38:
262:
Litton
Industries. Originally, they intended to manufacture high altitude research balloons, but they found sales to be less than expected. They acquired a local vacuum-forming business shortly thereafter and set about making canoes. This venture also met with less than expected sales. By 1968 the company was nearly bankrupt. Of the five original founders, one had passed away while three more had pulled out. The only remaining founder, Murray Harpole, brought in an outside investor, Ben Westby and they set about purchasing Peavey Paper Mills, Inc. The company was deeply in debt and badly managed, but the sale price was very inexpensive and Harpole believed that proper management would turn the company around in short order.
318:
sales fell, and returns poured in. By the end of the year, the entire management team in
Jackson would be fired. It took almost three years to sort out the mess and return the Delta and Porter-Cable lines to profitability. This caused Pentair to further review its holdings and look at ways to cut costs. It expanded its production in Taiwan and started to negotiate with the union of its Delta manufacturing facility to reduce payroll. In 2003 it was announced that negotiations had failed, and the Tupelo plant would close the following year. While operations were wound down in Tupelo Pentair continued to expand its water products business.
280:
not licensed the
Rockwell name, so the Porter-Cable name was revived. In 1984 Pentair purchased the remains of the Power Tool Division from Rockwell. This consisted chiefly of the Delta line of shop tools and marked Rockwell's exit from the tool business. In 1988, Pentair agreed to acquire FC Holdings Inc., the holding company for Federal Cartridge and Hoffman Engineering, for $ 175 million in cash and the assumption of debt. Pentair would not hold Federal Cartridge for a long time, but the purchase of Hoffman Engineering was the start of a prosperous era of enclosures manufacturing for Pentair.
29:
305:. In 1999 under chairman, president, and chief executive officer, Winslow H. Buxton, Pentair made a series of acquisitions. In April 1999, PNR purchased Essef, the global leader in the manufacture of composite water tanks, pumps, filters, and other water equipment used in pools and spas, for the cash-equivalent price of approximately $ 312 million.
364:
shareholders now own approximately 52.5% and former
Pentair Inc. shareholders own approximately 47.5% of Pentair Ltd. Following this merger the new company was based in Schaffhausen, Switzerland, with 30,000 employees and 100 manufacturing plants in 30 countries. Currently the headquarters are in Worsley, United Kingdom.
247:
On April 30, 2018, PNR announced that it had completed the separation of its Water and
Electrical businesses. Now the company's primary focus is on residential, commercial, industrial, municipal and infrastructure and agriculture applications. Its fiscal year 2021 revenues were US$ 3.8 billion and it
279:
In 1981, Pentair acquire
Rockwell International's power hand tool factory from its Power Tool Division. Rockwell had purchased Porter-Cable in 1960 and merged it into the Power Tool Division but kept manufacturing in a separate facility. The Porter-Cable name had been retired in 1965 but Pentair had
261:
Pentair was founded in August 1966 as
Pentair Industries, Inc., with the name derived from the Greek root word "penta-" (alluding to the company's five founders) and "air" (alluding to the company's original product), and went public several months later. The 5 founders were all formally employed by
317:
The decade started extremely poorly for
Pentair. The botched opening of its new corporate office and distribution center in Jackson caused an immediate drop in revenue as the shipping facility encountered numerous issues. Order shipped late, with incorrect products, or not at all. Complaints rose,
270:
The company continued to diversify but none of its other ventures proved as successful as the paper industry. It continued to expand in that area and acquired
Niagara Paper in 1972. Miami Paper was purchased in 1974 and Flambeau Paper Corporation followed in 1978. The Peavey plant would be sold in
332:
In 2005, Pentair bought some of the assets of APW for $ 144 million, including McLean
Thermal Management, Aspen Motion Technologies, and Electronic Solutions, all of which provide thermal management products and integration services to the telecom, medical, and security industries. This broadened
308:
Later that year, Pentair decided to consolidate its power tool business. The Porter-Cable and Delta Divisions had previously operated across four different cooperate, warehouse, and manufacturing facilities in three states. While the Delta manufacturing facility in Tupelo Mississippi would remain
288:
Pentair expanded its water product business, acquiring the Fleck Controls control valve business in November 1995. In August 1997, Pentair acquired the General Signal Pump Group. Pentair sold off its papermaking business to Consolidated Papers Inc. in 1997. While paper had been the backbone of
363:
In 2012, Pentair Inc. (PNR) and Tyco International Ltd. (TYC)’s flow control business formally combined to create Pentair Ltd. The new company is described as a global manufacturer of “water and fluid solutions, valves and controls, equipment protection and thermal management products". Tyco
343:
Other acquisitions in 2005 and 2006 included Acu-Trol, Inc., Delta Environmental Products, selected assets of Krystal Klear, and a 70% stake in Beijing Jieming Tiandi Environmental Equipment (which was later renamed to Beijing Pentair Water Jieming), which produces
470:
309:
independent everything else would be consolidated into a new facility built next to the existing Porter-Cable plant in Jackson, Tennessee. The new facility came online in February 2000 and was an immediate disaster.
