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OTC buys industrial pump and repair business in North Carolina
NEWS
EKKI Pumps establishes Flowrox sets up Centre at Excellence subsidiary in Peru at Indian engineering inland’s Flowrox has officially opened its ninth subsidiary, F college Flowrox SAC in Lima, Peru.
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KKI Pumps has inaugurated the EKKI-MCET International Water Technology Centre (EIWTC) at the Dr Mahalingam College of Engineering & Technology (MCET) in Pollachi, Coimbatore district, Tamil Nadu, India. Set up in collaboration with MCET and Nachimuthu Polytechnic College, the EKKI-MCET International Water Technology Centre (EIWTC) is a global centre of excellence for pumps and waterrelated technologies. The centre, which will exchange best practices in teaching and research for the pump industry and water-related technologies, is equipped with a product galleria, pump testing fluid factory and a knowledge transfer classroom. Kanishka Arumugam, director of EKKI and Deccan Pumps Pvt Ltd, said their mission is to create a world-class centre of excellence that focuses on making significant difference to the pump industry and waterrelated technologies. “We believe it is vital to encourage young people to consider a career in the pump industry and water-related technologies. The only way we can do this is to provide them with the information and support they need to make an informed career choice,” said Arumugam. “We have seen how academic institutions and industry can work together successfully on the lines of Fraunhofer in Germany and the Warwick Manufacturing Group in England. Collaboration with academia and lifelong learning will be a crucial component to help achieve our growth plans at EKKI and Deccan.” Dr Mahalingam College of Engineering & Technology (MCET), which was established in 1998, is a private, autonomous, self-financing, co-educational institution approved by the All India Council for Technical Education (AICTE) and affiliated to the Anna University.
For further information, visit www.ekkigroup.com and www.mcet.in
September 2019
“Establishment of a subsidiary in Peru is an important part of our long-term strategic plan to improve Flowrox’s capabilities to support customers in Peru. Especially the strong support from our Peruvian customers encouraged us to proceed with this strategic investment,” said Jukka Koskela, CEO and president of Flowrox Group. “Flowrox offering includes our wellknown pinch and knife gate valves, heavyduty slurry pumps, filtration systems, filter spares and related services. Investments to product development and customer support continue and new, even better products will be brought to the market,” said Fernando Henriquez, general manager of Flowrox Peru SAC. Flowrox already has subsidiaries in Australia, Chile, China, South Africa, Russia, Sweden and the United States as well as more than 230 sales representatives in over 80 countries. For further information, visit www.flowrox.com
and service repairs. This service centre also allows us to support our long-term growth vision by continuing to invest in local infrastructure and talent.” Additional facility capabilities include customer training; enhanced efficiency with facility floor redesign and new seal testing technologies; fully equipped seal workshops; and seal installation and commissioning support. “John Crane has had a manufacturing presence in Livorno for nearly 23 years; however, with the extension of these service centre capabilities, coupled with the increased size of the facility, we can now directly provide faster repair service and customer support to those that need it,” explained Nico Schmaeling, vice president, GeoMarket Europe at John Crane. John Crane has recently opened a super service centre in Pune, India; a service centre in Yeosu, South Korea; and the first dry gas seal repair and test facility in Qatar in partnership with oil and gas and energy service provider Al-Ahed Trading and Contracting Co (see Pump Industry Analyst, May and June 2019). Earlier in the year, John Crane announced the opening of a new service centre in Shannon, Ireland (see Pump Industry Analyst, January 2019). For further information, visit www.johncrane.com
John Crane relocates to larger service facility OTC buys industrial in Italy pump and repair business in ealing specialist John Crane has moved to a new, larger service S North Carolina centre in Livorno, Italy. Located on the west coast of Tuscany, the new Livorno service centre is twice the size of the previous facility. It enhances John Crane’s local service and support network for OEM and end user customers serving oil and gas, power generation, chemical, pharmaceutical production, and pulp and paper markets. “The move to a larger facility is a testament to the business growth and customer relationships we have established,” said Antonio Bersellini, John Crane’s general manager, Sales and Aftermarket Italy. “The aim of this new service centre is to enable effective and efficient operations for our customers through the reduction of downtime costs
