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DALLAS (Feb. 24, 2017)—Flowserve Corporation announced that John E. (Jay) Roueche III, Flowserve’s vice president, investor relations and treasurer, will assume the role of interim chief financial officer, effective immediately.

Roueche’s appointment follows Karyn Ovelmen’s departure from the company as executive vice president and chief financial officer, according to a statement from the company.

AURORA, Illinois (Feb. 23, 2017)—Grundfos announced the launch of its “Who Runs the Water that Runs America” initiative, created to help water and wastewater utilities raise public awareness of the many challenges in the water sector, according to a statement from the company.

Grundfos said the initiative seeks to celebrate the professionals behind the scenes who keep the water flowing in America.

FRANKENTHAL, Germany (Feb. 22, 2017)—Three members of KSB AG’s Supervisory Board announced their resignations in February, according to documents released by the company.

Supervisory Board Chairman Thomas Seeberg on Feb. 16 announced he is resigning from his position on the board effective Feb. 28. Seeberg has been a member of the board since May 2012 and has served as chairman since September 2015.

NØRRESUNDBY, Denmark (Feb. 22, 2017)—In order to strengthen its presence in India, DESMI has established a new 3,000-square-meter production facility in Hyderabad, according to a statement from the company.

The production plant's first focus will be to produce oil-spill response equipment. The second focus will be to assemble pumps and pumping solutions in India, according to the company’s statement.

GLASGOW, Scotland (Feb. 22, 2017)—The Weir Group PLC has appointed Geetha Dabir to its Group Executive in the new position of chief technology officer.

An electrical and software engineer, Dabir has held a number of leadership roles with Intel Corporation and Cisco Systems Inc., according to a statement from Weir Group. The company said she brings a wealth of electrical and digital experience that will support Weir's technology strategy.

DAVIDSON, N.C. (Feb. 20, 2017)—Ingersoll Rand was recognized for the fifth consecutive year as one of Fortune Magazine's World’s Most Admired Companies. Ingersoll Rand ranked second in its category of Industrial Machinery.

“We are honored that Fortune has once again named Ingersoll Rand as one of the World’s Most Admired Companies,” Michael W. Lamach, chairman and chief executive officer of Ingersoll Rand, said in a statement.

ST. LOUIS, Mo. (Feb. 17, 2017)—On Jan. 31, Nidec Corporation completed the acquisition of Leroy-Somer and Control Techniques, Emerson Electric’s motors, drives and electric power generation businesses, according to a statement from Nidec.

The acquisitions broaden Nidec’s motor offering and product lineup, including variable speed drives and a complete range of generators, and expand its global presence, according to the statement.