355:
and separation firm Porous Media for approximately $ 225 million. It has said that it plans to continue an active course of acquisitions, especially to grow its business outside the American market.
325:, for $ 850 million. WICOR made water pumps, filters, and pool equipment components under the Sta-Rite, SHURflo, and Hypro brands. To help offset this purchase it sold its entire tool operation to
244:. Pentair was founded in the US, with 65% of company's revenue coming from the US and Canada as of 2017. PNR was reorganized in 2014, shifting the corporate domicile from Switzerland to Ireland.
1046:
496:
1129:
1124:
719:
1134:
552:
935:
83:
648:
37:
1119:
811:
386:
Pentair has discontinued its Century/Lincoln and Lincoln Industrial service equipment operations. It also exited the tools business with the sale of its
695:
884:
530:
742:
293:
for $ 460 million in cash. DeVilbiss makes air compressors, pressure washers and generators, which complemented to Pentair's professional
1071:
595:
406:. The electrical division of Pentair did more than $ 2.1 billion in revenue in 2016. Pentair 2 went public on the NYSE on May 1, 2018.
833:
271:
1976 because Pentair had outgrown it. While Westby departed in 1976, D. Eugene Nugent was brought in to expand the management team.
1139:
371:, an American diversified global industrial company based in St. Louis, Missouri. The transaction was completed in April 2017.
337:
289:
Pentair's business it only amounted to about 10% of their revenue at the time of the sale. In August 1999, Pentair bought the
670:
322:
333:
Pentair's technical products line to include markets outside of the traditional electrical and electronics businesses.
367:
In August 2016, Pentair announced that it has entered into an agreement to sell the Valves & Controls business to
154:
421:
987:
791:"Pentair Fixes Its Own Mess When a new warehouse failed, the tools maker turned to a new team with a lot to repair"
466:
326:
43:
432:
237:
167:
790:
1144:
508:
171:
68:
892:
961:
114:
1096:
624:
375:
863:
184:
336:
In 2006, Pentair purchased Germany-based Jung Pumpen GmbH, which makes pumps and other products for
188:
720:"Pentair's Acquisition of Essef Corporation Expands Water Segment, Opens New Growth Opportunities"
761:
352:
574:
444:
402:
In May 2018, Pentair created a sequel company to take control of its electrical division named
391:
599:
368:
773:
841:
54:
1020:
914:
321:
In July 2004, Pentair bought WICOR Industries, the former water systems subsidiary of
1113:
62:
302:
290:
89:
387:
345:
76:
962:"Pentair Expands European Pump Presence with Acquisition of Jung Pumpen GmbH"
294:
241:
1091:
390:
group (which had previously accounted for 40% of sales) in October 2004 to
28:
995:
229:
139:
1101:
72:
298:
133:
696:"Pentair Inc. says it will acquire Rockwell International Corp.'s"
649:"Niagara nostalgia: Former mill owner Pentair revisits community"
329:
that October. This marked Pentair's exit from the tool business.
