Japanese pump maker Tsurumi became majority shareholder of British distributor Obart in Maidstone, Kent, which now trades as Tsurumi Pumps UK from 1 September 2023. The move gives Tsurumi six sales companies in Europe.

Emerson is building a 30,000-square-metre manufacturing facility at the King Salman Energy Park (Spark) in Saudi Arabia as part of its localisation efforts. The company already operates valve plants in Jubail, Dammam and Dhahran.

Flowserve and Velan extended the outside date of their February 2023 arrangement agreement by 30 days to October 7, 2023, because regulatory approvals were not yet all obtained.

New York City Environmental Protection awarded Fleet Pump & Service Group a sole-source supply contract worth $2,516,950 for Flygt pumps, control systems and parts for citywide wastewater facilities.

PSG recently completed an $11 million expansion at its Grand Rapids plant, adding 56,000 square feet of manufacturing, office and R&D space.

Private equity firm KKR is set to acquire Circor International, a global pump-and-valve manufacturer, for about $1.7 billion or $56 per share, after outbidding a rival offer from Arcline. The deal is expected to close in Q4 2023, pending regulatory approvals.

Rheinmetall's Hydrogen Products and Technology unit won an order worth a figure in the lower two-digit million-euro range from a European fuel cell specialist for heavy transport. Series production at its Berlin plant is set to run from 2026 to 2030.

Saudi Arabian Gas Arabian Services Company (GAS) signed an agreement with India's Tubefit Engineers to set up Tubefit Arabia Factory, a valve and instrumentation fittings joint venture in Saudi Arabia. Tubefit Engineers will hold 53% and GAS 47%, with an investment of $1.33 million.

KSB SAS invested €13.5 million in its Sequedin production site near Lille to decarbonise operations, aiming to cut emissions from 815 to 15 tCO2eq per year by 2027. The plant employs 150 people.

AxFlow Norway Group acquired VA-Prosjekt Midt-Norge AS, a Trondheim supplier of pump stations and elevated reservoirs with 2021 revenue of NOK 77 million. The company continues as a separate subsidiary in the same premises.

Flexaseal Engineered Seals and Systems acquired Sound Seal and Packing of Edmonds, Washington, gaining its ViseSeal product and a Pacific Northwest presence. Deal value was not disclosed.

Bessemer-backed Tencarva Machinery Company acquired Fischer Process Industries, a distributor of pumps, valves and process equipment headquartered in Loveland, Ohio. Financial terms were not disclosed.

Atlas Copco agreed to acquire Sykes Group Pty Ltd from Seven Group Holdings, a manufacturer of dewatering pumps based in Newcastle, New South Wales. The price was not disclosed and closing is expected in Q4 2023.

Qinhuangdao Zhongqing Metallurgical Valve Co. is finishing its Zhongqing industrial park in Lulong county, with a total investment of RMB 455 million, capacity of 40,000 tons of valves a year and expected output value of RMB 1 billion. Offices are due to be finished in late September and production lines in October 2023.

Wärtsilä Gas Solutions awarded Skarpenord a contract worth slightly over NOK 10 million to supply valve control systems for eight LNG-powered container ships being built in Asia, with deliveries from Q4 2023 to Q2 2025.

Rotork has acquired Hanbay, a Montreal, Canada-based designer of flow control solutions. The acquisition is reported in an industry news roundup dated August 17, 2023.

Shanghai Frethy Valve Co. completed land registration for a project in Anren Town, Longquan, to build a 10,000-ton valve casting and 500,000-unit smart control device production line, with a total investment of RMB 121 million. The project is due to start construction within the year and reach full capacity in 2025.

Clow Valve, part of McWane Inc., began construction to expand its Oskaloosa, Iowa iron foundry with a $75 million investment adding 36,000 square feet. The project replaces manufacturing equipment up to 45 years old and is expected to nearly double production output.

Voigt-Abernathy Sales Corporation completed the asset purchase of Texas Process Equipment Company, a Houston-headquartered distributor of pumps and process equipment serving Texas and Oklahoma.

Wilo Group opened a new high-tech production plant in Kesurdi, India, to manufacture pump systems for India, the Middle East, Africa and South-east Asia, creating around 1,500 direct and indirect jobs.

Samsung Heavy Industries and Hyundai Heavy Industries contracted Svanehøj to supply cargo, fuel and spray pumps for four additional very large ethane carriers, in a order worth more than US$7.5 million.

A.Y. McDonald broke ground on a new brass foundry in Dickeyville, Wisconsin, expected to employ about 150 workers at initial capacity and be fully operational by summer 2026. The cost was described as nine figures but not disclosed.

Relevant Industrial, LLC, a distributor of instrumentation, automation, rotating equipment and valve solutions, announced a formal agreement to acquire Marshall W. Nelson & Associates, Inc., headquartered in Milwaukee, Wisconsin.

Michigan City-based Hitachi Global Air Power US acquired Henry Production Inc., parent of Pumps and Service, in Farmington, New Mexico. Pumps and Service distributes and services Sullair air compressors and pumps, and Henry Production builds gas compression packages.