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hio Transmission Corporation (OTC) has acquired Pumps, Parts and Service Inc (PP&S), an industrial pump and repair business in the southeastern United States. Headquartered in Charlotte, North Carolina, PP&S was established in 1980 by Ray Miller as a two-person sales office representing just one pump manufacturer. The company is now a regional distributor of rotating and process equipment serving industrial, municipal and energy markets. PP&S’s multi-state, multi-brand distributorship includes regional sales and service centres that cover Alabama,
Pump Industry Analyst
3
CALENDAR/NEWS
Financial Calendar 16 October 2019 Fluidra Investor Day, Barcelona, Spain 21 October 2019 Atlas Copco Q3 2019 Report 23 October 2019 Sulzer Order Intake Q1–Q3 2019 24 October 2019 Alfa Laval Q3 2019 Report Valmet Interim Review January–September 2019 25 October 2019 GEA Q3 2019 Statement Metso Q3 2019 Results 29 October 2019 Metso Extraordinary General Meeting Outotec Extraordinary General Meeting 31 October 2019 Outotec Interim Report January–September 2019 Xylem Q3 2019 Results 5–7 November 2019 Baird Global Industrial Conference, Chicago, USA 5 November 2019 Pfeiffer Vacuum Q3 2019 Results 6 November 2019 Andritz Q3 2019 Results 8 November 2019 Interpump Q3 2019 Review 13 November 2019 KSB Interim Report January–September 2019 21 November 2019 Outotec Capital Markets Day, Espoo, Finland 5 December 2019 Alfa Laval Capital Markets Day 28 January 2020 Atlas Copco Q4 2019 Report 30 January 2020 KSB Preliminary Figures for Business Year 2019 4 February 2020 Alfa Laval Q4 2019 Report 5 February 2020 Valmet 2019 Financial Statements Review 4 March 2020 Andritz 2019 Results 19 March 2020 Valmet Annual General Meeting
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Pump Industry Analyst
Georgia, North Carolina, South Carolina and Virginia. Philip Derrow, president and CEO of OTC, said they have known of PP&S for more than 30 years as a fellow Flowserve distributor. “PP&S has always been well-respected in its markets and the company has continued to improve its market position by providing exceptional service to customers over the years,” said Derrow. “The addition of the PP&S team to the OTC family will provide even better service and greater capabilities to all of our customers and will provide new opportunities for our associates.” PP&S will become a division of OTP Industrial Solutions, which provides technical sales and service for industrial automation, motion control, fluid power, pumps, spray finishing, sealant and adhesive application and power transmission systems and products. PP&S will continue to operate under its current name and with local management, including Miller, who will lead the team through an orderly transition, and his business partner, Mike Dysart, general manager of the environmental division. “The PP&S team will obviously become an integral part of our industrial pump and repair service offerings in the southeastern United States,” said Rob Webb, president of OTP Industrial Solutions. “The two companies have a shared commitment to providing customers with exceptional service and innovative products, and there is a great alignment in culture.” “The amount of resources that OTP offers will accelerate the growth of both the business and the people, resulting in greater success,” said Miller. “In return, PP&S offers OTP a powerful brand – including people, customers and vendors – built over the last 39-plus years in the Southeast region, one of the fastest growing industrial areas in the country.” OTC recently expanded its pump, filtration, service and fabrication business with the acquisition of Furey Filter & Pump Inc and its subsidiary PSI Engineering LLC (see Pump Industry
Analyst, June 2019). Together, the two companies employ 65 people in Wisconsin and Minnesota. Earlier this year US private equity firm Genstar Capital acquired OTC from Irving Place Capital, in partnership with management (see Pump Industry Analyst, April 2019). • OTC has also acquired Tennessee’s IDG Compressor, a full-service distributor of Quincy Compressor products and services for more than 30 years. IDG Compressor, part of the Sonepar/Vallen Distribution network, has locations in the Tennessee cities of Chattanooga, Knoxville and Nashville and remote operations in parts of Kentucky and Georgia. The company will now become a division of OTC’s Air Technologies, a compressed air system equipment and service provider. For further information, visit www.otpnet.com, www.pp-s.com and www.idgcompressor.com
Metso expands remote monitoring in Chile and China
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etso is investing in its remote monitoring services for the mining industry by opening its first performance centre in Santiago, Chile, and planning for a second centre in Changsha, China. The new Metso performance centres provide continuous automated monitoring, improvements and predictive maintenance services for customers’ mineral processing equipment, components and processes. Metso has plans to open additional performance centres in major mining regions over the next two years. The first Metso performance centre has started its operations in temporary facilities in Santiago and will soon move to new, customised premises. The centre employs a multi-disciplinary team of experts who analyse incoming data to help customers optimise their equipment
September 2019
EKKI Pumps establishes Flowrox sets up Centre at Excellence subsidiary in Peru at Indian engineering inland’s Flowrox has officially opened its ninth subsidiary, F college Flowrox SAC in Lima, Peru.