936:"Pentair affirms 2007 profit target, updates Jung Pumpen deal"
158:
864:"Pentair completes sale of tools group to Black & Decker"
233:
340:. The deal was completed in early 2007 for $ 227 million.
213:
228:) is an American water treatment company incorporated in
1047:"Pentair Completes Transaction to Acquire Manitowoc Ice"
1072:"NVent Announces Completion of Separation from Pentair"
403:
374:
In July 2022, Pentair announced that it had acquired
834:"Pentair Completes Acquisition of WICOR Industries"
297:tools that were powered by air compressors such as
209:
195:
180:
145:
129:
110:
96:
82:
60:
50:
351:The company has announced an agreement to acquire
1130:Companies in the S&P 500 Dividend Aristocrats
1125:Companies listed on the New York Stock Exchange
743:"PENTAIR, A TOOLS MAKER, IS MAKING ACQUISITION"
248:employs approximately 11,250 people worldwide.
994:. 12 December 2006. p. 5. Archived from
885:"Pentair acquires thermal management company"
16:Irish tax-resident US water treatment company
8:
492:
490:
488:
21:
1135:Manufacturing companies established in 1966
422:Pentair company profile at Funding Universe
942:. The Wall Street Journal. 6 February 2007
619:
617:
36:
27:
20:
643:
641:
812:"End of talks may signal Delta's demise"
714:
712:
531:"Pentair 2015 Investor Day Presentation"
348:-reinforced pressure tanks and filters.
414:
1015:
1013:
915:"Pentair Thermal Management in Russia"
785:
783:
769:
759:
7:
988:"Pentair Inc · 10-K · For 12/31/06"
669:Sloane, Leonard (21 October 1981).
1120:Manufacturing companies of Ireland
14:
891:. 17 October 2005. Archived from
840:. 2 August 2004. Archived from
741:News, Bridge (14 August 1999).
497:Pentair Investor Relations site
236:, with its main U.S. office in
1:
100:Water & Fluid Solutions
1087:Business data for Pentair:
966:Find Articles/Business Wire
598:. p. 1. Archived from
291:DeVilbiss Air Power Company
1161:
575:"Pentair Official website"
553:"Pentair Official website"
509:"Pentair 2014 10-K Filing"
433:Company Profile at Reuters
394:for nearly $ 800 million.
327:Stanley Black & Decker
671:"Pentair Picks President"
596:"Pentair Company History"
106:Water Treatment Solutions
44:St. Louis Park, Minnesota
42:American headquarters in
35:
26:
168:Executive Vice President
1140:Swimming pool equipment
1021:"Pentair Buys Acu-Trol"
625:"Pentair, Inc. History"
467:"Pentair Official site"
382:Discontinued operations
117:(July 6, 1966
232:with tax residency in
115:Arden Hills, Minnesota
102:Valves & Controls
338:wastewater processing
77:S&P 500 Component
473:on 14 September 2018
104:Technical Solutions
1027:. 18 September 2006
602:on 24 December 2015
398:Separation of nVent
378:for $ 1.6 billion.
197:Number of employees
23:
968:. 11 December 2006
772:has generic name (
747:The New York Times
675:The New York Times
392:Black & Decker
201:11,250 Worldwide (
1025:Pool and Spa News
219:
218:
175:
162:
1152:
1076:
1075:
1074:. 30 April 2018.
