IN FOCUS

Atlas Copco Group has appointed Philippe Ernens President of the Compressor Technique business area and member of Group Management, effective May 1st, 2024. Philippe Ernens is currently President for the Oil-free Air division within Compressor Technique.

On the anniversary of the devastating earthquake in Turkey and Syria, the ceremonial opening of two container schools took place in the Turkish province of Hatay. The Busch family, owners of Busch Vacuum Solutions, supported the project with a donation of 100,000 Euro.

Valmet’s Board of Directors has appointed Thomas Hinnerskov President and CEO of Valmet and he will start in the position during the second half of the year and at the end of September 2024 at the latest. Thomas Hinnerskov succeeds Pasi Laine, who will continue as the President and CEO of Valmet until his successor starts.

Drive manufacturer Flender has partnered with renewable energy provider ECO2GROW to purchase green electricity directly from wind and solar power plants. The selected wind farm runs with Flender gearboxes. The companies have signed several Power Purchase Agreements (PPAs) to acquire green electricity from renewable energy plants.

Greene Tweed, a global manufacturer of high-performance sealing solutions and engineered components, proudly announces that Justine Franchina has joined Greene Tweed as Chief Operating Officer.

Franklin Electric Co., Inc. announced its fourth quarter and full year financial results for fiscal year 2023. Fourth quarter 2023 net sales were $473.0 million, compared to fourth quarter 2022 net sales of $489.4 million. Fourth quarter 2023 operating income was $50.8 million, compared to fourth quarter 2022 operating income of $56.2 million. Fourth quarter 2023 EPS was $0.82, versus EPS in the fourth quarter 2022 of $0.84.

GEA is investing EUR 18 million (USD 20 million) in a technology center for alternative proteins in the state of Wisconsin, USA. The new food tech hub will pilot microbial, cell-based and plant-based foods.

Endress+Hauser plans to take over Swiss Angenstein ESTECH AG, including the company’s production site in Cernay, France, ESTECH Industries Angenstein SA, succursale de Cernay.

The Minister of the Environment, Nature and Transport of the German federal state of North Rhine-Westphalia, Oliver Krischer, visited the Wilopark in Dortmund. While speaking with the President and CEO of the Wilo Group, Oliver Hermes, Krischer learnt about the H2POWERPLANT, which is used at Wilo’s headquarters.

Pleuger Industries is thrilled to announce that Luc Chabas is rejoining our ranks as the new Chief Commercial Officer, fortifying our global management team during a pivotal period of corporate expansion. With his expertise, we are set to bolster our international commercial development and enhance our engagement with major customers worldwide.