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Flowserve expands European valve-repair operations
Pump Industry Analyst
Illl Ill IIIIllll Ill
February 1999
L-II-i3 4 4 !30 ;;
MARLEY PUMP EXITS MOTOR BUSINESS
Z < Z
United Dominion Industries has sold the motor product line assets of Marley Pump to Franklin Electric. Marley Pump will continue to manufacture and sell its Red Jacket petroleum and water pumps but will no longer manufacture the motors for them, following a transition period. Terms of the transaction were not disclosed. In addition, Marley has agreed with FE Petro, a subsidiary of Franklin Electric, to settle all litigation between them on the basis of an exchange of crosslicenses under each company's respective patents. This will allow the companies to continue selling their own product lines. Other terms of this agreement were not disclosed. "Settling the patent disputes between Marley Pump and FE Petro along with the sale of the motor assets will allow Marley Pump to focus on its core business - the design and manufacture of submersible petroleum and water pumps and leak detection devices," said Robert J Moore, president of Marley Pump.
NETZSCH HIGHLIGHTS SKILLS SHORTAGE Thomas Netzsch, chairman of the Netzsch Group, says he regards the future number of qualified technicians and engineers "with some concern". "There are definitely not enough students enrolling in engineering courses," Netzsch admitted. Speaking at the presentation of the Group's fiscal 1997/98 financial results, Netzsch said his company would be continuing to train technicians and engineers in the coming years. To celebrate the
16
firm's 125 th anniversary in 1998, Netzsch-Group started a training and qualification initiative. About 8.3 per cent of Netzsch's German employees are now apprentices, a figure significantly above the 7 per cent mechanical engineering industry average. For the year ended 30 June 1998, Netzsch achieved 3 per cent growth in consolidated turnover of DM380 million, while unconsolidated turnover increased 5.7 per cent to DM406 million. Analysing and Testing; Filtration; Grinding & Dispersing; and Pumps all extended their global sales and service network during the year. Joint ventures were set up in Russia and in Slovakia and the Group continued to expand in Asia, despite the difficult economic climate. Thomas Netzsch is convinced that the worst is now over for the Asia Pacific region. He sees a large market for Netzsch products in China and would like to build up an extensive sales and service network in South America. Joint chairman Jtirgen Schaefer said turnover and incoming orders both fell in the first quarter of fiscal 1998/99, but results to date of the second quarter (October and November) show increases in orders and turnover. Steps have been taken to ensure that Germany remains the headquarters of Netzsch's four business units. Part of production of the Pumps business unit is to be moved back to Germany, so that a higher production capacity can be achieved there.
KSB ENGINEERING COMPANY STARTS OPERATIONS Pump and valve supplier KSB has reorganised its engineering activities in the pumping station and hydraulic system construction sector.
From 1 January 1999, the autonomous KSB Fluid Systems GmbH, based in Frankenthai, will offer customised allin solutions for water and waste water management applications. As a result, KSB has grouped its plant engineering and electronic systems' specialists in the new subsidiary, offering turnkey pumping stations to industrial and municipal operators, as well as engineering services.
FLOWSERVE EXPANDS EUROPEAN VALVE-REPAIR OPERATIONS Flowserve has acquired industrial valve service and repair companies ARS Lokeren of Belgium, and ZAR Beheer BV of the Netherlands. The firms specialise in the repair of control, manual and safety-relief valves, and together expect to report 1998 revenues of more than US$10 million. They have service and repair facilities near Rotterdam, the Netherlands, and Ghent and Antwerp, Belgium. With the ARS and ZAR acquisitions, Flowserve gains important market share in the European valve-repair business. Bernard G Rethore, Flowserve chairman, president and chief executive officer, said the acquisitions would not only give Flowserve a significantly enhanced capability in the northwestern European valverepair business, but would also provide an increased opportunity for valve sales, as well as a base for developing high-quality valve-service operations in other areas of Europe. Flowserve operates more than 85 service and quick response centres around the world that support its valve, seal and pump products, including facilities in Belgium, France, Germany, Italy, the Netherlands and Spain.
the address indicated.
above,
Because of rapid advances in the
this publication does not constitute a guarantee or endorsement of the qua|ity or value of such product or of the claims made o f it by its manufacturer.
