Water Weekly 3.0 Vol 2
A weekly round-up of all the latest news in the water industry!
Your go-to weekly newsletter on all things water.
Of course, October is the month of WEFTEC; the largest annual water quality exhibition in North America that connects water industry specialists across the globe. Occurring in New Orleans, the event fuels and promotes innovation through sustainability all whilst showcasing the latest ground-breaking, cutting-edge technologies.
This years sponsors
Diamond: Blue-White Industries
Platinum: Oldcastle Infrastructure
Gold: Xylem
All other sponsors: 艾奕康 , AtkinsRéalis , Black & Veatch , Brown and Caldwell , 嘉科工程 , 施耐德电气 , 科进 Teledyne Water
Other industry partners: 阿西布朗勃法瑞公司（ABB） , 欧特克 , Carollo Engineers Flottweg , Franklin Electric Gannett Fleming , GHD , Hobas Pipe USA, Inc. , JDV Projects SewerAI , STV Tetra Tech Veolia
Lets dive into some of this years highlights!
Xylem has appointed a new Senior Vice President.
Xylem have recently named Meredith E. Senior Vice President and President, Applied Water for the company. Meredith is set to join the businesses' senior leadership team this week, and will report to the CEO Matthew Pine .
The CEO said:
“Meredith brings an outstanding track record of driving sustainable, profitable growth and accelerating margin expansion in the businesses she has led. She has more than 20 years of experience and world-class expertise in smart solutions for buildings in both industrial and commercial settings, and has demonstrated consistent customer centricity alongside exceptional operational rigor. I know our Applied Water customers will benefit from her deep expertise as we continue to solve their toughest water challenges.”
Flowserve Corporation have now acquired MOGAS, A Flowserve Company
The leading provider of flow control products Flowserve Corporation have now confirmed the acquisition of MOGAS, A Flowserve Company . The acquisition will help strengthen Flowserve's presence in mission-critical severe service valves and associated aftermarket services.
Scott Rowe , the CEO of Flowserve commented on the recent acquisition and said:
“We welcome the MOGAS team to Flowserve and look forward to leveraging our industry-leading scale to expand the MOGAS severe service portfolio and aftermarket services to customers around the world." This acquisition accelerates growth under our 3D strategy and enhances our valve aftermarket business with MOGAS’ large installed base.”
Badger Meter End of Year Success
CEO said:
"We were pleased with our third quarter financial performance delivering strong sales growth, record operating profit margins and robust cash flow generation. Sales in the quarter continued to benefit from solid demand for our tailorable water management solutions. Notably, we achieved record operating profit margins of 19.5%, the result of favourable sales mix, price/cost management, strong operating execution and continued selling, engineering and administration (SEA) expense leverage." “I greatly appreciate the efforts of our employees across the globe in serving our customers.”
Thankyou for reading.