Franklin Electric Co. Inc. announced first quarter financial results for fiscal year 2023. First quarter 2023 sales were $484.6 million, compared to first quarter 2022 sales of $451.5 million.
A key ingredient of many desserts and a popular snack, the reputation of almonds as a healthy food has steadily grown. This is a trend followed by the global almond market. To meet demand, growers are investing in new orchards with highly efficient irrigation systems.
Nowadays, a modern vacuum technology must convince users in their everyday operations with features such as sustainability, performance and ergonomics. Atlas Copco has developed its new DVS vacuum pump series with a focus on this requirement profile.
Many vacuum applications operate only within a specific pressure range. In order to operate such vacuum systems efficiently, the total pressure must be measured reliably. Therefore offers Pfeiffer Vacuum a large product portfolio of measurement gauges available both for a digital and analog output signal.
International technology group ANDRITZ has started the 2023 business year with unchanged high growth dynamics despite a slowing global economy. Revenue and operating result both increased significantly by well over 20 percent in the first quarter of 2023 compared with the same period of the previous year.
Mr. Tero Kokko, Ph.D., M.Sc., has been appointed President, EMEA at Valmet as of June 1, 2023. In his new position, Tero Kokko is a member of Valmet’s Executive Team and reports to President and CEO Pasi Laine. Tero Kokko currently works in Valmet’s Services business line as Vice President, Fabrics business unit, where he started in 2020.
Professor Dieter Kempf was confirmed by a large majority at Annual General Meeting of GEA Group Aktiengesellschaft – the first to be held virtually after the lifting of COVID restrictions, while still ensuring all shareholder rights.
Pentair plc announced first quarter 2023 sales of $1.0 billion. Sales were up 3 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales declined 3 percent in the first quarter.
Mats Rahmström, President and CEO of the Atlas Copco Group, comments on the report for Q1:
To make the country less dependent on energy imports, Lithuania is aiming to systematically expand its renewable energy sources – especially solar and wind power. To offset the volatility of these energy sources, the partially state-owned Ignitis Group company Ignitis Gamyba is investing around EUR 150 million in the expansion of the Kruonis pumped storage hydropower facility, where an additional, fifth unit will be installed.
