spirax - sarco engineering
on 1st may 1959, spirax sarco floated on the london stock exchange as spirax - sarco engineering ltd .
on 15th march 1982, spirax - sarco engineering ltd was re - registered as a public company with the name spirax - sarco engineering plc .
spirax - sarco engineering plc (spx) ordinary 26. 923076p share price | spx
spirax is created to manufacture sarco steam traps in united kingdom under spirax brand name .
spirax acquires u. k. sarco branches and becomes spirax - sarco; sarco international (simco) is established by sarco co. , which operates independently in north america until 1983 .
spirax - sarco acquires sarco co. from white consolidated, gaining access to north american markets .
the last ic recommendation on spirax - sarco engineering plc shares was hold at 6, 090. 00 on 16 mar 2018
​spirax - sarco engineering plc is a uk - based multi - national engineering company that comprises two world - leading businesses: spirax sarco for steam and electrical thermal energy solutions, and watson - marlow for niche peristaltic pumps and associated fluid path technologies .
spirax - sarco engineering plc has been voted top of its sector (engineering & machinery) in the britain’s most admired company awards and has been recognised as britain’s 3rd most admired company .
in september 1944, sarco thermostats ltd became a subsidiary of the spirax manufacturing company. the following year the spirax manufacturing company, together with sarco thermostats, moved its company headquarters to charlton house, cheltenham. (charlton house remains the headquarters of spirax - sarco engineering plc today. )
​spirax - sarco engineering plc is a multi - national industrial engineering group that has its headquarters in cheltenham, england. the group comprises two world - leading businesses: spirax sarco for steam and electrical thermal energy solutions and watson - marlow for niche peristaltic pumps and associated fluid path technologies. ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​
on 29th april 1983, spirax - sarco inc. , the american company that was by this time owned by white consolidated industries inc. , was purchased by spirax - sarco engineering plc. three months later the group completed the purchase of white' s canadian steam trap business. with these acquisitions spirax - sarco engineering plc obtained the rights to use the sarco brand name in the usa and, later, in canada, giving the company exclusive rights to the sarco name worldwide. ​
spirax - sarco engineering plc is a united kingdom - based industrial engineering company. the company' s segments include europe, middle east & africa; asia pacific; americas; steam specialties business, and watson - marlow fluid t
we comprise two world - leading engineering businesses: spirax sarco for steam and electrical thermal energy solutions, and watson - marlow for niche peristaltic pumps and associated fluid path technologies .
each year, a panel of control engineering and plant engineering editors and industry expert judges select the system integrator of the year award winners in three categories .
on 1st january 1953, the assets of the spirax manufacturing company and its subsidiary sarco thermostats ltd were acquired by lionel northcroft and herbert smith and the two companies were combined as spirax - sarco ltd .
on 29th march 1927, the sarco engineering and trading company wound up and a new business, sarco company, was incorporated in london on 1st june. sarco company agreed to relinquish the sale of sarco steam traps, which were to be exclusively sold by walker crosweller and company, in return for exclusive access to sarco temperature regulators .
spirax - sarco went public as spirax - sarco engineering ltd. in 1959. that year, ha smith retired, and northcroft took over as chairman. the company took advantage of its worldwide rights to the sarco brand, establishing manufacturing operations in argentina, sweden, mexico, and italy, then forming a joint venture to enter india in 1959 and establishing a new subsidiary, sarco sul americana, in brazil the following year .
spirax - sarco engineering plc announced its 2017 full year results on 15th march 2018. to view our 2017 annual report or to listen to our results presentation, please visit the results and presentations page .
spirax - sarco engineering plc the world leader in its chosen niches. our products and services help our customers to implement environmentally friendly solutions for energy and water savings, improved safety and greater process efficiency .
spirax - sarco at last acquired the rights to the united states and canada when it paid white consolidated $ 29. 9 million to acquire sarco co. with full control of the sarco brand, spirax - sarco continued its expansion through the rest of the decade, establishing itself as the world' s preeminent maker of steam traps. by the end of the decade, spirax - sarco had become a truly international company, posting more than 75 percent of its sales overseas. spirax - sarco was also eminently profitable - - in 1990, the company celebrated its 22nd consecutive year of profit growth, a record spirax - sarco maintained throughout much of the economic uncertainty of the early 1990s .