1068:
1062:
1061:
1059:
1057:
1043:
1037:
1036:
1034:
1032:
1017:
1008:
1007:
1005:
1003:
984:
978:
977:
975:
973:
958:
952:
951:
949:
947:
932:
926:
925:
923:
921:
911:
905:
904:
902:
900:
895:on 19 March 2012
881:
875:
874:
872:
870:
860:
854:
853:
851:
849:
830:
824:
823:
821:
819:
808:
802:
801:
799:
797:
787:
778:
777:
771:
767:
765:
757:
755:
753:
738:
732:
731:
729:
727:
716:
707:
706:
704:
702:
692:
686:
685:
683:
681:
666:
660:
659:
657:
655:
645:
636:
635:
633:
631:
621:
612:
611:
609:
607:
592:
586:
585:
583:
581:
571:
565:
564:
562:
560:
549:
543:
542:
540:
538:
527:
521:
520:
518:
516:
505:
499:
494:
483:
482:
480:
478:
469:. Archived from
463:
457:
456:
454:
452:
441:
435:
430:
424:
419:
353:water filtration
323:Wisconsin Energy
165:
152:
138:Incorporated in
124:
122:
92:
40:
31:
24:
1160:
1159:
1155:
1154:
1153:
1151:
1150:
1149:
1110:
1109:
1106:
1084:
1079:
1070:
1069:
1065:
1055:
1053:
1045:
1044:
1040:
1030:
1028:
1019:
1018:
1011:
1001:
999:
998:on 6 April 2012
986:
985:
981:
971:
969:
960:
959:
955:
945:
943:
934:
933:
929:
919:
917:
913:
912:
908:
898:
896:
883:
882:
878:
868:
866:
862:
861:
857:
847:
845:
832:
831:
827:
817:
815:
814:. 21 March 2003
810:
809:
805:
795:
793:
789:
788:
781:
768:
758:
751:
749:
740:
739:
735:
725:
723:
722:. 30 April 1999
718:
717:
710:
700:
698:
694:
693:
689:
679:
677:
668:
667:
663:
653:
651:
647:
646:
639:
629:
627:
623:
622:
615:
605:
603:
594:
593:
589:
579:
577:
573:
572:
568:
558:
556:
551:
550:
546:
536:
534:
529:
528:
524:
514:
512:
507:
506:
502:
495:
486:
476:
474:
465:
464:
460:
450:
448:
443:
442:
438:
431:
427:
420:
416:
412:
400:
384:
361:
315:
286:
277:
268:
259:
254:
198:
176:
163:
151:John L. Stauch
148:
137:
120:
118:
105:
103:
101:
88:
75:
65:
46:
17:
12:
11:
5:
1158:
1156:
1148:
1147:
1145:Tax inversions
1142:
1137:
1132:
1127:
1122:
1112:
1111:
1108:
1107:
1105:
1104:
1099:
1094:
1088:
1083:
1082:External links
1080:
1078:
1077:
1063:
1038:
1009:
979:
953:
927:
906:
876:
855:
844:on 8 June 2011
825:
803:
779:
733:
708:
687:
661:
637:
613:
587:
566:
544:
522:
500:
484:
458:
436:
425:
413:
411:
408:
399:
396:
383:
380:
360:
357:
314:
311:
285:
282:
276:
273:
267:
264:
258:
255:
253:
250:
217:
216:
211:
207:
206:
199:
196:
193:
192:
182:
178:
177:
149:
146:
143:
142:
131:
127:
126:
112:
108:
107:
98:
94:
93:
86:
80:
79:
66:
61:
58:
57:
52:
48:
47:
41:
33:
32:
15:
13:
10:
9:
6:
4:
3:
2:
1157:
1146:
1143:
1141:
1138:
1136:
1133:
1131:
1128:
1126:
1123:
1121:
1118:
1117:
1115:
1103:
1100:
1098:
1095:
1093:
1090:
1089:
1086:
1085:
1081:
1073:
1067:
1064:
1052:
1048:
1042:
1039:
1026:
1022:
1016:
1014:
1010:
997:
993:
989:
983:
980:
967:
963:
957:
954:
941:
937:
931:
928:
916:
910:
907:
894:
890:
886:
880:
877:
865:
859:
856:
843:
839:
835:
829:
826:
813:
807:
804:
792:
786:
784:
780:
775:
763:
748:
744:
737:
734:
721:
715:
713:
709:
697:
691:
688:
676:
672:
665:
662:
650:
644:
642:
638:
626:
620:
618:
614:
601:
597:
591:
588:
576:
570:
567:
554:
548:
545:
532:
526:
523:
510:
504:
501:
498:
493:
491:
489:
485:
472:
468:
462:
459:
446:
