Pietro Fiorentini sold two ANSI 600 DN 14 Totem multiphase flow meters to Saipem, which installed them on Eni's offshore platforms in Indonesia. The meters were verified at TUVNEL in Scotland.
Pietro Fiorentini held the ribbon-cutting for its new manufacturing plant in Weirton, West Virginia, on July 29, 2019, a $9 million investment. It is the company's first US manufacturing operation.
Pietro Fiorentini completed the acquisition of a majority stake in TIV Valves Srl, a ball valve maker based in Rescaldina, Milan, on 5 April 2019; the company reports the first year after the deal as successful.
Baker Hughes, a GE company, reached an agreement to sell its Natural Gas Solutions business to First Reserve and Pietro Fiorentini for US$375 million, as reported in Q3 2018.
Pietro Fiorentini held a groundbreaking ceremony on Friday, June 9, 2017, for a $5.5 million facility in Weirton's Three Springs Business Park. The plant is due to open by spring 2018 and will employ up to 45 people in its first phase.
Italian company Pietro Fiorentini closed on land in the Three Springs Business Park in Weirton, West Virginia, for its first US manufacturing plant. The $9 million investment is expected to create 41 jobs in phase one and up to 150 when fully operational.