Grundfos
From Wikipedia, the free encyclopedia
Grundfos is one of the world's leading pump manufacturers, with an annual production of more than 10 million pump units. Circulator pumps (UP), submersible pumps (SP), and centrifugal pumps (CR) are the three major product groups. Grundfos covers approximately 50% of the world market for these pumps.
In addition to pumps, Grundfos manufactures electric motors for the pumps and has a considerable production of electric motors for separate merchandising. Furthermore, Grundfos develops and sells state-of-the-art electronics for controls for pumps and other systems.
Grundfos is the full range supplier of pumps and pump solutions, represented in every part of the world.
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[edit] Applications
Circulator pumps are used for heating, ventilation and air-conditioning in domestic houses, office buildings, hotels, etc. In industry, the pumps are used in processes as well as in the area of plant maintenance, and furthermore as important built-in parts in Original Equipment Manufacturer (OEM) products. In the water-supply and wastewater sector, Grundfos offers a wide range of reliable pumps for irrigation, green houses and for municipal, private and industrial water supply as well as sewage applications use.
[edit] Global expansion
The Grundfos Group is represented by companies in all parts of the world. In addition, Grundfos products are merchandised by distributors in a large number of countries. For instance grundfos is very active in China.
[edit] Research and Development
Grundfos has traditionally attached great importance to R&D. DKK 543m was used for research and development expenses in the financial year of 2004. In 1985, Grundfos established its own Electronics production and in 1991, Grundfos Electronics was inaugurated, including a Hybrid Factory with clean room production. In May 1990, the Grundfos Technology Centre was inaugurated. This centre is used for research of new materials, development of process technology and construction of advanced production equipment and machines. In 1993, Development, Design and Product Management moved into a newly built Innovation Centre.
[edit] Establishment
Grundfos was established in 1945 in Bjerringbro, Denmark by the late Poul Due Jensen. At first he gave his company the name of "Bjerringbro Pressestøberi og Maskinfabrik" (Bjerringbro Die-Casting and Machine Factory) and not until 1967, after several changes of names, did the company get its present name, GRUNDFOS.
[edit] Ownership
The Poul Due Jensen Foundation was established as a self-governing institution in 1975. Today, the foundation owns about 86 per cent, staff about 2% and the founder's family about 12 per cent of shares in Grundfos Holding AG. The aim of the foundation is to consolidate and expand the economic basis of the continued development of the Grundfos Group. The capital and the profits of the foundation are to be utilised solely for the aim of the foundation, that is the profits are to be re-invested in the Grundfos companies. Grundfos Holding AG is the majority shareholder in all the Grundfos companies.
[edit] External links
(Source: H.C. Obel (hobel@grundfos.com) Grundfos Corporate Web Department)
