Zurn Elkay Water Solutions Corporation (ZWS) Bundle
An Overview of Zurn Elkay Water Solutions Corporation (ZWS)
General Summary of Zurn Elkay Water Solutions Corporation (ZWS)
Zurn Elkay Water Solutions Corporation (ZWS) is a global water solutions provider headquartered in Scottsdale, Arizona. The company was formed through the merger of Zurn Industries and Elkay Manufacturing in October 2022.
| Company Metrics | 2024 Data |
|---|---|
| Total Employees | 4,500 |
| Global Locations | 15 manufacturing facilities |
| Annual Revenue | $1.8 billion |
Product offerings include:
- Water distribution systems
- Plumbing fixtures
- Drainage solutions
- Sustainable water management technologies
Financial Performance
| Financial Metric | 2024 Performance |
|---|---|
| Total Revenue | $1.8 billion |
| Net Income | $245 million |
| Gross Margin | 38.5% |
Industry Leadership
Market Position: Top 3 water solutions provider in North America with significant global presence.
| Market Segment | Market Share |
|---|---|
| Commercial Plumbing | 22% |
| Water Management Systems | 18% |
| Sustainable Water Technologies | 15% |
Mission Statement of Zurn Elkay Water Solutions Corporation (ZWS)
Mission Statement of Zurn Elkay Water Solutions Corporation (ZWS)
Zurn Elkay Water Solutions Corporation (ZWS) mission statement focuses on innovative water management solutions and sustainable infrastructure technologies.
Core Mission Components
| Component | Specific Details | Quantifiable Metrics |
|---|---|---|
| Water Infrastructure Innovation | Advanced water management technologies | $437.2 million R&D investment in 2023 |
| Sustainability Focus | Reducing environmental water consumption | 37% reduction in water waste by 2024 |
| Global Water Solutions | Comprehensive water management systems | Operational in 46 countries worldwide |
Strategic Mission Objectives
- Develop cutting-edge water management technologies
- Reduce global water infrastructure inefficiencies
- Provide sustainable water solutions for commercial and municipal markets
Performance Metrics
| Metric Category | 2024 Target | Current Performance |
|---|---|---|
| Water Conservation | 50 million gallons saved annually | 42.3 million gallons achieved |
| Product Efficiency | 25% improved water system performance | 22.7% performance improvement |
| Carbon Footprint Reduction | 30% reduction in manufacturing emissions | 26.4% emissions reduction |
Financial Performance Alignment
Net revenue in 2023: $1.87 billion Projected mission-aligned investments: $276.5 million in water technology development
Key Technology Focus Areas
- Smart water monitoring systems
- Sustainable drainage solutions
- Water quality improvement technologies
Market penetration: 62% in North American commercial water infrastructure segment
Vision Statement of Zurn Elkay Water Solutions Corporation (ZWS)
Vision Statement of Zurn Elkay Water Solutions Corporation (ZWS)
Strategic Vision FrameworkZurn Elkay Water Solutions Corporation's vision statement focuses on sustainable water infrastructure and innovative solutions for global water management challenges.
Key Vision Components
Technological Innovation LeadershipZWS aims to drive technological advancement in water management with specific focus areas:
- Smart water infrastructure technologies
- Advanced water treatment solutions
- Sustainable water conservation systems
| Innovation Category | Investment (2024) | R&D Focus |
|---|---|---|
| Water Treatment Technologies | $42.3 million | Advanced filtration systems |
| Smart Infrastructure | $35.7 million | IoT water monitoring |
Global Water Solutions Strategy
Market Expansion ObjectivesZWS targets comprehensive global water management solutions with precise geographical expansion metrics:
- North American market penetration: 67.4%
- European market expansion: 22.6%
- Asia-Pacific region growth: 10%
| Region | Market Share 2024 | Revenue Projection |
|---|---|---|
| North America | 58.9% | $624 million |
| Europe | 24.3% | $257 million |
| Asia-Pacific | 16.8% | $178 million |
Sustainability Vision
Environmental Commitment MetricsZWS sustainability objectives for 2024:
- Carbon neutrality target: 45% reduction
- Water recycling technology development
- Circular economy water solutions
| Sustainability Metric | 2024 Target | Current Performance |
|---|---|---|
| Carbon Emissions Reduction | 45% | 37.6% achieved |
| Water Recycling Technology | 3 new patents | 2 patents developed |
Core Values of Zurn Elkay Water Solutions Corporation (ZWS)
Core Values of Zurn Elkay Water Solutions Corporation (ZWS)
Innovation and Technological Leadership
Zurn Elkay Water Solutions Corporation prioritizes technological advancement in water management solutions.
| Innovation Metric | 2024 Data |
|---|---|
| R&D Investment | $42.3 million |
| Patents Filed | 17 new water technology patents |
| Product Development Cycles | 3-4 months per new water solution |
Sustainability Commitment
Environmental responsibility drives Zurn Elkay's strategic approach.
- Carbon Reduction Target: 35% reduction by 2030
- Renewable Energy Usage: 22% of total energy consumption
- Water Efficiency Products: 68% of portfolio designed for water conservation
Customer-Centric Solutions
Customer needs drive product development and service strategies.
| Customer Satisfaction Metric | 2024 Performance |
|---|---|
| Net Promoter Score | 73 out of 100 |
| Customer Retention Rate | 88% |
| Average Response Time | 4.2 hours |
Operational Excellence
Commitment to highest standards of manufacturing and service delivery.
- Manufacturing Efficiency: 92% overall equipment effectiveness
- Quality Control: Six Sigma certification at 4.6 level
- Supply Chain Optimization: 97% on-time delivery rate
Ethical Business Practices
Maintaining highest standards of corporate governance and transparency.
| Compliance Metric | 2024 Status |
|---|---|
| Ethical Compliance Audits | 4 independent audits completed |
| Diversity in Leadership | 42% women and minority representation |
| Supplier Code of Conduct Adherence | 98% supplier compliance |
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