KYOTO, Japan (Aug. 3, 2015) – Nidec Corporation announced that Nidec Motor (Qingdao) Corporation (NMQC), its subsidiary company, completed the acquisition of the switched reluctance (SR) motor and drive business of China Tex Mechanical & Electrical Engineering Ltd (China Tex MEE) on July 31 and established a new company incorporating the acquired business.

(31 July 2015)—The Egypt below-30 HP centrifugal water pump market is projected to register a steady CAGR of 5.1 percent in terms of revenue, according to a report by Future Market Insights. Increasing investment in housing construction, infrastructure development, expansion of water supply network and increase in agriculture initiatives are some of the macro-economic drivers for the Egypt below-30 HP centrifugal water pump market.

WINTHERTHUR, Switzerland (29 July 2015)—Sulzer acquired the business of Expert International Pompe Service (EIPS) located in Casablanca, Morocco. Through this acquisition, Sulzer expands its footprint in North Africa. EIPS achieved revenues just below CHF 1 million in 2014. Expert International Pompe Service (EIPS) was founded in 2011 and offers maintenance and repair services for pumps.

LOS ANGELES (July 29, 2015) – rhubarb studios, a technology venture company, announced a collaboration with Mayor Eric Garcetti’s Summer of Civic Hacking to marshal the best talents of LA’s technology sector to address some of the city’s most pressing challenges.

BRIDGEPORT, N.J. (July 29, 2015) – Xylem Inc. is playing an important role in the Panama Canal Expansion Program by providing its heavy-duty Godwin dewatering pumps to fill the third set of basin locks on the Pacific Ocean sector with 1.7 billion gallons of water, as part of performance trials for the system prior to its commissioning.