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Pentair Pumps Selected for New York City Water Treatment Project

21.03.2001

ST. PAUL, Minn., March 20 /PRNewswire/ -- Pentair (NYSE: PNR) today announced that the Pentair Pump Group, a unit of the company's Water Technologies segment, has received a multi-million dollar contract for the installation of wastewater pumping equipment slated for a major municipal treatment plant in New York City. Engineering work on the project will begin immediately, with delivery of the pumps expected over the course of the next two years.

Each of the eight Fairbanks Morse brand pumps on the project weighs over

ten tons, stands more that 12 feet high, and can handle more than

50,000 gallons per minute. For energy conservation, they will be driven by

high-efficiency electric controlled by variable frequency drives. In addition

to the main pumps, 19 large sludge pumps and 10 smaller, specialized pumps

round out the Pentair contract.

The project reflects the growing trend for infrastructure spending to

upgrade municipal fresh water and wastewater systems across the United States.

Richard J. Cathcart, president of Pentair's Water Technologies segment, notes

that the EPA estimates a need for $150 billion dollars in spending over the

next 20 years to ensure safe drinking water in America's cities.

"This job, together with another recently completed New York City project,

round out more than $10 million in municipal business that the Pentair group

has been awarded in the last two years on the Eastern seaboard alone,"

Cathcart said.

Fairbanks Morse Pump, located in Kansas City, has a long history as a

manufacturer of custom-built water and wastewater pumping equipment for

municipal applications. Pentair's Water Technologies segment has expanded

beyond its original pump business to become a diversified, global water

equipment business that delivered compound annual growth of 45 percent in

sales and 55 percent in profits from 1995 through 2000.

Pentair is a St. Paul-based manufacturer whose

core businesses compete in tools, water technologies, and enclosures markets.

The company employs 13,000 people in more than 50 locations around the world.

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