02167 Printed by Professional Book Supplies, Oxon, UK.
Illl Ill IIIIllll Ill
February 1999
L-II-i3 4 4 !30 ;;
MARLEY PUMP EXITS MOTOR BUSINESS
Z < Z
United Dominion Industries has sold the motor product line assets of Marley Pump to Franklin Electric. Marley Pump will continue to manufacture and sell its Red Jacket petroleum and water pumps but will no longer manufacture the motors for them, following a transition period. Terms of the transaction were not disclosed. In addition, Marley has agreed with FE Petro, a subsidiary of Franklin Electric, to settle all litigation between them on the basis of an exchange of crosslicenses under each company's respective patents. This will allow the companies to continue selling their own product lines. Other terms of this agreement were not disclosed. "Settling the patent disputes between Marley Pump and FE Petro along with the sale of the motor assets will allow Marley Pump to focus on its core business - the design and manufacture of submersible petroleum and water pumps and leak detection devices," said Robert J Moore, president of Marley Pump.
NETZSCH HIGHLIGHTS SKILLS SHORTAGE Thomas Netzsch, chairman of the Netzsch Group, says he regards the future number of qualified technicians and engineers "with some concern". "There are definitely not enough students enrolling in engineering courses," Netzsch admitted. Speaking at the presentation of the Group's fiscal 1997/98 financial results, Netzsch said his company would be continuing to train technicians and engineers in the coming years. To celebrate the
16
firm's 125 th anniversary in 1998, Netzsch-Group started a training and qualification initiative. About 8.3 per cent of Netzsch's German employees are now apprentices, a figure significantly above the 7 per cent mechanical engineering industry average. For the year ended 30 June 1998, Netzsch achieved 3 per cent growth in consolidated turnover of DM380 million, while unconsolidated turnover increased 5.7 per cent to DM406 million. Analysing and Testing; Filtration; Grinding & Dispersing; and Pumps all extended their global sales and service network during the year. Joint ventures were set up in Russia and in Slovakia and the Group continued to expand in Asia, despite the difficult economic climate. Thomas Netzsch is convinced that the worst is now over for the Asia Pacific region. He sees a large market for Netzsch products in China and would like to build up an extensive sales and service network in South America. Joint chairman Jtirgen Schaefer said turnover and incoming orders both fell in the first quarter of fiscal 1998/99, but results to date of the second quarter (October and November) show increases in orders and turnover. Steps have been taken to ensure that Germany remains the headquarters of Netzsch's four business units. Part of production of the Pumps business unit is to be moved back to Germany, so that a higher production capacity can be achieved there.
KSB ENGINEERING COMPANY STARTS OPERATIONS Pump and valve supplier KSB has reorganised its engineering activities in the pumping station and hydraulic system construction sector.
From 1 January 1999, the autonomous KSB Fluid Systems GmbH, based in Frankenthai, will offer customised allin solutions for water and waste water management applications. As a result, KSB has grouped its plant engineering and electronic systems' specialists in the new subsidiary, offering turnkey pumping stations to industrial and municipal operators, as well as engineering services.
FLOWSERVE EXPANDS EUROPEAN VALVE-REPAIR OPERATIONS Flowserve has acquired industrial valve service and repair companies ARS Lokeren of Belgium, and ZAR Beheer BV of the Netherlands. The firms specialise in the repair of control, manual and safety-relief valves, and together expect to report 1998 revenues of more than US$10 million. They have service and repair facilities near Rotterdam, the Netherlands, and Ghent and Antwerp, Belgium. With the ARS and ZAR acquisitions, Flowserve gains important market share in the European valve-repair business. Bernard G Rethore, Flowserve chairman, president and chief executive officer, said the acquisitions would not only give Flowserve a significantly enhanced capability in the northwestern European valverepair business, but would also provide an increased opportunity for valve sales, as well as a base for developing high-quality valve-service operations in other areas of Europe. Flowserve operates more than 85 service and quick response centres around the world that support its valve, seal and pump products, including facilities in Belgium, France, Germany, Italy, the Netherlands and Spain.
the address indicated.
above,
Because of rapid advances in the
this publication does not constitute a guarantee or endorsement of the qua|ity or value of such product or of the claims made o f it by its manufacturer.
02167 Printed by Professional Book Supplies, Oxon, UK.