IN FOCUS

NORTHBROOK, Ill., June 6 /PRNewswire/ — Dennis K. Williams, chairman, president and chief executive officer of IDEX Corporation, William F. Versaw, founder and president of Versa-Matic Tool, Inc., and Christer Berg, managing director of Eletta International AG (Versa-Matic’s principal shareholder) today announced Versa-Matic has been acquired by IDEX.

Also included in this transaction are affiliated entities Dominator Pump AB and Pumper Parts LLC.

AUBURN HILLS, Mich., May 31 /PRNewswire/ — ITT Industries today announced the appointment of Stormy T. W. Hicks as President of its global Fluid Handling Systems Group.

TECUMSEH, Mich., May 23 /PRNewswire/ — Tecumseh Products Company (Nasdaq: TECUA, TECUB) announced today the declaration of a regular quarterly cash dividend of $.32 per share payable June 29, 2001 to shareholders of record of its Class A and Class B Common Stock as of June 15, 2001.

MUSKEGON, Mich., May 24 — SPX Corporation (NYSE: SPW) today announced that it has completed the previously announced acquisition of United Dominion Industries Limited (NYSE: UDI; TSE).

CHARLOTTE, NC, May, 23, 2001 – United Dominion Industries announced today that Don Canterna will assume the role of President of Waukesha Cherry-Burrell.

Glasgow, May 29th: The Weir Group PLC announces the appointment of Mr Mark Selway as Chief Executive. He will take up his appointment on 5th June 2001.

With a growth in net turnover of 17%, the first year of the new millennium was one of the best ever in the history of the Grundfos Group. This was particularly due to increasing profit deriving from an increased turnover totalling DKK 9,522m.

Carver Pump is pleased to welcome Al Lopez as our new Mid-South Regional Sales Manager. A graduate of Southeast Louisiana University, Al has spent his entire career in this region selling pumps and related equipment.

Pfeiffer Vacuum, a leading manufacturer of high-quality vacuum pumps, vacuum gauges and complete vacuum systems, announces its results for the 1st quarter of 2001.

Strong growth in Germany – Stagnation in the U.S.A.

After-tax income advances sharply by 46.5 %

In December 2000 the divestiture of Sulzer Turbo AG to the MAN Group was announced within the framework of the Sulzer focusing strategy. This take-over has now been finalized by contract closure on May 21, 2001 between MAN AG, Munich/Germany, and Sulzer Ltd, Winterthur/Switzerland.