Pentair, Inc. announced that it has agreed to sell its Spa and Bath business to Balboa Water Group in a cash transaction. “This sale enables us to concentrate more fully on growth in our core global pool equipment business,” said Pentair Chairman and Chief Executive Officer Randall J. Hogan. “Pool equipment continues to be an attractive platform for Pentair, and we are focused on continuing to deliver industry-changing innovation, such as our...
Reportlinker.com announces that a new market research report related to the Building materials industry is available in its catalogue. World Building Materials Market Brief The global outlook series on Building Materials provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers an aerial view of the global construction landscape, identifies major market segments, and offers a bird’s...
Sweco has been selected to plan two new urban districts outside St. Petersburg, Russia, with high demands on a distinct environmental profile. The contract is worth nearly EUR 530,000. “We have once again been chosen for our expertise in planning sustainable societies. In this case, the client is seeking an explicit environmental focus combined with Scandinavian architecture and Western quality,” says Jan Mattsson, President of Sweco’s architectural...
Hilton Garden Inn®, one of the fastest growing brands that is part of the Hilton Family of Hotels, announced today the milestone opening of its 400th location, the Hilton Garden Inn Ottawa Airport in Ottawa, Ontario, Canada. The hotel represents the newest addition to the brand’s growing portfolio of hotels throughout North America and Europe. The Hilton Garden Inn Ottawa Airport is operated by Bona Building and Management, Ltd., under a license...
Genesis Worldwide Inc., a leading provider of “green” structural building technology using light gauge steel aimed at the residential, commercial and institutional building markets, is pleased to announce that, as stated in the Company’s press release dated August 6, 2008, it has entered into a license and services agreement (the “Agreement”) with Sawabeh International Group (“Sawabeh”) of Riyadh, Saudi Arabia,...
The Timken Company is supplying 480 high-tech axle bearing assemblies to Bombardier Transportation for use in the locomotives of the next 30 trains that RENFE – the Spanish state railway – has ordered from Talgo in Spain. Bombardier is supplying 60 high-speed locomotives – two for each Talgo 350 train – equipped with Timken-developed advanced sensor technology to monitor bearing temperature. Bombardier used Timken bearings...