BALTIMORE, Md. – Danfoss Drives has announced that Hannes Leichtfried has been appointed head of sales and marketing for the Drives business segment in North America. With nearly 30 years of experience at Danfoss in Austria and Germany, Leichtfried, an Austrian native, is excited to continue to build the North America Drives business.
STAMFORD, Conn. – ITT Inc. has announced the completion of its acquisition of Svanehøj Group A/S (Svanehøj), a supplier of pumps and related aftermarket services.
WHITE RIVER JUNCTION, Vt. – Concepts NREC has announced the acquisition of RBTS, Inc.
STAMFORD, Conn. – ITT Inc. has announced the election of Sharon Szafranski to its Board of Directors. Szafranski currently serves as executive vice president of the welding segment at Illinois Tool Works (ITW). Szafranski began her career at ITW in 1994.