spirax - sarco engineering plc completes the acquisition of chromalox, a well - established usa based provider of electrical products, systems and solutions for industrial process heating and temperature management, for us $ 415 million .
in 1957 clement wells sold sarco international to lionel northcroft and herbert smith of spirax - sarco ltd. with it came a controlling share of sarco companies in france, belgium and germany, as well as the worldwide rights to the sarco steam trap brand, other than in the usa and canada .
spirax - sarco engineering is the world leader in each of its two businesses, spirax sarco for steam specialties and watson - marlow fluid technology group for niche peristaltic pumps and associated fluid path technologies. the spirax sarco steam specialties business provides a broad range of products, engineered packages and site services, helping industrial and institutional steam users improve production efficiency and product quality; reduce energy costs, water usage and emissions; achieve regulatory compliance and enhance the safety of their operations .
during 1935, sarco company (uk) stopped selling sarco thermostats and several years later became known as the renown instrument company. looking for a suitable organisation to sell sarco thermostats in the uk, clement wells established sarco thermostats ltd in london in may 1937 .
spirax - sarco took over simco in 1957, gaining worldwide rights to the sarco steam trap brand - - other than the united states and canada. these markets stayed under the control of what remained of sarco co. , which became a subsidiary of white consolidated .
on 9th february 1907 the sarco fuel saving and engineering company was incorporated in new york, usa as a branch office of sanders, rehders and company. during 1911, clement wells (from sanders, rehders and company) travelled across the atlantic to take charge of the company in new york. the following year, on 11th january, the sarco fuel saving and engineering company became the sarco engineering company, later to be replaced by the sarco company inc. which was incorporated in the usa on 31st december 1915. sarco company inc. appears to have represented a break with sanders, rehders and company, and was primarily financed by clement wells .
on monday, spirax - sarco engineering plc (spx: lse) closed at 6, 385. 00, - 3. 05% below its 52 - week high of 6, 585. 59, set on jun 29, 2018 .
you are currently visiting our investor site. for spirax sarco or watson - marlow product or order enquiries, please visit our customer sites .
davouid, salamander ,
spirax - sarco boosted by asian revival ,
financial times, september 12, 2003, p. 30 .
harney, alexandra ,
spirax - sarco cautious amid clouded outlook ,
financial times, march 12, 2002, p. 29 .
during 1926, walker crosweller and company negotiated with clement wells to commence selling sarco manufactured steam traps in the uk. since the sarco trademark belonged to the british company (sarco engineering and trading company), the traps had to be sold under a different name. the trade name “spirax” was chosen, deriving from the helical, spiral tubing which formed an integral part of the steam traps .
on 9th august 2017, spirax - sarco engineering plc announced its half year results for the six months ended 30th june 2017. to view our 2017 half year report or to listen to our results presentation, please visit the results and presentations page .
spirax - sarco engineering plc announces the acquisition of gestra ag and associated businesses for €186 million. gestra is a technology leader in advanced industrial boiler control systems and specialises in the design and production of valves and control systems for steam and fluid process control .
spirax sarco, inc. has purchased emco flow systems of longmont, co, from advanced energy industries, inc. emco will be organized as a division of spirax sarco, with operations headquartered in longmont. the emco network of independent manufacturers' representatives will continue serving existing customers and markets .
​spirax - sarco engineering plc is a truly exceptional company. the success and strong performance that we have achieved during recent years, despite a challenging global economic environment, demonstrates that our strategy, robust business model and talented organisation deliver superior value to our shareholders .
spirax sarco, which makes components for machines that use steam, lifted pre - tax profits by 3 per cent for the year ended 31 december .
in 1990, spirax - sarco engineering plc acquired watson - marlow pumps, which had been established in 1956 in marlow, buckinghamshire, to produce medical pumps. (in 1969 watson - marlow had relocated to falmouth and expanded its operations to include industrial and scientific markets. )
the history of spirax sarco dates back to 1888 when mr herman sanders established a general merchant business in london and, shortly after, began selling steam traps .
