Wholesaler 06 01 2016 E Edition Page 4

4 JUNE 2016 l thewholesaler.com INDUSTRY NEWS www.thewholesaler.com LENEXA, KAN. - As part of its re- location to a larger, state-of-the- art administrative facility, Global pump manufacturer Grundfos officially broke ground on a new 40,000-square-foot office building here. Expected to be completed during the fall of 2017, the new LEED-certified design facility will replace Grundfos' current Kansas City offices located eight miles southwest in Olathe. The new of- fices will continue to house the company's customer service, tech- nical training, marketing, business development and other support functions for the Americas region and U.S. sales. "Throughout its history, Grundfos has been proud to be- come ingrained in communities we call home. We are excited to move forward in our journey by putting down roots in Lenexa," said Terry Teach, executive vice president of sales for domestic buildings for Grundfos. Visit http://us.grundfos.com Grundfos breaks ground on new offices in Kansas L to R: Keith Copaken, Principal, Developer Copaken Brooks; Lenexa, KS Mayor Hon. Michael Boehm; Poul Due Jensen, Grundfos Group Executive VP of Sales & Market- ing; Terry Teach, Grundfos USA Executive VP of Sales for Domestic Buildings; Kirk Vigil, Grundfos USA Director of National Accounts for Domestic Buildings. Be sure to check out www.thewholesaler.com for the latest news delivered throughout the day. Our weekly e-newsletter arrives at your in-box every Wednesday. Subscribe at: thewholesaler\content\ subscribe-the-wholesaler On the road: Our roving editors post timely and interesting videos from industry events throughout the year NEWPORT NEWS, VA. - Ferguson announced it has reached a settlement agreement with Lock- wood International, Inc. and several former Ferguson employees. Under the terms of the settlement, Lock- wood and certain former Ferguson employees settled legal proceedings brought by Ferguson and agreed to significant obligations and non- solicitation restrictions, as well as a multimil- lion-dollar payment to Ferguson. Lockwood and the former employees also agreed to return or destroy all confidential in- formation and material improperly taken from Ferguson. A forensic examiner will also wipe from Lockwood's computer systems any Fer- guson information obtained from the former Ferguson employees. Ferguson announces settlement with Lockwood, former employees

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