IN FOCUS

The IC product range from VOGEL PUMPEN has been extended. The new model ICV is a vertical chemical pump (long shaft pump) for installation depths up to 6m with 2950 / 3550 rpm respective up to 10m with 1450 / 1750rpm.

Upper Saddle River, NJ, ITT Industries, the world’s premier producer of pumps and related components, announced that it has reorganized its global fluid technology business to enhance its focus on high-growth market segments and regions worldwide. The new organization is designed to accelerate the company’s expansion by enhancing its ability to serve customers in the water supply, wastewater, biopharmaceutical, process, industrial and building trade sectors in specific regions worldwide.

UPPER SADDLE RIVER, NJ – ITT Industries, Inc. (NYSE: ITT) announced that it has signed an agreement to purchase the business and assets of Precision Stainless Inc., a leading manufacturer of process vessels for the biopharmaceutical industry. Precision’s vessel products complement ITT Industries Pure-Flo valves and process systems and will provide significant growth opportunities for ITT Industries in the growing biopharmaceutical market segment.

Over the next few months, ESPA plans to unveil a large number of new products which will consolidate the reorganisation process and the expansion of ranges, so as to cover all current market needs.

QUINCY, Ill., March 7 /PRNewswire-FirstCall/ — Gardner Denver,

Inc. (NYSE: GDI) announced today that it has entered into a $200

million amended and restated credit agreement with a syndicate of

ten banks. The agreement provides for $150 million of revolving

credit for a three-year period, amending a similar $125 million

facility which would have expired in January 2003.

QUINCY, Ill., Feb. 27 /PRNewswire-FirstCall/ — Ross J. Centanni, Chairman, President and CEO of Gardner Denver, Inc. (NYSE: GDI) has announced the appointment of Richard C. Steber to the corporate officer position of Vice President and General Manager of the Pump Division.

Weir Westgarth have claimed another first with the shipping of a valuable sulphate removal plant for the offshore Brasil oilfields in December.

The Weir Group PLC announces that Sir Robert Smith has been appointed a non-executive director and Chairman Designate with immediate effect. Sir Ron Garrick, Chairman of The Weir Group, has indicated his intention to retire from the Board at the end of June 2002, at which time Sir Robert will succeed him as Chairman.

Allweiler present the new ALLHEAT series designed for handling heat transfer oil to 350 °C and hot water to 207 °C.

Hydromatic Announces New 3 through 7.5 HP Explosion-Proof Grinder Pumps