ITT Inc. signed a three-year agreement to supply API-610 centrifugal pump systems, aftermarket parts and engineered services to ExxonMobil through its Goulds Pumps unit. The contract has a $50 million minimum commitment and up to $80 million potential value.
DXP Enterprises, Inc. completed the acquisition of Kappe Associates, Inc., a Frederick, Maryland distributor and manufacturers' representative of pumps, controls and process equipment for the water and wastewater industry. DXP funded the deal with balance sheet cash; the price was not disclosed.
Weidu Valve Co. won a tender for special-material control valves and high-temperature TA9 hand valves for Jiangsu Ruixiang Chemical's 1.2 million t/a high-salt wastewater recovery project and a wet oxidation unit at Jiangsu Ruihen New Material, for CNY 38,981,292.
Taiyuan Heavy Industry's Yuci Hydraulic Industry subsidiary re-tendered design services for a quality-upgrade capacity project, building a new hydraulic component R&D plant of about 13,000 square metres to produce 35,000 pump and valve units a year.
Oliver Valves was awarded a scope to supply more than 500 instrumentation valves and pipeline DBB valves, made with partner Oliver Twinsafe, for the world's largest oil production project in Iraq.
Bermo Valvulas e Equipamentos Industriais will invest R$60 million to expand its manufacturing complex in Blumenau, Santa Catarina, on the largest land plot ARI Group has acquired outside Germany. The new plant is expected to open in 2026.
Oliver Valvetek has supplied the first 15,000 psi rated trunnion dual stem sealing ball valves to ExxonMobil for the Guyana Futures field, after qualifying a valve to API 6A PR2F and API 17D standards. Previously it supplied over 3,000 10,000 psi valves for the field.
ITT Inc. signed a three-year agreement to supply API-610 centrifugal pump systems, aftermarket parts and engineered services to ExxonMobil, primarily in North America. The deal has a $50 million minimum commitment and up to $80 million potential value, the largest single contract ever for Goulds Pumps.
Crane Company has acquired Vian Enterprises, a designer and manufacturer of multi-stage lubrication pumps for aerospace and defense applications, for approximately $103 million on a cash-free, debt-free basis. Vian had about $33 million trailing 12-month sales.
A.Y. McDonald plans to expand operations at its existing manufacturing facility in Kieler, Wisconsin, as part of its wider Grant County project.
A.Y. McDonald plans a $340 million project in Grant County, Wisconsin, including a new brass foundry in Dickeyville, scheduled for production in 2026, and expansion at its Kieler plant. The project is expected to create 173 jobs over five years.
Control Devices, a portfolio company of HBM Holdings, has acquired Gilmore, which designs and manufactures severe service valves and pressure relief systems for the upstream oil and gas industry. Terms were not disclosed.
PJ Valves has completed a factory expansion in Pune, India, that increases its ball and butterfly valve manufacturing capacity by over 2.5 times and adds a paint shop and QA investments.
Brazilian valve maker Bermo, owned by German ARI-Armaturen, bought a new plot in Blumenau to expand its factory, with a planned R$60 million investment and an inauguration expected in 2026. The company also takes over sales of ARI products across Latin America.
Southern Water Services awarded Find a Tender project prj_2203 for valves and actuators to five winners, including AVK UK, Glenfield Invicta, HVL Solutions, Auma Actuators and Rotork UK. Total value was not stated and the contract runs 47 months.
Emerson is developing a manufacturing hub at King Salman Energy Park (SPARK) in Saudi Arabia, built by Saudi AMANA. The facility will produce automation products such as control valves and safety systems, with completion expected in late 2024.
Trillium Flow Technologies released a new cast valve range under its Red Point brand, covering gate, globe and check valves from six to 20 inches for oil and gas, chemical, petrochemical and mining uses.
GEA Group will invest about €5.5 million by 2026 to modernize production at its GEA AWP valve plant in Prenzlau, Germany, replacing seven older machines and adding about 20 production jobs.
GEA is investing around €5.5 million to modernise industrial refrigeration valve production at its AWP site in Prenzlau, Germany, replacing older machining centres with new CNC machines. The investment will add 20 production jobs by 2026.
Oliver Twinsafe won an order to manufacture a large number of 2-inch API 6D Class 900 double block and bleed pipeline valves for the Dammam Redevelopment onshore oil project in Saudi Arabia. The valves are in testing and will shortly enter production before shipment to sites A and B.
Rheinmetall has won an order for several hundred thousand high-voltage CWA 2000 electric coolant pumps for an unnamed electric truck customer. The order is worth a mid-two-digit million-euro range, with production starting in 2025 and deliveries through 2030.
ADL, the Moscow Oblast government and the Russian Ministry of Industry and Trade signed a special investment contract to build a fourth workshop at ADL's plant in Kolomna. The 750 million ruble project will create 80 jobs and is due by the end of 2024.
Pedrollo Group has acquired a majority stake in PM, a submersible motor maker based in Brendola (Vicenza), Italy. It is Pedrollo's fourth growth transaction since 2019.
BJRT Valve Technology Group won the butterfly valve section of Sinopec's process valve framework agreement tender, as reported in January 2024.
