IN FOCUS

Operators of fossil and nuclear power plants will spend over $3 billion in 2014 for pumps to move water, slurries and condensate. East Asia will be the leading purchaser. This is the conclusion in Pumps World Market published by the McIlvaine Company.

Atlas Copco Compressors has announced the appointment of Keith Findlay as AIRScan Manager within its Compressor Technique Service division in the UK.

In the regular meetings of the Voith Shareholders Committee and the Voith Supervisory Board on June 10 resp. June 11, 2014, Prof. Dr.-Ing. Dr.-Ing. E.h. Hans-Peter Keitel (*1947), former President of the Federation of German Industries e. V. (BDI), has been elected as Chairman of both panels.

On June 13, Sulzer agreed to acquire both Grayson Armature businesses—Grayson Armature Large Motor Division, Inc. (Houston) and Grayson Armature Orange Texas, Inc.—for an enterprise value of USD 42 million (CHF 38 million). Through this acquisition, Sulzer will become one of the largest independent providers of electromechanical services in the Houston bay area.

HMS Group announces its interim management statement and financial highlights for the three months ended March 31, 2014. The financial data are based on management accounts only and are not reviewed by external auditors.

The Fluid Sealing Association is pleased to announce the appointment of Henri V. Azibert as their new Technical Director.

The world market for air and gas, water and other liquids flow and treatment equipment and services will exceed $387 billion in 2015 up from $367 billion in 2014. This is the latest forecast in Market Air/Gas/Water/Fluid Treatment and Control: World Market published by the McIlvaine Company.

Effective July 1, 2014, Janina Kugel will assume the position of Chief Diversity Officer (CDO) for Siemens AG in addition to her current responsibilities as Head of Personnel Strategy and Executive Development.

Baker Hughes Incorporated announced the appointment of Greg Brenneman, chairman of CCMP Capital Advisors, LLC (CCMP Capital), and W.H. “Bill” Easter III, retired chairman, president, and chief executive officer of DCP Midstream, to its board of directors.

Franklin Electric Co., announced that it has acquired Bombas Leão S.A., based in Monte Azul Paulista, State of Sao Paulo, Brazil. Bombas Leão designs, manufactures, and distributes submersible groundwater pumping equipment through manufacturing facilities in Monte Azul Paulista, Teresina and a distribution facility in Recife. In 2013 Bombas Leão net revenues were approximately BRL 67 million or about US$ 30 million.