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Website unites ITT’s expanding fluid business
Pump Industry Analyst
IN BRIEF/NEWS
IN BRIEF • Weir Pumps Ltd has appointed WEG Electric Motors as a global motor supplier. Under an agreement between the two companies, WEG will provide its range of IEC motors to Weir’s Minerals and Clear Liquid divisions across 40 countries. • Circulating Pumps Ltd has achieved a Gold Award in UK domestic boiler maker Caradon Ideal’s accredited supplier scheme. Circulating Pumps has been providing Caradon Ideal with pumps and motors since November 2001. • The German Engineering Federation (VDMA) reports that new orders received in April 2003 have decreased by 4% on a year ago. Domestic orders fell by 2%, while foreign orders were down 5% in April. The Fluid Technology sector was operating at 89.9% of capacity utilization in April. • In the USA, Netzsch Inc has appointed Rodgers Equipment Co Inc as an authorized representative for Netzsch positive displacement pumps in NorthCentral Texas, and HastikBaymont Inc as a distributor in the Houston and Gulf Coast Texas territories. • Loughborough, UK-based KSB Ltd is now BS EN ISO 9001:2000 certified. • GUD Holdings Ltd, parent company of Davey Pumps, is increasing its provision for environmental remediation works by A$5 million. A small area of land beneath the group’s former factory in Sydney, Australia has been contaminated by Trichloroethane. • Peter Cundill & Associates (Bermuda) Ltd now holds 201 238 of Sulzer Ltd shares, which is equivalent to 5.82% of the Swiss company’s share capital.
12
July 2003
MYKROLIS TO MARKET LEVITRONIX PUMPS Switzerland’s Levitronix, a manufacturer of specialized pump products for the semiconductor and medical markets, has signed a distribution agreement with Mykrolis Corp. Mykrolis, the former microelectronics division of Millipore Corp, will market Levitronix bearingless centrifugal pumps in selected geographies, and will also incorporate the pumps into its fluid delivery and filtration systems for sale worldwide. “Through this strategic relationship, Mykrolis will be able to add this innovative pump technology to the fluid delivery systems we are currently developing for a variety of wet applications in the semiconductor facility,” said Gerry MacKay, vice president of worldwide sales and marketing for Mykrolis. Reto Schoeb, chief executive officer of Levitronix Switzerland, expects that the agreement will expand his company’s presence into the semiconductor and microelectronics industry.
AXFLOW MOVES INTO SLOVENIA AND CROATIA The AxFlow Group has extended its market coverage into Slovenia and Croatia. AxFlow GesmbH based in Graz, Austria will initially head up the operations, providing technical support, warehouse and service facilities for the two countries, while sales manager Miroslav Lindes will be responsible for the region. The main product lines in Slovenia and Croatia will be Johnson Pump UK lobe pumps, Watson Marlow and
Bredel peristaltic pumps, SandPiper and Versamatic air operated diaphragm pumps, Micropump, Viking and Zenith gear pumps, Mono progressive cavity pumps, Trebor chemical air operated diaphragm pumps and Pulsafeeder metering pumps. The move is part of AxFlow’s strategy of forming a complete Pan-European distribution network. The AxFlow Group has an annual turnover of 100 million and 450 employees and is a subsidiary of Axel Johnson International AB, Stockholm, Sweden.
ROBBINS & MYERS FILES US$100M OFFERING Robbins & Myers Inc is to periodically sell up to US$100 million in debt securities and common shares. The pump maker has filed a Form S-3 Registration Statement with the Securities and Exchange Commission for the offering of up to US$100 million of its securities, which may include common shares, debt securities and/or convertible debt securities. The company plans to use the net proceeds to fund acquisitions, capital expenditures, the repayment of indebtedness, working capital, and general corporate purposes.
WEBSITE UNITES ITT’S EXPANDING FLUID BUSINESS ITT Industries has launched a new website - www.ittfluidbusiness.com - to reflect the changing make-up and integrated solutions provided by its fluid businesses. “Because ITT has changed significantly over the past few years, there is a clear need to educate our customers and prospects on the wide range of fluid handling products and
services the company provides,” said Bjorn von Euler, director of communications for ITT Fluid Technology. Since 1995 ITT Industries has expanded its core water and wastewater pump markets through new products, organic sales growth and acquisitions particularly in aeration, monitoring, filtration and reverse osmosis. The new website is based around a map depicting typical municipal or industrial fluid handling applications. Visitors can drill-down within specific applications to get detailed information about ITT brands and products, clicking through to the home pages of individual ITT brands such as Goulds and Lowara.
GRUNDFOS INVESTS IN PEOPLE The Grundfos Electronics factory in Bjerringbro, Denmark has been certified to Investors in People (IIP) standard. The IIP concept, which originates from the UK, is based on the idea that a company’s most important competitive parameter is the development of human resources. The Confederation of Danish Industries introduced the British model last year as a pilot project in a number of Danish companies including Grundfos. The certification of Grundfos Electronics followed a questionnaire and interview survey of a large number of the 400 employees at the factory, which manufactures advanced electronic products used in Grundfos pumps. There are no plans at present to implement IIP in other Grundfos factories. “We want to see the longterm effects of IIP at Grundfos Electronics before extending it to other factories,” said Grundfos Electronics managing director Lars Aagaard.
