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In Brief β’ Houston, Texas-based Water Standard Co (WSC) has received commitments of up to US$250 million in equity to develop its seawater desalination vessels. Amanda Brock, WSC CEO, said that the funding "sends a strong message that our vessel-based technology and environmentally focused approach is a powerful alternative in efforts to address a true global challenge." "We have the technology in both water and wastewater treatment and are building an experienced team of leaders in their field," Brock continued. "Now we have the financial resources necessary to penetrate this market." www.waterstandard.com β’ ITT Corp has been ranked ninth on CRO Magazine's list of '100 Best Corporate Citizens.' The annual ranking evaluates more than 1100 large US public companies, which are drawn predominantly from the Russell 1000 Index, in eight key categories: environment, climate change, human rights, employee relations, corporate governance, lobbying, philanthropy and financial performance. Joining ITT in the top 10 of the '100 Best Corporate Citizens' list were Intel, Eaton, Nike, Deere & Co, Genentech, Corning, Humana, Bank of America and PG&E. www.thecro.com and www.itt.com β’ Donaldson Co has received a 2007 Gold Award from Vulcan Materials Co as part of the Vulcan 9th Annual Alliance Partner Awards. This is Donaldson's third year to receive an Alliance Partner award. Each year, Vulcan plant managers complete surveys ranking suppliers in a variety of product and service areas. The criteria used for this year's survey were product, service, support, ease of transactions and value, with an 'overall' rating added to this year's results. To be considered for an award, suppliers must have a minimum of 25 ratings. "Our team at Donaldson greatly appreciates this award. We value our relationship with Vulcan and our commitment to customer service," said Val Peterson, director of strategic accounts, Donaldson Engine Aftermarket.
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