OTC Industrial Technologies acquired Premier Equipment Corporation and Premier Control Systems, strengthening its presence in the Louisiana and Texas rotating equipment markets.
Promet Valves Australia Pty Ltd was awarded a contract to supply firefighting nozzles to the Australian Department of Defence, valued at about AUD 60,852. The award was made on 21 December 2016.
Festo invested €70 million to expand and renovate its oldest factory in Scharnhausen, Germany, creating a leading plant for valves, valve terminals and electronics. The plant was completed last autumn and produces valve technology for multiple industries.
KSB's joint venture SEC-KSB Nuclear Pumps & Valves won a 'triple-digit million euro' order from CNNC subsidiary China Nuclear Power Engineering to supply six RSR 750 reactor coolant pumps for the first two units of the Zhangzhou nuclear plant in Fujian, announced 15 December 2016.
KSB, via its China joint venture SEC-KSB Nuclear Pumps & Valves, won a triple-digit million euro order from CNNC subsidiary China Nuclear Power Engineering to supply six RSR 750 reactor coolant pumps for the first two Hualong One units at Zhangzhou, Fujian, with delivery in 2020-2021.
Magnum Venus Products (MVP) announced it will build a $12 million, 80,000-square-foot plant in the Hardin Business Park in Hardin Valley, Knoxville, creating about 70 jobs over five years. Occupancy is planned for the second half of 2017.
Sempell GmbH was awarded a contract to supply 6 pressurizer safety relief valve stations and 6 main steam relief isolation valve stations for Fangchenggang Nuclear Power Plant units 3 and 4 in China. The Hualong-1 reactors are based on a three-loop design.
Yangquan Pump & Valve Group broke ground on its relocation project in the Zhangzhuang new industrial park of Pingding County, Shanxi, on December 14, 2016, with a first-phase investment of 445 million yuan.
EnviroSep, a maker of modular chiller, boiler and pump packages, is expanding its existing Georgetown County operations with at least a $5.2 million investment expected to create 100 new jobs over five years.
Indian Oil Corporation and EPC contractors Mitsubishi Heavy Industries and Black & Veatch have ordered more than 1,500 highly engineered valves from Ampo Poyam Valves for the ENNORE LNG plant in Tamil Nadu, scheduled for commissioning in 2018.
Italian pneumatic and hydraulic component makers Airwork and Tecnofluid have combined into A&T Fluid Solutions srl, with a new production site in Carate Brianza. Orders and customer relations are handled by the merged company from 1 October 2024.
Pentair's Saint-Juéry plant in Tarn, France shipped three 80-tonne valves, its largest ever, to Norwegian client Sverdrup for an offshore North Sea oil platform, worth about EUR 3 million in revenue.
NORRES, a hose manufacturer, expanded its warehouse to over 25,000 m² and added two new production machines to increase product availability and production capacity for AIRDUC, PROTAPE, and TIMBERDUC suction and conveyor hoses.
Private equity firms Advent International and KKR have made offers reported at around Rs 3,000 crore ($400-500 million) to buy 100% of L&T Valves from Larsen & Toubro, though no deal has been agreed.
LEWA GmbH signed a purchase agreement to acquire Seko Middle East in the United Arab Emirates, effective 1 December 2016, to produce chemical injection packages in-house.
The Subsea Integration Alliance of Schlumberger, OneSubsea and Subsea 7 won a deepwater EPCIC multiphase boosting system contract from Murphy Exploration & Production for the Dalmatian Field in the Gulf of Mexico. The scope covers subsea and topside systems and a 35km umbilical.
EBARA has completed a new manufacturing plant and service facilities in Kumamoto Prefecture, Japan, with operations starting November 15, 2016. The plant makes semiconductor manufacturing equipment and CMP systems and doubles EBARA's precision product capacity in Kumamoto.
Bimba, a pneumatic and motion solutions company, has acquired Vaccon Company, a Massachusetts-based maker of vacuum pumps, vacuum cups and end-of-arm tools. Vaccon will keep operating from its current location under its existing management.
Goetze has introduced the 617tF valve, which offers 300% higher blow-off capacity than its predecessor and can be adjusted under operating conditions. It suits test rigs, pump circuits and pressure control or relief use.
Ampo Poyam Valves has been awarded the design and manufacture of more than 1,500 advanced valves for the Ennore LNG regasification terminal in Tamil Nadu, India. The plant, built by Mitsubishi Heavy Industries and Black & Veatch for Indian Oil Corporation, is due to start in 2018.
Patterson Pump Co, a subsidiary of The Gorman-Rupp Co, has closed its acquisition of Hollywood, Florida-based Morrison Pump Co.
Watson-Marlow Fluid Technology Group, part of Spirax-Sarco, acquired Aflex Hose Limited and its US subsidiary for £61.4 million. Aflex, based in Halifax, England, makes PTFE-lined flexible hose for the pharmaceutical, food and chemical industries.
Rotork's Calgary facility fitted IQ3 electric actuators to fifteen gate valves for Suncor's Fort Hills oil sands mine in Alberta, and shipped them. Over 1,000 pneumatic actuators were also supplied from Italy and South Korea under the wider relationship.
Velan was awarded supply contracts for forged, high-pressure ASME Class 1 nuclear valves from several Chinese nuclear engineering companies. The orders are worth about €33 million (US$36 million) and are for five nuclear power plants, with delivery in 2018 and 2019.
