TPT November 2008

I ndustry N ews

Business News in Brief…

Hypertherm (www.hypertherm. com), a provider of plasma metal cutting, has appointed a new

business news in brief…

regional manager for distribution sales in northwest Europe. Mr Magnus Olsson will be responsible for distribution sales in the UK, Northern Ireland, Scotland, Scandinavia and Germany. www.read-tpt.com Available to read online:

Elcometer (www.elcometer. com), UK, has changed its name to Elcometer Limited, a decision

Technip , France, has acquired EPG , a specialized engineering company in the oil and gas and

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taken to reflect the company’s global position and reinforce its brand. Elcometer has been a market leader for over 60 years in inspection equipment for the coatings industry, with design and development of new products. In recent years, Elcometer has added several new product ranges to its extensive catalogue.

petrochemical sectors. This acquisition will broaden the range of services offered to the clients of Technip and EPG, which will be renamed Technip-EPG BV. Based in the Netherlands, EPG is specialized in plant modifications with 35 years of experience.

Linde Group (www.linde.de), Germany, has reported stable sales growth of 12.9 per cent

(€6.256 billion) in the first half of 2008. The company has continued to improve profitability, increasing operating profit by 15.4 per cent to €1.258 billion. Linde’s operating margin rose by 40 basis points compared with the prior year period to 20.1 per cent.

Rafter Equipment Corporation (www.rafterequipment.com), USA, has added Mr Mark

Prasek as vice-president of sales and marketing. Mr Prasek will direct the sales and marketing efforts for the company. He has spent the last sixteen years in the tube and pipe industry working for both Yoder Manufacturing and EFD Induction. Rafter Equipment manufactures tube and pipe mills, roll forming machines, cutoff machines, auxiliary and other related tube and pipe mill machinery.

Sandvik Materials Technology (www.smt.sandvik.com), has appointed Mr Tom Clifford as its

new account manager for the UK’s southern area to advise customers on the company’s complete product offering. Mr Clifford has worked in sales for a number of years with building product and plumbing systems specialists.

Kemppi (www.kemppi.com), Finland, has signed an extended sponsorship deal with the Force India Formula 1 team for

the 2008/2009 F1 World Championship seasons. The company’s CEO Mr Anssi Rantasalo attended the British Grand Prix test day at Silverstone and met the Force India team principal, Dr Colin Kolles.

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N ovember 2008

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