Address: Waters Edge Plaza 1500 Country Road B2 West, Suite 400 St. Paul, Minnesota 55113-3105 U.S.A. Telephone: (612) 636-7920 Fax: (612) 639-5203 http://www.pentair.com Statistics: Public Company Incorporated: 1966 as Pentair Industries Incorporated Employees: 10,433 Sales: $1.84 billion (1997) Stock Exchanges: New York Manitowoc, WI 54220
Looking to increase profitability, Pentair announced in June 1998 that it had launched an effort to cut costs by $60 million over a two-year period. The Water and Fluid Technologies group developed around Lincoln Industrial and F.E. Phone Number +1 (919) 566-8000, Filtration Solutions Productive and enjoyable workplace. [27], Pentair company profile at Funding Universe, "Niagara nostalgia: Former mill owner Pentair revisits community", "Pentair Inc. says it will acquire Rockwell International Corp.'s", "Pentair's Acquisition of Essef Corporation Expands Water Segment, Opens New Growth Opportunities", "PENTAIR, A TOOLS MAKER, IS MAKING ACQUISITION", "Pentair Fixes Its Own Mess When a new warehouse failed, the tools maker turned to a new team with a lot to repair", "Pentair Completes Acquisition of WICOR Industries", "Pentair completes sale of tools group to Black & Decker", "Pentair acquires thermal management company", "Pentair affirms 2007 profit target, updates Jung Pumpen deal", "Pentair Expands European Pump Presence with Acquisition of Jung Pumpen GmbH", "NVent Announces Completion of Separation from Pentair", https://en.wikipedia.org/w/index.php?title=Pentair&oldid=1138473757, This page was last edited on 9 February 2023, at 22:01. learn how over 7,000 companies got started! We focus on optimizing customers process safety to the maximum. [14] This consisted chiefly of the Delta line of shop tools and marked Rockwell's exit from the tool business. Pentair acquired another manufacturer of vehicle service equipment, Century Manufacturing Company, in November 1996. A global leader in hygienic and aseptic valve technology and process equipment for across multiple industries. [12] While paper had been the backbone of Pentair's business it only amounted to about 10% of their revenue at the time of the sale. Our experts focus exclusively on separation technology, delving deeply into filtration challenges every day in order to come up with cost-effective answers for a wide range of applications. Pentair Berkeley provides water supply solutions for crop irrigation, livestock watering and residential water flow requirements. In 1969, due to Pentair's new status as an acquisition-oriented, international corporation, company stock soared from $2 per share to $25 and a 3-for-1 split was declared. In August 1997, Pentair acquired the General Signal Pump Group. It pushes decision-making out where it belongs, among the operating managers.".
The IJmuiden pumping station pumps approximately 1 billion m3 of water per year and is an indispensable link in the water management of Western Netherlands. The purchase also left Pentair free to divest itself of its first two, nonproducing businesses. Pentair. Myers, an Ohio-based producer of water pumps. With approximately 9,750 global employees serving customers in more than 150 countries, we work to help improve lives and the environment around the world. Leadership by Business Intelligence Group. We offer the largest variety of the high performing water treatment products available. We see them around but we don't know what goes on behind the scenes. In 1988, Pentair agreed to acquire FC Holdings Inc., the holding company for Federal Cartridge and Hoffman Engineering, for $175 million in cash and the assumption of debt. With a history spanning more than 100 years, Pentair Fairbanks Nijhuis provides a comprehensive portfolio of configured and custom-engineered pumps and turbine solutions. Pentair plc (PNR) is an American water treatment company incorporated in Ireland with tax residency in UK, with its main U.S. office in Golden Valley, Minnesota. |
