Pump industry associations anticipate a year of new initiatives and educational programs for end users.
DALLAS (Jan. 14, 2016) – Accudyne Industries has named Charles L. “Chuck” Treadway chief executive officer, succeeding Elmer Doty. Treadway, who most recently served as president and chief executive officer of Thomas & Betts Corporation, a global business unit of ABB, will assume the position on March 1 and be based in Dallas, Texas. Accudyne is a portfolio company of BC Partners and The Carlyle Group.
(Jan. 14, 2016) – Graphite Metallizing Holdings Inc (GMHI) has purchased Exalto UK, the manufacturer and worldwide supplier of water lubricated bearings, from its Dutch owners, Exalto BV. GMHI, the US-based manufacturer of bearings, has established a new UK company, Exalto Bearings UK Ltd, who will continue to supply the Marine and Pump Industries worldwide with quality bearings.
COLUMBUS, Ohio (Jan. 14, 2016) – Ohio Transmission Corporation has announced the acquisition of PumpTek, LLC. The team at PumpTek, LLC specializes in pumps with seal-less technology. The company will operate as a division of OTP Industrial Solutions, which provides solutions for industrial motion control, fluid power, power transmission and pumping systems.
One food processing plant saved energy and simplified maintenance by replacing a surface system.
Federal Reserve action and emerging market weakness will also impact equipment manufacturers.