WINTERTHUR, Switzerland -- Sulzer last week announced plans to acquire a New Zealand pharmaceutical delivery company to round out its Applicator Systems division.
Sulzer has signed a binding agreement to acquire Simcro, a 230-employee company that manufactures animal pharmaceutical delivery devices such as injectors and applicators for livestock and companion animals. A Sulzer release values the acquisition at NZD 132 million.
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DALLAS -- Flowserve has elected Roger Fix as its new chairman following the retirement of previous Board of Directors Chair Bill Rusnack.
Fix has served as a Flowserve director since 2006, according to a report on worldpumps.com. He was originally elected to the Board of Directors in 2006.
Previously, Fix was president and chief executive officer of Standex International Corporation.
OAKLAND, Calif. -- California has approved landmark regulation for anticipating, preventing and responding to potential dangers at oil refineries in the state.
The Department of Industrial Relations (DIR) Occupational Safety and Health Standards Board approved the regulation on May 18.
STOCKHOLM, Sweden -- Atlas Copco this week opened a new manufacturing facility in Rock Hill, South Carolina.
The 330-employee facility will manufacture portable compressors and generators for the construction market, in addition to medical gas product for hospitals. The company invested some $25 million in the facility, according to an Atlas Copco release.
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COPENHAGEN -- Grundfos' ALPHA3 product has taken home a Danish Design Award for its financial efficiency and advanced technology.
Grundfos received the award in the 'Save Money' category, as the combination of ALPHA3's pump, reader and app make it more economical for users. His Royal Highness Crown Prince Frederik awarded Danish designers and companies in 13 different categories.
ZURICH, Switzerland -- ABB has won a $30 million order for a HVDC power link upgrade in Democratic Republic of Congo.
Société nationale d'électricité (SNEL), the national electricity company of the DRC, awarded ABB the contract to boost transmission capacity and supply clean hydro power. The upgrade will benefit the Inga-Kolwezi high-voltage direct current (HVDC) power transmission link.
LONDON – Pentair plans to split into standalone water and electrical companies, spinning off its $2.1 billion electrical business to shareholders.
The Water company, to be named at a later date, will retain the Pentair name and ticker symbol. It posted some $2.8 billion in sales in 2016.
FREEDOM, Pa. – Keith Howard has joined AuCom North America’s sales team as account manager.
With nearly four decades of industry experience, Howard has a broad background from distribution and sales to OEM account management.
Howard began his career at Wolters Motors & Drives before moving to AA Electric, where he worked as product manager. Howard was later account manager for Motortronics.
HELSINKI – Metso Corporation has named Nico Delvaux President and CEO, effective at the beginning of November 2017 at the latest.
Delvaux is currently senior executive vice president for Atlas Copco AB and business area president for Compressor Technique. Delvaux will replace current President and CEO Matti Kähkönen, who will act as a senior advisor to Metso’s Board of Directors until his retirement.
WASHINGTON, D.C. (May 9, 2017) -- Siemens and Chromally Gas Turbine Corporation this week announced a $130 million joint venture to manufacture turbine blades and vane cast components for power generation.
According to a Siemens release, the the new casting facility will operate under the company named of Advanced Airfoil Components. The venture is expected to create around 250 new jobs, with the first product shipment slated for 2018.
