- Email: [email protected]
Pentair merges with Tyco's Flow business
NEWS
Wilo opens new manufacturing facility in Beijing
W
ilo SE has officially opened a new production facility in Beijing, China, following an investment of more than E24 million. With the new plant, Wilo’s Chinese subsidiary in Beijing has increased is floor space to 20 000 sq m. Wilo intends to build on its market position in China through the new facility, and offer a faster delivery service to its customers in Asia. About 900 people currently work for Wilo in China. The pump company has been present in the Chinese market since 1995. “The Asia-Pacific region is currently the most dynamic economic region in the world,” said Wilo Group CEO Oliver Hermes. “This explains why Asia, and China in particular, plays an important role in our growth strategy. With this new, highly modern production facility in Beijing, Wilo is taking account of the current economic situation.” For further information, visit www.wilo.de
CRI Pumps acquires UK pumping solutions business
I
ndia’s CRI Pumps Pvt Ltd has signed a business transfer agreement with Pumps & Process Systems Ltd to acquire the Glasgow, UK-based company’s pumping solutions operations. This agreement will expand CRI Pumps’ industrial pumping solutions for pulp, slurry and chemical handling for a range of industries including paper mills, metals and mining, power, coal, chemicals and petrochemicals, and food and beverages. CRI Pumps plans to invest in a new dedicated manufacturing facility in India with testing. The company will also carry out further product developments and improvements along with a team of Pumps & Process Systems professionals stationed in India. 16
Pump Industry Analyst
G Soundararajan, vice chairman of CRI Pumps, said: “CRI has strategic plans to enter into the production of a variety of pumps for different industrial applications. CRI today is already supplying products to general water supply, power, petrochemicals, cements, metals and mining industry. With the addition of this product range, for which there are only few manufacturers worldwide, and its strong manufacturing and R&D capability, CRI will be able to offer specific, effective and efficient solutions to meet the growing industry demands.” Founded in 1991, Pumps & Process Systems supplies pumps to a number of countries including the UK, Canada, USA, Australia, South Africa, Indonesia and Chile. For further information, visit www.cripumps.in
Pentair merges with Tyco’s Flow business
P
entair Inc has completed its merger with Tyco International Ltd’s Flow Control business, creating Pentair Ltd (see Pump Industry Analyst, April 2012). “We now have an even stronger company, with the scale to capitalise on our growth opportunities, unlock substantial synergies and generate strong shareholder returns,” said Randall Hogan, chairman and CEO of Pentair Ltd. “We have significantly increased our global presence, and together have a broader offering and expanded capabilities for our customers. Looking forward, we believe Pentair is uniquely positioned to benefit from the increased demands on energy, water, infrastructure and agriculture resulting from the growing population and wealth of the world.” Pentair Ltd now has 30 000 employees and operates more than 100 manufacturing facilities. “We are excited to welcome Flow Control employees to Pentair,” said Hogan. “We believe our shared vision and commitment to operational excellence through Pentair’s Integrated Management System will lead to better growth and success.” While Pentair Ltd is incorporated in Switzerland, its main US offices remain in Minneapolis, Minnesota. Pentair Ltd common shares are now traded on the New York Stock Exchange under the symbol PNR, which was Pentair Inc’s trading symbol prior to the merger.
For further information, visit www.pentair.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] Publisher: David Hopwood Subscription Information An annual subscription to Pump Industry Analyst includes 12 issues and online access for up to 5 users. Prices: 1232 for all European countries & Iran US$1382 for all countries except Europe and Japan ¥163 800 for Japan (Prices valid until 31 December 2012) 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
October 2012
Wilo opens new manufacturing facility in Beijing
W
ilo SE has officially opened a new production facility in Beijing, China, following an investment of more than E24 million. With the new plant, Wilo’s Chinese subsidiary in Beijing has increased is floor space to 20 000 sq m. Wilo intends to build on its market position in China through the new facility, and offer a faster delivery service to its customers in Asia. About 900 people currently work for Wilo in China. The pump company has been present in the Chinese market since 1995. “The Asia-Pacific region is currently the most dynamic economic region in the world,” said Wilo Group CEO Oliver Hermes. “This explains why Asia, and China in particular, plays an important role in our growth strategy. With this new, highly modern production facility in Beijing, Wilo is taking account of the current economic situation.” For further information, visit www.wilo.de
CRI Pumps acquires UK pumping solutions business
I
ndia’s CRI Pumps Pvt Ltd has signed a business transfer agreement with Pumps & Process Systems Ltd to acquire the Glasgow, UK-based company’s pumping solutions operations. This agreement will expand CRI Pumps’ industrial pumping solutions for pulp, slurry and chemical handling for a range of industries including paper mills, metals and mining, power, coal, chemicals and petrochemicals, and food and beverages. CRI Pumps plans to invest in a new dedicated manufacturing facility in India with testing. The company will also carry out further product developments and improvements along with a team of Pumps & Process Systems professionals stationed in India. 16
Pump Industry Analyst
G Soundararajan, vice chairman of CRI Pumps, said: “CRI has strategic plans to enter into the production of a variety of pumps for different industrial applications. CRI today is already supplying products to general water supply, power, petrochemicals, cements, metals and mining industry. With the addition of this product range, for which there are only few manufacturers worldwide, and its strong manufacturing and R&D capability, CRI will be able to offer specific, effective and efficient solutions to meet the growing industry demands.” Founded in 1991, Pumps & Process Systems supplies pumps to a number of countries including the UK, Canada, USA, Australia, South Africa, Indonesia and Chile. For further information, visit www.cripumps.in
Pentair merges with Tyco’s Flow business
P
entair Inc has completed its merger with Tyco International Ltd’s Flow Control business, creating Pentair Ltd (see Pump Industry Analyst, April 2012). “We now have an even stronger company, with the scale to capitalise on our growth opportunities, unlock substantial synergies and generate strong shareholder returns,” said Randall Hogan, chairman and CEO of Pentair Ltd. “We have significantly increased our global presence, and together have a broader offering and expanded capabilities for our customers. Looking forward, we believe Pentair is uniquely positioned to benefit from the increased demands on energy, water, infrastructure and agriculture resulting from the growing population and wealth of the world.” Pentair Ltd now has 30 000 employees and operates more than 100 manufacturing facilities. “We are excited to welcome Flow Control employees to Pentair,” said Hogan. “We believe our shared vision and commitment to operational excellence through Pentair’s Integrated Management System will lead to better growth and success.” While Pentair Ltd is incorporated in Switzerland, its main US offices remain in Minneapolis, Minnesota. Pentair Ltd common shares are now traded on the New York Stock Exchange under the symbol PNR, which was Pentair Inc’s trading symbol prior to the merger.
For further information, visit www.pentair.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] Publisher: David Hopwood Subscription Information An annual subscription to Pump Industry Analyst includes 12 issues and online access for up to 5 users. Prices: 1232 for all European countries & Iran US$1382 for all countries except Europe and Japan ¥163 800 for Japan (Prices valid until 31 December 2012) 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
October 2012