Pentair (NYSE: PNR) is comprised of two segments:Water Group, which provides products and systems used in the movement, storage, treatment, and enjoyment of water; and Technical Products Group, which designs and manufactures standard, modified, custom enclosures.
Pentair is a focused diversified industrial manufacturing company comprised of two operating segments: Water and Technical Products. The Water Group provides products and systems used worldwide in the movement, storage, treatment and enjoyment of water. The Technical Products Group participates in the global enclosures and thermal management markets, designing and manufacturing standard, modified and custom enclosures that house and protect sensitive electronics and electrical components; thermal management products; and accessories. In 2009, they expect the Water Group and Technical Products Group to generate approximately 2/3 and 1/3 of total revenues, respectively.
The Water Group has progressively become a more important part of the business portfolio with sales increasing from approximately $125 million in 1995 to approximately $2.2 billion in 2008.
Source: Pentair, Inc. July 21st, 2009 10-Q