- Email: [email protected]
Hayward Tyler begins Luton expansion
NEWS
Norvestor takes majority stake in PG Group
N
orwegian private equity firm Norvestor Equity AS has become the majority shareholder in PG Group (see Pump Industry Analyst, October 2014). Norvestor now owns approximately 63% of the company’s shares, with PG CEO Roy Norum and vice president Oil & Gas Mads Gjerdrum holding the remaining 37%. PG is a group of companies specializing in liquid handling solutions, operating within the offshore oil & gas and maritime industries. The core business is pumps and pumping systems. The company had revenues of NOK552 million in 2013. For further information, visit www.pg-marinegroup. com and www.norvestor.com
Hayward Tyler begins Luton expansion
W
ork has started on Hayward Tyler Group plc’s planned expansion of its main manufacturing facilities in Luton, UK, following the recent £3.5 million Regional Growth Fund award (see Pump Industry Analyst, April 2014). Demolition and site clearance of structures on Hayward Tyler land next to its main manufacturing centre in Luton is scheduled for completion in late February 2015. This will allow the company to move ahead with the planned expansion of its current facilities at the site. As well as increasing Hayward Tyler’s production capacity and operating efficiencies, the Regional Growth Fund backed project will create assembly lines and dedicated test pits for each of the company’s energy markets - civil nuclear, conventional power and oil & gas. The factory footprint will increase by approximately 50% which, combined with the on-going operational improvements, should double potential capacity. Hayward Tyler has also drawn down the first tranche of its Civil Nuclear Sharing in Growth Grant (see Pump Industry Analyst, August 2014). Over 90% of Hayward Tyler’s 220 staff in Luton have now passed two 16
Pump Industry Analyst
core training modules under the company’s Continuous Improvement Programme. As part of the firm’s commitment to Best in Class training excellence, Hayward Tyler has also hired an additional training and development manager at its Luton centre. Ewan Lloyd-Baker, CEO of Hayward Tyler, said: “We continue to remain positive about the longer term opportunities in our end markets which underlines the need for us to both expand capacity and improve efficiencies at our main manufacturing facility in Luton. We are also pleased by the growing interest in civil nuclear activity in the UK which has resulted in our appointment of a dedicated business development manager to capitalise on the opportunities we now see.” For further information, visit www.haywardtyler.com
Milton Roy to open service centre in the Middle East
M
ilton Roy and Proserv Middle East have signed a memorandum of understanding (MOU) to establish a service centre to cover Dubai, Abu Dhabi and Qatar. The service centre will commission and maintain semi-industrial and industrial products manufactured by Milton Roy Europe. Milton Roy is the world’s largest manufacturer of controlled volume metering pumps, while Proserv is an energy services company for the global oil & gas industry. Proserv employs more than 2200 people based at 31 sites in 11 countries, and has two facilities in the United Arab Emirates and one in Qatar. Gregory Yeakle, managing director of Milton Roy EMEA, said: “We are delighted to be working with Proserv Middle East on the first Service Center. This is an important move for us, and underlines the priority of delivering the best performing products and maintaining their quality throughout their lifecycle.” Andy Anderson, region president of Proserv Middle East, said: “We are truly excited to work with such a renowned company as Milton Roy. We aim to bring local blue chip services to our existing and new clients across the Middle East and build upon the reputation of both brands - global quality, local service.”
For further information, visit www.miltonroy.com and www.proserv.com
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] Executive Publisher: Laney Zhou Subscription Information An annual subscription to Pump Industry Analyst includes 12 issues and online access for up to 5 users. Prices: 1356 for all European countries & Iran US$1520 for all countries except Europe and Japan ¥180 300 for Japan (Prices valid until 31 December 2014) 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
December 2014
Norvestor takes majority stake in PG Group
N
orwegian private equity firm Norvestor Equity AS has become the majority shareholder in PG Group (see Pump Industry Analyst, October 2014). Norvestor now owns approximately 63% of the company’s shares, with PG CEO Roy Norum and vice president Oil & Gas Mads Gjerdrum holding the remaining 37%. PG is a group of companies specializing in liquid handling solutions, operating within the offshore oil & gas and maritime industries. The core business is pumps and pumping systems. The company had revenues of NOK552 million in 2013. For further information, visit www.pg-marinegroup. com and www.norvestor.com
Hayward Tyler begins Luton expansion
W
ork has started on Hayward Tyler Group plc’s planned expansion of its main manufacturing facilities in Luton, UK, following the recent £3.5 million Regional Growth Fund award (see Pump Industry Analyst, April 2014). Demolition and site clearance of structures on Hayward Tyler land next to its main manufacturing centre in Luton is scheduled for completion in late February 2015. This will allow the company to move ahead with the planned expansion of its current facilities at the site. As well as increasing Hayward Tyler’s production capacity and operating efficiencies, the Regional Growth Fund backed project will create assembly lines and dedicated test pits for each of the company’s energy markets - civil nuclear, conventional power and oil & gas. The factory footprint will increase by approximately 50% which, combined with the on-going operational improvements, should double potential capacity. Hayward Tyler has also drawn down the first tranche of its Civil Nuclear Sharing in Growth Grant (see Pump Industry Analyst, August 2014). Over 90% of Hayward Tyler’s 220 staff in Luton have now passed two 16
Pump Industry Analyst
core training modules under the company’s Continuous Improvement Programme. As part of the firm’s commitment to Best in Class training excellence, Hayward Tyler has also hired an additional training and development manager at its Luton centre. Ewan Lloyd-Baker, CEO of Hayward Tyler, said: “We continue to remain positive about the longer term opportunities in our end markets which underlines the need for us to both expand capacity and improve efficiencies at our main manufacturing facility in Luton. We are also pleased by the growing interest in civil nuclear activity in the UK which has resulted in our appointment of a dedicated business development manager to capitalise on the opportunities we now see.” For further information, visit www.haywardtyler.com
Milton Roy to open service centre in the Middle East
M
ilton Roy and Proserv Middle East have signed a memorandum of understanding (MOU) to establish a service centre to cover Dubai, Abu Dhabi and Qatar. The service centre will commission and maintain semi-industrial and industrial products manufactured by Milton Roy Europe. Milton Roy is the world’s largest manufacturer of controlled volume metering pumps, while Proserv is an energy services company for the global oil & gas industry. Proserv employs more than 2200 people based at 31 sites in 11 countries, and has two facilities in the United Arab Emirates and one in Qatar. Gregory Yeakle, managing director of Milton Roy EMEA, said: “We are delighted to be working with Proserv Middle East on the first Service Center. This is an important move for us, and underlines the priority of delivering the best performing products and maintaining their quality throughout their lifecycle.” Andy Anderson, region president of Proserv Middle East, said: “We are truly excited to work with such a renowned company as Milton Roy. We aim to bring local blue chip services to our existing and new clients across the Middle East and build upon the reputation of both brands - global quality, local service.”
For further information, visit www.miltonroy.com and www.proserv.com
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] Executive Publisher: Laney Zhou Subscription Information An annual subscription to Pump Industry Analyst includes 12 issues and online access for up to 5 users. Prices: 1356 for all European countries & Iran US$1520 for all countries except Europe and Japan ¥180 300 for Japan (Prices valid until 31 December 2014) 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
December 2014