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Operator Good day and thank you for standing by. Welcome to the Q1 2021 Pentair Earnings Conference Call. [Operator Instructions] I would now like to hand the conference over to your speaker today, Jim Lucas. Thank you. Please go ahead. James C. Lucas Senior VP of IR & Treasurer Thanks, Stephanie, and welcome to Pentair s First Quarter 2021 Earnings Conference Call. We re glad you could join us. I m Jim Lucas, Senior Vice President, Treasurer, FP&A and Investor Relations. With me today is John Stauch, our President and Chief Executive Officer; and Bob Fishman, our Chief Financial Officer. On today s call, we will provide details on our first quarter performance, as outlined in this morning s press release. Before we begin, let me remind you that any statements made about the company s anticipated financial results are forward-looking statements subject to future risks and uncertainties such as the risks outlined in Pentair s most recent Form 10-Q, Form 10-K ....
Operator Good morning, and welcome to Dover s First Quarter 2021 Earnings Conference Call. Speaking today are Richard J. Tobin, President and Chief Executive Officer; Brad Cerepak, Senior Vice President and Chief Financial Officer; and Andrey Galiuk, Vice President of Corporate Development and Investor Relations. After the speakers remarks, there will be a question and answers period. [Operator Instructions] Thank you. I would now like to turn the call over to Mr. Andrey Galiuk. Please go ahead, sir. Andrey Galiuk Vice President of Corporate Development and Investor Relations Thank you, Laurie. Good morning, everyone, and thank you for joining our call. This call will be available for playback through May 4th, and the audio portion of this call will be archived on our website for three months. ....
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A This week marked one year since the World Health Organization declared the coronavirus outbreak a global pandemic, and what a year it’s been. But if you had been lucky enough to live under a rock and avoid the whole thing, the starting and ending data points for the manufacturing sector might leave you scratching your head as to what all the fuss was about. US manufacturing activity expanded in February at the fastest pace in three years, according to Institute for Supply Management data. Copper prices, a key indicator of industrial demand, are near a decade high. The S&P 500 Industrial Index is trading almost 20% higher than where it ended 2019. CEOS at companies including 3M Co., Stanley Black & Decker Inc. and Caterpillar Inc. are spending like there’s no pandemic. By almost every measure, the industrial recovery is well underway and accelerating. It s remarkable when you stop and think about it. ....