Ahlstrom unveils new business structure

Ahlstrom unveils new business structure

INDEX/NEWS Filtration Company Index Ahlstrom Akastor Aker Solutions Alfa Laval Ambienta Amiad Amplio Group Andritz AquaVenture Arkal Asahi Kasei Atla...

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INDEX/NEWS

Filtration Company Index Ahlstrom Akastor Aker Solutions Alfa Laval Ambienta Amiad Amplio Group Andritz AquaVenture Arkal Asahi Kasei Atlas Copco BASF Bilfinger BluMetric Environmental Calgon Carbon Cameron Cantel Medical Ceco Environmental Cemtrex Citic Envirotech Clarcor Crane Cummins DESMI Donaldson DuPont Eaton Entegris Envirogen ESCO Technologies Evoqua Water Technologies FLSmidth GE GEA GUD Holdings H2O Innovation Hyflux Indutrade ItN Nanovation ITT JWC Environmental Koch Membrane Systems Lanxess LiqTech Lindsay Lydall 3M Mann+Hummel MayAir Memstar Merck Metso MFRI Microdyn-Nadir Modern Water Mycelx Technologies Nanostone Water Nederman Nephros Netafim Nitto OriginClear Outotec Ovivo Pall Parker Hannifin Pentair Porvair Premier Tech Aqua Puradyn Salttech Sartorius Schlumberger Schweitzer-Mauduit Seychelle Environmental Siemens SPX SPX SPX Flow Sulzer Tomoe Engineering Toray Toyobo TriSep Tsukishima Kikai Valmet Wabag Water Standard Watts Water Weir Xylem

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Filtration Industry Analyst

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Clarcor to cut workforce by 3.2%

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ne hundred and ninety jobs are going at Clarcor Inc as part of company efforts to align operating expenses with long-term strategic initiatives and current macroeconomic business conditions. The layoffs are expected to be substantially completed during fiscal 2015. Clarcor had 6015 employees at the end of fiscal 2014. The filter company expects to recognise approximately US$5.2 million of pre-tax restructuring charges in the fourth quarter of fiscal 2015 related to this reduction-in-force, consisting of severance and other employee termination benefits, substantially all of which are expected to be settled in cash. Clarcor says that its management continues to analyse the company’s cost structure and evaluate other potential restructuring and cost reduction opportunities in light of its strategic priorities and management’s expectation that the current low sales growth macroeconomic environment is likely to continue in fiscal 2016.

For further information, visit www.clarcorinc.com

Ahlstrom unveils new business structure

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rom 1 January 2016, Ahlstrom Corp will be organised into two business areas: Filtration & Performance; and Specialties. The Filtration & Performance business area will include the engine and industrial filtration, industrial nonwovens, wallcoverings, building and wind businesses. The Specialties business area will consist of food packaging, masking tape, medical and advanced filtration businesses. The two business areas will have responsibility for sales and market development, technical and customer service, product development and operations. Ahlstrom is also making a number of changes to its executive management team. Fulvio Capussotti has been appointed executive vice president (EVP), Filtration & Performance; Omar Hoek EVP, Specialties; and Jari Koikkalainen EVP, Procurement & Commercial Excellence.

The executive management team members Sakari Ahdekivi, CFO, Ulla Bono, EVP, Legal and General Counsel, and Päivi Leskinen EVP, Human Resources, will continue in their current positions. Ahlstrom says that it is simplifying its business structure to increase market and customer focus. “The changes in operational and management structure will bring further focus in serving our customers and markets. I am confident that the streamlined business model will bring further efficiency and clarity to all of our operations,” said Marco Levi, president and CEO of Ahlstrom. The new appointments will be effective from 1 January 2016. All executive management team members will report to Levi. For further information, visit www.ahlstrom.com

JWC Environmental buys IPEC Consultants

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WC Environmental, a Windjammer Capital Investors portfolio company, has acquired IPEC Consultants, a Canadian manufacturer of solids/ liquid separation products for wastewater and specialty industrial process liquids. “The missions of JWC and IPEC are highly aligned. Both companies strive to provide the most advanced and reliable waste separation and reduction systems on the market,” said Ken Biele, CEO of JWC Environmental. “JWC saw this opportunity as a natural progression of our efforts to expand our successful Monster Separation Systems coarse and fine screen products to a larger audience.” “Today’s debris is tougher and more durable than ever before, and it’s critical that customers utilise both dual-shafted grinders and screens together for complete solids preconditioning. With this acquisition, JWC can now confidently offer the most robust screening solutions for any solids/liquid separation application,” said Biele. As part of the acquisition, Bert Irwin, founder and owner of IPEC, will join the JWC executive team to support the ongoing business. “We are pleased to become part of such a respected and trusted leader in the wastewater industry,” said Irwin. “Their strong global presence, extensive field service network and significant financial resources will allow the IPEC product lineup to better serve a far wider customer base.”

November 2015