during 1939, all walker crosweller and company staff involved in selling spirax equipment were transferred to the spirax manufacturing company, dissolving the partnership between the two companies .
our spirax sarco steam specialties business is the global leader in the supply of engineered solutions for the design, maintenance and operation of efficient industrial and commercial steam systems .
following world war 1, clement wells of sarco company inc. began to look for an outlet for sarco steam traps and thermostats in the uk and on 28th april 1921 the sarco engineering and trading company was established as a subsidiary of sanders, rehders and company in london. the company was established specifically to sell the steam traps and temperature regulators being manufactured for sarco in the usa. during the same year, walter crosweller, an employee of sanders, rehders and company, left sarco to establish a business with james walker. the company became walker crosweller and company .
in 1952, spirax bought sarco co.' s remaining u. k. interests (a process completed the following year) and renamed itself spirax - sarco ltd. at that time, a new u. s. - based company was formed, sarco international corporation of new york, or simco, which acquired the sarco steam trap rights outside of north america. simco opened two new european businesses, sarco appareils pour la vapeur, in paris, taking a 49 percent stake, and a sales office in belgium, established in 1952. two years later the company launched a manufacturing operation in konstanz, germany, sarco gmbh, a joint venture in which simco controlled slightly more than 50 percent .
sanders, rehders & co. (sarco) starts operations in london selling steam traps .
in 1997, spirax - sarco stepped up its peristaltic pumps presence when, through watson - marlow, it acquired netherlands - based bredel holdings. where watson - marlow specialized in smaller pumps, bredel' s specialty lay in larger pumps. the resulting business gave spirax - sarco the world leadership in the manufacture of peristaltic pump systems. watson - marlow and
during 2017, spirax - sarco engineering plc announced the acquisition of chromalox, a usa based provider of electrical products, systems and solutions for industrial process heating and temperature management. chromalox, which operates as an independent segment within the spirax sarco business group, substantially increases the group’s total addressable market. chromalox is closely related to the steam specialties business in delivering thermal energy solutions, with the decision between using steam or electricity as a heating medium being driven by differing needs of the application or customer circumstances .
steam power keeps spirax ticking ,
independent, march 11, 2003, p. 22 .
spirax - sarco acquired two other cheltenham - based companies in 1957, john such & sons and heat transfer ltd. , in a move to diversify its product range. john such, founded in 1909, manufactured tools, jigs, and other engineering equipment and tools. john such also manufactured heat exchangers designed and distributed by heat transfer ltd. , which had been set up just one year earlier. the two acquisitions enabled spirax - sarco to expand its manufacturing base, adding some 20, 000 square feet to reach a total of 50, 000 square feet of production space .
over the next decades, spirax - sarco continued its growth, through both acquisitions and international expansion. acquisitions helped the company diversify its product range, such as its purchase of bir - vac ltd. in 1961, adding a line of industrial and special - purpose vacuum equipment. in other areas, spirax - sarco started up its own businesses, such as the launch of theta controls ltd. in 1963, adding electronic thermostats for the residential market .
among the most significant acquisitions made by the company was that of drayton controls ltd. in 1963. that purchase doubled the company in size and extended its operations into such product ranges as filled thermostatic systems; domestic, commercial and industrial controls; and advanced sterilizing equipment and other hospital equipment. the company in the meantime continued its international expansion, adding subsidiaries in the netherlands, austria, and singapore. in 1972, spirax - sarco added an australian component, soon followed by operations in new zealand as well. spirax - sarco then entered the japanese market in 1973. later, spirax - sarco' s presence in asia expanded to include china, taiwan, malaysia, thailand, korea, and other markets .
tyler, richard ,
spirax keeps spiralling upwards ,
birmingham post, march 11, 2003, p. 19 .
today, spirax - sarco engineering plc has the most complete worldwide coverage of any business in our sectors. we have 114 operating units in 47 countries and a direct sales presence in over 60 countries, through which we directly serve over 100, 000 customers. in addition, we have distributors in over 50 countries. together, our network of operating units, sales offices and distributors enable us to serve customers in over 110 countries worldwide .
