ZURICH, Switzerland (Oct. 27, 2016)—ABB announced that Timo Ihamuotila has been named Chief Financial Officer and member of the Executive Committee, effective April 1, 2017. Ihamuotila succeeds current CFO Eric Elzvik in an orderly transition process. Elzvik will pursue career opportunities outside of ABB after a thorough handover in second quarter of 2017, according to a statement from the company.
NEW YORK (Oct. 26, 2016)— Market research firm ReportLinker's newly released report called “Global Water Pumps Market By Type, By End User, By Region, Competition Forecast and Opportunities, 2011-2025” states the global water pumps market is projected to cross $67 billion by 2025.
The report bases the projection on increasing water scarcity and the growing need to upgrade existing water pump base and replace older pumps.
BEIJING, China (Oct. 26, 2016)—Xylem has won a contract worth almost $1.5 million to provide wastewater treatment technology as part of a sewage plant upgrade project in Bengbu City (known locally as Pearl City), Anhui Province, China, according to a statement from the company.
AUSTIN, Texas (Oct. 25, 2016)—NI (National Instruments) announced that SparkCognition is partnering with NI and IBM to collaborate on the Condition Monitoring and Predictive Maintenance Testbed, according to a statement from the company.
End users must consider many variables to choose the better solution.
FORT SMITH, Ark. (Oct. 24, 2016)—At a recent industry affairs conference in Zurich, Switzerland, Baldor Electric Company’s senior director of industry affairs, John Malinowski, was recognized with the MS’16 Award “for his personal engagement to make IE3 premium efficiency motors the global market standard,” according to a statement from the company.
MUMBAI, India (Oct. 24, 2016)—Xylem has secured a $1 million order to supply advanced wastewater treatment technology to a sewage treatment plant in the state of Madhya Pradesh in central India, according to a statement from the company.
HOUSTON (Oct. 23, 2016) – Hoover Container Solutions, Ferguson Group, and CHEP Catalyst & Chemical Containers (CCC), three global providers of container solutions products in the energy, petrochemical and general industrial markets, have finalized their merger to form the independent joint venture company, Hoover Ferguson Group.
BRIDGEPORT, N.J. (Oct. 21, 2016)—Xylem Inc., a leading global water technology company focused on addressing the world's most challenging water issues, activated emergency preparedness and response initiatives in anticipation of Hurricane Matthew.