Presentation on theme: "Howden Overview This is a relatively short presentation giving an overview of the company – its organisation, history, markets, products and services."— Presentation transcript:
1Howden OverviewThis is a relatively short presentation giving an overview of the company – its organisation, history, markets, products and services.Separate presentations are available for:-Howden ProductsHowden MarketsHowden ServicesHowden Business Units – (one page profile for each unit)Various additional or alternative slides are included at the end of the presentation so that the actual presentation may be tailored to the audience and the degree of detail required.
2POSITIVE DISPLACEMENT PUMPS GAS & FLUID HANDLINGLEADING GLOBAL MANUFACTURER OF HEAVY-DUTY FANS, COMPRESSORS AND FLUID HANDLING SOLUTIONS FOR USE IN DEMANDING APPLICATIONSKEY STRATEGIES/FOCUSExploit environmental opportunitiesGrow in oil & gas marketIncrease aftermarket and services captureSPECIALTYCENTRIFUGAL PUMPSGAS COMPRESSORSPOSITIVE DISPLACEMENT PUMPSROTARY HEATEXCHANGERSHEAVY-DUTYFANSLUBRICATION SERVICESSource: Company filings
3FABRICATION TECHNOLOGY #2 GLOBAL MANUFACTURER OF WELDING & CUTTING PRODUCTS; TECHNOLOGY & INNOVATION LEADERKEY STRATEGIES/FOCUSBuild customer responsivenessAggressively improve operationsStrengthen organizational structure and talentDrive differentiated product/ application developmentWelding & CuttingConsumablesCUTTINGEquipmentWELDINGEquipmentGasapparatusPersonalProtectiveEquip.WELDING & CuttingAUTOMATIONSource: Company filings
4Company OverviewCompany relationshipsHowden is a subsidiary of Colfax Corporation, as are ESAB and Colfax Fluid Handling.Colfax Fluid HandlingESABHowdenPrecision pumps and systemsSales in 2012 – $646mEmployees in 2012 – 2200Welding and cutting equipmentSales in 2012 – $2,000mEmployees in 2012 – 6900Fans, heat exchangers and compressorsSales in 2012 – $1,255mEmployees in 2012 – 4400
5To be the world’s leading Strategic VisionTo be the world’s leadingNumber one in the segments we choose to operate inapplication engineerWhere our knowledge of product and process makes a differenceproviding lifetime solutionsFrom project inception to plant decommissioningin air and gas handlingPerformance critical products which move, treat, clean, heat or cool gases incl. air
7History Technical pedigree Development of the forced draught system for boilers (1882), dramatically reducing fuel consumption.The commercialisation of screw compressors in the 1940s and development of oil injected screw compressors.Development of the rotary regenerative air preheater in conjunction with Frederik Ljungström of Sweden in the 1920s.Forced draught system - Trials with the prototype boiler on a ship in 1883/4 fitted with the forced draught system increased output by 3% whilst reducing fuel consumption by 35%.Howden worked to develop the screw compressor with the inventor, Professor Lysholm of Svenska Rotor Maskiner (SRM), and took the first licence in 1938.Frederic Ljungstrom approached Howden in 1923 with a proposal to develop his design of rotary heat exchanger. Howden Ljungstrom preheateaters (Land) ltd. was set up 50% owned by Howden and 50% by AB Ljungstrom Angturbine. It had factories in Glasgow and USA.Samuel Davidson devised the Sirocco fan in Davidson had a factory in Belfast and his become became a main UK fan manufacturer in addition to Howden. The companies were merged in 1988.H Corblin invented the diaphragm compressor in 1916 in France. His business joined with that of Burton who made piston compressors to form Burton Corblin that has become Howden BC Compressors.The Stork brothers produced an aerofoil bladed centrifugal fan in the Netherlands in the 1940s. Developed with Howden to give 90% efficiency.Other technical firstsInvention of the ‘Sirocco’ fan with forward curved blades.Invention of the diaphragm compressor by H Corblin.The development of the aerofoil bladed centrifugal fan.