E
KKI Pumps has inaugurated the EKKI-MCET International Water Technology Centre (EIWTC) at the Dr Mahalingam College of Engineering & Technology (MCET) in Pollachi, Coimbatore district, Tamil Nadu, India. Set up in collaboration with MCET and Nachimuthu Polytechnic College, the EKKI-MCET International Water Technology Centre (EIWTC) is a global centre of excellence for pumps and waterrelated technologies. The centre, which will exchange best practices in teaching and research for the pump industry and water-related technologies, is equipped with a product galleria, pump testing fluid factory and a knowledge transfer classroom. Kanishka Arumugam, director of EKKI and Deccan Pumps Pvt Ltd, said their mission is to create a world-class centre of excellence that focuses on making significant difference to the pump industry and waterrelated technologies. “We believe it is vital to encourage young people to consider a career in the pump industry and water-related technologies. The only way we can do this is to provide them with the information and support they need to make an informed career choice,” said Arumugam. “We have seen how academic institutions and industry can work together successfully on the lines of Fraunhofer in Germany and the Warwick Manufacturing Group in England. Collaboration with academia and lifelong learning will be a crucial component to help achieve our growth plans at EKKI and Deccan.” Dr Mahalingam College of Engineering & Technology (MCET), which was established in 1998, is a private, autonomous, self-financing, co-educational institution approved by the All India Council for Technical Education (AICTE) and affiliated to the Anna University.
For further information, visit www.ekkigroup.com and www.mcet.in
September 2019
“Establishment of a subsidiary in Peru is an important part of our long-term strategic plan to improve Flowrox’s capabilities to support customers in Peru. Especially the strong support from our Peruvian customers encouraged us to proceed with this strategic investment,” said Jukka Koskela, CEO and president of Flowrox Group. “Flowrox offering includes our wellknown pinch and knife gate valves, heavyduty slurry pumps, filtration systems, filter spares and related services. Investments to product development and customer support continue and new, even better products will be brought to the market,” said Fernando Henriquez, general manager of Flowrox Peru SAC. Flowrox already has subsidiaries in Australia, Chile, China, South Africa, Russia, Sweden and the United States as well as more than 230 sales representatives in over 80 countries. For further information, visit www.flowrox.com
and service repairs. This service centre also allows us to support our long-term growth vision by continuing to invest in local infrastructure and talent.” Additional facility capabilities include customer training; enhanced efficiency with facility floor redesign and new seal testing technologies; fully equipped seal workshops; and seal installation and commissioning support. “John Crane has had a manufacturing presence in Livorno for nearly 23 years; however, with the extension of these service centre capabilities, coupled with the increased size of the facility, we can now directly provide faster repair service and customer support to those that need it,” explained Nico Schmaeling, vice president, GeoMarket Europe at John Crane. John Crane has recently opened a super service centre in Pune, India; a service centre in Yeosu, South Korea; and the first dry gas seal repair and test facility in Qatar in partnership with oil and gas and energy service provider Al-Ahed Trading and Contracting Co (see Pump Industry Analyst, May and June 2019). Earlier in the year, John Crane announced the opening of a new service centre in Shannon, Ireland (see Pump Industry Analyst, January 2019). For further information, visit www.johncrane.com
John Crane relocates to larger service facility OTC buys industrial in Italy pump and repair business in ealing specialist John Crane has moved to a new, larger service S North Carolina centre in Livorno, Italy. Located on the west coast of Tuscany, the new Livorno service centre is twice the size of the previous facility. It enhances John Crane’s local service and support network for OEM and end user customers serving oil and gas, power generation, chemical, pharmaceutical production, and pulp and paper markets. “The move to a larger facility is a testament to the business growth and customer relationships we have established,” said Antonio Bersellini, John Crane’s general manager, Sales and Aftermarket Italy. “The aim of this new service centre is to enable effective and efficient operations for our customers through the reduction of downtime costs
O
hio Transmission Corporation (OTC) has acquired Pumps, Parts and Service Inc (PP&S), an industrial pump and repair business in the southeastern United States. Headquartered in Charlotte, North Carolina, PP&S was established in 1980 by Ray Miller as a two-person sales office representing just one pump manufacturer. The company is now a regional distributor of rotating and process equipment serving industrial, municipal and energy markets. PP&S’s multi-state, multi-brand distributorship includes regional sales and service centres that cover Alabama,
