Weir Group

Weir Group

Infobox_Company
company_name = The Weir Group PLC
company_
company_type = Public (LSE: [http://www.londonstockexchange.com/en-gb/pricesnews/prices/system/detailedprices.htm?sym=GB0009465807GBGBXSTMM0946580WEIR WEIR] )
foundation = 1871
location_city = Glasgow
location_country = Scotland, UK
key_people = Mark Selway, CEO
num_employees = 8,000
industry = Engineering
products =
revenue = profit£438.2 million GBP (2006)
operating_income = profit£38.0 million GBP (2006)
homepage = [http://www.weir.co.uk/ 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. Double-acting Weir steam pumps were virtually standard fitment on British-built steamships, being used for pumping water, fuel, air and much else well into the 1950s, as well as being used on other ships worldwide.

The company is structured into three divisions:
* [http://www.weirminerals.com/ Weir Minerals] - manufactures slurry pumps, valves, hydrocyclones and mill lining systems for the mining and mineral processing industries.
*Power & Industrial - the design, manufacture and service of engineered pumps and fluid handling systems,provides critical control and isolation solutions for power generation, general industryOil & Gas -

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.

External links

* [http://www.weir.co.uk/ Weir Group Website]

ee also

*List of Scottish companies


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