Grundfos Pumps India plans to invest ₹125 crore in a third pump production unit, to be operational by 2020, with the location still to be decided between Tamil Nadu and other states.
Emerson's Metran plant in Chelyabinsk will build a second production building of about 20,000 sq m on the northwest side, with construction starting May 2019 and completion by end-2020; experts estimate costs above $50 million.
Admiral Valve, LLC d/b/a CPV Manufacturing appointed Prochem Pipeline Products Pty Ltd as its authorized representative.
Emerson's Metran industrial group will build a second phase of its Chelyabinsk production complex, adding about 20,000 square meters for a total site of 50,000 square meters, with completion planned by the end of 2020. The first phase had an investment of $40 million, and the second-phase investment amount was not disclosed.
Leslie Controls, a CIRCOR International brand, was awarded a $5.65 million contract by the U.S. Navy to supply valves for ten Block V Virginia-class submarines, with deliveries of two shipsets per year over five years.
Alfa Laval won two orders to supply Framo pumping systems to oil platforms in the North Sea, with a combined value of about SEK 175 million and deliveries scheduled for 2019.
Danfoss Power Solutions started construction on a new £multi-million, 1,500 m² manufacturing plant in Loanhead, Scotland, to produce digital hydraulic pumps and motors using Artemis' Digital Displacement technology. The project will create over 30 skilled jobs initially, with potential for 200 more.
Danfoss began work on a new 1500 square metre plant beside Artemis Intelligent Power's base in Loanhead near Edinburgh, to make digital hydraulic pumps and motors for off-highway vehicles. The project will create more than 30 jobs initially, with up to 200 more later.
Valve manufacturer Ainsworth Engineering and distributor United Valve Company were sold to new owner Siyabonga Meyiwa in a deal funded by the Industrial Development Corporation. The sale concluded in September 2018 and the companies were upgraded to Level 1 BBBEE status.
Grundfos expanded its U.S. footprint with a new facility in Deerfield Beach, Florida, serving as a distribution hub for water and wastewater pumps, controls and accessories, and offering service and testing. A ribbon-cutting ceremony was held on November 8, 2018.
Wynnchurch Capital acquired Midland Metal Mfg., a distributor of fittings, valves and clamps for industrial end markets, on 7 November 2018.
Mueller Water Products signed a definitive agreement to acquire Krausz Industries Ltd for $140 million in cash.
Applied Industrial Technologies has acquired Fluid Power Sales, a manufacturer and distributor of fluid power components based in Baldwinsville, New York. Terms of the purchase were not disclosed.
Baker Hughes supplied more than 2,000 valves for S-Oil's Residue Upgrading Complex and Olefin Downstream Complex, which reached mechanical completion. The projects are valued at over $4.4 billion.
Huntington Ingalls Industries named Triumph Group to supply 165 remote valve actuation systems for the USS George Washington aircraft carrier overhaul, produced at Triumph's Indiana plant under a previously awarded $2.8B HII contract.
Splav corporation won a tender to produce and supply more than 8,000 shut-off safety valves for innovative tank wagons built by JSC TikhvinKhimMash. The first batch ships in November 2018 and production runs through 2019.
GEA launched a new flow components production facility in Suzhou, China in late 2018, with 12,000 square meters of production space and 1,320 square meters of office space. It moved valve and pump machining and assembly from Shanghai in November 2018.
Metso has completed its acquisition of the valve automation division of India-based Rotex Manufacturers and Engineers, by buying all shares of RMEBS Controls Private Limited. The deal adds actuators, limit switches and process valves to Metso's valve portfolio.
Pierburg Pump Technology, part of Rheinmetall Automotive, won orders worth €215 million from an international automaker for its CWA 400 electric coolant pump, produced in Hartha, Saxony.
Franklin Electric acquired Industrias Rotor Pump SA, an Argentinian maker and distributor of water pumping equipment, in Q3 2018.
United Rentals completed its acquisition of BakerCorp International Holdings for a total purchase price of around US$715 million in Q3 2018.
Hunan Xiaoaisi Fluid Control Equipment broke ground on October 28, 2018 on a 120 million yuan valve production project in Yueyang's Chenglingji new port area, covering 28 mu of land and 20,000 square meters of buildings.
Holroyd Precision Rotors, a division of PTG, opened a new production cell in Spartanburg, South Carolina, to supply compressor screw rotors to North American industrial air, air conditioning and refrigeration equipment producers. The facility was the result of a $12 million investment.
Metso decided to invest about EUR 10 million in a new green-field valve technology center in Jiaxing, China, expected to start operations in spring 2020.
Danfoss acquired the majority of Artemis Intelligent Power, an Edinburgh hydraulic R&D firm, to gain its Digital Displacement technology. Artemis will become a joint venture with Mitsubishi Heavy Industries, with Danfoss as majority shareholder.
German Chemoform and French Fija Group announced a merger effective end of 2018, creating the CF Group, a European pool equipment and maintenance company.