Location is disabled by your browser. Further information regarding the change to the location and time of day of the Annual General Meeting and other related changes can be found in the proxy supplement filed by Pentair with the Securities and Exchange Commission on April 10, 2020. By the end of 1991, production had risen 93 percent and earnings had increased 58 percent over 1990 levels. 2023 Pentair. Pentair received an order from Rijkswaterst Pentair plc All rights reserved. Harpole, singularly aware that tenacious and disciplined management had become the key to Pentair's success, handpicked Nugent as his likely successor. |. We would like use non-essential cookies so that you are able to use certain features of the web site including but not limited to: log in, buy products, see personalized content, switch between site cultures. Late in 1985, the company announced an ambitious $400 million joint venture between Pentair and Minnesota Power of Duluth to form Lake Superior Paper Industries (LSPI). In June 1996 Pentair added a German manufacturer of portable power tools, Flex Elektrowerkzeuge GmbH, which became part of Porter-Cable. We have a modern manufacturing facility in Winterswijk (the Netherlands) where our engineering staff, sales force and application technicians work with the latest computer-aided technology. The partners incorporated as Pentair Industries, Inc. in August and completed an initial public offering in January 1967 to sustain their seriously undercapitalized business. Pentair Announces New Innovation Center in Apex, N.C. Pentair Achieves Energy Star Partner of the Year Sustained Excellence Award for Fifth Consecutive Year, Pentair Commemorates World Water Day Through Ongoing Commitment to Sustainable Agricultural Initiatives, Pentair Medical Carrier Transparency Reports, Do Not Sell or Share My Personal Information - CA Residents Only. The company was deeply in debt and badly managed, but the sale price was very inexpensive and Harpole believed that proper management would turn the company around in short order. Salary commensurate to work qualifications. Then came the acquisitions of Niagara of Wisconsin Paper, Miami Paper, and Flambeau Paper Corporations, in 1972, 1974, and 1978, respectively. Whether its improving, moving or enjoying water, we help manage the worlds most precious resource. Gemaal IJmuiden verpompt per jaar ongeveer 1 miljard m3 water en is een onmisbare schakel in de waterhuishouding van West Nederland. Pentair also delivers professional services including installation, maintenance, repair and training. Location: Chardon, OH, US. The complete line of Autotrol composite multi-port valves, controllers and accessories provide the advanced features that end-users are looking for and the reliability and value that dealers require. It has said that it plans to continue an active course of acquisitions, especially to grow its business outside the American market. Pentair signaled its arrival as a major corporation by declaring its first quarterly cash dividend in 1976. These changes were made in light of public health concerns related to the coronavirus (COVID-19) pandemic. Dubai, United Arab Emirates, Switzerland Krupp AG Hoesch-Krupp, the company's first acquisition in almost seven years. In the early years of the company's history, the plan was adopted for purposes of sheer survival, but as the company prospered despite periods of debt load, it became apparent that regular acquisitions through leveraged financing would be the company's mainstay. Autotrol valves cover a wide range of applications, either softening or filtration for residential, commercial or industrial markets, making it a brand of choice for water treatment professionals around the world. LONDON--(BUSINESS WIRE)-- Pentair Aurora offers one of the broadest lines of listed fire protection solutions. From our residential and commercial water solutions, to industrial water management and everything in between, Pentair is focused on smart, sustainable water solutions that help our planet and people thrive. [11] In 2006, Pentair purchased Germany-based Jung Pumpen GmbH,[23][24] which makes pumps and other products for wastewater processing. [6] Pentair was founded in the US, with 65% of company's revenue coming from the US and Canada as of 2017. https://www.businesswire.com/news/home/20200410005019/en/, Jim Lucas It ensures that customers are supplied with the most up-to-date designs and the best tailor-made products. With some modest engineering applications this new venture, the American Thermo-Vac Company, promised at least one saleable product: vacuum-formed, high-quality canoes. Visit Download Center OUR PROMISE Pentair plc Announces Change of Location and Time of Day of Annual General Meeting of Shareholders to be Held on May 5, 2020, Undersink & Countertop Filtration Systems, Residential Softening & Filtration Valves, Recreational Vehicle Plumbing Accessories, Turf Management & Pest Control