Grundfos was recognized for its investment in the United States, its focus on energy- and eco-friendly solutions and its commitment to corporate social responsibility.
COPENHAGEN – Grundfos has been named the recipient of AmCham Denmark’s 2011 Transatlantic Business Award.
Grundfos recognized for its investment in the U.S., its focus on energy-and eco-friendly solutions and its commitment to Corporate Social Responsibility.
AmCham Denmark’s 2011 Trans Atlantic Business Award has been awarded to Grundfos after being in close competition with TERMA, Danfoss, H.Lundbeck and Santaris Pharma. An independent jury consisting of Jesper Møller (CEO, Toms Group and DI Chairman), Sten Scheibye (Chairman for the Danish Trade Council, Novo Nordisk and Denmark’s Technical University) and Steen Thomsen (Business Management Professor at Copenhagen Business School’s Department of International Economics) has selected Grundfos for its impressive growth in investment and employment in the U.S., its research in energy and eco-friendly solutions and its significant contributions within in Corporate Social Responsibility.
“Grundfos has made significant investments in both Denmark and the U.S., where it has been active since 1973, with production, product development and a growing market share of currently 7 percent. The company’s commitment to the U.S. is evidenced by its 1,200 employees and growth rates of 12 to 14 percent (crisis years excepted). The company excels in energy and eco-friendly solutions. It has founded a global water technology center in California with the universities of Berkeley, Davis and Fresno and is also working on solar energy (with Purdue University). Its newly established department for global business development in Kansas will develop the global market for small submersible pumps.
Grundfos is active in corporate social responsibility, sustainability and philanthropy. It has a policy of employing disabled persons (currently 4% of the workforce), regularly donates to U.S. charities and seeks to promote sustainability through its products and production processes,” says Sten Scheibye who presented the award.
Accepting the award on behalf of Grundfos was Dennis Wierzbicki, President of Grundfos Pumps Corporation.
“Five years ago Grundfos set an ambitious plan to grow in the USA and North American region as a hole. Since then we have invested in research and development, we have acquired three companies in the U.S. and added a long list of new products to the market. Winning this prize makes us proud, and it highlights both to ourselves, and to the world around us, that we are on the right course and a very solid company in the USA.
Our ambitions are to make Grundfos the leading pump company in North America, and we are well underway with annual double digit growth rates. We will continue to invest in people, partnerships, technology and sustainability. To Grundfos, sustainability is the prerequisite for the sound growth we all want. “
The award was presented April 12th at AmCham Denmark’s annual reception held at H. Lundbeck in Valby.
AmCham Denmark is a non-profit, non-governmental business association representing companies actively investing in Denmark and the United States. As the “Voice for International Business in Denmark,” AmCham is committed to building a competitive business environment in Denmark, and to doing its part to remove barriers to international trade.
Grundfos is one of the world's leading pump manufacturers including circulation pumps for heating and air-conditioning and other centrifugal pumps for industrial applications. Grundfos continuously strives to meet future challenges within the areas of global climate, environment, and energy. We want to make a difference by using our numerous competences to develop trend-setting and high-technology solutions that are at the same time environmentally sustainable for the benefit of people around the world.
Executive Director Stephen Brugger
Tel: +45 33 932 932