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.

2002 Outlook Shows Continued Earnings, Cash Growth

– FY2001 operating margin expected to increase despite lower volume

– FY2001 free cash flow to exceed $250 million

– Outlook for 2002 assumes no near-term economic upturn

– Management actions will support strong margins, cash flow

Reichelderfer Succeeds Richard J.M. Hamilton, Who Is Retiring

Better, more powerful and more efficient fluid handling systems are urgently required to support the energy transition. Iulian Maciuca, the company’s Renewables Industry Sector Manager, says, the race to decarbonize the world’s energy supply is placing new challenges on energy generation technology and by association on the safety-critical pumps and valves on which energy infrastructure relies.

CIRCOR International, Inc. continuously enhances the digital experience of its consumers by updating its CIRCORSmart app. This app provides a broad range of capabilities, giving users secure, round-the-clock access to critical technical information for over 860,000 products from any web-connected device.

Maintaining complex systems in the OEM industry can often times be a challenge, particularly when something goes wrong that causes automatic systems to leak. This not only creates burdensome operational downtime, it drains economic resources — lost time means lost money.

For half a century residents and commerce across eight municipalities of the greater London Area of south western Ontario have received their potable water supply from Lake Huron Water Treatment Plant (WTP) near Grand Bend and over this period the community has been well served.

Pfeiffer Vacuum, one of the world’s leading providers of vacuum and leak detection solutions for the semiconductor as well as the analytical, industrial and research & development markets, opened up a new 40,000 square foot facility on May 13th. This state-of-the-art facility is located at 4037 Guion Lane, Indianapolis, Indiana.

Maintaining complex systems in the OEM industry can oftentimes be a challenge, particularly when something goes wrong that causes automatic systems to leak. This not only creates burdensome operational downtime, it drains economic resources — lost time means lost money.