Xylem announces dry-pit pump testing centre in Sweden
Global water technology company Xylem Inc. has revealed a new dry test pit for large capacity pumps at its manufacturing plant in Emmaboda, Sweden. According to the company’s own publication, Making Waves, the new facility “will enable testing of wastewater pumps up to 20,000 pounds (lbs) in horizontal and vertical configurations in a dry environment.” This will give prospective customers reams more information about what’s on offer, and allow them to discover “exact performance data” by testing to specification.
Xylem’s share price has appreciated by 16% so far this year
Source: Yahoo Finance
Xylem’s long-term story is a compelling one, and the Swedish dry-pit slots right into it. In 2005, annual flood damage came in at $6 billion – but by 2050, shifting global weather patterns and the effects of global warming will see that rise to $52 billion. Xylem’s dry pit – the first of its kind in Europe – offers customers looking to build resilience to flooding a proven way in which to do so. Using the pit, people can know in advance what it will take to pump themselves high and dry in a worst-case scenario. Understandably, the type of customers Xylem has in mind here aren’t individual households, but entire municipalities.
Benny Moline, one of Xylem’s production engineers at the plant, made the following comment: “In Emmaboda, we have been able to test large capacity submersible pumps in wet installations for many years and this has provided our customers with real-time performance measurements and absolute confidence in their purchase. Customers have also welcomed the opportunity to visit our state-of-the-art foundry, production lines, showroom and Flygt museum. Now we are pleased to offer the same service to customers purchasing wastewater pumps.”
Dominion holds Xylem Inc. in its Global Trends Managed Fund.
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