Danfoss plans to invest US$3.3 million more in its Caxias do Sul plant in Rio Grande do Sul, Brazil, before the end of 2018, to nationalize pumps and motors and raise local content.
MOGAS Industries will supply over 950 severe-service valves to Hengli Petrochemical (Dalian) Refinery Co., Ltd., a subsidiary of Hengli Group, for use in an ebullating bed unit. Delivery is scheduled for early 2018.
Rotork received an order from Hyundai Heavy Industries for 220 pneumatic actuators for the NASR Phase II full field development in the UAE, which aims to raise output capacity to 65,000 bpd. The largest GP350 actuator built to date was engineered for the project.
Betts Industries acquired a majority stake in J-Tech Incorporated, its long-time partner and exclusive rebuilder of its tank truck valves, located in Chester Springs, Pennsylvania. The deal is intended to support growth into new markets.
W.M. Schultz Construction was officially awarded the Restoration of the Wastewater Treatment Plant project by the City of Kingston, New York, on August 10, 2017. Work covers pump replacement, pump station reconstruction, flood proofing and a new plant-wide generator, with completion expected in spring 2018.
Askalon AB becomes the new provider and service partner for former Pentair Valves & Controls products (Sempell, Keystone, Crosby and others) across Sweden, excluding the nuclear sector, effective 1 August 2017. Emerson bought the business from Pentair on April 28, 2017.
Sun Hydraulics plans to buy property and develop a factory in South Korea to manufacture products locally for Asia Pacific customers. Roughly half the cost is expected in 2017, with completion in 2018.
Private equity fund TGP Capital Partners II has acquired Air Power Systems Co., LLC (Apsco) of Tulsa, Oklahoma, a maker of pneumatic and hydraulic valves, cylinders, actuators and control systems for heavy duty truck equipment markets. CEO Vince Williams partners with TGP on the deal.
Paladon Americas has been awarded an order to supply 200 complete valve automation systems for Statoil's Bakken Shale Play in the US. Each system includes a 2 1/16 inch Class 5000 ball valve, a pneumatic scotch yoke actuator and a local control system for ESD protection on well pads.
Anvil International acquired the Grinnell Mechanical Product suite for the North American Mechanical business from Johnson Controls, including grooved couplings, fittings, valves, G-Press Systems, technical services and the Anniston, Alabama foundry.
Specialist valve supplier Heaton Valves Africa was appointed distributing agent for US pipeline equipment maker TD Williamson in August 2017 after a process of about a year. It will supply TDW hot-tapping and pipe repair services in South Africa.
Effective August 1, 2017, Medo USA Inc. merged with its parent company Nitto Kohki USA in Roselle, Illinois, unifying the US corporate structure. Product models, part numbers and pricing are unchanged.
Pfeiffer Vacuum Technology AG acquired California-based Nor-Cal Products, a vacuum component maker with about 300 employees in the USA and Vietnam, for $68 million. The deal was announced on 1 August 2017.
MOGAS Industries received contracts to supply over 950 severe service isolation valves to Hengli Petrochemical (Dalian) Refinery for a heavy oils project on ChangXing Island in Dalian, China. Delivery is scheduled for early 2018.
Italian listed company IPH Group began trial production at its new Shiqi, Dongguan plant after relocating its Guangzhou hydraulic valve operations, with a total project investment above 100 million yuan and expected annual output value of 170 million yuan within five years.
SPX FLOW and WTE Wajdi Group signed an agreement to form a joint venture offering rotating and static equipment services to oil, gas, industrial and power customers in Iraq. The JV will be based in Dubai with a field subsidiary at North Rumalia Oil Field in southern Iraq.
SPX Flow signed a contract with EDF Energy to supply 16 ASG and RRI nuclear pumps for the Hinkley Point C new build project in the UK. The pumps will be delivered via the ClydeUnion Pumps factory in Annecy, France.
Arca Flow Controls, the US subsidiary of Arca Regler, delivered several large anti-surge control valves for compressor lines in Mexico, ordered in 2016 and delivered in early 2017. The valves serve pipeline stations in La Laguna, Coahuila and Villa de Reyes, San Luis Potosi.
Schlumberger was awarded a contract by Noble Energy to supply a measurement and control system, including valves and custody transfer meters, for the Leviathan project offshore Israel. The first phase of the development is expected to cost about $3.75 billion.
Westpower and R&R Machine agreed to amalgamate their ownership interests, combining pump repair, field services and engineered pump supply across the US Northwest and Western Canada, with closing expected around July 31, 2017.
Turo Italia, part of Emile Egger & Cie, supplied 48 closed coupled centrifugal pumps for a mobile wastewater treatment plant in Genova, Italy. The plant has a capacity of 2400 m³/day.
Yokogawa Electric has acquired TechInvent2 AS, a Norwegian firm holding rights to FluidCom, a chemical injection metering valve for oil wells and pipelines. Yokogawa will target upstream and midstream oil and gas customers with it.
Mexican pump maker RuhRPumpen has invested nearly INR 100 crore in a new manufacturing plant near Oragadam, Chennai, replacing a rented unit. About 80% of output will be exported to West and South-East Asia.
MRC Global Norway will supply specialty valves, manifolds and fittings for Statoil's Johan Castberg project, and was named provider for DEA's Dvalin project. MRC Global Sweden also signed a four-year deal to supply gate, globe and check valves to Statoil Refining Denmark.
