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.

City Approves Economic Development Agreement for Emerson Expansion

The Round Rock Metropolis Council accredited an economic incentive arrangement on Thursday, Feb. 24, with Emerson that will consequence in $9 million in new expense and at minimum 50 new careers made. 

New Alfa Laval ThinkTop Pulse Seat Clean for Drain Valves Saves Up to 95%...

Drain valves comprise up to 20% of all valves in a typical processing plant. But cleaning them is costly, difficult and time-consuming due to long cleaning cycles and the risk of pressure shocks. The new Alfa Laval ThinkTop pulse seat clean addresses all these issues, quickly and effectively making drain valves spotless while delivering savings of up to 95% in Cleaning-in-Place (CIP) liquid.

Harbour Group’s Marshall Excelsior Acquires Xanik

Marshall Excelsior Company, a Harbour Group company, has acquired Xanor de Mexico ("Xanik"), Jeff Fox, Harbour Group's chairman and chief executive officer, announced.  Terms of the transaction were not disclosed.

Helios Technologies Nominates Diana Sacchi to Board of Directors

Helios Technologies, Inc., a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced today that the Board of Directors has nominated Diana Sacchi to stand for election as a Director at the Company’s 2022 Annual Meeting. The Company also announced that Marc Bertoneche, PhD, plans to retire from the Board effective at the Annual Meeting and therefore will not seek nomination. He has served on Helios’ Board of Directors since 2001.

Baker Hughes Announces Major Turbomachinery Order for Venture Global LNG’s Project

Baker Hughes has been awarded a contract and granted notice to proceed by Venture Global LNG to provide a liquefied natural gas (LNG) system for the first phase of the Plaquemines LNG project in Louisiana.

Aliaxis and HydroPoint: Joining Forces for Smarter Water Management

Aliaxis, a world leader enabling access to water and energy through inventive fluid management solutions, and HydroPoint, a smart water management company focusing on innovative water solutions for the last mile, have today signed a strategic investment and collaboration agreement.

Great Lakes Process Controls, Inc. Joins Acquisitions by Allied Valve, Inc

Allied Valve has expanded its array of brands you know and service you can trust with its latest acquisition, Great Lakes Process Controls, Inc. Great Lakes, along with JMI Instrument Company, Power Specialties, Inc., and PROMAC, Inc., have merged together to form Allied Instrumentation.

Kelso Technologies Inc. Announces Angle Valve Service Trials Update

Kelso Technologies Inc. reports that all the participating oil refiners engaged in the service trials of the Company’s new 2” angle valve (K2AV) have successfully installed the requisite number of K2AV units and full AAR compliance testing continues. The Kelso K2AV is a device specifically designed to transfer LP-Gas and anhydrous ammonia in pressurized railroad tank car applications.

Relevant Industrial Reaches Agreement to Purchase Rawson/IDC, Inc.

Relevant Industrial, LLC (Relevant), a leader in value-added distribution and service for instrumentation and automation, rotating equipment, valve, purification, and thermal equipment solutions, announced the signing of an agreement to acquire Rawson/ICD, Inc., headquartered in Houston, TX. As part of the overall transaction, Rawson/ICD’s commercial building automation team will be acquired by Building Controls & Solutions, headquartered in Dallas, TX. Over the past 65 years, Rawson / ICD has become a trusted source for valves and valve automation, instrumentation, process control systems (PCS), steam solutions, commercial building controls, and process measurement. The transaction is expected to close in the coming weeks, following customary pre-closing approvals and minimal closing conditions. 

Schlumberger’s Deployment of Reservoir Engineering Digital Solutions for Global Customer

Schlumberger announced an enterprise-wide deployment of the cloud-based DELFI* cognitive E&P environment for ConocoPhillips. ConocoPhillips will use Schlumberger digital solutions enabled by the DELFI environment to bring its reservoir engineering modeling, data and workflows to the cloud.