Andreas Renschler, former member of the Management Board of both Daimler AG and Volkswagen AG, joins the Supervisory Board of GEA Group Aktiengesellschaft as a new member by appointment of Düsseldorf Local Court effective September 1, 2023.
GEA continued its positive performance of recent years in the second quarter of 2023 despite a slight decline in order intake. The key performance indicators of organic revenue, EBITDA before restructuring expenses and ROCE, again show a significant improvement compared with the prior-year quarter.
CIRCOR International, Inc. announces its Zenith B9000 Series precision metering gear pump, ideal for use in sealing and adhesive dispensing applications.
With deep sadness, GEA Group Aktiengesellschaft announces the sudden and unexpected death of Chief Financial Officer Marcus A. Ketter, who passed away on Sunday, August 6 at the age of only 55.
A global manufacturer of scented plastic garbage bags was looking for an alternative to the use of pre-scented plastic pellets, which required a dedicated silo for each of the 20 available fragrances.
KHK USA Inc. announces its extensive line of right-angle metric gearboxes, manufactured to the highest quality standards by Kohara Gear Industry Co., of Japan. KHK’s large selection of right-angle gearboxes are very quiet, provide smooth transmission of power, and are suitable for a very wide range of applications where speed reduction and a change in orientation is required.
GEA will invest around EUR 50 million in the modernization of its German centrifuge production facilities in Oelde (North Rhine-Westphalia) and Niederahr (Rhineland-Palatinate) by the end of 2024. The engineering group made the announcement at a press conference marking the 130th anniversary of GEA separation technology at its Oelde site.
GEA has raised its outlook for fiscal year 2023 following a strong first quarter. Revenue is now forecast to grow on an organic basis by more than 8.0 percent (previously: more than 5.0 percent). EBITDA before restructuring expenses at constant exchange rates is expected to be at the upper part of the range between EUR 730 million and 790 million (previously: range between EUR 730 million and 790 million).
CIRCOR announces its Zenith C9000 Series precision metering gear pump, ideal for use in hydrogen fuel cell MEA gasketing sealants and adhesive applications. Zenith C9000 metering pumps deliver accurate and repeatable flow of metering additives, sealants, or chemicals in a compact and efficient design.
CIRCOR announces its Zenith PEP-II Series precision gear pump, ideal for blown film extrusion processes used to manufacture lithium battery separators, as well as other pump models for lithium battery additive, coating, sealant, and adhesives applications.
