Jiangsu Shentong signed a letter of intent with Dewei Valve Casting (Suzhou) and its controlling shareholder HOT EXCESS HOLDINGS to take control of Dewei through a mix of share purchase and cash capital injection. Dewei is a valve supplier to major international oil and gas companies.

GTA Compressor Solutions Inc. was awarded a Department of National Defence contract for 36 water and pneumatic valves, to be delivered to CFB Halifax and CFB Esquimalt. The contract award date is February 11, 2022.

Singapore-based Jihua Industrial invested in a project to produce 500,000 valve sets a year in Ningjin County, Dezhou, Shandong, with a total investment of USD 16 million including USD 10 million for new CNC equipment. Annual sales are expected to reach about CNY 200 million.

Aptar Pharma has begun construction of a new facility on a 3.5-acre site at the Palava Industrial and Logistics Park in Taloja, Mumbai, adding molding capabilities. Groundbreaking took place on January 21, 2022.

Navantia Australia Pty Ltd was awarded a contract by the Australian Department of Defence on 9 February 2022 to supply fluid pressure regulating valves, valued at about AUD 18,729.

Honeywell International of Phoenix, Arizona won a federal contract worth $2,444,826 from the Defense Logistics Agency for pumps and compressors, as reported on February 8, 2022.

Skarpenord AS won a contract from Wärtsilä to supply valve control systems for 12 LNG-powered container vessels being built in Asia, worth close to NOK 15 million. Deliveries run from Q2 2022 to Q2 2023.

Danish marine pump maker Svanehøj has acquired Wärtsilä Tank Control Systems, a maker of LNG tank gauging systems, and is establishing Svanehøj France as a land-based business at its Calais, France facility with almost 40 employees.

Proconex is combining the former Emerson valve repair facility in Burlington, New Jersey with its Atlantic Valve Services center in Swedesboro, New Jersey, expanding its valve repair and service capabilities.

Epiris is acquiring Stuart Turner, a UK maker of brass pumps and water boosting systems based in Henley-on-Thames. Barings acted as sole lender of the secured credit facilities for the deal, announced February 2, 2022.

Industrial Flow Solutions of New Haven, Connecticut agreed to assume global commercial and execution rights for SIDE Industrie's direct in-line DIP Systeme pumping system, which is used in wastewater networks. The deal builds on a 2019 partnership between the two companies.

NI Water awarded contracts worth an estimated £40 million for mechanical installation, repair and maintenance to TES NI Ltd and FIN Maintenance Ltd, with an initial three-year term plus two one-year extensions.

Schlumberger signed a contract with state-owned Kuwait Oil Company in February 2022 to supply and install progressive cavity pumps at KOC oil wells, worth about 41 million Kuwaiti dinars ($135 million), according to a local newspaper report published 11 March 2022.

SPIR STAR AG has taken over all business activities of the sole proprietorship Skarke Ventilsysteme through its new subsidiary Skarke GmbH in Rimbach, Germany, at the start of fiscal year 2022. The company makes oil drain valves, breather valves, filters and dipsticks.

Wajax Corporation acquired the net operating assets of Thunder Bay-based Process Flow Systems Ltd., an industrial pump and valve integrator, for about $3.96 million cash plus an earnout of up to $650,000. The deal was announced January 31, 2022.

ARCA has been reselected as BASF's MVV4 main valve vendor for 2021 to 2026 with an option to extend. The framework agreement for supplying standard control valves is to be signed shortly.

Munich-based Liberta Partners acquired a majority stake in CWFC Phönix Group GmbH, a valve maker in Volkmarsen, Germany, as a carve-out from Curtiss-Wright. The company has a capacity of 30,000 valves per year.

Ampo Poyam Valves signed a Corporate Procurement Agreement with Saudi Aramco at the IKTVA Forum in Dhahran to supply highly engineered valves and services. The deal also covers joint technology development, and the valves will be made through the new AMPO ARABIA plant.

Aramco signed an agreement with Doosan Heavy Industries & Construction and Dussur to establish a casting and forging joint venture in Saudi Arabia with a production target of 60,000 tons per year, supplying industrial and process equipment.

Swiss vacuum valve maker VAT Group held a groundbreaking for a 39,200 square meter factory extension in Penang, Malaysia. The project will create about 500 jobs and more than double the Malaysian operation's production capacity.

NETZSCH is building a new plant in Ribeirão Souto near Pomerode, Santa Catarina, to take over all production of NOTOS multi screw pumps. The opening is planned for March 2023 and the plant will create about 90 jobs.

Trillium Flow Technology Group, owned by First Reserve Capital, agreed to acquire Termomeccanica SpA's entire centrifugal pump division, including TMP Spa and five foreign subsidiaries, through its Italian subsidiary.

F.W. Webb Company acquired Stritt & Priebe Inc., a specialist in industrial valve supply, service and repair based in Buffalo, New York, announced January 24, 2022.

Paladon Systems has completed a batch of pneumatic spring-to-close actuators with control systems for the Exxon Mobil price agreement in Malaysia, managed by EMEPMI. The batch was shipped to Malaysia.

Atlas Copco has completed the acquisition of HHV Pumps Pvt. Ltd., a Bengaluru-based designer and maker of vacuum pumps and systems, on January 21, 2022. The purchase price was not disclosed, and the business joins the Industrial Vacuum Division.

