Rotork to Benefit from Water System Growth

According to Chief Executive Office Peter France of Rotork Plc, the company will benefit from 6 percent to 8 percent growth in worldwide spendnig on water systems this year. Rotork Plc is an UK-based manufacturer of industrial valves and controls.

He mentioned in the telephone interview by BusinessWeek that growth is likely to be particularly strong in China, partly due to the lacking of clean drinking water in lots of cities. Furthermore, U.S. may pour in about $500 billion on clean water and wastewater systems in the next 20 years.