Flowserve
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| Company type | Public |
|---|---|
| Industry | Diversified machinery |
| Founded | 1997 |
| Headquarters | Irving, Texas, U.S. |
Key people | Rowe, R. Scott, President and CEO (from April 1, 2017) Lanesha Minnix, Senior Vice President and Chief Legal Officer |
| Products | Actuators Ball valves Butterfly valves Control valves Plug valves end face mechanical seals Pumps |
| Services | Power industry Oil industry Gas industry Chemical industry |
| Revenue |
|
| [2] | |
| Total assets | |
| Total equity | |
Number of employees | 17,000[4] (2017) |
| Website | flowserve |
The Flowserve Corporation is an American multinational corporation and one of the largest suppliers of industrial and environmental machinery such as pumps, valves, end face mechanical seals, automation, and services to the power, oil, gas, chemical and other industries.[5] Headquartered in Irving, Texas, which is in the Dallas–Fort Worth Metroplex, Flowserve employs close to 16,000 employees in more than 50 countries.[6] Flowserve sells products and offers aftermarket services to engineering and construction firms, original equipment manufacturers, distributors, and end users. The Flowserve brand name originated in 1997 with a merger of BW/IP (Borg-Warner/IP International) and Durco International.
On August 21, 2007, Flowserve Corporation was recognized by CIO magazine as one of the 2007 CIO 100 Award Honorees.[7]
History
[edit ]Flowserve's heritage dates back to the 1790 founding of Simpson & Thompson by Thomas Simpson, later to become Worthington Simpson Pumps, one of the companies that became part of BW/IP.[8] The company was created in 1997 with the merger of two fluid motion and control companies: BW/IP and Durco International.
Acquisitions include HydroTechnik Olomouc in 2006,[9] Sealing Systems in 2007,[10] Calder AG in 2009[11] and Valbart Srl in 2010.[12] In October 2011 Flowserve acquired Lawrence Pumps Inc. In March 2013 acquired a manufacturing plant from L&T Valves situated in Maraimalainagar, Tamil Nadu. In 2015 Flowserve acquired SIHI.
Products
[edit ]Flowserve comprises over 48 fluid motion and control products. They are in alphabetical order:
ACEC Centrifugal, Accord, Aldrich, Anchor Darling, Argus, Atomac, Automax, BW Seals, Byron Jackson, Cameron, Calder, DuraClear, Durametallic, Durco, Edward, Five Star Seals, Flowserve, IDP, Innomag, Interseal, Jeumont-Schneider, Kammer, Limitorque, Logix, McCANNA/MARPAC, NAF, NAVAL, Noble Alloy, Norbro, Nordstrom, PMV, Pac-Seal, Pacific, Pacific Wietz, Pleuger, Polyvalve, Schmidt Armaturen, Scienco, Serck Audco, Sier-Bath Rotary, SIHI (Siemen & Hinsch), TKL, United Centrifugal, Valtek, Valtek EMA, Vogt, Western Land Roller, Wilson-Snyder, Worcester Controls, Worthington
Acquisitions
[edit ]Flowserve has grown through mergers and acquisitions.
Acquisitions under Flowserve Corporation
[edit ]- 1997 - Merger of BW/IP and Durco International (adoption of brand name Flowserve)
- 1997 - Stork Engineered Pumps
- 2000 - Ingersoll-Dresser Pumps (IDP)
- 2000 - Innovative Valve Technologies Inc. (Houston-based maintenance, repair, and replacement services for industrial valves, piping systems, and process system components[13] )
- 2002 - Flow Control division of Invensys (manufacturer of valves, actuators and associated flow control products[14] )
- 2004 - Thompsons Kelly & Lewis [15] (Australian supplier of centrifugal pumps[16] )
- 2005 - Interseal assets (from Australia-based Ludowici Mineral Processing Equipment Pty Ltd.[17] )
- 2006 - HydroTechnik (privately held mechanical seal manufacturer based in Olomouc, Czech Republic [18] )
- 2007 - MF Sealing Systems (British industrial pump and seal repairer[19] )
- 2009 - Calder AG (Swiss desalination energy-recovery system provider[20] )
- 2010 - Valbart Srl (privately owned Italian valve manufacturer[21] )
- 2011 - Lawrence Pumps Inc. (privately held centrifugal pumps manufacturer[22] )
- 2013 - Audco India Limited (MMN PLANT[23] )
- 2013 - Innomag Sealless Pumps [24]
- 2015 - Sihi Group [25]
- 2024 - MOGAS (specialized valve manufacturer)[26]
Industries served
[edit ]- Oil and gas: production, refining, pipeline, gas processing
- Power generation: nuclear power, combine cycle, conventional boiler, renewable water energy
- Chemical processing: acid transfer, caustic and chlor-alkali, pharmaceuticals, polymers, slurry processing, solvents, volatile organic compounds, waste processing, auxiliary
- Water resources: water supply and distribution, water treatment, desalination, flood control, ground water development and irrigation, wastewater collection and treatment, snowmaking
- General industry: mining, primary metals, pulp and paper
Educational services
[edit ]Flowserve has five training centers, catering for students from around the world, in Irving, Texas; Kalamazoo, Michigan; Houston, Texas, Baton Rouge, Louisiana; and Desio, Italy. The learning resource center in Irving occupies 24,000 square feet (2,200 m2) with classrooms, static labs, and power labs with complete pumping systems.[27] The LRC in Italy is the most recent, opening on April 20, 2010.[28]
Environmental efforts
[edit ]To support the Hurricane Katrina disaster relief, Flowserve donated 50,000ドル and matched up to 50,000ドル in employee donations to the Red Cross.[29]
See also
[edit ]References
[edit ]- ^ a b c d e f "FLOWSERVE CORP 2013 Annual Report Form (10-K)" (XBRL). United States Securities and Exchange Commission. February 18, 2014.