Accessories, Water Treatment Solutions for Drinking Water, Water Treatment Solutions for Office Water & Coffee, Water Treatment Solutions for Warewashing, Residential Filtration Solutions Customer Service, Commercial Filtration Solutions Customer Service, https://www.businesswire.com/news/home/20200410005019/en/, Do Not Sell My Personal Information - CA Residents Only. Firmly committed to both shareholders and employees, Pentair has rebuffed three takeover attempts during its history and has pledged to remain independent and devoted to long-term growth. Leading with the needs of both our customers and our communities, Pentair creates dependable solutions necessary to help deliver the future of reliable, accessible, clean water. I highly recommend this company to anyone looking . It also exited the tools business with the sale of its power tools group (which had previously accounted for 40% of sales) in October 2004 to Black & Decker for nearly $800 million. Codeline is the global standard in pressure vessels and is recognized for its high quality, smart product portfolio and market changing innovations such as the Quick Lock and OCTA. A leader in technology and innovation with a proven record of performance and reliability. Nevertheless, "while others either wrung their hands or snickered," wrote Alyssa Lappen for Forbes, "Nugent pressed ahead with a capital investment project that now claims customers ranging from Sears and J.C. Penney to Rolling Stone. For Sales
[20] This marked Pentair's exit from the tool business. In 1984 Pentair purchased the remains of the Power Tool Division from Rockwell. Our industry leading and proven portfolio of solutions enables our customers to access clean, safe water. The company continued to diversify but none of its other ventures proved as successful as the paper industry. Pentair also delivers professional services including installation, maintenance, repair and training. Myers. 2023 Pentair. Since 1937, Pentair Berkeley has stood for uncompromised quality, proven reliability and efficiency and delivered comprehensive, efficient solutions that save our customers time and money. As consumers, we often take for granted all the hard work that goes into building a great company. Third-party registered and unregistered trademarks and logos are the property of their respective owners. Two months later came the sale of Niagara of Wisconsin, the 50 percent interest in LSPI, and a 12 percent stake in Superior Recycled Fiber Industries to Consolidated Papers, Inc. for $115.6 million and the assumption of debt. PNR was reorganized in 2014, shifting the corporate domicile from Switzerland to Ireland. It expanded its production in Taiwan and started to negotiate with the union of its Delta manufacturing facility to reduce payroll. View more Pentair jobs in Chardon, OH and apply now. United States Some of our plant capabilities and features include: Design consultation and rapid prototyping services with 3D printing capability Clean room manufacturing capability From approximately 130 locations in 34 countries, Pentair's 10,000 employees are united in our unwavering belief that the future of water depends on us. Following the guidance of cofounder and acting manager Murray Harpole, the company decided to purchase a neighboring, virtually bankrupt business for the small sum of $14,500. That month Pentair acquired Schroff GmbH from Fried. [6] Pentair was founded in the US, with 65% of company's revenue coming from the US and Canada as of 2017. For Life. United Kingdom, US Main Office We develop and produce high quality, widely-certified products, from pulse jet valves and pulse cleaning controllers to fully certified and custom-engineered header tank solutions, with or without full immersion valves. Finally, we can read about how these great companies came about with Company Histories.. Provide the opportunity to deliver a professional presentation of your key learnings to the Pentair leadership team with the potential for a full-time position upon graduation ; You Must: Be pursuing a Bachelor's Degree in Industrial Engineering, Manufacturing Engineering, Mechanical Engineering, from an accredited university The deal was completed in early 2007 for $227 million.