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US filter wins North West Water contract
Filtration Industry Analyst
MILLIPORE NAMED AS WEB WINNER
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Millipore Corporation has been named one of the top 50 intranet sites in the second annual CIO magazine's Web Business 50•50 Awards. The award programme recognises innovative internet and intranet initiatives worldwide. The j u d g i n g process involved a lengthy deliberation by a panel of CIO magazine editors, designers and Web development experts who evaluated business value delivered by nominated sites. The judges specifically focused on the integration of design, the technical attributes of the site, the contribution to the overall business and the successful blend of technology and design to meet the needs of the site's target audience. Millipore's intranet, @millipore, provides access to information and databases created by various departments and organisations around the company. The intranet includes self-service applications like reporting expenses, ordering business cards, arranging travel and getting information from more than 120 separate corporate databases, 35 of which are available via push technology.
ESCO ELECTRONICS MAKES ACQUISITION St L o u i s - b a s e d ESCO Electronics Corporation has acquired A d v a n c e d Membrane Technology Inc (AMT), a manufacturer of filtration membranes and systems. Headquartered in San Diego, AMT has annual sales of approximately US$12 million. Terms of the deal were not disclosed. AMT will operate as part of ESCO's PTI
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July 1998
Technologies Inc subsidiary, based in Newbury Park, California. The company will be known as PTI Advanced Filtration Inc, and will continue to operate from its San Diego location. ESCO Electronics Corporation is a diversified manufacturer of commercial and defence products and systems sold to customers worldwide.
FARR AUTHORISES SHARE PURCHASE Farr Company has said it may acquire up to 500 000 shares of its common stock either on the open market or through a negotiated transaction. According to Jack Meany, Farr chairman and chief executive officer, any purchases will be made from cash on hand and then held as treasury shares. With 8 690 838 shares of common stock outstanding, Farr currently has a cash balance of approximating US$6 million. No time limit has been set for completion of the programme. Farr manufactures filtration products for engine, railroad, gas turbine, pollution control and air conditioning applications. The company operates seven manufacturing factories in the USA with additional subsidiaries in Canada and the UK, and a joint venture plant in Malaysia. Farr distributes throughout North and South America, Asia, Europe and the Middle East.
FLANDERS SEALS ECO-AIR PRODUCTS DEAL Flanders Corporation has completed the acquisition of Eco-Air Products Inc, a San Diego-based air filter manufacturer, for US$13 million in cash plus up to US$5 million in stock.
Eco-Air has annual revenues of more than US$22 million, giving combined revenues in excess of US$156 million. Robert Amerson, president and chief executive officer (CEO) of Flanders, described Eco-Air as "a regional powerhouse" on the West Coast, which is Flanders' weakest domestic sales territory. Eco-Air's four additional manufacturing facilities, including a large plant in Mexico, will significantly expand Flanders' coverage in the US market. Len Fetcho, CEO of Eco-Air, said the merger offered benefits to both companies, giving Eco-Air access to Flanders' technology for product development of high-end and standard-grade products, while at the same time absorbing some of Eco-Air's under-utilised production capacity.
US FILTER WINS NORTH WEST WATER CONTRACT United States Filter Corporation has won a US$7 million contract to remove chlorineresistant p a t h o g e n s for North West Water, a UK public utility company. USF Memcor, a whollyowned subsidiary of US Filter, will install a state-of-the-art CMF microfiltration system in the UK's Lake District, an important tourist region. USF Memcor's microfiltration systems use membranes to remove cryptosporidium and other chlorine-resistant pathogens with a 99.9 per cent potable water recovery rate. USF Memcor has more than 700 CMF installations worldwide, but this is the first CMF plant for North West Water. Barrie Reynolds, managing director of USF Memcor, said that the order really established USF Memcor as the leading supplier of membrane plants in Europe.
MILLIPORE NAMED AS WEB WINNER
3: Z .2
<
Z
Millipore Corporation has been named one of the top 50 intranet sites in the second annual CIO magazine's Web Business 50•50 Awards. The award programme recognises innovative internet and intranet initiatives worldwide. The j u d g i n g process involved a lengthy deliberation by a panel of CIO magazine editors, designers and Web development experts who evaluated business value delivered by nominated sites. The judges specifically focused on the integration of design, the technical attributes of the site, the contribution to the overall business and the successful blend of technology and design to meet the needs of the site's target audience. Millipore's intranet, @millipore, provides access to information and databases created by various departments and organisations around the company. The intranet includes self-service applications like reporting expenses, ordering business cards, arranging travel and getting information from more than 120 separate corporate databases, 35 of which are available via push technology.
ESCO ELECTRONICS MAKES ACQUISITION St L o u i s - b a s e d ESCO Electronics Corporation has acquired A d v a n c e d Membrane Technology Inc (AMT), a manufacturer of filtration membranes and systems. Headquartered in San Diego, AMT has annual sales of approximately US$12 million. Terms of the deal were not disclosed. AMT will operate as part of ESCO's PTI
16
July 1998
Technologies Inc subsidiary, based in Newbury Park, California. The company will be known as PTI Advanced Filtration Inc, and will continue to operate from its San Diego location. ESCO Electronics Corporation is a diversified manufacturer of commercial and defence products and systems sold to customers worldwide.
FARR AUTHORISES SHARE PURCHASE Farr Company has said it may acquire up to 500 000 shares of its common stock either on the open market or through a negotiated transaction. According to Jack Meany, Farr chairman and chief executive officer, any purchases will be made from cash on hand and then held as treasury shares. With 8 690 838 shares of common stock outstanding, Farr currently has a cash balance of approximating US$6 million. No time limit has been set for completion of the programme. Farr manufactures filtration products for engine, railroad, gas turbine, pollution control and air conditioning applications. The company operates seven manufacturing factories in the USA with additional subsidiaries in Canada and the UK, and a joint venture plant in Malaysia. Farr distributes throughout North and South America, Asia, Europe and the Middle East.
FLANDERS SEALS ECO-AIR PRODUCTS DEAL Flanders Corporation has completed the acquisition of Eco-Air Products Inc, a San Diego-based air filter manufacturer, for US$13 million in cash plus up to US$5 million in stock.
Eco-Air has annual revenues of more than US$22 million, giving combined revenues in excess of US$156 million. Robert Amerson, president and chief executive officer (CEO) of Flanders, described Eco-Air as "a regional powerhouse" on the West Coast, which is Flanders' weakest domestic sales territory. Eco-Air's four additional manufacturing facilities, including a large plant in Mexico, will significantly expand Flanders' coverage in the US market. Len Fetcho, CEO of Eco-Air, said the merger offered benefits to both companies, giving Eco-Air access to Flanders' technology for product development of high-end and standard-grade products, while at the same time absorbing some of Eco-Air's under-utilised production capacity.
US FILTER WINS NORTH WEST WATER CONTRACT United States Filter Corporation has won a US$7 million contract to remove chlorineresistant p a t h o g e n s for North West Water, a UK public utility company. USF Memcor, a whollyowned subsidiary of US Filter, will install a state-of-the-art CMF microfiltration system in the UK's Lake District, an important tourist region. USF Memcor's microfiltration systems use membranes to remove cryptosporidium and other chlorine-resistant pathogens with a 99.9 per cent potable water recovery rate. USF Memcor has more than 700 CMF installations worldwide, but this is the first CMF plant for North West Water. Barrie Reynolds, managing director of USF Memcor, said that the order really established USF Memcor as the leading supplier of membrane plants in Europe.