Abstract
Sulzer
Plimsoll Publishing Ltd
Grundfos Pumps Ltd
Sundyne
Polyair Inter Pack Inc
Pumps & Systems China 2003
ITT Flygt Ireland
Wood Group ESP
Flowserve Corp
Danfoss
Hydraulic Institute
SL Kirloskar
Grundfos Pumps Corp
Flowserve Corp
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This year’s ACHEMA fair in Frankfurt, Germany saw an 8.4% fall in visitor numbers and a 7.9% decline in exhibitors on the 2000 event. From 19–24 May 2003, 192 161 participants from over 100 countries and 3819 exhibitors from 48 countries took part.
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UBS Fund Management (Switzerland) Ltd now holds less than 5% of Sulzer’s share capital.
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Plimsoll Publishing Ltd’s dedicated new website for company valuations, www.valueyourcompany.com, offers a valuation of your own company and its 10 nearest competitors.
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Grundfos Pumps Ltd — Water Group has posted a 28% increase in first quarter 2003 turnover on the previous quarter, and an 8.4% gain on the same period last year. Water Group national sales and marketing manager Mitch Holmes is delighted with the progress that the Water Group has made since it was formed three years ago.
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Sundyne parent United Technologies Corp has exceeded its 25% energy and water usage reduction goals four years ahead of schedule and is now increasing them to 40%. The company is also joining the US EPA’s Climate Leaders programme, a voluntary industry-government partnership that identifies environmental leaders in adopting aggressive goals and strategies for curtailing greenhouse gas emissions.
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Polyair Inter Pack Inc’s Cantar Pool Products Group has completed the purchase of the swimming pool and pool equipment assets from Jacuzzi Inc and Jacuzzi Leisure Products Inc (see Pump Industry Analyst, May 2003).
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The Pumps & Systems China 2003 exhibition has been rescheduled from 1–4 July 2003 to 22–25 October 2003 because of the Severe Acute Respiratory Syndrome (SARS) outbreak (see Diary, page 15).
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ITT Flygt Ireland has opened a new service centre in Limerick as part of its strategy to roll-out a network of support hubs aimed at service and aftermarket customers across the country. The 2250 sq ft centre is fully fitted with repair workshops, a hire depot and administrative offices and employs sales and service personnel. A full submersible hire fleet covering submersible drainage and dewatering pumps, submersible mixers, ejectors and aerators will also be available for hire from the Limerick depot.
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Wood Group ESP has set up Wood Group de Ecuador SA to provide electric submersible and surface pumps, and pump-related services to the Ecuadorian oil industry. Former Wood Group ESP business development manager for Latin America Daniel Fleitas has been appointed country manager for Ecuador and will lead the operations. The new operation will offer field service and engineering support as well as equipment maintenance and equipment sales.
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Flowserve Corp is relocating its corporate headquarters within Las Colinas Urban Center, Irving, Texas. The company has signed a lease for 100 100 square feet at The Towers at Williams Square, Las Colinas Urban Center, from January 2004.
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Denmark’s Danfoss is selling its flowmeter business to Siemens. The deal is expected to close on 1 September 2003.
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The Hydraulic Institute (HI) has introduced a new 2003 Guide and Annual Subscriber service for ANSI/HI Pump Standards. The 2003 Standards Cross-Reference Guide, along with a free 32-page Master Index, will help current standards users to identify the updates they need. Downloadable copies of the free Cross- Reference Guide and Master Index are available at www.pumps.org.
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The SL Kirloskar Centenary Celebrations culminated on 28 May, SL Kirloskar’s 100th birthday, with a memorial lecture by the president of India Dr Abdul Kalam (see Pump Industry Analyst, May 2003).
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Grundfos Pumps Corp’s Comfort System Instant Hot Water Recirculation Kit has received ANSI/NSF61 and IAPMO approvals. Both approval logos will appear on the pump nameplate. NSF Standard 61 establishes guidelines for determining whether contaminants or other impurities are imparted indirectly into drinking water from the product being tested.
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After saving US$253 000 in 2002, Flowserve Corp has renewed a contract with Traq-wireless for its enterprise mobile communications management software. Traq’s software is now being used to manage the 1000 mobile devices of Flowserve US employees who service products and acquire customers. In 2003, Flowserve set a goal to reduce the cost per minute of mobile communications by another 15%. The pump, valve and seal company is reported to be also looking at taking mobile communications to the next level with wireless data devices.