Global Cartridge Filter Mkt to Hit $13 Bil in 2012 The market for cartridges used to purify liquids climbed steadily from 2002 to 2008, reaching $13 billion, but demand has languished since, according to a report by McIlvaine Company. However, by 2012, McIlvaine predicts it will be back on track with forecasted revenues (at the manufacturer level) of $14 billion.
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Asian Chip Mfgs to Drive Flow Control Demand By 2015, semiconductor manufacturing will be concentrated in Asia, with 74 percent of the production and 70 percent of the revenues generated in this region, according to a report by The McIlvaine Company. As such, the report predicts 78 percent of the world's semiconductor equipment purchases will be for Asian chip fabrication facilities.
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Hydraulic Institute Announces 2010 Board of Directors and Officers The Hydraulic Institute announced its 2010 Board of Directors and Officers during its 93rd Annual Meeting recently held on Marco Island, Florida. The new Board will be primarily responsible for providing organizational oversight to the Institute and guiding the direction of its strategic plan.
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New Flygt Jet Mixers with Dry-Installed N-Technology ITT Water & Wastewater announces the launch of advanced Flygt jet mixers. Specially designed for demanding wastewater and sludge applications, these powerful new Flygt jet mixers combine the patented Flygt N-technology with an innovative ejector assembly.
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World Air Filters Mkt. to Hit $6.6 Bil. in 2010 The market for filters to purify air in commercial buildings, residences and industrial working environments will be up by $200 million reaching $6.6 billion worldwide in 2010, according to a report by McIlvaine Company.
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FSA Appoints Edward Marchese as Vice President of Board of Directors The Fluid Sealing Association is pleased to announce the appointment of Edward Marchese as Vice President of its Board of Directors.
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Companies Cautiously Prepare to Raise Salaries As the economy begins to recover, salary increases should do the same.
In the past few years, employers have raised workers' salaries by about 4 percent per year -- except for 2009, when the figure dropped to a historically low 2.1 percent, according to a survey of employers by global human resources association WorldatWork. About one-third of companies froze raises altogether.
For 2010, WorldatWork's survey projects an average salary increase budget of 2.7 percent, a figure that shows how the situation has improved but also that the job market is still weak. Between 10 percent and 15 percent of companies said they would freeze raises -- far fewer than in 2009, but still more than in most years.
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ABB wins power transmission order worth $550 million from Irish grid operator ABB, the leading power and automation technology group, has won an order worth $550 million to connect the Irish and U.K. power grids using technology that will strengthen the reliability and security of electricity supplies in each country, and enable Ireland to expand its wind power capacity
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Hiring Pros Share Insights About Social Networking Sites Are you using social networking sites as part of your recruiting -- either for finding and/or vetting candidates? What are your observations and tips about how candidates can use these sites effectively as part of a job search?
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Tsurumi Calls In the “Puddle Suckers” for Record-Breaking Tunnel Project in Turkey Tsurumi has placed 90 pumps, including 40 of its LSC series (known as the “Puddle Suckers”), on the construction of Europe’s first ever intercontinental underwater rail link.
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