LESER India laid the foundation stone in July 2024 for a 5.5 million euro expansion of its safety valve factory in Paithan, Aurangabad. The modernized facility adds segmentation, automation and separate machinery and assembly areas.
OPW, a Dover Corporation company, acquired MEC and its subsidiary Xanik in July 2024, placing Xanik in OPW Fluid Transfer Solutions' Chemical and Industrial Equipment unit. Xanik, based in Mexico City, has now launched a new logo to reflect its integration.
Rexa Inc, a maker of electronic components and industrial valves, plans a $33 million project including a 110,000 sq ft building on West Grove Street in Middleboro, relocating from West Bridgewater and creating 25 new jobs. The plan was presented to the select board on 1 July 2024.
Dawn Group held a groundbreaking on July 1, 2024 for a high-end stainless steel pump and valve intelligent manufacturing project in Longkou, run by its joint venture Dawn Precision Intelligent Company. The planned investment is CNY 522 million and the project is due to reach full capacity by January 2026.
Daowen Group and Yantai Longgang Pump held a groundbreaking ceremony on 1 July 2024 for a stainless steel pump and valve intelligent manufacturing project in Longkou. The project has a planned investment of CNY 522 million and is expected to produce 27,000 tons of stainless steel castings a year.
Framatome and TechnicAtome announced the acquisition of Daher Valves from the Daher Group in France. The company, which makes valves for nuclear and defence applications, has reverted to its historic name Vanatome.
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.
WIKA has begun manufacturing a new line of valves at its Iperó unit in São Paulo state, Brazil, for oil and gas, petrochemical, food, pharmaceutical and sanitation markets, with capacity of about 20,000 units per year, also exporting to Latin America.
Viega is building a $200 million, 180,000 square foot manufacturing facility in Shalersville, Ohio, about 40 miles southeast of Cleveland, expected to be operational in early 2025. The plant will expand its North American production.
Hayward Gordon ULC and EBARA Pumps Canada Corporation amalgamated to form EBARA HG ULC, and Scott Turbon Mixer Inc. was renamed EBARA Mixers Inc., effective June 30, 2024. The changes are based in Halton Hills, Ontario.
Impel Company, backed by Pike Street Capital, acquired Don Pedro Pump, a family-run fluid management and pump provider in Turlock, California. The deal was announced on 27 June 2024.
Rheinmetall received a major order for several million electric coolant pumps from an unnamed international car manufacturer, worth a low three-digit million euro amount. Production started and runs until 2030, with a service contract until 2045.
NETZSCH Pumps & Systems is expanding in Western Canada with a new 11,500 sq ft assembly, sales and service facility in Calgary, Alberta. The site is meant to serve the energy sector and other industries closer to customers.
Missouri-based Continental Pump and Tennessee-based Integrity Pump & Motor formed a strategic partnership, creating Compass Group's new pump manufacturing platform. The announcement was made on June 25, 2024.
National Petroleum Construction Company (NPCC) placed another order with Amarinth for three API 610 OH2 drain pumps with associated equipment for ADNOC's Lower Zakum facility in the UAE, part of the Main Gas Pipeline project.
Taco Inc. opened a new manufacturing plant in Boršov, Czech Republic, producing circulators and heat interface units, with a European distribution center. The plant expands Taco's Central European capacity alongside sites in Velešín and Garbe Park.
On June 19, 2024 Valmet announced it will deliver critical valve solutions to Hycamite's new Customer Sample Facility in Kokkola, Finland, a methane-splitting hydrogen plant expected to start operations in the second half of 2024.
Lime Rock Partners, together with CEO Gideon Hixon and the A&B management team, announced on June 19, 2024 the management buyout of A&B Valve, a Houston-headquartered valve distributor, installer and actuation provider serving the Permian Basin from Midland, Texas and Carlsbad, New Mexico. The purchase price was not disclosed.
HVAC equipment distributor JMP will consolidate its Greensboro operations into a new facility in Guilford County, North Carolina, investing $30 million and creating 40 jobs over five years.
Celeros Flow Technology won a contract from ADNOC to supply two high-pressure supercritical CO2 injection packages using ClydeUnion BB5 pumps for the carbon capture and storage project at the Habshan gas plant in Abu Dhabi.
Changzhou Power Station Auxiliary Equipment Co. broke ground on a 50,000-set-per-year high-end valve control system plant on a 79-mu site in the Wujin National High-tech Zone, Changzhou, at a ceremony on June 13, 2024.
Asco Pompe acquired the majority of shares in Mencarelli Pompe e Valvole of Bresso, near Milan, to broaden its fluid handling product portfolio. Guido Mencarelli stays as chairman and retains part of the shares.
Momentum Group, through subsidiary Börjesson Pipe Systems, signed an agreement to acquire 100 percent of Minrox AB, a Swedish specialist in flow technology for abrasive industrial processes. Minrox has about SEK 34 million turnover and operates from Huddinge and Motala. No deal value was disclosed.
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.
Italian pump maker Mencarelli Pompe e Valvole has become part of the ASCO group, aiming for production and commercial synergies. Guido Mencarelli remains chairman, and the two companies will exhibit together at Achema in June 2024.
INDUS Holding AG closed its acquisition of COLSON X-Cel, a medium-sized maker of industrial valves based in Rotherham, South Yorkshire, on 5 June 2024. COLSON becomes wholly owned by the INDUS Group.
MT Group inaugurated its first overseas manufacturing center, a valve factory covering 6,000 square meters in Abu Dhabi's AL MARKAZ industrial zone, to localize production and serve Middle East and North Africa customers.
Sealmatic India Ltd won an order worth Rs 15 crore from Kirloskar Ebara Pumps for 247 mechanical seals and 187 API 682 plans for the Mongol Refinery near Ulaanbaatar. The refinery is a government-to-government project with Engineers India Ltd involved.
Senior plc's French unit Senior Aerospace Ermeto opened a 1600m² production facility in Fossé, France, increasing Ermeto's manufacturing capacity by 25%. The plant makes industrial valves and high-pressure hydraulic fittings for aerospace and industrial customers.
JSC GMS Livgidromash plans to invest RUB 8 billion in a new production complex in the Oryol Region to make medium-capacity pumps for refining, petrochemical, oil and gas, and energy industries. The investment agreement was signed ahead of the St. Petersburg forum, with full capacity expected in 2026.
Interpump Group acquired 100% of the capital of Italian valve maker Alfa Valvole Srl from U.S.-based IDEX Corporation for a total price of EUR55 million. Alfa Valvole generated about EUR28 million in sales in 2023. The deal was announced on 2024-06-03.
Ampo Poyam Valves is designing and supplying around 1,500 cryogenic and non-cryogenic valves, including sizes up to 38 inches, for Woodside's Pluto LNG Train 2 near Karratha, Western Australia. Bechtel is the EPC contractor. The train will have an LNG capacity of 5 million tonnes per annum. No contract value was disclosed.
Jiangheng Valve won a contract to supply valves for the storage, transport, power, gas, ethylene glycol and split-utilization engineering project of Shaanxi Coal Group's Yulin Chemical Co. in Yulin, Shaanxi, China. The announcement was made on 2024-06-03. No contract value was disclosed.
Ingersoll Rand acquired Del PD Pumps & Gear Pvt Ltd of India, a maker of rotary, twin and triple gear pumps, as part of a combined roughly $150 million deal for four companies.
Bürkert Fluid Control Systems officially commissioned a new 6,000 square metre building with an automated small-parts warehouse in Öhringen, part of a 20 million euro investment. The buildings have been ready for use since June 2024.
Oliver Valves secured a GBP 890,000 order to supply Double Block and Bleed valves in Alloy 625 for Modular Wellsite Packages. It will manufacture 240 custom valves for shipment over the coming weeks.
Jiang Heng Valve won a valve procurement contract worth 1.435175 million yuan for projects at Shaanxi Coal Group's Yulin Chemical plant.
Jiang Heng Valve won a valve procurement contract worth 1.435175 million yuan for storage, power, gas, ethylene glycol and waste utilization projects at Shaanxi Coal Group's Yulin Chemical plant.
Hubei Energy Group Jiangling Power Generation published candidate bidders for butterfly valves and transmission joints for the circulating water system of its Jiangling power plant phase II expansion. Xiamen Furite Fluid Control ranked first with a bid of 3.63 million yuan.
Triton portfolio company Techouse Group AS has signed an agreement to acquire Eureka Group AS, an Oslo-based maker of water pumps and gensets for offshore installations. The Eureka brand will remain as a separate subsidiary.
AMPO Poyam Valves is designing and supplying around 1,500 cryogenic and non-cryogenic valves, including valves up to 38 inches, for the second LNG train at Woodside's Pluto LNG facility near Karratha, Western Australia.
Watson-Marlow Fluid Technology Solutions opened its North American headquarters and first US manufacturing facility in Devens, Massachusetts, a 150,000 square foot site expected to create about 150 jobs.
Intervalve Poonawalla Ltd launched a new valve plant in Hadapsar, Pune, with installed capacity of about 10,000 valves per month, producing large ball valves, gate, globe and check valves, and scotch yoke actuators.
Acme Cryogenics, part of OPW Clean Energy Solutions and Dover, added 6-inch and 8-inch valves to its Model CV product line for hydrogen handling and vacuum-jacketed piping.
Larsen & Toubro's subsidiary L&T Valves established a new manufacturing unit in Al Jubail, Saudi Arabia, to boost local production of on-off valves and serve the Middle East and Africa. The announcement was made on Thursday, 16 May 2024.
Kirloskar Ebara Pumps (KEPL) supplied 16 crude handling pump packages across four pumping stations for the Paradip-Numaligarh Crude Oil Pipeline project, linked to Numaligarh Refinery's capacity expansion from 3.0 to 9.0 MMTPA. The announcement was made on 16 May 2024.
Curtiss-Wright was awarded contracts valued above $130 million by Bechtel Plant Machinery to supply propulsion valves, pumps and instrumentation and control systems for Virginia-class, Columbia-class and Ford-class Navy programs, with work running through 2029.
Curtiss-Wright was awarded contracts valued in excess of $130 million by Bechtel Plant Machinery to supply propulsion valves, pumps and instrumentation and control systems for Virginia-class, Columbia-class and Ford-class programs, with work running through 2029.
ANDRITZ has completed the acquisition of the NAF AB control valves business, adding NAF valves to its Intelligent Instruments portfolio for process control in pulp and paper and other process plants.
Dalian Roy Pump won the contract to supply equipment for the 700,000-tonne/year pyrolysis gasoline hydrogenation complex at North Huajin United Petrochemical's Fine Chemicals and Feedstock Project in China.