ITT Industries
Press Releases

Changes at the top of EUROPUMP

23/06/2003

Milan, 9th June 2003


During the annual General Meeting of "Europump" - the European association of pump manufacturers - which was held in Istanbul on 7th June 2003, Paolo Marinovich (Italy) was nominated President of the association with a two-year mandate. Peter Würzbacher (Germany) was nominated vice-president.

Over 100 delegates from various manufacturers of hydraulic pumps attended the General Meeting, organized by POMSAD, the Turkish trade association.

Marinovich, President of Lowara (a member of the ITT Industries group with headquarters in Montecchio Maggiore, Vicenza, Italy) and current President of Assopompe, succeeds Michel Laroche (France), who guided the European association during the past two years.

Europump has a membership of 450 companies from 16 countries, with an overall production amounting to 6 billion Euros. The association maintains contacts with the institutions of the European Union, promotes technical and normative activities and offers statistical information on market trends in order to improve cooperation and facilitate the industrial, commercial and organizational development of the member companies.

ITT-Lowara (www.lowara.com), headquarters of "Residential and Commercial Water - EMEA" part of the ITT Corporation and located in Montecchio Maggiore, Vicenza - Italy, is a leader in the manufacture of hydraulic pumps and water handling and control systems. It has 1.348 employees in Europe, 771 operating in Italy. In 2007 its consolidated sales totalled about 284 million euro, or over 390 million dollars.
ITT Corporation (www.itt.com) is a diversified high-technology engineering and manufacturing company dedicated to creating more livable environments, enabling communications and providing protection and safety. The company plays an important role in vital markets including water and fluids management, global defense and security, and motion and flow control. ITT employs approximately 40,000 people serving customers in more than 50 countries. Headquartered in White Plains, N.Y., the company generated $9 billion in 2007 sales.