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.