Grundfos

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About Grundfos

Grundfos Group is a world-leading manufacturer of pumps, pump motors and related equipment. The Bjerringbro, Denmark-based company produces a full range of circulator, submersible, and centrifugal pumps for a variety of applications, including water delivery, well-water, irrigation, heating and cooling systems, and industrial operations, as well as wastewater treatment and discharge. Grundfos is the world's leading producer of circulator pumps, accounting for 50 percent of the total global market. Each year the company produces more than ten million pumps. Supporting its pump operations, Grundfos has also developed a range of electric motors and powering systems, using solar, wind, and multiple-source energy supplies. In addition, Grundfos develops and manufactures its own electronic control and related equipment.

While Denmark remains an important component of Grundfos's manufacturing base, the company has begun a process of shifting much of its production internationally. The company has focused its international manufacturing effort especially on Hungary, launching construction of a new factory there in 2006. Grundfos also operates manufacturing and assembly facilities in the United States, the United Kingdom, France, Switzerland, Italy, Germany, Finland, Taiwan, China, and Brazil. The company also operates a network of sales and marketing subsidiaries, with more than 70 subsidiaries in over 40 countries. Grundfos remains a privately owned company, controlled by the Poul Due Jensen Foundation established by the founding family in 1975. The Jensen family itself directly controls a 12 percent stake in the company, which is led by President and CEO Jens Jorgen Madsen.