IN FOCUS

Parker Hannifin Corporation announced that Pamela J. Huggins, Vice President and Treasurer will retire effective December 31, 2014, after 31 years of dedicated service. Robin J. Davenport, currently Vice President of Business Planning and Development, has been appointed to the newly created role of Vice President, Corporate Finance where she will assume responsibility for all of the functions currently reporting to Ms. Huggins in addition to business planning and development.

China will be the leading purchaser of globe valves in 2019. McIlvaine Company has ranked purchasers in Industrial Valves: World Market. China will spend $2.65 billion for globe valves used for control purposes and $883 million for on/off globe valves.

In the first nine months of 2014, Sulzer’s order intake decreased by 3.8% on an adjusted basis compared with the same period in 2013.

The Fluid Sealing Association is pleased to announce the appointment of Michael Shorts as President of its Board of Directors. Mr. Shorts is currently Vice President and General Manager for Triangle Fluid Controls Ltd. located in Belleville, Ontario, Canada.

More than $14 billion will be spent in 2015 to remove metals, VOCs and other contaminants from groundwater. This is the conclusion reached in Site Remediation World Markets published by the McIlvaine Company.

Wilo USA welcomes Eric Kearbey as Midwest Regional Sales Manager for Water Management.

Adjusted net income for the third quarter of 2014 excludes $14 million in before and after-tax charges ($0.03 per diluted share) relating to the impairment of a technology investment and $58 million before and after-tax costs ($0.13 per diluted share) associated with a restructuring of operations in North Africa, resulting primarily from recent disruptions in Libya.

Christian Kruse is the new head of sales in Germany, Austria and Switzerland (DACH region). He has a background in economic studies and will take over his new function on 17 November 2014.

Sales of instrumentation, software and services to monitor and measure air and water parameters will exceed $32 billion in 2019 representing a growth of over $5 billion from present levels this is the latest forecast in Air and Water Monitoring: World Market published by McIlvaine Company.

Siemens Building Technologies Division will have a new CEO on January 1, 2015. Matthias Rebellius (49) is succeeding Johannes Milde (61), who is resigning as Division CEO at the end of this year. Milde will continue to support the company for some time to come.