LEWA Receives Frost & Sullivan Award

On December 04th 2007 LEWA has received the 2007 Frost & Sullivan Award for “Product Line Strategy for Pumps in the European Oil and gas industry.”

In explaining its choice, Frost & Sullivan (F&S), a globally active business consulting firm, cited LEWA’s dominant position in its market segment. With its line of pumps for high-pressure (10,000 –15,000 psi) and high temperature (up to 250º C) applications, the company has developed unique products that are offered in this application-oriented form by virtually no other producer in the market. According to Frost & Sullivan, LEWA has invested substantially in research and development and is expected to sustain that commitment.

These efforts have improved product quality and catered for the needs of major segments of the industry – producers in the oil and gas industry, for example, as well as suppliers of petrochemical, chemical and pharmaceutical products. Frost & Sullivan cited the company’s commitment to innovation and comprehensive customer service, noting that LEWA offers solutions for specific customer applications in which strong emphasis is placed on in-depth consulting and a conceptual approach focused on systems and processes.

“Our research clearly shows that the companies with the greatest future potential are those that have positioned themselves globally and whose growth is based on integrated researchmethods, optimized production technology and competitive strategies”, explained F&S U.S. Chairman David Frigstad. Stefan Glasmeyer, General Manager Marketing & Sales of LEWAGmbH, expressed thanks on behalf of the company and noted that “LEWA is proud to be among the prize-winners and sees this award as an affirmation of our product strategy. Pumps for the oil and gas industry will remain one of our most important fields of revenue in future as well”.