throughout world war 2, the spirax manufacturing company came under the wing of the admiralty. in 1942, amidst coal and oil shortages, spirax was introduced to the ministry of fuel and power and offered guidance on improving boiler efficiency. for the remainder of the war several spirax employees became involved in the technical fuel efficiency committees, the fuel education committee and oliver lyle’s steam panel .
before long, sarco u. s. became a primary manufacturer of sarco - branded steam traps and apparatus, starting export operations to the european continent - - and to the united kingdom. sanders, rehders by this time had reduced its role to that of a selling agent for sarco products, changing its name to sarco thermostats and moving to cheltenham. at the same time, sarco opened its first foreign subsidiary, in toronto, canada, in 1926. that company was led by eric wells, brother of clement wells. at first operated as a sales office, the canadian business set up its own manufacturing facility in clairmont, ontario, in 1941 .
brun - rovet, marianne ,
asian markets buoy spirax ,
financial times, march 11, 2003, p. 22 .
in 1946, clement wells gave permission to the spirax manufacturing company to export to denmark. until this time, overseas selling was conducted from america. six years later, in 1952, clement wells formed sarco international to look after the overseas interests of the american company .
the spirax manufacturing co. remained in london for the first half of the 1930s, then, after acquiring sarco thermostats, moved to cheltenham in 1937. that purchase gave the company the right to use the sarco brand name as well. in the years leading up to world war ii, the british company acquired a second branded line of steam traps, ogden, after purchasing the english company ogden & cunliffe. by then, spirax had been granted the rights to trade in the united kingdom (excepting canada), ireland, denmark, holland, portugal, sweden, and norway, while the u. s. - based sarco reserved the rest of the world' s market for itself .
by 2003, spirax - sarco' s sales neared £300 million, and the company had established clear leadership in two core product categories. the company remained committed to expansion, both internationally and organically. in 2003, it bought its south african peristaltic pumps distributorship from that country' s walter becker, for £1. 3 million. at the same time, the company announced its plans to spend £250, 000 to expand watson - marlow - bredel' s production capacity by 2004. spirax - sarco seemed far from losing steam as it entered the new century .
during world war 1, an embargo on german shipping threatened to cut off the supply of steam traps to the usa so sarco company inc. purchased the patent from their german suppliers and appointed roller - smith, a manufacturing company based in bethlehem, pennsylvania, to manufacture steam traps on their behalf. roller - smith continued manufacturing steam traps for sarco company inc. until 1935 when sarco established its own manufacturing plant in the usa .
spirax - sarco engineering plc, the world leader in the control and efficient use of steam and in niche fluid technology, announces the establishment of a new wholly - owned operation through which it will commence direct selling into the indian market, which has good medium and long - term opportunities for sales and profit growth. an agreement has also been signed on 1 st march 2015 to exit the long - standing joint venture in india with forbes marshall private limited, with completion expected before the 31 st march 2015 .
ford, jonathan ,
spirax makes headway in' demanding' markets ,
financial times, march 17, 1998, p. 30 .
during 1963 spirax sarco acquired drayton controls, a significant competitor in self - acting controls and steam traps. this acquisition doubled the size of the company and extended its operations into such product ranges as filled thermostatic systems; domestic, commercial and industrial controls; and advanced sterilising and other hospital equipment .
the history of spirax - sarco dates back to 1888 when mr herman sanders established a general merchant business in london and began selling steam traps. today, we have our company headquarters in cheltenham, uk, and have 114 operating units providing the global network through which we serve customers in over 110 countries. ​
at the beginning of the 1990s, spirax - sarco made a new move to diversify and expand its operations. in 1990, the company paid £15. 3 million to pharmaceutical group smith & nephew for watson - marlow. founded in buckinghamshire in 1956, watson - marlow had been a pioneer in developing pumps based on the peristaltic system for the hospital market, leading to its acquisition by smith nephew in 1977. over the next decade, watson - marlow began expanding beyond the medical applications into a variety of markets - - many of which were shared with spirax - sarco - - although maintaining a specialty of small - scale pumps .
the 2017 plant engineering salary survey looks at not just what plant managers make, but what they think. as they look across their plants today, plant managers say they don’t have the operational depth to take on the new technologies and new challenges of global manufacturing .
