Weir Group
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| Weir Group plc | |
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| Type | Public (LSE: WEIR) |
| Founded | 1871 |
| Headquarters | Glasgow, Scotland, UK |
| Key people | Mark Selway, CEO |
| Industry | Engineering |
| Revenue | ▲£438.2 million GBP (2006) |
| Operating income | ▲£38.0 million GBP (2006) |
| Employees | 8,000 |
| Website | www.weir.co.uk |
The Weir Group plc is an engineering company headquartered in Glasgow, Scotland. It is a public limited company, and its shares are quoted on the London Stock Exchange as part of the FTSE 250 Index.
Weir Group was first established in 1871.
The company is structured into five divisions:
- Weir Minerals - manufactures slurry pumps, valves, hydrocyclones and mill lining systems for the mining and mineral processing industries.
- Weir Clear Liquid - the design, manufacture and service of engineered pumps and fluid handling systems
- Weir Valves and Controls - provides critical control and isolation solutions for power generation, oil and gas, and general industry
- Weir Services - asset management, process support, and equipment repair and upgrade
- Weir Defence, Nuclear and Gas - specialist project division for the defence, nuclear and gas markets. This division includes Weir Strachan and Henshaw. It is an engineering design and project management company based in Bristol in the United Kingdom, specialising in the provision of high integrity mechanical handling systems. The company is part of the Weir Group's Defence, Nuclear and Gas Division, a major provider of engineering services mainly to the naval defence and nuclear power industries.
In July 2005, The Weir Group sold its desalination and water treatment businesses, (Weir Westgarth, Weir Entropie and Weir Envig) to Veolia Water Systems, part of Veolia Water, the water division of Veolia Environnement. Weir Westgarth was a pioneer of the multi-stage flash distillation process used predominately to produce desalinated water from seawater.
In May 2007, the company sold its Glasgow based business Weir Pumps Ltd to Clyde Blowers Ltd, with the pump company subsequently being renamed to Clyde Pumps Ltd. It is interesting to note that Weir Pumps Ltd, had previously been the core business of The Weir Group plc.
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