Contact: Kristin Paltzer
MILWAUKEE – The latest tenant to lease a sizable amount of space in the Global Water Center is Rexnord. The Center, located at 223 W. Pittsburgh, will house water-related research activities for universities, existing water-related companies, the Water Council, and companies promoting business development and accelerator space for new, emerging water-related companies.
Rexnord’s Water Management platform designs, procures, manufactures and markets products that provide and enhance water quality, safety, flow control and conservation. The company will lease more than 4,300 square feet on the Center’s third floor.
Rexnord formed its Water Management platform in 2007 with the acquisition of Zurn, a leader across a diverse set of markets and products. They continued to build the platform with three other acquisitions, most notably VAG Holding GmbH in 2011. The combined businesses generate more than $700 million in revenue and conduct business in 35 countries around the world.
“Our leading brands, broad product portfolio and strong global presence position us as an industry leader in water, wastewater and power generation markets,” stated Todd A. Adams, Rexnord President and CEO. “We are excited to bring this expertise to the Global Water Center.”
Water Council President and CEO Dean Amhaus is enthusiastic about Rexnord’s expanded involvement in Milwaukee’s water technology cluster. “What is particularly exciting is that we can now welcome another large international company into the Global Water Center. It is important for us to create a dynamic ecosystem within the building that is fostering the exchange of ideas and talent that benefit large and small businesses as well as academic commercialization research,” stated Amhaus.
Headquartered in Milwaukee, Wisconsin, Rexnord is comprised of two strategic platforms, Process & Motion Control and Water Management, with approximately 7,300 associates worldwide. The Process & Motion Control platform designs, manufactures, markets and services specified, highly-engineered mechanical components used within complex systems. The Water Management platform designs, procures, manufactures and markets products that provide and enhance water quality, safety, flow control and conservation. Additional information about the Company can be found at www.rexnord.com.
About The Water Council
Created by leaders in both business and education, The Water Council is convening the region’s existing water companies and research clusters, developing education programs to train talent, and building partnerships that cut across all sectors and geographic boundaries. The Water Council believes it can advance Milwaukee’s global position by becoming a magnet that attracts creative talent, innovative ideas and is recognized as a World Water Hub for research, education and economic development. For more information, visit www.thewatercouncil.com.