Pentair is a diversified operating company headquartered in Minnesota. Its Water Group is a global leader in providing innovative products and systems used worldwide in the movement, treatment, storage and enjoyment of water. Pentair¿s Enclosures Group is a leader in the global enclosures market, designing and manufacturing standard, modified, and custom enclosures that house and protect sensitive electronics and electrical components. Revenues from continuing operations in 2004 were $2.28 billion, or $2.76 billion on a pro forma basis (as if Pentair¿s 2004 acquisitions had been completed at the beginning of the year). Pentair has approximately 13,000 employees worldwide.