Ringo Válvulas is building a new valve factory in the Empresarium industrial estate, investing €11 million to double its production capacity. The plant is expected to be operational by mid-2024 and will add about 15 jobs.
Edwards plans a new dry pump factory at the STAMP park in Genesee County, New York, initially creating about 280 jobs and producing 10,000 dry pumps per year, expandable to 20,000. It is scheduled to be operational in 2025.
LESER plans to expand its Hohenwestedt, Schleswig-Holstein plant by 14,300 square meters for €41.2 million, with construction starting in February 2024. The expansion adds automated long-goods storage and new sawing machines.
The U.S. Army Corps of Engineers awarded Unico Mechanical a contract worth more than $9.1 million to refurbish two 216-inch butterfly valves at the Fort Peck Dam in Montana. Work is estimated to finish May 28, 2025.
Ampo Poyam Valves signed an exclusive worldwide licensing agreement with Clarke Valve covering manufacturing, distribution and service of zero-emissions Dilating Disk Valves. The agreement was signed on October 1, 2023 at Ampo's headquarters in Idiazabal, Spain.
ZXD Valve Control launched a new fully automated actuator assembly line at its headquarters in Wenzhou's Binhai zone, lifting annual pneumatic actuator capacity by 40%. The 1,200 square meter facility was inaugurated on October 26, 2023 in a multi-million-dollar investment.
Security Printing & Minting Corporation of India's Narmadapuram paper mill awarded a contract to Flux Pumps India Private Limited of Pune for a hydro jet pump, valued at INR 364,320, with the award dated January 25, 2024.
Hangzhou Feixeer Technology won a tender worth RMB 4,858,000 to supply pneumatic control valves and related services for plant buildings and a wastewater tank farm of Liaoning Youchuang Plant Protection's project in Huludao.
IKM Gruppen signed an agreement to buy 100% of the shares of Flux Holding AS, a Norwegian supplier of umbilicals, valves, hoses and couplings for the energy sector. Flux has about 61 employees and sites in Stavanger, Bergen and Porsgrunn. The price was not disclosed.
CEME Group announced the acquisition of Micropump, a US pump maker headquartered in Vancouver, Washington, to expand its fluid control offering. The announcement was dated 2023-10-19 and no price was given.
Novgorod group Powerz is completing a 120 million ruble investment project to produce large-diameter three-eccentric valves, with a workshop due by spring 2024 and up to 40 new jobs. The news was reported on 2023-10-19.
Dan Daniel, a KKR Executive Advisor and former Danaher executive, becomes Chair of CIRCOR International as the KKR transaction closes. The change was announced on 2023-10-18.
Investment affiliates of KKR completed their acquisition of CIRCOR International at $56.00 per share, and CIRCOR stock stopped trading on the NYSE. The completion was announced on 2023-10-18.
Exe (Qidong) Fluid Technology received land and began construction on a 500 million yuan project in Qidong's high-tech zone to produce 200,000 intelligent control valves per year.
Score Group was awarded a new valve management contract by INEOS FPS covering valve supply, repair, offshore and on-site services, inventory management and engineering support for the Forties Pipeline System and associated assets.
Japan's Torishima Pump Mfg and UK sealing company AES Engineering formed a joint venture, AESSEAL-Torishima Japan, based in Osaka to supply and service AES seal products in Japan.
Sulzer expanded its flow equipment and centrifugal pump plant in Riyadh, adding an assembly and packaging area, warehouse, and office space. The facility now covers 13,127 square metres and employs 215 people.
Oilfield equipment maker GulfTek inaugurated a new manufacturing plant in Dammam, Saudi Arabia, under Saudi Aramco's IKTVA program, with USD 20 million committed and a further USD 30 million planned over five years. The site adds 23,000 square metres, bringing production area to about 45,000 square metres.
France's Ministry of Economy blocked Flowserve's acquisition of Canadian valve maker Velan under its foreign direct investment review. Flowserve plans to terminate the arrangement agreement after the 7 October 2023 outside date.
Viega will build a new manufacturing facility in Shalersville, Ohio, about 40 miles southeast of Cleveland, to make its ProPress and MegaPress metal pipe fittings and valves. The investment is approximately $200 million.
Shakti Pumps secured a Rs 149.71 crore order from Ajmer Vidyut Vitran Nigam Limited under component C of India's PM-KUSUM scheme to replace electric pump sets with BLDC solar pump sets. It is the first commercial order under that component.
Following the closing of its acquisition by Bain Capital, Harrington Process Solutions appointed Chief Operating Officer Bob Graham as Chief Executive Officer, while former CEO Dave Abercrombie became Vice Chairman.
Bain Capital Private Equity has closed its acquisition of Harrington Process Solutions, a specialty distributor of industrial flow control process solutions based in Chino, California. The deal was announced as completed on October 5, 2023.
Tecma inaugurated its 41st plant, a maquiladora of over 250,000 square feet in Ciudad Juárez with more than 200 employees, focused on manufacturing precision pneumatic valves.
The valve project plans a second and third phase, including reconstruction of an empty old building and tripling the floor area of the new building.
The NBM group opened a plant in Veliky Novgorod through its subsidiary T-ARM LLC to produce pipeline valves for the oil, chemical and gas industries. The first stage cost 400 million rubles and plans for up to 100 new jobs.
AMPO POYAM VALVES and CLARKE VALVE signed an exclusive worldwide licensing agreement covering manufacture, distribution and service of the Dilating Disk Valve, signed October 1, 2023 in Idiazabal, Spain.
