Peter Leupp Named Non-executive Chairman of Gurit Holding

CIRCOR International, Inc. announces that its Allweiler brand is launching a new Emergency Stock Pump Service at the CIRCOR Allweiler site in Norway. This service is tailored to meet the critical needs of the maritime industry, ensuring the swift restoration of operations with minimal downtime.

The anticipated size of the end suction pump market in 2022 was US$ 3.93 billion and is estimated to be US$ 4.2 billion in 2023. The market for global end suction pump market is important with the rise in improvement in business and infrastructures worldwide. Further, demand for the end-suction market has hugely expanded with the modernization of agriculture and wastewater treatment in vegetation.

With Sinamics G220, Siemens is launching a new high-performance frequency converter to join the Sinamics family. The innovative frequency converters are equipped with so-called clean power technology.

With the launch of a completely new pump design for LNG, Svanehøj becomes the first supplier on the marine market to offer both deepwell pumps and submerged pumps for electric fuel systems. The aim is to gain a larger share of the attractive and strongly growing LNG market.

Effective July 1, Karen Ohland has begun her term as the 141st president of the American Society of Mechanical Engineers (ASME), the Society announced during its annual meeting in June. Ohland is an ASME Fellow and has been an active member of the Society since 1983.

Pump company market strategy is governed by two axioms which are on the one hand “the greater the pump company market niche leadership the higher the EBITA %” and on the other hand “Acquisitions are a quick way to achieve market niche leadership”.