8HistoryAcquisition timeline – The growth of the Howden organisationAirscrewTurbowerke Meissen (TMH) (1898)KWCA / Howden VentiladoresBurton (1884)CorblinAeolus (Brazil)Thomassen Compression SystemsJAMES HOWDEN185419711974198819911993199519972008201020112012CarterStorkCanadian BlowerVentilateurs NeuAmerican BlowerBerryWestinghouseDavidson ‘Sirocco’ (1898)Sturtevant (1860)Buffalo Forge (1878)Voith NovencoAerexEngartSheldonNordisk Ventilator ‘Variax’ (1947)Joy Green (New Philadephia) (1904)Bryan Donkin (1803)AustColdCovent FansA slide showing legacy brands is one of the additional slides at the end of the presentation.Carter was a manufacturer of industrial fans based in Birmingham.Airscrew Howden was set up as a company, subsequently disbanded with Howden taking the industrial fan ranges and Airscrew, no longer part of Howden, making small fans for aircraft and military vehicles.Major acquisition/merger took place in 1988 when Davidson of Belfast and Howden, the two dominant UK fan companies joined to form Howden Sirocco. Davidson also had companies in N America and France.A decade of acquisitions followed.Stork was the part of the Dutch company that became Howden Netherlands.Buffalo Forge became Howden Buffalo, now Howden North America.“Variax” became Howden Denmark but with some fan ranges from the Nordisk Ventilator group being absorbed by other Howden units.Burton Corblin (France) became Howden BC Compressors.#KWCA/Howden Ventiladores became Howden South America.Joy Green became part of Howden Buffalo, now Howden N America.Howden took over the compressor division of Bryan Donkin of Chesterfield.(This Donkin has no connection with Howden Donkin in South Africa)Subsequently Howden took over Aeolus in Brazil in August 2008 and Austcold in 2010
9OrganisationOrganisational StructureOur companies are organised into one regional and three global divisions with a strong segment focus.HowdenHeavy Fans & HeatersPower, Mining, SteelSegment marketing & Key Account Management (KAM)Howden Denmark Howden VentilatorenHowden UKHowden NetherlandsL&T HowdenHowden North AmericaHowden HuaHowden IndiaHowden AustraliaHowden South AmericaHowden SpainCompressorsOil and GasSegment marketing & KAMHowden BC Compressors and other subsidiariesHowden Thomassen and subsidiariesHowden Compressors Howden Process CompressorsAustColdRussia / Middle East Sales OfficesIndustrial FansOther ProcessesHowden CoventHowden FranceHowden TurbowerkeAfricaRegionHowden PowerHowden Fan EquipmentHowden ProjectsHowden DonkinMap keyProduct CompanyRegional CompanyJoint venture with L&T in India
10Organisation Leadership Team Sam StrahanProgramme DirectorIan BranderCEOJames BrownFinancial DirectorDonna MaloneHR DirectorKen RamsayMarketing DirectorThomas BärwaldExec Director Howden AfricaElias Zabaneh Exec Director Heavy Fans & HeatersGreg DuffyHead of Risk ManagementJim FairbairnExec Director CompressorsJohnMcKnightExec Director Industrial FansRosie GarriganChief Legal CounselUpdated to include latest organisation changes in Autumn 2012
11We employ 4400 people in 23 countries throughout the world. OrganisationGlobal PresenceWe employ 4400 people in 23 countries throughout the world.Australia – Brazil – Canada – Chile – China – Denmark – Dubai – France – Germany – India – Mexico – Netherlands – Russia - Singapore – South Africa – South Korea – Spain – Taiwan – Thailand – United Kingdom – USA – Venezuela – Vietnam
12Our global footprint covers our major markets and potential markets. OrganisationGlobal LocationsOur global footprint covers our major markets and potential markets.ChesterfieldRhedenGlasgow/RenfrewBirkerødNæstvedBelfastHengeloMoscowMontrealKingswinfordWarsawLilleCoswigWeihaiCantonBuffaloParis/NogentNew PhiladelphiaHeidenheimPlymouth MeetingBeijingSeoulCartagenaColumbiaRaleighOranXi’anTokyoWuhanShanghaiDelhiMonterreyDubaiChengduTaipeiMexico CityPuneGuangzhouBangkokCaracasHong KongSingaporeSao PaoloRio de JaneiroSasolburgJohannesburgSantiagoPort ElizabethSydneyMelbourneMap keySales officeSite with no manufacturingSite with manufacturing
13Products and ServicesProductsHigh integrity fans, heat exchangers and compressors for key industries which demand the highest levels of efficiency, reliability and availability.Centrifugal fanAxial fanRotary heat exchangerCompressorCooling fanSpecial and local productsSeparate presentation gives more detail on products
14Products and ServicesAcquisitionsOver the years Howden has acquired many well known technologies, companies and/or brands in the air and gas handling field.Brand/CompanyMain countryAerodyne FansAustraliaFantecnic FansPitstock FansPhoenix FansPowermax FansWolf FansWheeler FansAeolusBrazilCanadian BlowerCanadaSheldon FansCovent FansNordisk FansDenmarkVariax FansBerry FansFranceBurton Corblin CompressorsPeriflow® CompressorsSofrair BlowersVentilateurs NeuTurbowerke MeissenGermanyVoith FansAirtech FansSouth AfricaDonkin FansMajax FansBrand/CompanyMain countrySafanco FansSouth AfricaTallares Sanchez Luengo (TSL)SpainStork FansThe NetherlandsVentilatoren Sirocco HowdenThomassen CompressorsAerex FansUnited KingdomAirscrewCarter FansDavidson FansDonkin BlowersEngart FansGodfrey BlowersHowden Sirocco Fans & HeatersJames HowdenReavell CentrifugalSiroccoWallerAmerican BlowerUSABuffalo ForgeJoy Green FansSturtevant FansWestinghouse FansHowden BuffaloUSA/UKSome brands were acquired with the company, others eg Joy, we do not own but continue to provide aftermarket services to installations
