ITT Corporation today opened the doors to its new world headquarters in White Plains, N.Y. at 1133 Westchester Avenue. Approximately 185 ITT employees comprising the corporate staff and the headquarters staffs of the company's Fluid Technology and Motion & Flow Control groups will occupy nearly 100,000 square feet in the facility.
Source: ITT
Velan Inc. announced that it has entered into a definitive agreement with BPS S.r.l. for the sale of its 50% interest in Velan S.r.l. The sale is subject to customary closing conditions including the securing of financing.
Source: Velan
Scottish engineering giant Weir Group today posted a modest 2.8 per cent rise in full-year underlying profits and forecast further growth this year as it announced plans to buy back up to £50 million of shares.
The group said results at the valves and controls division had been affected by the "poor performance" of the UK valves business.
Source: Evening News
It is with deep regret that we announce that Doyce Gaskin, president of Mueller Co., has passed away after a brief illness.
Doyce was named president of Mueller Co., in November of last year, but his many contributions to Mueller Co. go back more than 30 years to when he joined the company in 1975 as a production supervisor in Albertville, AL.
Source: Mueller
Sloan Valve Company has become the first plumbing company in the world to receive the Cradle to Cradle Design certification for its products. MBDC, the product process and design firm that evaluates companies and their products based on their "eco-effectiveness," certified two Sloan plumbing products for silver level status: the Uppercut dual flush flushometer and the Royal model 111 manual flushometer.
Source: Todays Facility Manager
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