Pump Industry Analyst
3
CALENDAR/NEWS
Financial Calendar 16 October 2019 Fluidra Investor Day, Barcelona, Spain 21 October 2019 Atlas Copco Q3 2019 Report 23 October 2019 Sulzer Order Intake Q1–Q3 2019 24 October 2019 Alfa Laval Q3 2019 Report Valmet Interim Review January–September 2019 25 October 2019 GEA Q3 2019 Statement Metso Q3 2019 Results 29 October 2019 Metso Extraordinary General Meeting Outotec Extraordinary General Meeting 31 October 2019 Outotec Interim Report January–September 2019 Xylem Q3 2019 Results 5–7 November 2019 Baird Global Industrial Conference, Chicago, USA 5 November 2019 Pfeiffer Vacuum Q3 2019 Results 6 November 2019 Andritz Q3 2019 Results 8 November 2019 Interpump Q3 2019 Review 13 November 2019 KSB Interim Report January–September 2019 21 November 2019 Outotec Capital Markets Day, Espoo, Finland 5 December 2019 Alfa Laval Capital Markets Day 28 January 2020 Atlas Copco Q4 2019 Report 30 January 2020 KSB Preliminary Figures for Business Year 2019 4 February 2020 Alfa Laval Q4 2019 Report 5 February 2020 Valmet 2019 Financial Statements Review 4 March 2020 Andritz 2019 Results 19 March 2020 Valmet Annual General Meeting
4
Pump Industry Analyst
Georgia, North Carolina, South Carolina and Virginia. Philip Derrow, president and CEO of OTC, said they have known of PP&S for more than 30 years as a fellow Flowserve distributor. “PP&S has always been well-respected in its markets and the company has continued to improve its market position by providing exceptional service to customers over the years,” said Derrow. “The addition of the PP&S team to the OTC family will provide even better service and greater capabilities to all of our customers and will provide new opportunities for our associates.” PP&S will become a division of OTP Industrial Solutions, which provides technical sales and service for industrial automation, motion control, fluid power, pumps, spray finishing, sealant and adhesive application and power transmission systems and products. PP&S will continue to operate under its current name and with local management, including Miller, who will lead the team through an orderly transition, and his business partner, Mike Dysart, general manager of the environmental division. “The PP&S team will obviously become an integral part of our industrial pump and repair service offerings in the southeastern United States,” said Rob Webb, president of OTP Industrial Solutions. “The two companies have a shared commitment to providing customers with exceptional service and innovative products, and there is a great alignment in culture.” “The amount of resources that OTP offers will accelerate the growth of both the business and the people, resulting in greater success,” said Miller. “In return, PP&S offers OTP a powerful brand – including people, customers and vendors – built over the last 39-plus years in the Southeast region, one of the fastest growing industrial areas in the country.” OTC recently expanded its pump, filtration, service and fabrication business with the acquisition of Furey Filter & Pump Inc and its subsidiary PSI Engineering LLC (see Pump Industry
Analyst, June 2019). Together, the two companies employ 65 people in Wisconsin and Minnesota. Earlier this year US private equity firm Genstar Capital acquired OTC from Irving Place Capital, in partnership with management (see Pump Industry Analyst, April 2019). • OTC has also acquired Tennessee’s IDG Compressor, a full-service distributor of Quincy Compressor products and services for more than 30 years. IDG Compressor, part of the Sonepar/Vallen Distribution network, has locations in the Tennessee cities of Chattanooga, Knoxville and Nashville and remote operations in parts of Kentucky and Georgia. The company will now become a division of OTC’s Air Technologies, a compressed air system equipment and service provider. For further information, visit www.otpnet.com, www.pp-s.com and www.idgcompressor.com
Metso expands remote monitoring in Chile and China
M
etso is investing in its remote monitoring services for the mining industry by opening its first performance centre in Santiago, Chile, and planning for a second centre in Changsha, China. The new Metso performance centres provide continuous automated monitoring, improvements and predictive maintenance services for customers’ mineral processing equipment, components and processes. Metso has plans to open additional performance centres in major mining regions over the next two years. The first Metso performance centre has started its operations in temporary facilities in Santiago and will soon move to new, customised premises. The centre employs a multi-disciplinary team of experts who analyse incoming data to help customers optimise their equipment
September 2019