Hyundai Heavy Industries Turbomachinery signed an MOU with Pohang city and Gyeongbuk province to invest 100 billion won through 2029 in a new plant at Yeongilman 4 industrial complex producing eco-friendly turbomachinery and SMR equipment. About 100 jobs are expected to be created.

EBARA subsidiary Ebara Precision Machinery Korea is constructing a second overhaul plant for dry vacuum pumps in Pyeongtaek, Gyeonggi Province, on a site of about 13,000 square meters. Construction began in October 2025, with completion scheduled for December 2026 and operations from January 2027; the investment is undisclosed.

Rotork plc agreed to acquire Noah Actuation, a Seoul-based South Korean electric actuator manufacturer, for an enterprise value of £44 million. The deal is expected to close in the coming days.

Nakakita Seisakusho agreed to acquire Ace Valve Co. from Dta Investment Co. on November 26, 2024, with completion expected December 20, 2024. Ace Valve reported KRW 21.4 billion in total revenue for 2023.

Mogas Industries was awarded a multimillion-dollar contract to supply more than ninety severe service valves and actuation packages for S-Oil's Shaheen project in South Korea, the first commercial TC2C plant.

MOGAS Industries was awarded a multimillion-dollar contract for S-Oil's Shaheen project in South Korea, the first commercial TC2C technology plant, supplying more than ninety severe service valves and actuation packages.

Korean fittings and valve maker Hanseon Engineering is ramping up mass production of semiconductor safety and relief valves and is building a second factory near its Busan headquarters, targeted for completion early next year.

Atlas Copco agreed to acquire Presys Co., Ltd., a privately owned vacuum valve maker with 134 employees in Suwon, South Korea. The purchase price was not disclosed and closing is expected in Q1 2024, subject to regulatory approval.

Samsung Heavy Industries and Hyundai Heavy Industries contracted Svanehøj to supply cargo, fuel and spray pumps for four additional very large ethane carriers, in a order worth more than US$7.5 million.

Scana ASA, through subsidiary Scana Valve Control, agreed to transfer its 49% stake in the Korean joint venture Scana Korea Hydraulic to SKH for about NOK 40 million, with closing expected in Q2 2023, alongside a new strategic cooperation agreement with Skarpenord.

Hwaseong Valve signed a single supply contract with Korea Gas Corporation to supply 10-inch-and-larger ball valves for a construction project at a supply management station, worth KRW 3.87 billion (about 5.38% of its recent sales). The contract runs from January 5, 2023 to February 29, 2024.

LOT Vacuum signed a supply contract with Samsung Electronics worth 14.3 billion won for dry vacuum pumps used in semiconductor processes. The contract runs until 30 December 2023 and equals 5.52% of LOT Vacuum's prior-year revenue.

KSP signed a supply contract worth KRW 3,544.52 million (about $2.7 million) with Hyundai Global Service to supply valve spindles and valve seat rings for medium-speed engines, with the contract running until December 31 of the following year.

Korea Seal Line and Ulsan City signed an investment memorandum of understanding for a new metal bellows seal factory in the GW General Industrial Complex in Ulju-gun. The 7.8 billion KRW project is scheduled to begin construction in February 2023 and finish in October.

Edwards, part of Atlas Copco, inaugurated a new 16,000 m2 vacuum pump plant in Asan City, South Korea, to serve global semiconductor manufacturing. Production began in June 2022 and the plant will create about 150 jobs.

Kwang Jo ILI is building a second factory extension at its headquarters in Yangsan, South Gyeongsang, to produce ball, butterfly, check and needle valves. Operations are targeted for November 2022.

Avingtrans subsidiary Hayward Tyler, Inc. secured two nuclear safety spare-parts contracts worth a total of US$7 million from Korea Hydro & Nuclear Power, to be completed before June 2023. The parts are for Nuclear Service Cooling pumps in South Korean reactors.

BMT held a groundbreaking ceremony for a new plant in Gijang-gun, Busan, with construction investment of about KRW 34 billion and annual production capacity rising from KRW 150 billion to KRW 300 billion. Completion is planned for March 2023.

Edwards UK and CSK, both Atlas Copco affiliates, signed an MOU worth about $101-110 million to build an integrated vacuum pump and gas processing equipment plant in Tangjeong General Industrial Complex, Asan, expected to create 270 jobs over five years.

PK Valve, a subsidiary of STX, began building a second dedicated plant for cryogenic butterfly valves for LNG carriers, targeted for completion in September 2021. The company expects LNG valve sales of 50 billion won in 2021.

Edwards and CSK, both Atlas Copco units, signed an MOU with South Chungcheong Province to build a semiconductor and display equipment plant on a 57,810 m² site in Asan, investing $110 million over five years.

TK-Fujikin signed an MOU with Busan Jinhae Free Economic Zone Authority to invest KRW 55.7 billion in a new factory on a 33,881 square metre site in Busan, adding to its existing plants. The project is scheduled to finish in 2025 and add about 450 jobs.

Taekwang Fujikin signed a site lease agreement with the Busan-Jinhae Free Economic Zone Authority to build a new factory in the Hwajeon industrial complex in Busan, South Korea, consolidating its existing plants with a total investment of 55.7 billion won, with about 450 new jobs planned and completion by 2025.

Korean shipyards Samsung Heavy Industries and Hyundai Heavy Industries contracted Svanehøj to supply cargo, fuel and spray pumps for four additional very large ethane carriers, with delivery in Q3 2021. The pump orders are worth more than US$7.5 million.