ValTek LLC expanded its Odessa, Texas facility across four buildings, adding more than 16 machine tools to double parts manufacturing capacity and cut pump test turnaround times in half. The expansion was reported on October 1, 2023.
PumpMan acquired Flo-Systems, Inc., a family-owned water and wastewater pump service firm serving the St. Louis metro and Southern Illinois, to expand its coverage.
Shanghai-based MT Group signed an agreement with Abu Dhabi Department of Economic Development to build an API valve facility in ALMARKAZ, Waha Land Industrial Zone, Abu Dhabi. The first phase of 30,000 valves per year is due by end 2023, rising to 150,000 valves by 2028 with over 200 jobs.
IWB Industrielle Werke Basel awarded a valve and fitting supply tender for gas and water to Indufer AG, Hawle Armaturen AG and Wohlgroth AG, with total awarded value of CHF 614,348 (EUR 634,985).
Odessa Pumps, a DNOW subsidiary, entered an exclusive partnership with EagleBurgmann to offer its mechanical seals and supply systems in Texas, New Mexico and parts of Arkansas and Louisiana.
NIBCO announced it completed the acquisition of Matco-Norca, a maker of valves and water heater isolation kits. The deal was reported on 23 September 2023.
Göteborg Energi awarded Xylem Water Solutions Sweden the contract for Utbyte AS 1 pumps and accessory equipment, valued at 40,000,000 SEK, with the agreement running from November 2024 to September 2027.
Ford Meter Box announced plans to expand and modernize its existing foundry operations in Wabash, Indiana, including a new 300,000-square-foot foundry in the same city to increase production capacity.
Rheinmetall received two first-ever orders from a major international truckmaker for electronic coolant control valves for fuel cell trucks, with an aggregate value in the mid-two-digit million-euro range; first deliveries are due in 2024 and full-scale production in 2028.
McElroy Manufacturing, a maker of thermoplastic fusion equipment, announced a strategic partnership with Lawrence, Massachusetts-based thermoplastic valve and pipe maker Asahi/America, providing a tool fleet for butt and socket fusion of pipe up to 630 mm plus an online welding certification system expected in early 2024.
Machinery Services Co. and Rapid Pump & Meter Service Co., a Hidden Harbor Capital Partners portfolio company, acquired Delta-Electro Power, which provides maintenance and electrical services for motors and pumps. The deal expands Rapid Pump into Rhode Island and Massachusetts.
Aci-Somagep, a subsidiary of French group Parlym, acquired 100% of Colves Fluid Control and its China-based subsidiary Jiangsu Colves Fluid Control from Trouvay & Cauvin Holding Group. The deal covers industrial valves and integrated systems for oil and gas, petrochemical and water treatment uses.
Danish gas equipment specialist Svanehøj will supply the cargo pump system for the third Northern Lights LCO2 carrier, built at Dalian Shipbuilding Offshore in China. The two deepwell CO2 cargo pumps of 15 metres per ship support Northern Lights' CO2 shipping in Norway.
Finish Thompson acquired Penguin Pumps, parent of Filter Pump Industries, a 24-person southern California maker of corrosion-resistant pumps, mixers and filter systems. Penguin Pumps will operate as an independent subsidiary.
Shanghai Yuxuan Pump & Valve won the valve section of the coal-to-olefins upgrade demonstration project of Guoneng Baotou Coal Chemical in Inner Mongolia, supplying ball, globe, gate, safety and control valves with a 30-day production cycle. The project raises methanol capacity from 1.8 to 3.8 million tonnes per year and methanol-to-olefins capacity from 0.6 to 1.3 million tonnes per year.
Hangzhou Jinshan Instrument Valve began construction of its second-phase project in the Fuchun Bay New City of Hangzhou, planned at CNY 120 million total investment. It will produce about 10,000 sets of special-condition control valves per year, with completion expected by end of next year.
Taiwei'er Valve's valve and control valve production line expansion in Zigong's high-tech industrial park began trial production in July 2023, with full operation planned for October 2023. The CNY 80 million project adds capacity of 154,000 units per year.
Samson Controls Pvt. Ltd. began construction of a substantial new unit within its existing Ranjangaon facility near Pune, India, in response to growing demand, at a groundbreaking ceremony attended by Samson AG executives.
Sellafield Limited awarded Induchem UK a contract worth £1,413,544 for three XOMOX cartridge valves, with the award notice published on September 8, 2023.
SAMSON AG received final approval for its new factory at the Offenbach Innovation Campus, with construction started in August 2023 and completion scheduled by 2026. Production of electronic positioners is planned from October 2024.
Valmet will deliver critical valves, valve automation and the Valmet DNA system to Keliber Oy's lithium refinery in Kokkola, Finland, with production ramp-up planned for the second half of 2025. The order was included in Valmet's Q3 2023 orders received.
SubC Partner acquired the Esbjerg division of SH Group, taking over employees, resources and capacity in valve and hydraulic services. The deal was announced on September 6, 2023, and SH Group will still use SubC Partner's Esbjerg presence.
The Vergnet Hydro and ECM consortium was commissioned by the Togolese Ministry of Water to supply and install 380 manual pumps serving over 150,000 residents in the Savanes and Kara regions. The contract is worth 853 million CFA francs (about 1.3 million euros). It is funded by the French Development Agency under the PASSCO 3 project.