Flowserve Corporation Inc. was formed in 1997 through the union of two companies- Durco International and BW/IP Inc. It had recorded sales of US$ 2.69 billion during the year 2005. Organisation operates in 56 countries with the number of employees exceeding 14,000.
Their main business is the manufacture of engineered and industrial pumps, industrial valves, control valves, nuclear valves, valve actuators, controls and precision mechanical seals. It also has a service repair division which provides after installation repairs and related services.
Flowserve has grown tremendously in the global arena due to its strategy of consolidation. It has made many acquisitions; to name a few, it purchased Innovative valve technologies in 1999, Ingersoll - Dresser pumps in 2000 and the flow control division of Invensys Plc. of UK in 2002.
Flowserve own a number of brands including Valtec (valves), Durco (pumps) and GASPAC (seals). They supply to customers based in 70 countries worldwide, the main industries served are power generation, oil and gas, water, mining, pharmaceutical and chemical processing.
For further information on Flowserve, please visit www.flowserve.com
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