15Products and ServicesInstalled baseOur extensive installed base demonstrates our experience and underpins our applications knowledge.ProductNumberCentrifugal fans25,000V.P Axial fans3,000Cooling fans10,000Heat exchangers4,000Screw compressors35,000Reciprocating compressors12,500Turbo compressors1,250
16Products and ServicesServicesServices to install, service and maintain plant through extended lifetimes. Plant refurbishment and upgrades to enhance performance and efficiency.ErectionSpare parts supplyRetrofittingCommissioningServicingPlant upgradesMore detail on services given in separate presentation on aftermarket services
17MarketsMajor utility and process industriesWe operate in a wide range of industries, which underpin today's modern industrial society.Power generationOil/gas petrochemicalsIron and steelMiningWaste water treatmentCement manufacture
18Company overviewMarkets – General industrialWe operate in a wide range of industries, which underpin today's modern industrial society.Tunnel ventilationPulp and paperTransport and vehiclesRefrigerationIndustrial gasesDefence
19(New equipment plus aftermarket) MarketsSales by Industry and RegionOur sales are made throughout the world to key process industries.By industryBy regionNew equipment plus aftermarket(New equipment plus aftermarket)
20VALUES Howden Culture Our Values CUSTOMERS TALK, WE LISTENTHE BESTTEAM WINSCONTINUOUS IMPROVEMENT (KAIZEN) IS OUR WAY OF LIFEVALUESINNOVATION DEFINES OUR FUTUREWE COMPETE FOR SHAREHOLDERS BASED ON OUR PERFORMANCESPEAKER NOTES:We are introducing an icon to represent each of our values. As Colfax has 14,000 associates across more than 20 countries, we are trying to ensure that the values are understood by all associates in all countries and cultures. Even if Associates can’t recall the words that go with each value we hope the icons will be memorable.The five values are:--The Best Team Wins--Customers Talk, We Listen--Continuous Improvement (Kaizen) Is Our Way of Life--Innovation Defines Our Future--We Compete For Shareholders Based On PerformanceWhile most behaviors will be the same across all organization levels, there will be additional expectations to lead by example for those in management roles. These expectations will be described more fully during the upcoming training for our new Performance Management Process. The new PMP will integrate the values and Individual Performance Objectives while establishing a consistent review process across all business platforms. To reinforce the importance of the values , when we move to the new PMP, living our Corporate values will represent 30% of our overall performance rating.
21Howden Culture Colfax Business System CBS is our approach to becoming a world class organisation, our unique business management system. It isdesigned to achieve world-class performance and results by continuously eliminating waste in all processes, whileconstantly improving quality, delivery and cost. It demonstrates why we operate under the principle of ContinuousImprovement and adhere to the philosophy that there is always a better way.What is the CBS process?It starts by listening to the voice of the customer and establishing measureable goals for delivering world-class performance in quality, delivery, cost and growth.We assemble the best team of people, based on the expertise, knowledge and experience, required to deliver business improvement priorities.The best team of people develop a plan. This can range from a high level plan for a whole business unit, to addressing improvements within an individual process.The plan is supported by a disciplined and structured process which provides our customers with an exceptional level of quality, delivery and cost which enables them in turn, to grow their business.The model is driven and strengthened through a culture of continuous improvement and the result is a reliable and consistent track record of world-class performance.
22Howden culture Talent Development Talent Development We have a Talent programme which optimises the skills and capabilities of Howden employees ensuring alignment to current and future business needs. We implement a range of development activities and career paths that will our employees to develop and grow.Engineering Career LadderOur Engineering Career Ladder provides our Engineers with a robust and clear route to develop and further their career at Howden. Howden is proud of its engineers and their contribution to creating our reputation for Engineering Excellence Worldwide. We want to ensure that we recognize this contribution by providing career development paths and support for Howden engineers at all levels, allowing them to achieve their full potential.Howden AcademyAward winning Howden Academy is a suite of e-learning and a three week residential development programme in partnership with a leading university which we provide to our new and acquired engineersDeveloping Management ExcellenceOur global leadership programme, 8 days of classroom education in conjunction with personality profiling & e-learning modules, being delivered to all of our managers in current and acquired businessesOur associates have an opportunity to grow, develop and work globally