IN BRIEF/NEWS
IN BRIEF • Weir Pumps Ltd has appointed WEG Electric Motors as a global motor supplier. Under an agreement between the two companies, WEG will provide its range of IEC motors to Weir’s Minerals and Clear Liquid divisions across 40 countries. • Circulating Pumps Ltd has achieved a Gold Award in UK domestic boiler maker Caradon Ideal’s accredited supplier scheme. Circulating Pumps has been providing Caradon Ideal with pumps and motors since November 2001. • The German Engineering Federation (VDMA) reports that new orders received in April 2003 have decreased by 4% on a year ago. Domestic orders fell by 2%, while foreign orders were down 5% in April. The Fluid Technology sector was operating at 89.9% of capacity utilization in April. • In the USA, Netzsch Inc has appointed Rodgers Equipment Co Inc as an authorized representative for Netzsch positive displacement pumps in NorthCentral Texas, and HastikBaymont Inc as a distributor in the Houston and Gulf Coast Texas territories. • Loughborough, UK-based KSB Ltd is now BS EN ISO 9001:2000 certified. • GUD Holdings Ltd, parent company of Davey Pumps, is increasing its provision for environmental remediation works by A$5 million. A small area of land beneath the group’s former factory in Sydney, Australia has been contaminated by Trichloroethane. • Peter Cundill & Associates (Bermuda) Ltd now holds 201 238 of Sulzer Ltd shares, which is equivalent to 5.82% of the Swiss company’s share capital.
12
July 2003
MYKROLIS TO MARKET LEVITRONIX PUMPS Switzerland’s Levitronix, a manufacturer of specialized pump products for the semiconductor and medical markets, has signed a distribution agreement with Mykrolis Corp. Mykrolis, the former microelectronics division of Millipore Corp, will market Levitronix bearingless centrifugal pumps in selected geographies, and will also incorporate the pumps into its fluid delivery and filtration systems for sale worldwide. “Through this strategic relationship, Mykrolis will be able to add this innovative pump technology to the fluid delivery systems we are currently developing for a variety of wet applications in the semiconductor facility,” said Gerry MacKay, vice president of worldwide sales and marketing for Mykrolis. Reto Schoeb, chief executive officer of Levitronix Switzerland, expects that the agreement will expand his company’s presence into the semiconductor and microelectronics industry.
AXFLOW MOVES INTO SLOVENIA AND CROATIA The AxFlow Group has extended its market coverage into Slovenia and Croatia. AxFlow GesmbH based in Graz, Austria will initially head up the operations, providing technical support, warehouse and service facilities for the two countries, while sales manager Miroslav Lindes will be responsible for the region. The main product lines in Slovenia and Croatia will be Johnson Pump UK lobe pumps, Watson Marlow and
Bredel peristaltic pumps, SandPiper and Versamatic air operated diaphragm pumps, Micropump, Viking and Zenith gear pumps, Mono progressive cavity pumps, Trebor chemical air operated diaphragm pumps and Pulsafeeder metering pumps. The move is part of AxFlow’s strategy of forming a complete Pan-European distribution network. The AxFlow Group has an annual turnover of 100 million and 450 employees and is a subsidiary of Axel Johnson International AB, Stockholm, Sweden.
ROBBINS & MYERS FILES US$100M OFFERING Robbins & Myers Inc is to periodically sell up to US$100 million in debt securities and common shares. The pump maker has filed a Form S-3 Registration Statement with the Securities and Exchange Commission for the offering of up to US$100 million of its securities, which may include common shares, debt securities and/or convertible debt securities. The company plans to use the net proceeds to fund acquisitions, capital expenditures, the repayment of indebtedness, working capital, and general corporate purposes.
WEBSITE UNITES ITT’S EXPANDING FLUID BUSINESS ITT Industries has launched a new website - www.ittfluidbusiness.com - to reflect the changing make-up and integrated solutions provided by its fluid businesses. “Because ITT has changed significantly over the past few years, there is a clear need to educate our customers and prospects on the wide range of fluid handling products and
services the company provides,” said Bjorn von Euler, director of communications for ITT Fluid Technology. Since 1995 ITT Industries has expanded its core water and wastewater pump markets through new products, organic sales growth and acquisitions particularly in aeration, monitoring, filtration and reverse osmosis. The new website is based around a map depicting typical municipal or industrial fluid handling applications. Visitors can drill-down within specific applications to get detailed information about ITT brands and products, clicking through to the home pages of individual ITT brands such as Goulds and Lowara.
GRUNDFOS INVESTS IN PEOPLE The Grundfos Electronics factory in Bjerringbro, Denmark has been certified to Investors in People (IIP) standard. The IIP concept, which originates from the UK, is based on the idea that a company’s most important competitive parameter is the development of human resources. The Confederation of Danish Industries introduced the British model last year as a pilot project in a number of Danish companies including Grundfos. The certification of Grundfos Electronics followed a questionnaire and interview survey of a large number of the 400 employees at the factory, which manufactures advanced electronic products used in Grundfos pumps. There are no plans at present to implement IIP in other Grundfos factories. “We want to see the longterm effects of IIP at Grundfos Electronics before extending it to other factories,” said Grundfos Electronics managing director Lars Aagaard.