IN FOCUS

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

ST. PAUL, Minn., Mar 7, 2002 /PRNewswire-FirstCall via COMTEX/ — Pentair (NYSE: PNR) announced today that Winslow H. Buxton will retire as chairman of Pentair’s board of directors effective April 30, 2002. President and chief executive officer, Randall J. Hogan, will succeed Buxton as chairman.

Sulzer Pumps increased sales (+11% to CHF 947 million; adjusted: +3%) and operating income* (+10% to CHF 56 million) thanks to concentrated efforts in increasingly difficult markets. The second half-year brought a slight market decline in general, particularly in the pulp and paper industry.

Landvetter Airport, near Gothenburg, turned to Grundfos when they were to install a new air-conditioning system. Through an ongoing dialogue the best solutions were found – both in terms of economical and environmental conditions.

Sulzer Turbomachinery Services agreed to acquire the US field service and repair company Enpro of New Orleans, Louisiana, USA. With around 120 employees, Enpro sales currently total about USD 21 million (CHF 35 million).

Results Beat Last Year, Despite Economic Slowdown

First Quarter 2002 EPS Forecast at 27 to 31 Cents; Maintains Full Year EPS Outlook at $1.90 to $2.30

Plant and Pump Sales and Hire company Selwood has been named as Hyundai’s best new distributor for 2001.