A pipeline valve factory has opened in Atyrau, Kazakhstan, under the national localization program, with British initial investment of GBP 300,000. Total investment is planned to exceed GBP 6 million over five years across five development stages.
Pentair plc completed the sale of its Valves & Controls business to Emerson Electric in a US$3.15 billion deal.
Nikkiso agreed to acquire the business and trademarks of California-based Cryogenic Industries, including ACD, Cosmodyne, Cryoquip and 18 subsidiaries, in a deal valued at around US$438 million.
Franklin Electric is acquiring controlling interests in three US professional groundwater distributors: 2M Co, Western Hydro Holding and Drillers Service Inc. The deal is valued at approximately US$89 million including assumed debt.
Säffle-based valve maker Somas received a framework agreement from Billerudkorsnäs covering hand, control, on/off and butterfly valves for the new KM7 board machine at Gruvön in Grums, with deliveries over one year starting autumn 2017.
MRC Global (Sweden) AB signed a four-year agreement to be the primary provider of gate, globe and check valves to Statoil Refining Denmark A/S, expanding the relationship into Denmark.
MRC Global was named provider of instrument tubing, fittings, valves and manifold products to Deutsche Erdoel AG (DEA) for its Dvalin project on the Norwegian Continental Shelf, expected to begin production in 2020.
MRC Global Norway AS will supply specialty and high alloy valves, manifolds, fittings, tubing and other items for Statoil's Johan Castberg project in the Barents Sea, with Statoil's investment decision expected in 2017.
MRC Global's subsidiary MRC Global (US) Inc. extended its contract to provide integrated supply services and gas distribution products, including pipe, valve and fitting products, to NiSource Inc. on 17 July 2017.
Arca Flow Controls, the US subsidiary of Arca Regler GmbH, has begun delivering several large anti-surge control valves for compressor lines in La Laguna, Coahuila and Villa de Reyes, San Luis Potosi, Mexico.
Arca Flow Controls, the US subsidiary of Arca Regler GmbH, delivered five anti-surge valves to Mexico for compressor lines at pipeline stations in La Laguna, Coahuila and Villa de Reyes, San Luis Potosi. The compressors are scheduled to go online in winter 2017 or early 2018.
Armatec Group, part of Ernströmgruppen, signed an agreement to acquire all shares in Dansk Ventil Center AS and Valtor Offshore AS from ERIKS. Both businesses will remain separate with unchanged management.
Emerson enlarged the cleanroom at its Ölbronn-Dürrn plant in Germany, where miniaturized ASCO valves are produced for analytical and medical applications. The new cleanroom covers 720 square meters and is part of the expansion of the Analytical & Medical centre of excellence in Stuttgart.
Teledyne Instruments, a subsidiary of Teledyne Technologies, acquired Scientific Systems Inc., a State College, Pennsylvania manufacturer of piston pumps and precision components. Terms of the deal were not disclosed.
Arca Flow Controls, the US subsidiary of Arca Regler, delivered five large anti-surge control valves for compressor lines in Mexico, ordered the previous year. The valves serve compressor stations in La Laguna (Coahuila) and Villa de Reyes (San Luis Potosi) that feed natural gas to CFE power stations and industry.
KOSO Kent Introl secured an exclusive contract to supply choke and control valves to Equinor's Johan Castberg FPSO project off Norway, part of a frame agreement with Equinor running to 2020 with options to 2026. Final investment decision is expected in late 2017, with deliveries in 2018 and 2019.
Yuanda Valve Group began construction of its North China pump and valve casting industrial park in Longyao County, Hebei, at a ceremony on 12 July 2017. The project has a total investment of 1.22 billion yuan and designed annual output of over 30,000 tonnes of valves.
Valtek Sulamericana MENA has been awarded a contract by EPC contractor Descon Engineering to design, manufacture and test control valves for ADCO's South East Tie-in Project in the UAE. The valves will serve over 60 tie-in wells.
Jokwang ILI signed a supply contract worth KRW 2,150,310,000 with GS E&C to deliver safety valves for a refinery construction project in Ruwais, UAE. The contract runs until 11 December.
MLD, a maker of motorized industrial valve actuators, acquired PFS, an independent northern French company with about EUR 5 million in revenue and 30 employees. The deal also diversifies MLD into fluid management from storage to distribution.
Ampo Poyam Valves was awarded a contract to design and manufacture 750 high-specification ball and check valves with fusion bonded epoxy interior coating for Saudi Aramco's plants in Saudi Arabia. Delivery is scheduled for 2017 and 2018.
OMB Valves s.p.a. signed on 5 July 2017 to acquire the Vogt Valves division from Flowserve Corporation for approximately $28 million and completed the deal on 6 July 2017, with an expected gain of about $10 million for Flowserve.
Emerson selected Caltrol as the new provider for former Pentair Valves & Controls products and support in California, Arizona, Nevada and Hawaii, effective 5 July 2017. Emerson purchased the business unit from Pentair on 28 April 2017.
Halliburton announced it will acquire Tulsa, Oklahoma-based Summit ESP, which makes pumps for artificial lift in oil and gas wells. Financial terms were not disclosed.
Gazprom is set to purchase 6 billion rubles worth of anti-surge valves and electric drives for the Power of Siberia pipeline from Tomsk Electromechanical Plant (TEMZ), with production starting in September 2017.
ChargePoint Technology invested in a new 5-axis machine, automated washing plant and coordinate measuring machine at its Liverpool headquarters, as part of a wider £1 million investment to speed production of containment valves up to 350mm.