Industry News

Moog Industrial Group, a part of Moog Inc., based out of East Aurora, New York, has opened a new purpose-built production facility in Tewkesbury, Gloucestershire, UK. The new facility will support existing high performance motion control engineering, design, manufacturing and service both globally as well as in the UK.

Based in Charlotte, North Carolina, SPX Flow is a supplier of highly engineered flow components, process equipment and turn-key systems, including valves, to the food and beverage, power and energy, and industrial end markets.

American multinational chemical corporation, Dow Chemical Co. is in late-stage talks to merge with DuPont Co., which provided solutions in the chemical industry, including valve solutions. This would mark one of the largest deals in the chemical industry to date.

Innovyze, a global innovator of business analytics software and technologies for smart wet infrastructure, recently announced that Champlain Water District (CWD), Vermont, has chosen the company’s industry-leading and award-winning InfoWater to support its master planning effort.

Master-Bilt, manufacturer of a full line of commercial refrigeration equipment, has introduced its new Alternative Industrial Refrigerant (AIR) Initiative which outlines the use of hydrofluoroolefin (HFO) blended refrigerants and foaming agents to meet the U.

Technetics Group, a global manufacturer of engineered components, seals, assemblies and sub-systems for critical applications, including valve applications, received a platinum and two gold awards at the 2015 MarCom Awards, an international competition for marketing communications professionals.

Antares Capital and American Capital have arranged for USD $170 million in financing to support the acquisition of Kele Inc. by Snow Phipps Group LLC. Kele is a distributor of peripheral control products, including control valves, used in industrial and commercial building automation systems.

CIRCOR Energy has announced that KF Valves, a CIRCOR business located in Oklahoma City, has expanded its capability to manufacture stem extensions and reduce lead times to better serve buried or underground pipeline demands for customers.

Airgas recently agreed to be acquired by French competitor Air Liquide for USD $143 a share, over 100% higher than the 2011 offer it fended off. The cash deal values Airgas at $13.4 billion when including its outstanding debt, and brings together two complementary businesses.

IMMI Turbines, a manufacturer of rotating equipment and services, including valve and pipe skids, generators, compressor, pumps and more, has announced that it will build a $3.2 million heat and power generation plant in Mason City, Iowa.