in november 1937, the spirax manufacturing company moved to cheltenham. the lease on its london property was coming to an end and industries were being encouraged to move out of london due to the fear of impending war. cheltenham was chosen as it had already become home to walker crosweller and company, which continued to handle sales of spirax products .
by then, spirax - sarco had been forced to overcome a bump in the late 1990s, after the company shut down its allentown plant and moved its u. s. manufacturing operations to south carolina. the company had underestimated the cost of moving, especially training costs after a majority of its former pennsylvania workers refused to relocate with the rest of the company .
the depression once again made foreign shipments too costly - - this time, however, its was the u. s. - based business that sought a manufacturing partner overseas. in 1932, ha smith and others, including later company chairman lionel northcroft, established a new business in london to manufacture the sarco steam traps, but under a different brand name: spirax .
despite this episode, spirax - sarco continued its slow but steady growth, making a series of acquisitions at the turn of the century. in 1998, the company moved into spain, buying the safety valve operation of especialidades hydra, based in barcelona, for £3. 1 million. in 2000, the company added m & m international, based in italy, paying £6. 8 million for its solenoid and piston - activated valve manufacturing operation. the company returned to italy at the end of 2002 when it acquired milan - based ampe, a maker of pneumatic and electronic instrumentation and actuators. by then, the company had expanded its australian subsidiary as well, acquiring marford engineering for £1 million, based in brisbane .
the addition of emco complements our existing range of steam flow meters. emco also brings proven flow measurement solutions for commercial and industrial liquids and gases that will enhance the application breadth of our process instrumentation product portfolio ,
spirax sarco, inc. , president mark vernon said .
emco has a rich heritage of product innovation, and we intend on accelerating the development of new products that are already under consideration .
sarco (from sanders rehders & co .), as the company and its products became known, developed into a leading engineered steam products group. in 1908, the company set up a sales office in new york city, sending clement wells there as the company' s representative. sarco quickly developed into a full - fledged company; when imports of steam traps became too expensive during and after world war i, wells transformed sarco inc. into a manufacturing operation, opening a plant in allentown, pennsylvania. wells then extended the company' s production to include thermostats and other temperature regulators, all the while sticking to the company' s focus on steam .
spirax, however, asked investors to note a' normalised' earnings figure that strips out the exceptional item. on that basis earnings for 1992 were a little higher at 18. 8p. shares rose 8p to 357p yesterday .
four - fifths of spirax' s profits are generated overseas. but the global nature of the business gives rise to a problem with advance corporation tax. the total tax charge was 40 per cent, compared with 35 per cent last time .
our people are our most important asset and also our greatest competitive advantage; it is through their dedication and hard work that we achieve success for all stakeholders. we recruit high - calibre employees and invest extensively to develop their knowledge, ensuring that we meet the needs of customers and deliver outstanding value to shareholders. during 2016, we established the spirax sarco academy, with an independent budget and leadership team, to oversee delivery of the learning and development programmes of the steam specialties business' s customer - facing staff .
the two acquisitions bring spirax' s former trading agent in italy, jucker, into the group, costing pounds 5m in cash plus the assumption of pounds 8m of debt. it has also paid pounds 1m for a 25 per cent stake in its spanish licensee .
taxable profits were pounds 23m, up from pounds 22. 5m. tight cash management reduced debt, and the lower interest charge could have boosted profits. however, spirax took losses on the disposal of a business into the pre - tax figure - in line with the new frs3 accounting standard .
the great depression and britain' s decision to leave the gold standard meant that it was no longer economically viable to import steam traps into the uk from the usa. thus, in 1932 the spirax manufacturing company was established in london by clement wells and walker crosweller to manufacture steam traps in britain. ​
in 1888, mr herman sanders established a general merchant business at 108 fenchurch street, london. a year later, mr rehders joined in partnership and in 1890 sanders, rehders and company (sanders, rehders and company, i. e. sarco) was established and began importing steam traps and recording instruments from germany. the business prospered and sanders, rehders and company became a limited company on 1st january 1907 .
the industrial revolution and the adaptation of steam power to a variety of industrial uses opened up vast areas of entrepreneurial development, as steady advances in technology required new engineering solutions and products. the use of steam - - a powerful, clean source of heat - - introduced a need for a device to drain off water condensation while retaining the steam itself. the resulting device was called the steam trap, and one of the earliest manufacturers was a british firm called sanders, rehders & co. that company was formed to make and sell steam traps and other steam power - related parts, devices, and equipment in london in 1888 .
