Industry News

Franklin Electric Reports Record Second Quarter 2019 Sales and Earnings Franklin Electric reported record second quarter 2019 GAAP fully diluted earnings per share (EPS) of $0.70, versus a GAAP fully diluted EPS in the second quarter 2018 of $0.64. Second quarter 2019 sales were a record $355.3 million, compared to 2018 second quarter sales of […]

Sulzer with Strong and Profitable Growth in the First Half of 2019 In the first half of 2019, Sulzer maintained the momentum of 2018. Order intake grew by 7.5 percent organically and by 8.7 percent including acquisitions. Sales increased by 13.1 percent, mostly organically. Operational EBITA was up 15.4 percent to CHF 159 million for

Modern pumping systems typically include alarms that alert operators when a malfunction occurs. However, by practicing predictive maintenance, potential problems can be caught before they become major issues.

Jail sentence for solar heat pump installation fraud The Brisbane District Court has sentenced a plumber to four and a half years of jail time for fraud and production of false and misleading documents that falsely claimed he had installed more than 400 solar heat pumps. The sentence, handed down on 5 August 2019, is

Many end users have been through it more than once. The executive suite announces a new industrial internet of things (IIoT) investment to the tune of millions of dollars. Instead of sharing the enthusiasm, operators cringe. What represents promise to the C-suite often smells of chaos to operators.

Franklin Electric expands in filtration with First Sales acquisition Franklin Electric Co Inc has completed the acquisition of First Sales LLC, an Indiana manufacturer of water treatment and filtration equipment for residential and commercial markets. First Sales designs, manufactures and distributes its products under the Sterling Water Treatment and Avid Water Systems brand names, primarily

Downtime is one of the biggest expenses for any plant. Manufacturers lose thousands of dollars every minute factories are offline. Knowing when a machine is going to fail, ahead of time, means problems can be addressed before they affect production schedules.