King Abdullah Economic City signed a long-term master supplier agreement with AVK Saudi Valves Manufacturing to supply valves and fire hydrants for the city's infrastructure. The article gives no contract value.
Velan's French subsidiary in Lyon has won a US$36 million order to supply nuclear-class valves to four Chinese nuclear companies: Nuclear Power Engineering Corp., China Nuclear Power Engineering Co., China Nuclear Energy Industry Corp., and State Nuclear Power Engineering Corp. The valves will be used in new nuclear plants across China, with delivery planned throughout 2018 and 2019.
Aalberts Industries, parent of Apollo Valves, acquired Georgia-based Shurjoint Industries, a maker of mechanical piping components, to extend the end-to-end connection portfolio of Apollo Flow Controls.
Rotork shipped fifteen IQ3 electric actuators from its Calgary facility to Suncor's Fort Hills oil sands mine in Alberta, with over 1,000 pneumatic actuators also supplied from Italy and South Korea.
Banner Industries built a new cleanroom at its Hillsboro, Oregon facility to become an authorized Signature Service Provider for Trebor high-purity pump repair and rebuild, starting with West Coast customers.
Velan's French subsidiary in Lyon was awarded contracts to supply nuclear-class valves to several Chinese nuclear engineering firms for new reactors, with orders valued at about $36 million, recorded in backlog November 28, 2016, with deliveries in 2018-2019.
Swiss Sulzer is negotiating exclusively to buy French pump maker Ensival Moret for CHF 85 million (about EUR 80 million), with closing possible in Q2 2017 subject to shareholder approval, reported November 28, 2016.
WIKA has inaugurated a Rs 100 crore manufacturing facility for valve manifolds and flow elements on five acres near Palwal, Haryana. The plant will mainly serve domestic, Asia Pacific and Middle East markets.
Fort Vale Engineering is adding a new casting foundry and a sports and recreation centre at its Calder Vale Park site in Burnley, jointly valued at £5.7 million. The projects mark the company's 50 years of service in 2017.
Emerson has agreed to buy Pentair's Valves & Controls division for $3.15 billion to expand its automation and valve portfolio. The division, headquartered in Schaffhausen, Switzerland, has about 7,500 employees.
Emerson Automation Solutions and Flexim are combining their flow portfolios to enhance flow consulting and selection, reducing piping, design and installation costs for customers.
MAT Holding will invest 3 million euros in its Israeli subsidiary Dorot to raise production capacity by 30%, modernising the plant, expanding finished-goods storage by over 50% and upgrading the test bench.
Iraq's Ministry of Municipalities and Public Works appointed Protechnique as main EPC contractor for the 80 million dollar Basra Water Pumping Station P2R, funded by JICA. Protechnique expects to complete its scope by December 2018.
Parker Bestobell Marine received a US$5 million order to supply cryogenic valves for nine more Arc7 LNG carriers being built at Daewoo Shipbuilding and Marine Engineering in South Korea for the Yamal LNG project.
Legend Valve and Fitting has applied to build a 59,826 square foot warehouse addition at its facility at 300 N. Opdyke Road in Auburn Hills, Michigan. The total investment is estimated at $3.5 million, with construction planned from June to October 2017.
Sulzer will supply a complete centrifugal pump package, including manufacturing, testing and installation supervision, for a new reverse osmosis desalination plant in Oman's North Batinah region. The plant is being built by Sohar SWRO, led by Valoriza Agua and Bahwan Engineering, for the Oman Water and Procurement Company.
Alfa Laval won an order worth about SEK 50 million to supply separators, pump modules and a water treatment system for an integrated solar and combined-cycle plant in the Middle East. The order was placed by a Spanish contractor, with delivery scheduled for 2017.
NOW Inc.'s DistributionNOW entered a distributorship agreement with Schlumberger for the exclusive right to distribute Reda HPS pumps and related parts in 15 US states. Schlumberger will provide technical support.
NOW Inc.'s U.S. subsidiary DistributionNOW signed an OEM valve automation packaging agreement with Rotork Controls for flow control products. It extends an existing Canadian distribution agreement to domestic and international projects.
Axel Johnson International, through its AxFlow business group, acquired Process Partner AS, a Larvik-based Norwegian distributor of process instruments and positive displacement pumps. The deal strengthens AxFlow's fluid handling business in the Nordics.
Valvitalia signed a contract to acquire 100% of Nuova Giungas, a Formigine (Modena) manufacturer of monolithic isolation joints for pipelines with 36 employees and about EUR 7 million turnover in 2015. The deal extends Valvitalia's oil and gas product portfolio.
Sun Hydraulics agreed to acquire the Power Controls and Vehicle Technologies business lines of Enovation Controls, LLC for an initial $200M plus up to $50M earn-out, expected to close within 30 days.
Larsen & Toubro approved a scheme of arrangement with its subsidiary L&T Valves Ltd, a deal valued at 437.9 million rupees in cash.
Parcol was awarded a contract in October 2016 to supply critical angle valves for the 40,000 MTPA melamine plant of Gujarat State Fertilizers & Chemicals at Vadodara, India. The project is due for commissioning by Q3 FY 2017-18.
Metso has signed an agreement for a comprehensive valve delivery for the Kilpilahti Power Plant in Porvoo, Finland.
SHW Automotive GmbH has received a contract from an unnamed leading electric vehicle manufacturer to supply electric axle gear pumps, with a lifetime revenue of approximately €100 million. Production is expected to start in the first half of 2017 at the Bad Schussenried plant.