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.

Helios Technologies Announces Agreement for the Sale of Custom Fluidpower

Helios Technologies has announced a definitive agreement for the sale of Custom Fluidpower (CFP) to Questas Group. 

Valmet Secures Valve Service Agreement with Petrobras

Valmet has signed an agreement with Petrobras to supply spare parts for Neles valves, actuators, and positioners across Petrobras' several operational units.

LESER US is Opening New North Carolina Facility

LESER US, a manufacturer of pressure-relief safety valves, is opening its new 56,000 square-foot facility in Charlotte, North Carolina.

Score Group Teams with asset55 to Streamline Valve Data

Score Group is now collaborating with asset55 Ltd. to organize valve and emissions data in a single location.

Durco’s G4 Sleeveline Valve is Designed for Demanding Chemical Service

FloSource’s Durco G4 Sleeveline valve is engineered to manage corrosive and demanding chemical service applications with a number of design features that will meet the demands of industries nationwide.

New Appointments Strengthen STATS Group Offering

STATS Group has appointed Adam Morrice to Legal and Compliance Director in Aberdeenshire, Scotland, and Vince Kolbuck to Global Engineering Manager in Houston, Texas, U.S.

bp Claims Landmark Discovery in the Bumerangue Block

bp recently announced a major hydrocarbon discovery in the Bumerangue block, marking its largest discovery in 25 years and its 10th to date in the region.

Baker Hughes Finalizes Acquisition of Continental Disc Corporation

Baker Hughes announced the completion of its all-cash, $540 million acquisition of Continental Disc Corporation (CDC).

Armstrong Fluid Technologies Launches Industrial Division

Armstrong Fluid Technologies has combined two of its existing entities, Armstrong Gas Transmission Systems and RMI Pressure Systems, to form a new division, Armstrong Industrial.

Hargrove Controls & Automation Forms a Partnership with ABB

Hargrove Controls & Automation has announced a new partnership with ABB, a global technology leader in automation and electrification.