SAIHEAT Limited signed two memorandums of understanding for its HEATNUC business: one with Jiangsu Shentong Nuclear Equipment on export of nuclear valves and instrumentation, and one with Shanghai Kaiquan Pump on joint production of nuclear and SMR pumps and components in the Middle East.

SKF and Wolong Group signed a memorandum of understanding to explore a strategic cooperation on magnetic levitation technology in electric drive products. The companies announced the MoU on May 17, 2023.

South African valve and pump maker Paltech signed a distribution partnership with Schneider Electric, effective 1 May 2023, making it the sole OEM official distributor of Schneider automation instrumentation in Sub-Saharan Africa.

Swiss maintenance firms IASA Instandhaltungstechnik AG of Frauenfeld and Robert Hunziker AG of St. Gallen will cooperate closely, both led by owner Thomas Schnyder, offering combined pump, valve and electric motor services.

GE Power Conversion signed an agreement making Sulzer an authorized provider of parts, new equipment and services. The deal covers service center repairs and field services including installation and maintenance.

Bristol Compressors International and DHX Electric Machines announced an exclusive global strategic partnership to develop next-generation HVAC/R compressor technology using DwHX electric motors. The announcement was made on January 18, 2018.

Integrated Power Services (IPS), a motor and generator repair and distribution provider, signed a partnership with Gefran Drives and Motion Control Group to offer drive and motion control products and services in North America. The agreement was announced on June 14, 2017.