Enertorque is building a new factory in Dalseong-gun, Daegu, for actuators and water gate hoists, investing 5.6 billion won. Completion of main facilities is expected in the first half of 2021.

Mecaro, a Korean semiconductor parts and materials maker, signed an agreement to acquire 100% of KVTS, which makes special valves for semiconductor equipment. The signing ceremony was held at Mecaro's Pyeongtaek headquarters on 2 November 2020.

The STX consortium completed payment to Heung-A Shipping for 3,642,640 PK Valve shares, becoming PK Valve's largest shareholder in Korea, reported on 30 October 2020.

STX was notified on July 29, 2020 that it has been selected as the preferred bidder for the acquisition of PK Valve Co., Ltd. Final details have not yet been announced.

Valve maker BMT signed an investment MOU with Busan city to move its headquarters and production plant from Yangsan to the Gijang Advanced Materials Industrial Complex. The KRW 39.5 billion project on a 47,933 square meter site is due by 2023 and will create at least 50 new jobs.

Metso's Neles Globe Valve Technology Center in Chungju, South Korea, is operational and ready for global deliveries of globe valves for oil and gas and power customers.

Unilok, a maker of high-performance valves, invested 48 billion won and completed a new factory in Sihwa MTV, Korea, with about 20,000 m2 of land. A 7,600 m2 site is reserved for expansion.

Jokwang ILI signed a KRW 2.19 billion MFC project contract to supply safety valves for GS Caltex's MFC process area at its Yeosu plant, disclosed September 25, 2019.

LOT Vacuum signed a single supply contract worth 4.35 billion won with Samsung Electronics for dry vacuum pumps used in semiconductor processes, signed on January 17, 2019 and disclosed January 18, 2019.

The Verder Group has acquired JEC Limited, a South Korean manufacturer of hygienic rotary lobe, centrifugal and twin-screw pumps for the food, pharmaceutical and hygienic markets. JEC will continue under director James Song.

Baker Hughes supplied more than 2,000 valves for S-Oil's Residue Upgrading Complex and Olefin Downstream Complex, which reached mechanical completion. The projects are valued at over $4.4 billion.

Kumkang Kind plans to acquire 21 million shares in Kspvalve worth 10.5 billion won, giving it a 57.5 percent stake after the transaction.

Israeli valve maker Hamlet announced the acquisition of South Korean company S&S Valve for up to $6 million, entering flow-control valve management for gas, oil and petrochemical applications. S&S Valve had 2017 sales of about $30 million.

LOT Vacuum disclosed a single supply contract worth KRW 4.09 billion with Samsung Electronics for plasma pretreatment systems and dry vacuum pumps used in semiconductor processing. The contract was signed on 2018-05-18 and delivered to Pyeongtaek and Giheung in Gyeonggi.

LOT Vacuum signed a single supply contract with Samsung Electronics worth KRW 3.73 billion for dry vacuum pumps used in semiconductor processes, for sites in Pyeongtaek and Giheung-gu, Yongin. The contract equals 1.9% of LOT Vacuum's recent sales.

Chinese valve maker Geonhwa Valve signed an MOU with Chungnam province and Boryeong city to invest 10 million dollars in expanding its cast iron pipe valve factory in the KXD industrial complex by year-end, creating 50 jobs.

ELOT Vacuum signed a supply contract with SK Hynix for dry vacuum pumps used in semiconductor processes, worth KRW 2,384.41 million, about 1.2% of its 2017 revenue, with a term to July 2, 2018.

Kitz Corp signed a contract to acquire a 100 percent stake in Korea-based valve maker Cephas Pipelines Corp, with the transaction expected to complete on April 17. The deal value was not disclosed.

Korean valve maker BMT says its semiconductor-grade premium valves are being tested at Samsung Electronics and SK Hynix, and it expanded its factory last year to prepare for orders.

Hayward Tyler, part of Avingtrans, won a US$6.7 million contract from Korea Hydro & Nuclear Power for spare parts to upgrade and refurbish existing nuclear power plants. Total orders from KHNP since September 2017 exceed US$10 million.

LOT Vacuum signed a single supply contract worth KRW 3.81 billion with SK Hynix for dry vacuum pumps used in semiconductor processes, with delivery in South Korea. The contract was signed on February 2, 2018 and disclosed on February 5.

LOT Vacuum signed a single supply contract worth 4.93 billion won with Samsung Electronics for dry vacuum pumps used in semiconductor processes, delivered to Pyeongtaek, Gyeonggi. The contract was signed on January 31, 2018.

LOT Vacuum signed a single supply contract with Samsung Electronics worth KRW 9,738,336,002 for plasma pretreatment systems and dry vacuum pumps for semiconductor processes, to be supplied in Pyeongtaek, Gyeonggi Province.

LOT Vacuum signed a contract worth KRW 3,855,475,000 with Samsung Electronics for plasma pretreatment systems and dry vacuum pumps used in semiconductor processing, running from 13 December 2017 to 28 February 2018.

LOT Vacuum signed a single supply contract worth KRW 4.64 billion with Samsung Electronics for dry vacuum pumps used in semiconductor processes, for sites in Pyeongtaek and Giheung-gu, Yongin, signed on October 13, 2017.

Framo AS has won a contract to supply sea water lift pump systems for a floating storage regasification unit being built for GasLog at Samsung Heavy Industries in Korea. The order follows a similar supply deal for a Høegh LNG FSRU at the same shipyard.