GEA began construction of a 85,000 square foot repair, logistics, assembly, production and training facility in Janesville, Wisconsin. The investment is about USD 20 million, over 70 jobs are expected, and opening is scheduled for late 2023.
Dresser Utility Solutions, a maker of metering, instrumentation and flow control products, has acquired the assets of Total Piping Solutions in Olean. The article is truncated and gives no deal value.
Marotta Controls has upgraded its motor operated pilot valve used in aqueous film-forming foam systems on naval surface ships. The valve now has a 250 PSI pressure rating, meets current Navy requirements and is in production.
Motion & Control Enterprises (MCE) acquired Nightwine Valves & Actuation, a Cleveland, Ohio distributor of flow control products such as valves, actuators and regulators serving Ohio, Pennsylvania and Kentucky. The deal was announced on November 1, 2022.
Lancaster-based private equity firm Peak Capital acquired Penn Pump & Equipment, a Hatfield manufacturer and distributor of plumbing and HVAC pumping products, as reported on October 31, 2022.
Triumph Group's Actuation Products & Services business was awarded a Lockheed Martin agreement to manufacture the brake valve assembly for the F-16 Fighting Falcon, to be produced at its Valencia, California facility, announced 27 October 2022.
HVA expanded its factory with additional staff, a new warehouse and new machinery including a Mazak milling line, almost doubling its milling capacity. The article is undated and the date shown is the article date.
Flowserve has been awarded a contract to supply vertical turbine pumps to McMillen Jacobs Associates for the West Kauai Energy Project, a renewable energy and irrigation project on Kauai, Hawaii.
Fluid Controls and Components has been awarded a $4.6 million contract from Bechtel to design and fabricate cryogenic and pressure relief valves for Mobile Launcher 2 in NASA's Artemis program.
FloWorks International LLC, a specialty flow control distribution platform backed by Clearlake Capital, acquired Flotech, Inc., a distributor and servicer of industrial valves with locations in Florida, South Carolina and Alabama. The deal was reported on October 5, 2022.
Holland Pump Company completed the acquisitions of Sander Power Equipment in Trevose, PA and Pump & Power Equipment Corp. in Jessup, MD, adding three branches for pump rental and dewatering services in the Mid-Atlantic region.
R.W. Mercer Co. and Pump & Meter Service, Inc. signed an agreement to become wholly-owned subsidiaries of a new holding company owned by their shareholders Kurt Radermacher and Andy Mercer. The companies will keep operating independently, with closing expected in Q4 2022. Both serve the petroleum and construction industries.
Boeing selected Parker Aerospace to supply its AP15V engine-driven pump for the B-52H Stratofortress hydraulic system, supporting the Air Force's Commercial Engine Replacement Program. The pump is expected to power the aircraft's hydraulic system through the 2050s.
Aerzen USA has agreed a transaction to acquire Vooner FloGard Corporation, a manufacturer of vacuum pumps and vacuum systems based in North Carolina, facilitated by Benchmark International. The article gives no deal value.
DXP Enterprises announced on September 2, 2022 its acquisition of Sullivan Environmental Technologies, a Kentucky-based manufacturer of pumps, valves and process equipment serving water and wastewater markets in Indiana, Kentucky and Ohio. Financial terms were not disclosed.
The Schenectady County Metroplex Development Authority approved a two-phase expansion of E/One's Niskayuna, New York site. Phase one is a $6 million, 27,250 sq ft manufacturing and R&D addition, and it is projected to create 30 jobs over five years.
Delavan Ag Pumps, a division of Delavan Fluid Power, plans a manufacturing facility in Elkton, Todd County, Kentucky, with a $2.3 million investment creating 30 full-time jobs. Operations are expected to start in October.
Private equity firm Hidden Harbor Capital Partners agreed to acquire Machinery Services Corp and Rapid Pump & Meter Service, Northeast US facility services providers focused on pumps, motors and water infrastructure. Financial terms were not disclosed.
Bessemer-backed Tencarva Machinery Company acquired Fischer Process Industries, a distributor of pumps, valves and process equipment headquartered in Loveland, Ohio. Financial terms were not disclosed.
Aegis Flow Technologies and Richter Pumps and Valves Inc. completed their merger on August 1, 2022, and the pumps and valves are now sold under the Richter Chemie-Technik brand from Geismar, Louisiana.
PumpMan, a pump sales and service provider, acquired Ransom Pump & Supply of Ramona, California, which will join PumpMan SoCal and PumpMan San Diego. Terms were not disclosed.
FloWorks International, backed by Clearlake Capital, acquired Flotech, a distributor and servicer of industrial valves founded in 1961 with locations in Florida, South Carolina and Alabama. No financial terms were disclosed.
Curtiss-Wright was awarded contracts worth more than $220 million by Bechtel Plant Machinery and General Dynamics Electric Boat to supply propulsion valves, pumps and instrumentation and control systems for Navy submarine and aircraft carrier programs, with work performed in New York and Pennsylvania through 2026.
Curtiss-Wright was awarded contracts worth over $220 million to supply propulsion valves, pumps and instrumentation and control systems for Virginia-class, Columbia-class and Ford-class Navy programs, via Bechtel Plant Machinery and General Dynamics Electric Boat, announced August 3, 2022.
Control Devices, a portfolio company of HMB Holdings, has acquired Sherwood Valve, a Pennsylvania-based producer of technical gas valves and flow-control components, reported on 13 January 2026.
