Flowserve completed its acquisition of MOGAS Industries on October 15, 2025, adding severe-service isolation valves for mining, minerals, energy and processing industries. The article was published October 20, 2025.

Flowserve signed a definitive agreement to acquire privately held MOGAS Industries, a Houston-based maker of severe service valves, for $290 million plus a potential $15 million earnout. Closing is expected in Q4 2024.

Turnspire Capital Partners has acquired Swanson Industries, a Morgantown, West Virginia maker of hydraulic equipment for mining and industrial use, from AEA Investors. The deal also includes Swanson's controlling stake in Tiefenbach North America. No deal value was disclosed.

US pump rental and dewatering provider Holland Pump Company completed its acquisition of Florida Dewatering, based in Tampa, Florida, in Q2 2024.

Taco Hydroflo Pump Solutions opened a manufacturing facility in Lubbock, Texas, adding 38 jobs and $1,875,000 of capital investment, with expanded pump test pit improvements.

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.

GIW Minerals, formerly Georgia Iron Works, is opening a 70,000-square-foot, $44 million expansion at its Grovetown, Georgia campus that is expected to add more than 100 jobs and triple production capacity. The grand opening is scheduled for April 6, 2022.

ABB was selected by ioneer for a significant automation engineering and equipment contract at the Rhyolite Ridge lithium-boron project in Nevada, covering process automation, power management and electrical distribution. Financial terms were not disclosed.

Lufkin Industries completed its acquisition of Schlumberger's North American Land Rod Lift Business, a provider of rod lift products and services with brands including Don-Nan and Shores Lift Solutions.

Caterpillar signed an agreement to acquire the Oil & Gas division of Scotland-based Weir Group for $405 million in cash, pending shareholder and regulatory approval. The division is headquartered in Fort Worth, Texas.

MOGAS Industries has completed the acquisition of assets of Watson Valve, a Houston-based maker of severe service valves that also offers repair and coating services. Watson has a global install base of over 3,400 valves, mainly in mining.

Weir Minerals completed moving Delta Industrial valve manufacturing into its St Louis, Missouri facility, adding 5,000 sq ft of manufacturing space, 15,000 sq ft of warehouse space and extra shifts and staff.

The Weir Group has completed its acquisition of ESCO Corporation, effective July 12, 2018. The deal was announced in April 2018 at an estimated enterprise value of just under $1.3 billion, and ESCO will operate as a new Weir division.

Boyne Capital, a Florida private equity firm, partnered with management to acquire A.S.A.P. Industries Manufacturing, a Houma, Louisiana maker of high-pressure flow control products for the oil and gas industry. Terms were not disclosed.

SPX FLOW launched its first North American multibrand service center in Corpus Christi, Texas, offering rental and sales of controlled bolting, repair of pumps, mixers and valves, and OEM spare parts.

Dana Incorporated debuted off-highway drivetrain and power-transmission offerings at CONEXPO-CON/AGG in Las Vegas, including a complete drive system for 55- to 110-ton cranes and new Brevini construction solutions.