ZGHT Valve Technology won all orders for Saudi Aramco's water hammer pressure relief valve project, a single contract of tens of millions of dollars, after an 18-month supplier qualification process.
Fairbanks Morse Defense, an Arcline portfolio company, acquired Hunt Valve Company, a maker of naval valves and electromechanical actuators with facilities in Salem, Ohio and Montreal. Financial terms were not disclosed.
GEA began operations at a new 86,000 square-foot fabrication, repair, logistics and training facility in Janesville, Wisconsin, representing about USD 20 million of investment. The site employs over 70 people.
Denmark's AVK Group acquired a majority ownership stake in Croatia-based industrial valve manufacturer OMV-INDOIL, with the deal completed on 10 February 2021.
Oliver Twinsafe is supplying Double Block and Bleed pipeline valves and instrumentation valves for MEG injection pump systems on an offshore project, with total valves supplied exceeding 300.
Oliver Valves won a £890,000 order to supply 240 custom Double Block and Bleed valves in Alloy 625 for Modular Wellsite Packages, to be shipped over the following weeks.
Emerson signed with the Wuqing Development Area in Tianjin, China to build a production and R&D base on about 150 acres of industrial land in the area's third phase.
Aosheng Pump (Zhejiang) started construction of its high-end valve and fire pump project in Deqing County, Zhejiang, with total investment of 320 million yuan. The plant will produce 20,000 valves and 1,000 fire pumps per year; the ceremony was held on January 3, 2024.
Franklin Electric's subsidiary Headwater Companies acquired substantially all assets of LCA Pump, LLC, which operates Water Works Pump, a groundwater distributor in Springfield, MO. It will operate as a branch of Headwater Wholesale.
IMI Orton was appointed to deliver a custom 84-inch class 300 metal-to-metal triple offset butterfly valve for a Middle East chemical company's propane dehydration plant; the valve was shipped in August 2023.
PAO Penzkompressormash in Penza modernized its machine tool fleet in 2024 with an investment of about 1 billion rubles, raising productivity; the regional minister reviewed the project in August 2025.
Workdry International, parent of Selwood and Siltbuster, acquired Netherlands-based temporary pumping specialist Vanderkamp Group in the first quarter of 2024.
Oil Dynamics GmbH signed two additional five-year contracts with Romania's largest oil and gas company to supply and service more than 180 electrical submersible pumps, with service run from a new Bucharest-area subsidiary.
ITT Inc. completed its acquisition of Svanehøj Group A/S, a supplier of cryogenic and marine pumps with about 400 employees. The deal was funded by a €300 million term loan and the business joins ITT's Industrial Process segment.
Azmec and Riva Tecnoimpianti announced a partnership to offer a joint market offering of vacuum pumps and metalworking products. The article gives no specific partnership date, so the article date is used.
Flowserve India Controls was awarded a contract by IndianOil for supply of on-off butterfly valves and motor-operated valves for the Panipat Refinery in Haryana. The contract value is ₹1.81 Cr, with a 330-day work period.
GAZAB announced a new factory in the Damavand 2 industrial zone in Iran to expand manufacturing of pipe fittings, flanges and valves for oil, gas and petrochemical industries. No investment amount or timeline was given.
Trillium Flow Technologies launched integrated horizontal pump lines combining its Gabbioneta Pumps and Termomeccanica Pompe brands, following its acquisition of the Termomeccanica Pompe brand. The range includes OH2, OH3, OH5, BB1 to BB5 and VS4 designs.
Venturi Supply, a pipe, valve and fittings distributor, appointed Michael DiMino, former CEO of Tri Star Industrial, as its chief executive officer. DiMino has over 30 years of experience leading distribution companies.
Trive Capital formed Venturi Supply, a pipe, valve and fittings distributor headquartered in Phoenix, by combining six PVF distribution businesses. Venturi serves customers across 42 facilities in the U.S.
Zhejiang-based pump and valve maker Sevis Pump & Valve signed a project to build a plant producing 100,000 sets per year of ship, ultra-low temperature and marine hydrogen valves on 39 mu of new land in Haiyan Economic Development Zone, with total investment of 200 million yuan and construction starting April 2024.
LESER is expanding its production building in Hohenwestedt, Germany, which is described as the world's largest facility of its kind for safety valves. The construction project runs until 2032.
Valve maker ANKOS plans to invest 110 million rubles from 2023 to 2026 to modernize its foundry in Krasnokamsk and machining site in Lysva, Perm Krai, and to make new products for the oil and gas sector. The project is expected to create 14 new jobs.
Hubei Tongfang Gaoke Pump Co began construction on a digital, flexible smart manufacturing base in Ezhou's Gedian Economic Development Zone on 20 December 2023. The project has a total investment of about 180 million yuan and will produce liquid ring vacuum pumps and turbo compressor units.
Ningbo Changbi Hydraulic Transmission Technology has a pre-approval public notice for a smart manufacturing workshop in Fenghua District, Ningbo, producing 10,000 screw compressors and vacuum pumps per year.
Anhui Changyu Pump & Valve Manufacturing has completed the roof topping-out of its new plant in Jingxian, Anhui, a total investment of 80 million yuan on a site of about 13,000 square meters.