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Business news
WORLD PUMPS
(WYPS
Weir funds research centre Atlas Copco seals at University of Strathclyde JC Carter acquisition The Weir Group is investing almost £2 million in a dedicated research facility at The University of Strathclyde’s newly established Technology and Innovation Centre (TIC) in Glasgow, Scotland.
(WARC) with an initial £1.9 million investment over three years, with funding for year four onwards to be agreed each year under a rolling programme. Weir will also create four PhD studentships per year.
Weir will fund the Weir Advanced Research Centre
www.weir.co.uk www.strath.ac.uk
HI elects new 2011 board and officers The Hydraulic Institute, the largest association of pump manufacturers and suppliers to the pump industry in North America, has a new board of directors and officers in place for 2011. Ken Napolitano, president of ITT - Residential & Commercial Water, is the newly elected chairman of the HI board. Napolitano served as 2010 president of the HI. Dean Douglas, president of Dover Pump Solutions Group, becomes HI president, having served as vice president, member services in 2010. The new board also includes three vice presidents: Dave McKinstry, VP, IMO Colfax, was re-elected as VP of technical affairs; Dave Roland, president,
Pentair Water - Engineered Flow GBU, will serve as VP, member services; and Mike Medaska, VP, ARO Fluid Products, is the new VP, knowledge & education. Additional HI board members include Rich Heppe, president, Nidec Motor Corp; Chad Tuttle, COO Americas, ClydeUnion; Dave Brockway, president, Intelliquip Inc; Tom Conroy, VP and general manager, Chempump - A Division of Teikoku USA Inc; Bob Hendricks, VP, Flowserve; Suellen Torregrosa, VP and general manager, Hamilton/Sundstrand; and Dennis Wierzbicki, general manager, Grundfos, USA. www.pumps.org www.pumplearning.org
ClydeUnion establishes JV in Indonesia ClydeUnion Pumps has set up a joint venture with PT Duraquipt Cemerlang in Indonesia. PT ClydeUnion Pumps Indonesia (PT CUPI) will package and test ClydeUnion pumps, and offer service and support for products in the field.
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PT Duraquipt Cemerlang currently imports pumps and pump parts and combines them with locally made accessories. This is the first joint venture in South East Asia for ClydeUnion Pumps. www.clydeunion.com www.ptdqc.com
Atlas Copco Mafi-Trench has completed the acquisition of JC Carter’s pump business. Headquartered in California, USA, JC Carter produces cryogenic submerged motor pumps, which are used mainly in liquid natural gas regasification and liquefaction plants, and natural gas liquid processing.
The pump company had revenues of approximately US$25 million in 2009 and around 70 employees. The acquired pump business will become part of Atlas Copco’s Gas and Process Division. www.atlascopco.com www.jccarterpumps.com
Grundfos outlines plans for global wastewater, water supply competence centre Grundfos is setting up a new global competence centre for wastewater and water supply based near Copenhagen in Denmark. The new competence centre, which will support more than 50 Grundfos sales companies, will initially target a number of Central European markets and will later focus on large markets in Asia and America. “This initiative takes the customer as its starting point
and is intended to ensure strong integration across the organisation and an even closer dialogue among the sales, development and manufacturing functions. Our ambition is, relatively quickly, to gain a prominent position within wastewater and water supply and to achieve a market share of at least 10%,” said Grundfos executive vice president Søren Ø Sørensen. www.grundfos.com
Asia to account for 43% of world pump market in 2011 Forty three percent of industrial pumps sold this year will be installed in Asia.
investments in pumps for power, water, wastewater and many basic industries.
This is the latest forecast in the McIlvaine Co’s Pumps World Market, an online continually updated report on the pump market.
McIlvaine estimates that the world market for industrial pumps will be worth just under US$35 billion in 2011. Municipal wastewater plants will account for 23% of the total purchases, while municipal drinking water systems will account for 16%.
Asia will account for pump purchases of just under US$15 billion this year, with China leading the way with major
www.mcilvainecompany.com