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meredith corporation operates as a diversified media company in the united states. it operates in two segments, local media and national media. the local media segment operates television stations, such as 7 cbs affiliates, 5 fox affiliates, 2 mynetworktv affiliates, 1 nbc affiliate, 1 abc affiliate, and 2 independent stations. this segment also includes 12 websites, 12 mobile - optimized websites, and approximately 30 applications focused on news, sports, and weather - related information. the national media segment publishes magazines for women. this segment publishes approximately 20 subscription magazines that include better homes & gardens, parents, family circle, allrecipes, rachael ray every day, martha stewart living, shape, and familyfun, as well as approximately 140 special interest publications under approximately 90 titles. its portfolio also includes approximately 50 websites, 30 mobile - optimized websites, and 20 applications. in addition, this segment offers digital and customer relationship marketing services, such as specialized marketing products and services to america' s companies. further, it is involved in the provision of a consumer database, as well as custom content; and brand licensing activities and other related operations. the company was founded in 1902 and is headquartered in des moines, iowa .
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meredith trades on the new york stock exchange (nyse) under the ticker symbol
mdp .
meredith declared a quarterly dividend on wednesday, may 9th. shareholders of record on thursday, may 31st will be paid a dividend of $ 0. 545 per share on friday, june 15th. this represents a $ 2. 18 dividend on an annualized basis and a yield of 3. 93% . the ex - dividend date of this dividend is wednesday, may 30th. view meredith' s dividend history .
meredith co. (nyse: mdp) posted its quarterly earnings data on thursday, may, 10th. the company reported $ 0. 74 earnings per share (eps) for the quarter, beating the consensus estimate of $ 0. 41 by $ 0. 33. the firm earned $ 648. 80 million during the quarter, compared to analyst estimates of $ 752. 28 million. meredith had a net margin of 6. 62% and a return on equity of 15. 46% . meredith' s revenue for the quarter was up 52. 5% compared to the same quarter last year. during the same quarter in the previous year, the business earned $ 0. 87 earnings per share. view meredith' s earnings history .
meredith is scheduled to release their next quarterly earnings announcement on thursday, july, 26th 2018. view earnings estimates for meredith .
6 brokers have issued 1 - year target prices for meredith' s shares. their forecasts range from $ 70. 00 to $ 80. 00. on average, they expect meredith' s stock price to reach $ 75. 3333 in the next year. view analyst ratings for meredith .
2. benchmark co. analysts commented ,
we view steve’s 10, 000 + share purchase as a reasonably strong statement of belief in a combination of the medium - long - term outlook as well as the current valuation of the existing asset base, and suspect the purchase will prove prudent over the next 12 months regardless of any interim noise. with all of the attention on the publishing results, and given some challenging core results (as well as weakness across the entire sector), we think mdp’s broadcast asset is being overlooked. while it’s hard to gauge if a sale is being considered down the road (tax and spin implications make a near - term sale challenging), the firm has a strong portfolio, with 4 duopolies in the top 31 dmas, which we have already seen drive retrans leverage within our universe (we note mdp’s other line jumped from $ 64. 2 million in f2q18 to $ 88. 9 million in f3q18) .
( 6 / 12 / 2018 )
some companies that are related to meredith include aramark (armk), us foods (usfd), ingredion (ingr), blue buffalo pet products (buff), pinnacle foods inc common stock (pf), service co. international (sci), remy cointreau / adr (remyy), jbs s a / s (jbsay), san miguel (smgby), 51job (jobs), post (post), square enix (sqnxf), glanbia (glapy), coca cola amati / adr (cclay) and pilgrim' s pride (ppc) .
news articles about mdp stock have been trending positive this week, according to accern sentiment analysis. the research firm scores the sentiment of news coverage by monitoring more than 20 million blog and news sources. accern ranks coverage of companies on a scale of - 1 to 1, with scores nearest to one being the most favorable. meredith earned a news sentiment score of 0. 27 on accern' s scale. they also assigned press coverage about the company an impact score of 46. 34 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company' s share price in the next several days .
