NIBCO recently announced that it has signed a purchase agreement for the assets of Consolidated Plumbing Industries, which manufactures PEX tubing for the North American water distribution and radiant heating markets.
Little Giant Pump Co. was acquired by Franklin Electric Co., a manufacturer of submersible electric motors and a global supplier of water and fuel pumping systems.
Jacuzzi Brands reported net sales for the first six months of its fiscal year 2006, which ended March 31, were $556.3 million. This is down from $582.5 million in the first half of fiscal year 2005.
Tyco Fire & Building Products, a division of Tyco International Ltd., announced that it has entered into an exclusive license agreement with Pursuit Dynamics PLC for its patented PDX technology.
Klein Tools is holding its third annual “Race and Win” race car promotion for its customers as a tie-in to its sponsorship of IRL racecar driver No. 27, Dario Franchetti.
Flowserve Corp.'s Thomas E. Ferguson, vice president of Flowserve and president of Flowserve Pumps, was elected president of the Hydraulic Institute for 2006-2007.