445:"Pentair PLC"
440:
437:
434:
429:
426:
423:
418:
415:
409:
407:
405:
397:
395:
393:
389:
381:
379:
377:
376:Manitowoc Ice
372:
370:
365:
358:
356:
354:
349:
347:
341:
339:
334:
330:
328:
324:
319:
312:
310:
306:
304:
300:
296:
292:
283:
281:
274:
272:
265:
263:
256:
251:
249:
245:
243:
239:
238:Golden Valley
235:
231:
227:
223:
215:
212:
208:
204:
200:
194:
190:
186:
183:
179:
173:
169:
160:
156:
150:
144:
141:
135:
132:
128:
116:
113:
109:
99:
95:
91:
87:
85:
81:
78:
74:
70:
67:
64:
59:
56:
53:
49:
45:
39:
34:
30:
25:
19:
1066:
1054:. Retrieved
1050:
1041:
1029:. Retrieved
1024:
1000:. Retrieved
996:the original
991:
982:
970:. Retrieved
965:
956:
944:. Retrieved
939:
930:
918:. Retrieved
909:
897:. Retrieved
893:the original
888:
879:
867:. Retrieved
858:
846:. Retrieved
842:the original
837:
828:
816:. Retrieved
806:
794:. Retrieved
770:|last1=
750:. Retrieved
746:
736:
724:. Retrieved
699:. Retrieved
690:
678:. Retrieved
674:
664:
652:. Retrieved
628:. Retrieved
604:. Retrieved
600:the original
590:
578:. Retrieved
569:
559:13 September
557:. Retrieved
547:
535:. Retrieved
533:. p. 12
525:
513:. Retrieved
503:
475:. Retrieved
471:the original
461:
449:. Retrieved
439:
428:
417:
401:
385:
373:
366:
362:
350:
342:
335:
331:
320:
316:
307:
303:Porter-Cable
287:
278:
269:
260:
246:
225:
221:
220:
202:
164:Bob Fishman
130:Headquarters
90:IE00BLS09M33
51:Company type
18:
1097:SEC filings
1051:Pentair.com
940:Marketwatch
869:28 February
818:28 February
796:28 February
752:23 December
726:23 December
701:28 February
680:28 February
654:28 February
630:28 February
606:23 December
555:. p. 1
537:23 December
515:23 December
511:. p. 1
388:power tools
222:Pentair plc
214:Pentair.com
203:August 2022
22:Pentair plc
1114:Categories
838:PRNewswire
410:References
346:fiberglass
295:Pneumatics
147:Key people
121:1966-07-06
1031:1 October
1002:1 October
972:1 October
946:1 October
899:1 October
848:1 October
762:cite news
451:17 August
447:. Reuters
242:Minnesota
155:President
63:Traded as
992:SEC Info
580:5 August
477:5 August
97:Industry
1056:2 March
920:12 July
889:EETimes
369:Emerson
252:History
230:Ireland
210:Website
189:Billion
181:Revenue
140:Ireland
119: (
111:Founded
71::
1102:Yahoo!
1092:Google
299:DeWalt
191:(2021)
187:$ 3.8
134:London
55:Public
404:nVent
359:2010s
313:2000s
284:1990s
275:1980s
266:1970s
257:1960s
1058:2024
1033:2008
1004:2008
974:2008
948:2008
922:2013
901:2008
871:2021
850:2008
820:2021
798:2021
774:help
754:2015
728:2015
703:2021
682:2021
656:2021
632:2021
608:2015
582:2022
561:2018
539:2015
517:2015
479:2022
453:2020
301:and
185:US$
170:and
157:and
136:, UK
84:ISIN
69:NYSE
226:PNR
172:CFO
159:CEO
73:PNR
1116::
1049:.
1023:.
1012:^
990:.
964:.
938:.
887:.
836:.
782:^
766::
764:}}
760:{{
745:.
711:^
673:.
640:^
616:^
487:^
240:,
234:UK
125:)
1060:.
1035:.
1006:.
976:.
950:.
924:.
903:.
873:.
852:.
822:.
800:.
776:)
756:.
730:.
705:.
684:.
658:.
634:.
610:.
584:.
563:.
541:.
519:.
481:.
455:.
224:(
205:)
174:)
166:(
161:)
153:(
123:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