- ^ "Flowserve Corp 2011 Annual Report - Form 10-K - February 22, 2012". secdatabase.com. Retrieved 2012年05月16日.
- ^ a b "FLOWSERVE CORP 2014 Q1 Quarterly Report Form (10-Q)" (XBRL). United States Securities and Exchange Commission. April 23, 2014.
- ^ "Flowserve". Fortune. Archived from the original on 2019年05月25日. Retrieved 2019年02月05日.
- ^ Reidy, R. (29 June 2006). Profile of the International Pump Industry: Market Prospects to 2010. Elsevier. pp. 115–. ISBN 978-1-85617-487-9 . Retrieved 26 October 2012.
- ^ "About Company | About Flowserve | Flowserve". www.flowserve.com. Retrieved 2018年04月10日.
- ^ 2007 Winner Profile Flowserve Corporation, CIO Magazine, 21 August 2007. (Archived June 2, 2013, at the Wayback Machine)
- ^ Roberts, Gwilym (1 January 2006). Chelsea to Cairo-- 'Taylor-Made' Water Through Eleven Reigns and in Six Continents: A History of John Taylor & Sons and Their Predecessors. Thomas Telford. pp. 8–. ISBN 978-0-7277-3411-2 . Retrieved 26 October 2012.
- ^ "Flowserve.com". Archived from the original on 2010年02月12日. Retrieved 2010年07月16日.
- ^ "MF Flowserve.com". Archived from the original on 2011年01月07日. Retrieved 2010年07月16日.
- ^ "Flowserve.com". Archived from the original on 2010年12月27日. Retrieved 2010年07月16日.
- ^ "Flowserve.com". Archived from the original on 2010年12月27日. Retrieved 2010年07月16日.
- ^ Brown, Alan S. (2000年01月12日). "Flowserve Restructures, Acquires Innovative Valve Technologies". Pharmaceutical Online. Retrieved 2017年08月23日.
- ^ "Flowserve to acquire Invensys' Flow Control Division". www.mdm.com. 2002年03月25日. Retrieved 2017年08月23日.[permanent dead link ]
- ^ Moore, Robert (2015年12月29日). "Kelly & Lewis: an Australian pumping legend". pumpindustry. Retrieved 2017年08月23日.
- ^ "Flowserve acquires rest of Thompsons, Kelly & Lewis". Control Engineering . 2004年03月09日. Retrieved 2017年08月23日.
- ^ "Flowserve to acquire Interseal assets of Australian company". www.waterworld.com. 2005年03月22日. Retrieved 2017年08月23日.
- ^ "Flowserve Acquires HydroTechnik Olomouc". Rigzone. 2006年06月20日. Retrieved 2017年08月23日.
- ^ "Flowserve buys UK ́s MF Sealing". utech-polyurethane.com. 2007年07月24日. Retrieved 2017年08月23日.
- ^ "Calder bought by Flowserve". Water, Desalination + Reuse. 2009年04月21日. Retrieved 2017年08月23日.
- ^ "Flowserve buys Italian valve manufacturer Valbart". www.worldpumps.com. 2010年07月16日. Archived from the original on 2017年08月23日. Retrieved 2017年08月23日.
- ^ "Flowserve buying Lawrence Pumps". NewsOK . 2011年10月04日. Retrieved 2017年08月23日.
- ^ "L&T completes acquisition of Audco India Limited - Valve World". www.valve-world.net. Archived from the original on 2020年06月26日. Retrieved 2020年06月24日.
- ^ "Flowserve Acquires Innovative Mag-Drive, LLC". finance.yahoo.com. Retrieved 2020年06月24日.
- ^ "Flowserve Completes the Acquisition of SIHI Group | ARC Advisory Group". www.arcweb.com. Retrieved 2020年06月24日.
- ^ "Flowserve to Acquire Valve Manufacturer MOGAS". www.valvemagazine.com. 2024年08月14日. Retrieved 2024年11月01日.
- ^ "Flowserve in Russia" . Retrieved 2014年10月04日.
- ^ "Flowserve Opens New State-of-the-Art Learning Resource Center in Desio, Italy". Archived from the original on 2016年03月05日. Retrieved 2012年10月26日.
- ^ Major companies -- including Home Depot and Ford -- pledge millions to hurricane relief efforts.
External links
[edit ]- Official site
- Business data for Flowserve: