Busch Vacuum Solutions Africa launched its new Busch Pfeiffer Vacuum head office in Johannesburg, equipped with a service centre, Class 10,000 clean room, flow-testing and training facilities.
German vacuum pump maker Busch Vacuum Solutions has closed its acquisition of Pfeiffer Vacuum, adding high and ultra-high vacuum pumps and leak detection services. The deal was reported on March 22, 2024, and the exact closing date and value were not given.
Grundfos opened its advanced manufacturing plant in Changshu, Jiangsu Province, China, on March 21, 2024. The roughly $100 million, 35,000 square meter facility began production three months before the official launch.
AMPO Poyam Valves supplied around 660 cryogenic valves for Fluxys LNG's Z3 capacity increase at Zeebrugge LNG in Belgium and is providing a year-long field engineering services contract. The project will raise regasification capacity to 6 mtpa.
Frost Engineering and Alaska Roteq officially merged with PumpTech under the Impel family of companies, as announced on March 20, 2024. Frost makes engineered valves and measurement devices, and Alaska Roteq provides precision machining, fabrication and equipment supply.
Taiyuan Heavy Industry's Yuci hydraulic subsidiary is adding engineering-machinery pump, valve and oil-pump production lines to existing plants in Yuci District, Jinzhong, Shanxi, with 181.25 million yuan of investment. The project targets annual output of 655,000 pump and valve units and 1 billion yuan in sales, with construction planned for 2024 Q2 to 2025 Q4.
ITT Inc. signed a three-year agreement to supply API-610 centrifugal pump systems, aftermarket parts and engineered services to ExxonMobil, mainly for North American operations. The contract has a US$50 million minimum commitment and up to US$80 million in potential revenue.
KSB received a letter of award worth Rs 63.22 crore from the Maharashtra Energy Development Agency under Component B of the PM-Kusum III scheme. The scope covers design, supply and commissioning of 2,500 off-grid solar photovoltaic water pumping systems, with supply expected from Q2 2024.
Geiger Pump & Equipment Company, a Mid-Atlantic and New England pump distributor, announced it is joining forces with Midwest distributor Crane Engineering in a combination covering pumps, valves and process lines. The announcement is dated March 15, 2024.
A groundbreaking ceremony was held for Bipu Perolo Jiangsu Engineering Technology's high-end valve project in Rudong Economic Development Zone, Jiangsu, on a 36.2-acre site with 29,390 sqm of plant space, targeting 60,000 pieces of stainless steel valves annually.
Swiss company Sulzer started up a new vertical hydraulic pump factory with a US$7.1 million investment, extending its 40-year-old plant in Cuautitlán Izcalli, State of Mexico. Output will serve power generation and hydrocarbon operations.
HANSEN signed a framework agreement on March 12, 2024 with the Nantong High-tech Zone government in Jiangsu to set up a manufacturing plant. The plant is in fitting-out, with production and shipments expected in the third quarter of 2024, starting with 52 bar valves for refrigeration.
Valve maker Invincible Valves has developed a new machine shop and rubber lining facility in a newly acquired factory in Knights, Germiston, to make valve components previously sourced from third parties.
Dynamic Fluid Components, a fluid power distributor, plans a $4.8 million expansion including a 25,000-square-foot distribution facility at 181 Misty Drive in West Union, creating ten jobs, with operations due in Q2 2025.
Rheinmetall won a new order from one of the world's largest automakers to supply several million electric oil pumps, worth a lower three-digit million-euro amount, with production running from February 2025 to December 2030.
Crane Engineering, a portfolio company of AEA Investors, has acquired Geiger Pump and Equipment, a Mid-Atlantic distributor of industrial and municipal pump and process equipment. Crane is headquartered in Kimberly, Wisconsin.
Farpro Yuanda Valve is building a 50,000-ton-per-year precision valve plant in Longyao County on a 333,000 square meter site, with total investment of 1.24 billion yuan. The first phase is complete, with full completion expected by June and full production by year end.
South African valve maker Paltech was appointed official distributor for Swedish valve manufacturer Meson Group in South Africa and select African countries, expanding its maritime valve offering.
Deleum Berhad signed a heads of agreement to acquire a 70% stake in OSA Industries Indonesia, a West Java valve repair and supply company, for US$7 million, valuing the target at US$10 million. Due diligence and definitive agreements are still pending.
AVS-Yhtiöt Oy and its owners sold AVS-Power Oy, a Finnish technical wholesaler and manufacturer of pneumatics, industrial valves and compressors, to Beijer Oy, a subsidiary of Beijer Alma AB. The deal was advised by Avance Attorneys and reported on March 4, 2024.
CNOOC's Hainan branch awarded lot one of the ball valve procurement for the compressor module expansion of the Dongfang 13-2 CEPB platform to Tejie Valve Group for CNY 4,307,279.76 including VAT. The award was announced on March 4, 2024.
Oatey's affiliate has acquired Aktibolaget Durgo, a Stockholm-based manufacturer of air admittance and pressure regulating valves, to expand in European and Asian plumbing markets. The announcement was made on March 4, 2024.
NETZSCH do Brasil inaugurated a new R$100 million manufacturing plant in Pomerode, Santa Catarina, to produce NOTOS spindle pumps for global markets. The plant had been under construction since 2021 and employs 70, with a target of 100 jobs by year end.
American Event Services closed its acquisition of Riverview, Florida-based Canariis Corporation, a maker of packaged HVAC, plumbing and fire-protection systems. Canariis becomes a wholly owned subsidiary of AES.
Oaktree Capital Management funds agreed to acquire LPW Group Holdings, a designer and manufacturer of valves, actuators, fittings and flanges for chemical and energy markets. Terms were not disclosed.
Beijer Tech, a subsidiary of Beijer Alma, signed an agreement on February 29, 2024 to acquire 100% of AVS Power Oy, a Finnish technical wholesaler and manufacturer of pneumatics, industrial valves and compressors based in Espoo. Closing is expected in the first quarter of 2024.
FloWorks, a portfolio company of Wynnchurch Capital, initiated the add-on acquisition of AWC Process Solutions, a Western Canadian manufacturer's representative and distributor of pumps, compressors, valves and control equipment. The announcement was made on February 28, 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.
Siekmann Econosto is supplying around 10,000 special valves for a 2 GW alkaline water electrolysis hydrogen plant under construction in NEOM, Saudi Arabia, with deliveries in lots from November 2022 to July 2024.
Oliver Valves secured a £890,000 order to manufacture 240 custom Double Block and Bleed valves in Alloy 625 for modular wellsite packages, to be shipped over the coming weeks. The order was reported on 27 February 2024.
John Crane, a business of Smiths Group, won a contract to supply wet seals for almost a hundred pumps to an electric battery manufacturing facility in Tennessee, USA. The announcement was made on 27 February 2024.
AxFlow Group and Atlas Copco Industrial Vacuum announced a strategic cooperation to serve Europe's processing industries, aiming to strengthen their positions in the Nordic markets and expand their combined offering.
Yuanda Valve Group is building a 50,000-ton-per-year precision valve processing project in Longyao County, Hebei, China, with total investment of 1.24 billion yuan; the first phase is due for production by year-end 2024.
Danfoss Power Solutions launched its combined Integrated Circuit Solutions portfolio of cartridge valves and hydraulic integrated circuits from multiple legacy brands. The portfolio is made in Easley, Haiyan, Warwick, Reggio Emilia and Reynosa.
Bürkert broke ground on a new production and warehouse hall at its Öhringen, Germany plant, adding 5,800 square metres of floor space. The expansion includes an automated small-parts warehouse and increases production capacity.
Air compressor maker Elgi Equipments entered a partnership with Italy-based D.V.P. Vacuum Technology to manufacture, assemble, test and sell DVP vacuum pumps in India under the Elgi brand.
KITZ SCT plans to add a production building at its KITZ Corporation of Vietnam site in Tang Long III industrial park, Vinh Phuc, making high-purity gas diaphragm valves for semiconductor equipment, with operation planned for November 2025 and an investment of ¥4.5 billion.
The Australian Department of Defence awarded EBSRAY PUMPS PTY LTD a contract to supply valve balls, valued at about $10,890, in New South Wales. The contract was awarded on February 15, 2024 with a two-month term.
NETZSCH Pumps & Systems is building a new production plant at its Brazilian manufacturing site that will take over global production of NOTOS multiple screw pumps.
KITZ Corporation will establish a new factory building at its subsidiary KITZ Corporation of Vietnam in Tang Long III Industrial Park, Vinh Phuc Province, for high-purity gas diaphragm valves for semiconductor equipment, with an investment of 4.5 billion yen and operations starting November 2025.
Viega will build a new manufacturing facility in Mantua, Ohio, for its ProPress and MegaPress metal pipe fittings, an investment of about $200 million, with production scheduled for early 2025 and over 68 new jobs.
Pump maker KSB is supplying 300 centrifugal pumps worth about €13 million to BASF for its new Verbund site in Zhanjiang, Guangdong, China, with 19 units already shipped since December 2023.
Core & Main entered into a definitive agreement to acquire Dana Kepner Company LLC and associated entities, announced 9 February 2024.
Taiyuan Heavy Industry's Yuci Hydraulic unit plans a new hydraulic component R&D workshop in Yuci District, Jinzhong, Shanxi, with capacity of 35,000 pump and valve units per year. Investment is 52 million yuan, with construction planned for 2024 to 2025.
Simflo has named Troy Pickering as CEO, Woody Boyd as president and CFO, and Jay Tando as COO.
Simflo has opened a 35,000-square-foot engineered products facility in Lubbock, Texas, as announced on February 8, 2024.
Oliver Valves is manufacturing Class 1500 12-inch double block and bleed pipeline valves for Qatar's North Field Production Sustainability project, which feeds the North Field gas field.
AxFlow, the fluid handling business group of Axel Johnson International, announced a strategic partnership with Atlas Copco Industrial Vacuum to strengthen market positions in the Nordic region and expand across Europe.
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.
Cooper Machinery Services, a portfolio company of Arcline Investment Management, announced on February 5, 2024 that it acquired Tucker Valve Seat Company, a Odessa, Texas maker of industrial alloy valve seats founded in 1957.