Edwards, part of Atlas Copco, opened phase two of its Qingdao, Shandong manufacturing plant on October 23, 2018, with a $65 million expansion focused on semiconductor vacuum pumps.
According to sources, Weir has launched the sale of its flow control pumps and valves business, which could be valued at more than 300 million pounds ($389 million), with first-round bids due November 9 and Goldman Sachs handling the sale.
Weir Minerals completed moving Delta Industrial valve manufacturing into its St Louis, Missouri facility, adding 5,000 sq ft of manufacturing space, 15,000 sq ft of warehouse space and extra shifts and staff.
Kumkang Kind plans to acquire 21 million shares in Kspvalve worth 10.5 billion won, giving it a 57.5 percent stake after the transaction.
Amarinth received its first order from Iraq Gates Contracting Company for ten API 610 OH1 condensate transfer pumps worth US$410,000, for the Rumaila oil field near Basra, with 22-week FCA delivery.
Spanish cooperative Ampo inaugurated a new 12,500 square metre machining plant in Idiazabal, Gipuzkoa, built with a €22 million investment. It will machine valves in-house and add 20 jobs.
Anhui Tunxi High Pressure Valve Co. received approval for its adjusted plan to produce 200,000 industrial forged steel valves per year, which involves expanding its production plant, adding a valve cover line and a smart warehouse. The project has entered formal implementation.
Linde Hydraulics Corp. announced the opening of a new 67,200-square-foot facility in Waterford Park, Rock Hill, S.C. The company plans to add up to 60 new jobs over the next five years and has potential for significant capital investment. The announcement was made on October 16, 2018.
Weir integrated manufacturing of its Delta Industrial valves at its St. Louis, Missouri facility, which previously made Lewis pumps and valves. The site added shifts, hired staff and expanded manufacturing space by 5,000 sq ft.
Admiral Valve (CPV Manufacturing) appointed JRE Private Limited as its authorized representative in India to sell its full valve and fitting product line for compressed gas, petrochemical, oil and gas, and shipbuilding industries.
Chengdu Chenggao Valve Co., part of Chengdu Chengfeng Fluid Technology Group, won a bid for 56-inch ball valves and matching electric actuators for the China-Russia natural gas pipeline project, worth a total of 14.75 million yuan.
The Canadian government's Canada Economic Development for Quebec Regions announced a CAD 568,220 repayable contribution toward OXO Fab's CAD 2,125,217 project to launch industrial valve manufacturing in Saguenay.
Linde Hydraulics plans to locate new production operations in Rock Hill, York County, South Carolina, in a 67,200 sq ft facility, with a $13.4 million investment projected to create more than 60 jobs.
Suzhou Dosen Drilling & Production Equipment won the tender for shutoff and blowdown valves for the Lüda 16-3 natural gas compressor project, tendered by Offshore Oil Engineering. The winning bid was RMB 1,576,008 delivered on site after taxes.
AURELIUS Equity Opportunities agreed to acquire water valve manufacturer VAG of Mannheim, Germany, from US-listed Rexnord Group. VAG has 1,200 employees and about EUR 200 million in recent sales; the deal was scheduled to close in Q4 2018.
Wärtsilä sold its Wärtsilä Pumps business, based in Aalborg, Denmark, to Solix Group, a Scandinavian investment company. Pumps business sales were about EUR 50 million in 2017. The deal was announced on 31 October 2018.
The Department of National Defence awarded Unisource Technology Inc. a contract for safety relief valves for CFB Esquimalt and CFB Halifax, worth USD 211,528. The award was published on 5 October 2018.
Alfa Laval won an order worth about SEK 70 million to supply Framo marine pumping systems for an FPSO vessel being built in China. The order was booked in late September 2018 with deliveries scheduled for 2019.
Aberdeenshire-based Interventek Subsea Engineering received an order worth over £1 million from Louisiana-based PRT Offshore for its Revolution in-riser shear and safety valves. The valves will be included in PRT's subsea safety system for Gulf of Mexico well operations.
Jiangyin Eastern Valve supplied 671 API 603 stainless steel gate, globe and check valves for a Dow Chemical project in the USA, delivered at the end of September 2018. The end customer is MRC, and the valves were made for FORUM-COOPER.
PG Flow Solutions won a subcontract from MMC First Process to supply a large seawater circulation pump system for a wellboat being built by Fitjar Mekaniske Verksted for Hordalaks, with delivery in Q2 2019. Contract value was not disclosed.
Grundfos and Augury announced a partnership to create condition monitoring services for water systems, combining Augury's AI diagnostics with Grundfos' pump technology. The partnership was announced on September 30, 2018.
NIDEC GPM Hungary invested HUF 15 billion at its Bercel plant in Nógrád County, building a new logistics hall and expanding the assembly shop. The plant is set to produce 1 million oil pumps a year, with more production lines planned over 4-5 years.
A group of investors led by OGCI Climate Investments invested $5.5 million in valve maker Clarke Valve through a Series B Preferred Stock sale. The round brings Clarke's Series B total to $15.5 million.