KSB, a pumps and valves manufacturer, has concluded new credit lines totalling EUR 550 million with a consortium of six banks, including a EUR 300 million revolving facility and a EUR 250 million guarantee facility. The term is five years with options to extend by up to two years. Hengeler Mueller advised on the financing.

Avingtrans plc has acquired Derby-based pump manufacturer Slack & Parr for a total consideration of £2.6 million after it entered administration. The deal will save 100 skilled jobs across its facilities in Kegworth, the USA and Asia.

BDK Valves and Gurukrupa Group have completed the 100% acquisition of Theis Precision, a valve maker. The source gives few other details.

Neway Valve's 96-inch pneumatic high-temperature triple offset butterfly valve, rated to 816°C, passed owner acceptance for a domestic customer's propane dehydrogenation project. The article date is 4 August 2023; the valve's delivery date is not given.

Micropump joined CEME Group as of 3 August 2023, forming a fluid control group that combines solenoid valves and rotary vane, gear and special pumps. The announcement was published on 19 September 2023.

Anhui Dazhong Valve Group held a groundbreaking ceremony on 3 August 2023 for a smart pipeline valve production project in Anhui, China. The total investment is CNY 180 million, with capacity of 4,500 tonnes of pipeline valves per year.

BODENFLO has moved its micro diaphragm pump and mini compressor factory to a new industrial park location in Baoan District, Shenzhen, China. The company says the move expanded its production space and did not disrupt orders.

Curtiss-Wright was awarded contracts worth over $250 million from Bechtel Plant Machinery and General Dynamics Electric Boat to supply propulsion valves, pumps and instrumentation and control systems for US Navy submarine and aircraft carrier programs. Work will run through 2028 at its New York and Pennsylvania facilities.

Sempa Pompa has laid the foundation for a new high-tech pump plant covering 102,000 square meters in Vladimir, Russia, to expand pump production and range. The article is dated 2023-07-25 and gives no investment value or completion date.

Score Group acquired Kampen Valve Care B.V., a provider of valve maintenance and repair services to European downstream and upstream markets, to expand in the Netherlands and Benelux. The deal was announced in July 2023.

Fluid Power Solutions has welcomed Safe Air Valve Company into its team, adding pneumatic valve repair, pneumatic systems and component distribution to its hydraulic repair services.

Concentric AB secured a contract extension worth 14 MSEK per year to supply EMP branded electric water pumps to a major OEM in the North American electric school bus segment. The customer is not named.

Mong Duong Thermal Power Company, a unit of Power Generation Corporation 3, awarded a 2023 contract for SCTX materials for pumps, valves and bearings, tender value 9.105 billion VND.

BBB Industries, a portfolio company of Clearlake Capital Group, has acquired Hydraulex, a Michigan-based remanufacturer and supplier of hydraulic pumps, motors, cylinders and valves. TM Capital acted as exclusive financial advisor to Hydraulex.

The Collins Companies of East Windsor, Connecticut acquired Washburn-Garfield Corporation, a pipe, valves and fittings distributor, and Waites Company of Worcester, Massachusetts, an abrasives and cutting tools distributor. The deal was announced July 18, 2023.

Ford Meter Box announced plans to invest up to $300 million in a 300,000-square-foot brass products facility adjacent to its Wabash headquarters, creating up to 126 jobs by the end of 2027.

A public tender in Winnipeg, Manitoba seeks supply and delivery of two 154 L/s pumps, gate valves and check valves for Riverbend lift station upgrades, with on-site training and warranty support.

Nantong High-Pressure Valve Co. won tender sections for 72-inch oversized valves for the first phase of Shandong Yulong Petrochemical's refining and chemical integration project on Yulong Island. The win was secured on 12 July 2023 and was reported in July 2023.

Allweiler plans extensive investments in the coming years at its Radolfzell site to modernise production and improve sustainability. The company is currently recruiting ten production workers to expand capacity.

Allweiler received a multi-year order from Damen, the Dutch shipyard that won the Bundeswehr tender, for complete pump packages for the Bundeswehr's new frigates.

SKF signed an agreement to sell Spandau Pumpen, its coolant pump business, to EBARA Pumps Europe S.p.A., a group company of EBARA Corporation. The divestment is expected to close at the end of September 2023 and is not material to SKF's financials.

KM Hydraulic announced a Phase II factory of about 16,000 square meters in the expansion area of its existing plant, with an expected annual output value of 300 million yuan. It will produce load-sensitive proportional multi-way valves and is expected to start operating in 2024.

EBARA Pumps Europe S.p.A. agreed to acquire the submersible pump production business Spandau Pumpen from SKF Lubrication Systems Germany GmbH effective 11 July 2023, moving production to Italy.

Daqing Oilfield subsidiary Lishen Pump Industry signed a five-year integrated service contract worth over CNY 300 million for submersible electric pumps at Iraq's Ahdeb oilfield.

Avingtrans subsidiary Hayward Tyler completed the purchase of certain Slack & Parr assets from administration, plus its US and Asia subsidiaries, for up to £4.9m at Kegworth, Derbyshire.

A groundbreaking ceremony was held for a new Samson factory in Offenbach, Germany. The article excerpt is truncated and gives no further details.