC ALLIANCES California’s Seychelle Environmental Technologies Inc has formed two strategic alliances that will streamline operations, reduce manufacturing costs and extend its distribution reach in India and China.