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This timeline focuses
on Pentair's growth in industrial manufacturing, and does not reflect
all acquisitions and dispositions of businesses.
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<<December
15, 2005
Pentair announced a joint
venture agreement with ITT Industries, Inc. to create FARADYNE Motors
LLC. FARADYNE designs, develops and manufactures submersible pump
motors. |
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<<December
1, 2005 Pentair
acquired certain assets of APW Ltd., including the McLean Thermal
Management, Aspen Motion Technologies and Electronic Solutions businesses.
These businesses provide thermal management solutions and integration
services to the telecommunications, data communication, medical and
security markets. |
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<<February
23, 2005 Pentair
acquired the assets of Delta Environmental Products, Inc. to complement
existing businesses in its Water Group. Delta offers a full range
of wastewater treatment products for the residential and commercial
onsite treatment markets. |
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<<October
4, 2004 Pentair
completes the sale of its Tools Group to Black & Decker for $775
million. |
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<<August
2, 2004 Pentair
completes the acquisition of WICOR Industries, which manufactures
water system, filtration and pool equipment products under the Sta-Rite,
SHURflo and Hypro brands, creating a $2 billion Pentair water technology
business with nearly 8,000 employees worldwide. |
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<<December 31, 2003
Acquired water filtration products manufacturer,
Everpure, Inc., of Northbrook, Illinois, from United States Filter
Corporation, a unit of Veolia Environnement.
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<<February 10, 2003 Acquired
the swimming pool heat pump assets of privately held HydroTemp Manufacturing
Co., Inc. of Fort Myers, Florida. |
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<<February 26, 2003 Acquired
the assets of privately held Letro Products, Inc., of Redding, California,
a designer and manufacturer of swimming pool accessories including
pool cleaners, skimmer lids, skimmer thermometers, automatic water
fillers, flowmeters, and replacement parts. |
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<<October 2, 2002 Acquired
Oldham Saw Co., Inc. of West Jefferson, North Carolina. Oldham Saw
designs and manufactures router bits, circular saw blades, and related
accessories for the do-it-yourself and professional power tool markets.
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<<September
3, 2002 Acquired
water filtration products manufacturer, Plymouth Products, Inc., of
Sheboygan, Wisconsin. Plymouth Products manufactures water filtration
products used in residential, commercial, and industrial applications. |
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<< September 3, 1999
Acquired DeVilbiss Air Power
Company, a manufacturer of air compressors, pressure washers, and
generators
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<<
August
10, 1999 Acquired
Essef Corporation, a manufacturer of products used in moving, treating,
and storing water. Essef's PacFab pool and spa equipment business
was combined with the Pentair Pump Systems to form the Pentair Pump
& Pool Group. Essef's Structural Fibers pressure tank business
was combined with Pentair's Fleck Controls to form Pentair Filtration
and Purification Technologies. |
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<<
April
6, 1999
Acquired WEB Tool &
Manufacturing, a maker of custom enclosures
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<<
October
30 , 1998 Acquired
the Walker Dickson Group Ltd., a manufacturer of electronic enclosures;
the business now operates as Pentair Enclosures U.K. |
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<<
April
30, 1998
Acquired T-Tech Industries, a maker of automotive transmission fluid
(ATF) exchanger systems; T-Tech is wholly owned by Century Manufacturing
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<<
January
30 , 1998
Acquired ORSCO, a manufacturer
of precision oil dispensing systems; ORSCO is wholly owned by Lincoln
Industrial
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<< January
1 , 1998
Established The Pentair
Foundation for charitable giving
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<< January
1 , 1998
Restructured into three
operating groups: Professional Tools and Equipment; Water and Fluid
Technologies; and Electrical and Electronic Enclosures
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<< October
31, 1997
Sold Federal Cartridge Company
to Blount International
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<< August
23, 1997
Acquired the General Signal
Pump Group, a manufacturer of fluid handling products and systems,
comprising four name-brand businesses -- Aurora, Hydromatic, Fairbanks
Morse, and Layne & Bowler; these businesses were combined with
F.E. Myers to form the Pentair Pump Systems
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<<
July
2, 1997
Acquired P&F Technologies Ltd., a maker of refrigerant recycling
systems and accessories; P&F Technologies is wholly owned by Century
Manufacturing |
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<<
January
28, 1997
Acquired Transrack, a manufacturer of electronic enclosures; Transrack
is wholly owned by Schroff |
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<<
December
2, 1996
Acquired SIATA, a maker of water conditioning control equipment; SIATA
is wholly owned by Fleck Controls |
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<<
November
4, 1996
Acquired Century Manufacturing Company, a maker of vehicle service
equipment |
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<<
June
12, 1996
Acquired FLEX, a manufacturer
of portable power tools; FLEX is wholly owned by Porter-Cable
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<<
May
20, 1996
Ranked by IndustryWeek magazine among the 1000 largest industrial
manufacturing companies in the world |
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<<
March
1, 1996
Listed on New York Stock
Exchange
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<<
January
23, 1996
Acquired Aplex, a manufacturer of reciprocating pumps; Aplex is wholly
owned by F.E. Myers |
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<<
November
1, 1995
Acquired Biesemeyer, a maker of precision woodworking accessories;
Biesemeyer is wholly owned by Delta International |
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October 16, 1995
Acquired Fleck Controls,
a maker of control valves for water systems
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<<
June
30, 1995
Completed divestment of paper businesses |
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<<
May
15, 1995
Reached $1 billion market capitalization |
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<<
January
1, 1994
Acquired Schroff, a manufacturer of electronic enclosures |
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<<
December
31, 1989
Annual Sales exceeded $1 billion
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<<
December
15, 1988
Acquired Federal Cartridge
Company, a sporting and law enforcement ammunitions manufacturer;
and Hoffman Engineering Company, a maker of electrical enclosures
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<<
August
15, 1986
Acquired McNeil Corporation,
comprising Lincoln Industrial, a manufacturer of industrial lubrication
systems and equipment; Lincoln Automotive, a maker of vehicle service
equipment; and F.E. Myers, a manufacturer of pumps and water handling
systems
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<<
December
31, 1984
Ranked by Fortune magazine among the 500 largest industrial companies
in the United States |
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<<
July
20, 1984
Adopted Pentair Code of Business Conduct |
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<<
April
12, 1984
Acquired Delta International Machinery Corp., a manufacturer of woodworking
equipment |
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<<
October
19, 1981
Acquired Porter-Cable Corporation,
a manufacturer of portable electric power tools
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<<
October
17, 1978
Made decision to diversify outside of paper manufacturing
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<<
April
3, 1972 Acquired
Niagara of Wisconsin Paper Corporation
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<<
June
3, 1968 Entered
paper business with purchase of Peavey Paper Mills
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<<
December
6, 1966
First public offering of shares |
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<<
August
31, 1966 Incorporated
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<<
July
6, 1966
Founded |
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