Aerzen USA, a subsidiary of Aerzener Maschinenfabrik GmbH, announced the acquisition of Vooner FloGard Corporation, a vacuum pump maker headquartered in Charlotte, North Carolina with manufacturing in Greeneville.

Trillium Flow Technologies signed a joint agreement to acquire Termomeccanica Pompe S.p.A., bringing its Termomeccanica Pompe, Gabbioneta Pumps and Begemann brands under Trillium in Italy; closing is expected in three to four months.

Termomeccanica and Trillium Flow Technologies signed an agreement transferring Termomeccanica Pompe's production, sales and service activities to Gabbioneta Pumps, a Trillium group company; the transfer is expected to become operative around April.

Andritz will supply a primary effluent and sludge treatment line for Holmen Iggesund Paperboard's Workington mill in the UK, with start-up scheduled for Q1 2023. The contract value was not disclosed.

Duplomatic Oleodinamica, controlled by AXA Private Equity, acquired the hydraulic components division of Continental Machines Inc. through its US subsidiary Continental Hydraulics. The division had a reported 2010 turnover of USD 18.4 million. The deal value was not disclosed.

Finnish valve maker Neles Corp has completed its acquisition of the valve and pump businesses of Flowrox. The completion was reported on 14 January 2022.

JTEKT Corporation agreed to sell its French industrial hydraulic components division HPI Industrial to EiM Capital and Apogee, following a December 2021 put option; the deal is subject to employee consultation and expected to complete in the first half of 2022.

Triangle Pump Components expanded manufacturing and shipping/receiving areas at its Cleburne, Texas valve plant, with construction starting September 2021 and completed by year end. The expansion added new machines and doubled inventory capacity.

CECO Environmental agreed to acquire GRC, a maker of rubber expansion joints and flow control products, through its Effox-Flextor-Mader joint venture. The deal is expected to close by April 2022.

Shangfa Valve (上阀股份) signed an agreement with the Changsanjiao (Huzhou) cooperation zone for a high-end intelligent industrial fluid control equipment manufacturing project with total investment of 1.2 billion yuan and annual output of 500,000 units. Signing took place on January 8, 2022.

Shanghai Valve Factory signed an agreement with the Yangtze River Delta (Huzhou) Industrial Cooperation Zone for a high-end smart fluid control equipment plant with a total investment of 1.2 billion yuan and annual capacity of up to 500,000 units.

Frontline Australasia Pty Ltd was awarded a contract by the Australian Department of Defence to supply valves, with a listed value of about 11,712 dollars. The award date was 6 January 2022, and the listing is in Victoria.

Unibloc Pump, a Kennesaw, Georgia flow control manufacturer, has acquired Standard Pump, a Duluth, Georgia maker of sanitary and industrial process pumps, on January 5, 2022.

Sulzer Pumps Finland moved process pump production to a new production line completed in 2022 at its Karhula plant in Kotka, which significantly increased capacity and was paired with the adoption of LEAN management.

Busch Manufacturing India inaugurated a new vacuum pump production plant in Chakan near Pune in 2022. The plant has since produced its 4000th vacuum pump and makes DOLPHIN LX pumps.

Industrial Flow Solutions agreed to acquire Dreno Pompe, an Italian maker of electrical submersible wastewater pumps based in Monselice, Padua. Dreno will keep its name and plant in the Veneto region.

Zhejiang Xiangke Pump Industry Co. plans a technical renovation project to produce 30,000 pumps per year at its site in Luqiao district, Taizhou, with an investment of 2 million yuan in equipment; the environmental approval notice was published December 28, 2021.

Grundfos will spend USD 100 million building a new high-end pump manufacturing plant in Changshu, Jiangsu province, expected to be ready by 2023 and at full capacity by 2026.

PJ Valves (PJV) was awarded two FPSO valve contracts for projects in Brazil's Santos and Campos basins, including the Buzios and Mero 3 FPSOs. The contracts are reported as worth $11 million in total.

Richland-based Fluid Controls and Components Inc. received a 2020-21 Bechtel Global Supplier Award for providing 9,000 nuclear-certified valves and sourcing frit for the Hanford Waste Treatment Plant in Washington state.

Portsmouth City Council completed a 120,000 sq ft warehouse at Dunsbury Park in Havant for BioPure Technologies, a fluid-path component manufacturer in the Watson-Marlow group. The facility is expected to create more than 120 engineering and manufacturing jobs.

Ohio Transmission Corporation, an industrial equipment distributor, acquired TP Pump, a pump line supplier serving New Mexico and northern Arizona from Albuquerque. The deal was announced on December 15, 2021, and terms were not disclosed.

ARCA Regler was named again as one of two global key suppliers of automated control valves to BASF under the MVV4 framework for 2021 to 2026. The framework agreement was to be finalised and signed shortly.

Lone Star Funds agreed to buy industrial pump and valve maker SPX Flow Inc. for $3.8 billion including assumed debt, at $86.50 per share in cash. The deal was announced on December 13, 2021.

Emerson carried out a USD 14.7 million capacity expansion at its Eger site in NE Hungary, adding a 10,500 square meter building and doubling manufacturing capacity for pneumatic cylinders and valves. The project is expected to create 200 new jobs in the long term. The article is dated December 8, 2021.