Rexnord Corporation acquires World Dryer Corporation

Freeman Staff

Oct. 10, 2017

MILWAUKEE — Rexnord Corporation has acquired World Dryer Corporation, according to a Monday announcement.

With annual sales of about $20 million, World Dryer is a global manufacturer of commercial electric hand dryers with the largest worldwide installed product base. It will join Rexnord’s Zurn business.

“The combination of World Dryer’s ecofriendly hand dryers and Zurn’s water-efficient plumbing products is expected to bring even greater value to commercial building owners in the form of lower operating costs,” according to the news release.

Headquartered in Milwaukee, Rexnord is comprised of two strategic platforms, Process & Motion Control and Water Management, with approximately 8,000 employees worldwide.