IN FOCUS

Parker Hannifin Corporation, a global leader in motion and control technologies, today announced that John G. Dedinsky, Vice President – Global Supply Chain and Procurement, will retire after 38 years of dedicated service to the company. The Board of Directors has elected Thomas C. Gentile, to succeed Mr. Dedinsky as Vice President – Global Supply Chain, effective July 1, 2017.

Xylem, a global water technology company dedicated to solving the world’s most challenging water issues, announced two international appointments at its dewatering business, which are effective immediately.

Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, reported results for the fiscal 2017 third quarter ended March 31, 2017. Fiscal 2017 third quarter sales increased 10 percent to $3.12 billion compared with $2.83 billion in the prior year quarter.

Federated Co-Operatives Limited’s Co-op Refinery Complex in Regina, Saskatchewan, was named Industrial Water Project of the Year at the annual Global Water Awards. The award recognizes the project, commissioned in 2016, that represents the most impressive technical or environmental achievement in the field of industrial water.

Pure Technologies Ltd. (TSX: PUR) and Xylem (NYSE: XYL) announced today that they have entered into a commercial collaboration whereby Xylem will represent Pure’s products and services to the water sector in the Gulf Cooperation Council countries (UAE, KSA, Qatar, Bahrain, Kuwait and Oman), and in India, Singapore and Malaysia.

The Gorman-Rupp Company (NYSE MKT: GRC) reports financial results for the first quarter ended March 31, 2017.

Atlas Copco s Board of Directors appointed Ronnie Leten, the Group’s retiring President and CEO, to become Chair of the company that will be dividended out in 2018 provided shareholder approval.

In the first quarter of 2017, Sulzer achieved an order intake of CHF 757.6 million compared with CHF 684.6 million in the same period of the previous year. Adjusted for currency effects, the growth rate was 11.1%. Adjusted for currency and acquisition effects, orders grew by 2.0%. Order intake increased in all divisions with the exception of Chemtech.

On the occasion of its Annual General Meeting, GEA released selected preliminary key figures for the first quarter of 2017.

National Oilwell Varco, Inc. reported a first quarter 2017 net loss of $122 million, or $0.32 per share. Excluding other items, net loss for the quarter was $63 million, or $0.17 per share. Other items totaled $37 million, pretax, and primarily consisted of charges related to severance and facility closures.