IN FOCUS

In the first half of 2008, Sulzer continued its successful development. In overall strong markets, the company further increased order intake, sales, operating income (EBIT), net income, and cash flow despite substantial negative currency effects.

Hidrostal is pleased to have Richard Fowler as the company s new Service Manager. Richard is responsible for providing excellent customer support services to ensure the satisfaction of Hidrostal’s clients.

Steve Cooper, managing director of Armstrong Integrated Systems, has been appointed Director of Renewables and Sustainability for Armstrong worldwide.

Pumps and valves manufacturer KSB is set to achieve record sales revenue in the current year after generating growth of 10.1 percent in the first six months to € 933.4 million (previous year: € 847.5 million).

The Supervisory Board of Christ Water Technology AG took the resolution today to change the Management Board with immediate effect.

Gardner Denver announced today that it has acquired substantially all of the assets of Best Aire, a U.S. distributor of compressed air and gas products,serving the Ohio market through its headquarters in Millbury, Ohio, with additional distribution operations in Kalamazoo, Michigan and Indianapolis, Indiana.

Hamilton Sundstrand, a subsidiary of United Technologies Corp., has acquired privately held Marelli Pumps, a leader in the design and manufacture of heavy duty centrifugal pumps. Terms of the deal were not disclosed.

Crane Co. today announced the appointment of Timothy J. MacCarrick, vice president – finance and chief financial officer.

Cardo has acquired the Finnish company Kajaani Process Measurements Oy, which is one of Finland s leading manufacturers of sophisticated measuring instruments for the pulp and paper industry. The information is not deemed to be stock price sensitive information.

Board of Directors of ABB Ltd. announced today that Joseph M. Hogan has been appointed as Chief Executive Officer of the ABB Group.