meredith' s stock is owned by many different of institutional and retail investors. top institutional shareholders include marshwinds advisory co. (0. 03 %). company insiders that own meredith stock include donald c berg, edwin t iv meredith, frederick b henry, john s zieser, joseph h ceryanec, meredith d mell frazier, paul karpowicz, stephen m lacy, steven m cappaert and thomas h harty. view institutional ownership trends for meredith .
mdp stock was bought by a variety of institutional investors in the last quarter, including marshwinds advisory co. . view insider buying and selling for meredith .
shares of mdp can be purchased through any online brokerage account. popular online brokerages with access to the u. s. stock market include vanguard brokerage services, td ameritrade, e * trade, scottrade, fidelity and charles schwab .
one share of mdp stock can currently be purchased for approximately $ 55. 50 .
meredith has a market capitalization of $ 2. 48 billion and generates $ 1. 71 billion in revenue each year. the company earns $ 188. 92 million in net income (profit) each year or $ 4. 00 on an earnings per share basis. meredith employs 3, 620 workers across the globe .
meredith' s mailing address is 1716 locust st, des moines ia, 50309. the company can be reached via phone at 515 - 284 - 3000 or via email at [ email protected ]
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emco, founded in 1967, provides flow measurement products for hvac, commercial and municipal water and other industrial applications involving steam, gas and liquids. emco product lines include in - line and insertion vortex flow meters, insertion turbine flow meters, doppler and transit time ultrasonic flow meters, electromagnetic flow meters, flow processors and temperature transmitters .
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maintenance is not optional in manufacturing. it’s a profit center, driving productivity and uptime while reducing overall repair costs .
the lachance on cmms blog is about current maintenance topics. blogger paul lachance is president and chief technology officer for smartware group .
this digital report explains how plant engineers need to take greater care when it comes to electrical safety incidents on the plant floor .
the maintenance journey has been a long, slow trek for most manufacturers and has gone from preventive maintenance to predictive maintenance .
articles in this digital report highlight technologies that enable industrial internet of things, iiot - related products and strategies .
this course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems .
this course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment .
this course explains how maintaining power and communication systems through emergency power - generation systems is critical .
the company also announced two acquisitions, one in italy and one in spain, costing a total of pounds 14. 5m .
the exceptional cost of closing the business, coupled with the larger tax bill, produced lower earnings per share of 17. 1p against 18p .
chris tappin, chairman, said the image of the company as a leftover of the steam age is unfair. steam is still important in many sectors, including textiles and plastics. it is also finding new uses in biotechnical applications. however, it admitted that the developing world holds more promise of sales than the developed world .
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can you help us keep our history of pumps up to date? (image courtesy of shutterstock. com. )
since this time line was published five years ago, we have received various updates and comments – many of which have now been incorporated where possible. suggested additions should be as brief and accompanied by a date .
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one trend has been the increasing importance of niche positive displacement pumps, particularly rotary types. peristaltic, progressing cavity and rotary lobe pumps have all risen in profile as their capabilities have been introduced to new markets by improved communications. increasing competition has meant that users have been more inclined to experiment in the search for the ideal pump for difficult duties .
the trends that have affected all of us have also had their impact on the pump market. increased environmental awareness gave a real boost to pumps without shaft seals. magnetic drive and canned motor units have thrived and even produced a hybrid combining the two technologies. pump shaft sealing has also changed dramatically. asbestos in packing is outlawed and today the vast majority of new pumps are supplied with mechanical seals, often in factory - assembled cartridge format to avoid the risk of face damage during handling .
materials have also developed. sea - water pumps have seen gunmetal and aluminum bronze replaced by highly alloyed super - austenitic and super - duplex stainless steels. new non - metals have made possible tiny pumps for human implant. ceramics and tungsten / silicon carbide have vastly reduced wear rates in pumps of all sizes. even large sub - sea variable speed super - synchronous drive motors for pumps are now possible .
