Industry News

What’s happening and hot in the valve and actuation industry? Mergers and acquisitions, promotions, interesting development in end-user sectors, new project deals and so on.

Emerson and Armexa Collaborate on Cybersecurity Services

Emerson and Armexa have collaborated to provide users of Emerson’s DeltaV a global suite of operational technology (OT) cybersecurity services.

ITT Acquires SPX FLOW; Expands Support in Components and Flow Technologies

ITT Inc. has entered into a definitive agreement with Lone Star Funds to acquire SPX FLOW for a consideration of $4.8 billion.

Severe Service Valves – An Important Revenue Source

The severe service valve market exceeds $10 billion per year and is growing at a rate faster than the general valve market.

Canadian Government Announces Energy Agreement with the Province Alberta

Prime Minister Mark Carney and Premier Danielle Smith signed a MOU to strengthen federal-provincial collaboration in the energy sector.

Valmet Increases Latin America Presence with New Site in Brazil

Valmet has expanded its Latin American operations with the  building of a new facility in Sorocaba, São Paulo.

DXP Enterprises Acquires Triangle Pump & Equipment

DXP Enterprises Inc. has acquired Triangle Pump & Equipment Inc. with signing of the agreement taking place early November.

IMI Expands NEON Sonic Sensor Range for Steam Trap Monitoring

IMI’s NEON sound and temperature sensor is designed for the acoustic wireless monitoring of steam traps and pressure/safety relief valves.

PSB Industries’ Oxygen and Moisture Removal Systems Serve Diverse Applications

PSB Industries’ Oxygen and Moisture Removal system is engineered to optimize product quality and reliability for a variety of gas applications.

Neway Exemplifies its Plant Safety Measures

Neway Valve verified its overall safety management system after successfully executing a comprehensive fire safety evacuation drill late November.

Cla-Val Promotes Jake Corzine to National Sales Director

The Cla-Val company has appointed Jake Corzine as Sales Director for the Americas. Corzine will oversee the U.S., Canada, and Latin America, managing a team of more than 60 people.