MINNEAPOLIS--(BUSINESS WIRE)--Sept. 10, 2008--Pentair, Inc.
(NYSE:PNR) announced today that the company will no longer provide
bottled water at its major facilities by Sept. 1, 2009, and instead
will provide premium water filtered by the company's Everpure systems
for employees.
The plan is being implemented in approximately 50 Pentair
facilities worldwide. Some facilities, including Pentair's Minneapolis
headquarters, already have made the switch to Everpure-filtered tap
water.
"Pentair's Everpure filtration systems produce high-quality,
great-tasting water. Eliminating bottled water provides significant
economic and environmental benefits, including a significant reduction
in waste," said Randall J. Hogan, president and chief executive
officer. "As a leader in the water-treatment industry, this transition
is logical for our company and our employees."
Pentair's conversion plan will eliminate all company-provided
bottles at its largest facilities: to put the potential savings into
perspective, tap water costs are slightly more than $2 per 1,000
gallons, according to the EPA. If a quarter-gallon bottle of water
costs $1, that's $4,000 for 1,000 gallons of bottled water.
About Pentair, Inc.
Pentair (www.pentair.com) is a diversified operating company
headquartered in Minnesota. Its Water Group is a global leader in
providing innovative products and systems used worldwide in the
movement, treatment, storage and enjoyment of water. Pentair's
Technical Products Group is a leader in the global enclosures and
thermal management markets, designing and manufacturing thermal
management products and standard, modified, and custom enclosures that
house and protect sensitive electronics and electrical components.
With 2007 revenues of $3.30 billion, Pentair employs approximately
16,000 people worldwide.
About Everpure
Everpure (www.everpure.com), a brand in the Pentair Water
portfolio, is a leading foodservice industry supplier, has been
manufacturing commercial water filtration solutions and services
worldwide. Known since 1933 for its top of the line commercial water
filtration products, Everpure is the first company to bring a full
suite of commercial-grade products to the residential market.
CONTACT: Pentair, Inc.
Investor Relations:
Todd Gleason, 763-656-5570
E-mail: todd.gleason@pentair.com
or
Corporate Communications:
Rachael Jarosh, 763-656-5280
E-mail: rachael.jarosh@pentair.com
SOURCE: Pentair, Inc.