electronics and computers have overtaken all our lives and inevitably have entered the physical world of pumps in the form of variable speed drives (vsd' s), scada systems and condition monitoring equipment. integral vsds on in - line pumping units now dominate the building services market. pump selection software has speeded up the process of choosing a pump, as well as opening opportunities in marketing. for the designer, cad and cfd have reached new heights. they can now interact but they still have some way to go before they fully replace personal expertise .
life cycle costing has become a part of everyday life and has shown that energy costs usually eclipse all other lifetime costs. vast savings are frequently realised by system improvement but appropriate legislation is practically impossible to formulate. although pump efficiency improvements give relatively small returns for large outlays, legislation for raising efficiency now exists in korea and china. the european commission, as part of its energy using products directive, has targeted the raising of efficiencies of water pumps. europump has been instrumental in assisting the ec in this task and has proposed a method for eliminating bad performers .
we are all aware that in recent years, discussions about the pump industry have been dominated by talk of mergers, takeovers and disposals. indeed, as we consider the major pump makers of 2009, it is hard to name one which has not changed markedly since 1959 .
itt, idp, sterling fluid systems, grundfos, wilo and abs have changed almost beyond recognition. established independent makers like harland, flygt, worthington and now weir pumps have disappeared, whilst newer names like textron, constellation capital, idex, pentair and flowserve have arrived on the scene, continuing the trend for the biggest companies to get bigger .
other interesting changes include diversification. for example, after more than 50 years of providing submersible motors to pump makers, franklin electric has ‘pulled the plug’ and now buys pump companies to produce its own units .
mind you, it is also interesting to note from the chronology of the pump industry listed below, that even in the early years of this magazine mergers and acquisitions were not unknown and ever since there has been a continuous environment of change .
probably the biggest single change in this industry has been the transition from a local to a global marketplace. fifty years ago we had only national trade associations but today the significant impetus in inter - company relations is at intercontinental level. the europump association has grown massively in stature and effectiveness in its 49 years, and now works in close partnership with the hydraulic institute in the us. this partnership reflects ever closer cooperation between pump manufacturers' associations, a development that mirrors this magazine' s evolution from national through european to global coverage. ♦
wheatly (reciprocating pumps) established in kansas city, missouri, by frank wheatley sr. and his brother
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this white paper by weir discusses the methods for configuring pitot tube pumps, in order to maintain balanced pressure .
this white paper discusses the methods for configuring pitot tube pumps, in order to maintain balanced pressure .
for more than 50 years, world pumps has been the world' s leading pump magazine, keeping the pump industry and its customers informed about all the technical and commercial developments in their industry .
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watson - marlow limited has been honoured with a queen’s award for enterprise: innovation 2018, for the development of its qdos pump technology; the world’s first self - contained, chemical metering pump .
watson - marlow specialises in the design and manufacture of world - leading niche peristaltic pumps and associated fluid path technologies .
our strong presence around the world makes us the first choice provider of engineered solutions for customers within our business niches .
with 116 operating units in 47 countries, and a direct sales presence in 62 countries worldwide, we are an organisation with a global reach .
we serve a wide range of industries and have a great diversity of end markets and customers. this diversity insulates us from much seasonal and cyclical demand .
the board is chaired by non - executive chairman, jamie pike, with nicholas anderson as group chief executive. in addition to the non - executive chairman, the board comprises four independent non - executive directors and four executive directors .
please note, we will assume that the data furnished by you is your business information and not your personal information .
we consistently achieve results that outperform our markets as we focus on creating our own growth opportunities through the implementation of our strategy .
we have an outstanding financial record, with 7% per annum revenue growth over the 10 years to 2016 and a step - up from acquisitions in 2017, and have 50 years of dividend progress. ​
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spirax-sarco engineering plc ( lse : spx ) is a leading british-based manufacturer of steam management systems and peristaltic pumps and associated fluid path technologies . it is headquartered in cheltenham and is a constituent of the ftse 250 index . 
spirax-sarco engineering plc (lse: spx) is a leading british-based manufacturer of steam management systems and peristaltic pumps and associated fluid path technologies. it is headquartered in cheltenham and is a constituent of the ftse 250 index.
spirax-sarco engineering plc (lse: spx) is a leading british-based manufacturer of steam management systems and peristaltic pumps and associated fluid path technologies. it is headquartered in cheltenham and is a constituent of the ftse 250 index.