IN FOCUS

As environmental issues are thrust into the limelight once again, the energy saving characteristics of Wilo Salmson’s Wilo-Stratos largest range of pumps has become even more pertinent. By reducing energy demand by as much as 80%, the world’s first glandless circulators, featuring electronic commutated motors (ECMs) with permanent rotors, are able to meet the growing demand for greater energy efficiency.

IDEX Corporation (NYSE: IEX) announced that its Board of Directors has declared a regular quarterly dividend of 14 cents per common share. The cash dividend will be paid on April 30, 2003, to shareholders of record on April 15, 2003.

IDEX Corporation (NYSE: IEX) Chairman, President and Chief Executive Officer Dennis K. Williams told shareholders at the company’s annual meeting, “Due to weakness in the economy, we saw no significant recovery in our markets throughout the 2002 year.

Pfeiffer Vacuum, leading manufacturer of high-quality vacuum pumps, vacuum gauges and complex vacuum systems, announces its results for fiscal 2002.

Roper Industries, Inc. (NYSE: ROP) announced that its Board of Directors has approved a dividend of $.0875 per share payable on April 30, 2003 to stockholders of record on April 16, 2003.

All technical drawings of Lowara’s Teknospeed series are now available for download at the manufacturer’s homepage in dxf-format.

At its March meeting, the Supervisory Board of Pfeiffer Vacuum Technology AG appointed Amandus Waterkamp to the Management Board effective April 1, 2003.

The Flowserve Pump Division has printed a new full-color 20-page Water Resources brochure. The literature notes that Flowserve offers the world’s most complete line of pumps and systems for water-handling applications.

Amadio Caprari, founder of the Italian pump company, died with an age of 91 years.

Pasquale “Pat” DePalma, President of ITT Industries’ Fluid Handling Division and General Manager of its Bell & Gossett unit, has been elected President of the Hydraulic Institute. As president, he will chair the executive committee, serve as chair of the CEO Roundtable program, as well as lead the Compensation Committee.