ST. LOUIS, Mo. – Nidec Motor Corporation (NMC), a global manufacturer of motors, drives and automated systems, has named Henk van Duijnhoven as its chief executive officer and ACIM (Appliances, Commercial and Industrial Motors) global business leader.
NMC is headquartered in St. Louis, Missouri and has $4 billion in annual sales. Its ACIM business has 25,000 employees and operates 72 manufacturing sites across the Americas, Europe, and Asia.
WHITE PLAINS, N.Y. — ITT Inc. announced that CEO and President Denise Ramos has decided to retire. She will continue to serve as CEO until January 1 and in an advisory role to the company until her retirement on March 1, 2019. As part of the company's long-term succession planning process, Luca Savi has been named to the newly created role of President and Chief Operating Officer, and he will become CEO and president on January 1, 2019.
MIDLAND, Texas — Pharma-Safe Industrial Services, a provider of health and safety solutions, announced Anita Nelson as director of training. Nelson will join the Odessa, Texas, office and will be responsible for all training services company wide. Due to the growing demand for safety training and education, the company has also opened a new training facility to better service the West Texas market.
SANT'ILARIO d'ENZA, Italy - Interpump Group announces the acquisition of 100 percent of Ricci Engineering Srl, a start-up company which designs, builds and installs plants for breweries and winemakers.
The company mainly operates in the promising business of micro-brewery plants and in only a few years, it has reached yearly sales of about 2 million euro, with a 2018 earnings before interest, taxes, depreciation and amortization (EBITDA) expected around 10%.
WASHINGTON, D.C. — The U.S. Department of Agriculture (USDA) announced July 30 plans to provide $4 billion in loans to upgrade and rebuild rural water infrastructure.
ST. LOUIS, Mo. - The Electrical Apparatus Service Association (EASA) honored George Flolo as the 2018 recipient of the EASA Exceptional Achievement Service Award. The presentation was made on June 24, 2018, at the Association’s Annual Convention in Milwaukee, WI.
SINGAPORE – Pump manufacturer Grundfos announced the appointment of Ki Woong Ahn to the role of Country Manager of Grundfos Singapore, with effect from August 1, 2018.
In his new role, Ki Woong will lead the overall sales operations for the key business areas: Industry, Commercial Building Services, Domestic Building Services, Business Development and Aftermarket Service Sales. Along with Singapore, he will oversee the Export Markets of Cambodia, Myanmar and Sri Lanka.