WHITE PLAINS, N.Y. (Aug. 31, 2015) – ITT Corporation has signed an agreement to acquire Wolverine Automotive Holdings Inc., the parent company of Wolverine Advanced Materials LLC, a global provider of customized technologies for automotive braking systems and specialized sealing solutions for harsh operating environments across a range of industries.
NEWS
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TALLAHASSEE, Fla. (Aug. 31, 2015) – Danfoss Turbocor Compressors Inc. has appointed Jose Alvares as vice president of sales & marketing and global customer support.
MARSHFIELD, Wis. (Aug. 31, 2015) – Michael Richart has been named president and chief executive officer of ESE, Inc. Tom Walther, who has served in those roles since 2000, begins his role as chief innovation officer.
LOS ANGELES, Calif. (Aug. 31, 2015) – Water Planet has received a new Series B round of funding to continue the development and commercialization of its industrial wastewater treatment technologies.
The funding round includes investments from Air Liquide's ALIAD Corporate Venture fund, Bluestem Capital and UCLA Venture Fund.
DEER PARK, N.Y. (Aug. 27, 2015) – Schenck Corporation has appointed Ulrik Frodermann as president and CEO.
Frodermann comes to Schenck from Bielomatik, where he served as president of their two operating units in the U.S for the past 6 years. In addition to management expertise in the machine technology industry, Frodermann has experience in marketing and sales. Frodermann holds a bachelor’s degree in mechanical engineering from Kiel University located in Germany.
ALEXANDRIA, Va. (Aug. 26, 2015) – The Water Environment Federation (WEF) will help cultivate community engagement and educate Chicago youth about the value of water through the “The Pershing Cultivation Project: Growing Green Gardens and Young Minds.” Organized as a part of WEFTEC 2015 by the Students and Young Professionals Committee, the event is scheduled for Sept. 26 at Pershing East Magnet School in Chicago’s Bronzeville neighborhood.
PORTER, Texas (Aug. 25, 2015) – Premium synthetic industrial lubricant manufacturer Royal Purple offers an industry-first training program as part of its value-added services to provide industrial facilities with personalized training and education to significantly reduce costs and improve efficiency.
LONDON (Aug. 25, 2015) – The advent of the Internet of Industrial Things (IoIT) has triggered an influx of technology-oriented services such as cybersecurity and advanced maintenance. This has dramatically widened business opportunities in the manufacturing services sector.
CHICAGO, Ill. (Aug. 21, 2015) – The PTDA Business Index for 2Q2015 indicates slowing compared with the previous quarter with a reading of 46.6, down from 67.7 in Q12015. This is the first time the Index, created in late 2010, has shown contraction in business activity, employment and inventories affecting the power transmission/motion control (PT/MC) industry.
HOUSTON, Texax (Aug. 18, 2015) – The brand new Pump Summit Americas event has released the names of its chairman and Steering Committee members. Jean-Marc Fosseux, the senior rotating equipment consultant of mechanical engineering at Technip USA, will take the lead as the chairman for the 2016 Conference.