The Weir Group PLC Overview
Company Headquarters: UK
Founded: 1871
Workforce: ~18,000
Company Working: The Weir Group PLC is a global provider of mineral and flow control services in the global market. Its product business segment includes pumps, valves, crushers, wellhead, Linatex rubber, hydrocyclones, screening equipment, and oil & gas safety products. The pump segment includes axial flow pumps, belt tensioning system, centrifugal pumps, chop-flow pumps, high pressure pitot tube pumps, high pressure pumps, horizontal slurry pumps, industrial & chemical pumps, mine dewatering pumps, non-clog pumps, PD pumps, prerotation pumping system, recessed impeller pumps, screw centrifugal pumps, self-priming pumps, submersible pumps, vertical slurry pumps, vertical specialty slurry pumps, and well service pump. Its service segment covers minerals services, oil & gas services, and flow control services. It offers solutions and services for various sectors such as water and waste water, chemical and fertilizers, cryogenic, desalination, food and beverage, petrochemicals, pharmaceuticals, and waste to energy.
The major brands for pumps are Begemann, GEHO, Hazleton, Lewis, Multiflo, Roto-Jet, Novatech, SPM, WARMAN, WEMCO, and WSP. Its major markets are the US, Chile, Brazil, Peru, South Africa, Malaysia, China, Australia, the UK, and the Netherlands. It operates from more than 70 countries across the world. The major subsidiaries for the group are KOP Surface Products, ESCO Corporation, and Seaboard Holdings Inc.
Strategy
The Weir Group PLC focuses on the expansion of the distributors network for achieving customer satisfaction. It targets to improve the product technology and is aiming for digitization of industrial products and services in the future. Its financial stability will enhance its research and development capabilities. Moreover, it has been adding new solutions to gain larger profits, which is again expected to lead to higher R&D investment in the future.
