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Ham-Let, through subsidiary Rovac, won a $5.6 million order from a Vietnamese company for flow control products for an LNG terminal project, with delivery through 2022. Ham-Let has received orders totaling $10.2 million for the project so far.
Ham-Let's subsidiary in China signed an agreement with the Yangzhong District management to build a new $15 million factory with double the production capacity, to be completed by end of Q1 2019; the district compensates $9 million.
Ham-Let (Israel-Canada) Ltd., a maker of instrumentation valves and fittings, is buying Norwegian company Norvalve. The deal was reported on 2016-10-20.