Schlumberger's OneSubsea will supply and oversee engineering, construction and installation of a subsea multiphase boosting system for Kosmos Energy's Odd Job field in the deepwater Gulf of Mexico, with Subsea 7 handling installation.
Ferguson Industrial acquired AP Supply Co., a distributor of industrial pipe, valves and fittings headquartered in Texarkana, Arkansas, with locations in El Dorado, Arkansas and Bastrop, Louisiana.
Wilo SE officially opened its Wilo USA headquarters in Cedarburg with a 244,000-square-foot building that expands manufacturing and production, after a ribbon-cutting on June 21, 2022.
MFP Automation Engineering, a fluid power and automation company, is investing $824,013 in a 10,000-square-foot expansion of warehousing and office space at its existing facility in Jamestown Charter Township, Michigan. The expansion is expected to create five new jobs.
Flowserve was awarded a contract to supply 5,000 industrial process pumps to TMGcore, a Texas-based high-performance computing firm, for its immersion cooling units, with AGI Industries collaborating on the supply.
Ampco Pumps broke ground on a 17,000 square foot addition to its Glendale, Wisconsin manufacturing facility, including a new lab for its Applied Products division and expanded pump assembly areas.
Atlas Copco agreed to acquire National Vacuum Equipment Inc., a Traverse City, Michigan manufacturer of industrial vacuum pumps and packages for tanker trucks with about 100 employees. The price was not disclosed and closing is expected in Q3 2022.
Pike Street Capital portfolio company PumpTech acquired Frost Engineering Service Company - Northwest, a Snohomish, Washington supplier of fluid handling systems and instrumentation.
Italian pump maker Pedrollo Group has acquired a majority share of Superior Pump, the US water pump brand of Michel Sales Company in Saint Paul, Minnesota, to expand its North American presence.
Marshall Excelsior Company, a Harbour Group company, acquired Specialty Valve Group, LLC, a Houston-based exclusive U.S. distributor of Xanik specialty valves, announced 13 May 2022. Terms were not disclosed.
The Department of Defense's Southwest Regional Maintenance Center awarded a sole-source purchase order to Metrex Valve Corp. for a 4-inch 3-way electric actuated mixing valve for the AC plant on USS Montgomery (LCS-8). The contract value is $43,710.
NETZSCH Pumps North America opened a new Houston facility to assemble and test its positive displacement pumps and downhole pumps and grinders for regional oil and gas and water treatment customers. A ribbon-cutting ceremony was scheduled for May 4, 2022.
OTC Industrial Technologies has acquired ePUMPS, a pump, mechanical seal, vacuum system and compressor provider headquartered in Tulsa, Oklahoma, with 28 employees and three locations. ePUMPS joins OTC's Pump Motor Technology Group.
Gorman-Rupp agreed to acquire the assets of Fill-Rite and Sotera, a division of Tuthill Corporation, for $525 million, or about $445 million net of expected tax benefits. The deal is expected to close in the second quarter of 2022.
Hunt Valve Company completed its acquisition of Pima Valve, a Chandler, Arizona maker of severe-duty bronze marine valves, serving the U.S. Navy and industrial customers. The deal was announced on April 25, 2022.
Tark inc., a maker of pumps and cooling systems, held a ribbon cutting on April 14, 2022 for a new 50,735 square foot facility on Byers Road in Miamisburg, Ohio, moving from Washington Township. The site adds 20,000 square feet of production space and may create up to 3 new positions.
IAG M&A Advisors announced the sale of Precision Powered Products, a Houston maker of oil and gas pump products installed on over 40% of Gulf of Mexico rigs. The buyer was not named and the price was not disclosed.
Parker Aerospace in Irvine, California was selected by the Sikorsky-Boeing team to supply hydraulics and flight control components for its Defiant X entry in the US Army's Future Long-Range Assault Aircraft competition. Financial terms were not disclosed.
Parent company KSB Mining invested $44 million to expand GIW's slurry pump manufacturing plant in Grovetown, Georgia, which added a foundry expansion of 77,000 square feet and two new furnaces. A ribbon-cutting for the expanded plant was held on Wednesday, most likely 6 April 2022.
Fairbanks Morse Defense, through its subsidiary Hunt Valve, was awarded a contract worth about $2 million by Newport News Shipbuilding to supply parts for the Ford-class aircraft carriers CVN 78 to CVN 81. Deliveries are due in Q2 and Q3 2022. The company announced it on 5 April 2022.
Audax Private Equity completed a strategic growth investment in Flow Control Holdings, a Chicago-based supplier of sanitary and high-purity flow components for food, beverage and pharmaceutical producers. Financial terms were not disclosed.
Fairbanks Morse Defense, through its Hunt Valve unit, was awarded a contract of about $2 million by Newport News Shipbuilding to supply valves and actuator parts for Ford Class aircraft carriers CVN 78 to CVN 81, for delivery in Q2 and Q3 2022.
LPW Group, a Wynnchurch Capital portfolio company, announced the acquisition of El Mar Ventures and its subsidiaries and Advanced Industrial Technologies. The Houston-based combined business makes specialty valves, pneumatic actuators and gears under the Ladish, Smith, AIT and Diamond Gear brands.
IDEX Corporation signed a definitive agreement to acquire KZ Co. (KZValve), a Nebraska maker of electric valves and controllers for agriculture, expected to close in Q2 FY2022.
Hayward Tyler, Inc. was awarded a multi-million dollar contract to supply variable drive booster pumps for the ITER fusion project. The pumps will be designed, built and tested at its Colchester, Vermont facility.