[25]. From our residential and commercial water solutions, to industrial water management and everything in between, Pentair is focused on smart, sustainable water solutions that help our planet and people thrive. Founded in 1934, Pentair Sta-Rite serves more than 100 countries globally. At Pentair, we believe the health of our world depends on reliable access to clean, safe water. Manufacturing operates from Winterswijk (The Netherlands) and Kansas City (USA). Principal Subsidiaries: Aplex Industries, Inc.; Biesemeyer Manufacturing Corporation; Century Manufacturing Co.; Delta International Machinery Corp.; Fleck Controls, Inc.; Hoffman Enclosures Inc.; HS Systems, Inc.; McNeil Corporation; ORSCO Acquisition Corp.; Pentair Pump Group; Penwald Insurance Company; Porter-Cable Corporation; Schroff Inc.; Telestack Company; Pentair Canada, Inc.; Pentair Halifax, Inc. (Canada); Pentair Nova Scotia Co. (Canada); Lincoln Czech Republic; Fleck Europe, SAS (France); Schroff SAS (France); Transrack S.A. (France); EuroPentair, GmbH (Germany); Flex Elektrowerkzeuge GmbH (Germany); Lincoln GmbH (Germany); Schroff, GmbH (Germany); Pentair Financial Services Ireland; Schroff S.r.L. That quickly changed when Structural developed a patented process that revolutionized the water treatment market by introducing small composite pressure vessels. Pentair Fairbanks Nijhuis is continuously looking into new opportunities and innovations. 11,250 global citizens living our purpose, and delivering on our promise. Twickenham, London, TW13QS The World's Resources. 293 Wright Street Pentair - A&A Manufacturing | 286 followers on LinkedIn. An industry leader that provides pump solutions for the agricultural and residential markets. All rights reserved. Lincoln was eventually split into Lincoln Automotive and Lincoln Industrial. The initial goal was for a company with annual sales of $25 to $100 million, preferably floundering and consequently available at a bargain price. Currently the headquarters are in Worsley, United Kingdom. . [7], On April 30, 2018, PNR announced that it had completed the separation of its Water and Electrical businesses. St. James Press, 1999. Blog. The acquisitions also led to a January 1998 restructuring of Pentair units into three operating groups: Professional Tools and Equipment; Water and Fluid Technologies; and Electrical and Electronic Enclosures. Engineering, research and development are the heart and soul of our company. This venture also met with less than expected sales. We exceed expectations with our innovative technology, even in the most challenging conditions, all around the world. Explore how you can make an impact by helping create a better world for people and the planet through our smart, sustainable water solutions. The anticipated annualized base pay range for this full-time position working at this location will be from $78,100- $145,000. Further details on our cookies can be found. With more than 50 years experience in composite tank design and construction, WellMate is the leader in innovative solutions for water storage and pressure-boosting applications. Autonomously operated, subsidiaries in these groups (which include market leaders Delta International Machinery Corp., Porter-Cable Corporation, Fleck Controls, Hoffman Enclosures Inc., and Schroff) maintain 50 locations in North America, Europe, and Asia. Business Outlook. In August 1992 Winslow Buxton, former president of Niagara of Wisconsin, succeeded Nugent as CEO; Buxton was then named chairman as well in January 1993. [10] The 5 founders were all formally employed by Litton Industries. This business was subsequently combined with F.E. Shanghai, P.R.C. Pentair acquired Porous Media and it is now anoperating unit of Pentair plc doing business as Pentair Engineered Filtration. WellMate composite tanks are the tank of choice in residential and commercial applications. Since 1947, Pentair Hypro has helped farmers to feed the world through sustainable and eco-friendly spraying solutions. In December of that year, Italian water conditioning control equipment manufacturer SIATA S.p.A. was acquired and became part of Fleck Controls. Pentair was founded in August 1966 as Pentair Industries, Inc., with the name derived from the Greek root word "penta-" (alluding to the company's five founders) and "air" (alluding to the company's original product), and went public several months later. Our capabilities in research and development, customer-certified testing, and production quality assurance standards give customers the confidence that our solutions deliver the performance demanded by building and sewage network operators.
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