IN FOCUS

The Wilo Group continued to grow profitably and sustainably in 2023. Despite a challenging market environment, the multinational technology group achieved record net sales of around EUR 2 billion in the 2023 financial year. This corresponds to a currency-adjusted increase of 10.4 per cent compared to the previous year.

Greene Tweed has announced the winner of its first-ever Innovation Award, honoring Ferdinand Gonzaga, a Ph.D. in molecular and supramolecular chemistry and a scientist in the company’s Advanced Technology Group, which is responsible for developing new materials to perform in the most demanding industries and applications. The award was presented by Chairman Allon Bloch, CEO Magen Buterbaugh, and Kenneth Stanley, representing Greene Tweed family ownership, at a special event at Greene Tweed’s Kulpsville, Pa. plant.

Armstrong Fluid Technology marked its 90th anniversary this April, celebrating a significant milestone of longevity and innovation in the fluid-flow systems industry. Since its founding in Toronto, Canada, in 1934 by Samuel Allan Armstrong, the company has expanded from the challenges of the Great Depression to become a leader in its field.

The Wilo Group is expanding its sponsorship of the Borussia Dortmund sports club. In future, the multinational technology group will also support girls’ and women’s football teams at Borussia Dortmund. Wilo is also expanding its sponsorship of the Borussia Dortmund women’s handball team and will become a partner of all youth teams.

Amarinth announces a strengthened partnership with EthosEnergy to deliver regional product and after sales support of Amarinth’s range of oil and gas pumps in the United Arab Emirates. EthosEnergy has over four decades of experience in the oil and gas sector.

Pentair, a leader in helping the world sustainably move, improve, and enjoy water, is honored to receive the 2024 ENERGY STAR Partner of the Year – Sustained Excellence Award from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy. This is the twelfth consecutive year Pentair has received this award.

Frankenthal-based pump and valve manufacturer KSB closed the 2023 financial year with record figures for order intake and sales revenue. The EBIT margin (earnings before finance income / expense and income tax) of 7.9 % reached the level originally targeted for 2025.

ABB announced that Tarak Mehta, President Motion Business Area and Member of the Executive Committee, has decided to leave ABB since he has accepted the role as CEO of another company. Tarak will leave ABB at the end of July this year.

After more than 30 years, Hanns-Henrik Vogel and Jens-Uwe Vogel, founders of the software company VSX – VOGEL SOFTWARE GmbH, hand over the management of the company to Matthias Siegel, who will take over as Managing Director on April 1, 2024. The new owner Everfield also welcomes this decision and is actively involved in supporting Matthias with the resources and guidance to ensure a good and successful start.

Sulzer recently celebrated the official launch of a brand new test and assembly center built alongside its existing pump manufacturing facility in Mexico City. The new state-of-the-art facility features a 10-meter-deep hydraulics test bed for large pumps, a digital monitoring system and a dedicated packaging area.