March 16, 2010: Grundfos Pumps Opens New Facility in Houston
“With the acquisition of PACO Pumps in 2006, Peerless Pumps in 2007, and the most recent acquisition of Yeomans Chicago Corporation in 2008, we bought these businesses as a sign of our commitment to the North America market, and now the Grundfos North American business has grown both organically and through these acquisitions by a factor of three,” said Jes Munk Hansen, managing director of North America for Grundfos. “We also made a commitment to investing in the businesses we acquire: investments in people, machinery, and the buildings. I am proud to see the most recent of these investments, this wonderful new building.”
“A near 50 percent gain in square footage will definitely aid in our growth ambitions,” said Arron Phillips, PES general manager. “Our proximity to the Grundfos facility will not only support with our integration activities, but allow us to take full advantage of the synergy that exists within our products and our talented group of employees,” Phillips added.
“It says a great deal about Grundfos, Peerless, and our people that we can move a facility nearly 30 miles and retain virtually every employee; this is a very exciting time for all of us,” said Andrew Warrington, president of Peerless.
The nearly $4 million facility will be home to 32 employees including engineers, machinists, welders, and electrical professionals.
For more information, visit www.grundfos.us or www.peerlesspump.com.
Publication date: 03/15/2010