Flowserve
#2044
Rank
$7.63B
Marketcap
United States
Country
Mr. Robert Scott Rowe (Pres, CEO & Director)
Ms. Amy B. Schwetz (Sr. VP & CFO)
Mr. Keith E. Gillespie (Sr. VP & Chief Sales Officer)
Summary
History
Flowserve heritage dates back to the 1790 founding of Simpson & Thompson by Thomas Simpson, later to become Worthington Simpson Pumps, one of the companies that became part of BW/IP. The company was created in 1997 with the merger of two fluid motion and control companies: BW/IP and Durco International.
Acquisitions include HydroTechnik Olomouc in 2006, Sealing Systems in 2007, Calder AG in 2009 and Valbart Srl in 2010. In October 2011 Flowserve acquired Lawrence Pumps Inc. In March 2013 acquired a manufacturing plant from L&T Valves situated in Maraimalainagar, Tamil Nadu. In 2015 Flowserve acquired SIHI.
Products
Flowserve comprises over 48 fluid motion and control products. They are in alphabetical order:
ACEC Centrifugal, Accord, Aldrich, Anchor Darling, Argus, Atomac, Automax, BW Seals, Byron Jackson, Cameron, Calder, DuraClear, Durametallic, Durco, Edward, Five Star Seals, Flowserve, Gestra, IDP, Interseal, Jeumont-Schneider, Kammer, Limitorque, Logix, McCANNA/MARPAC, NAF, NAVAL, Noble Alloy, Norbro, Nordstrom, PMV, Pac-Seal, Pacific, Pacific Wietz, Pleuger, Polyvalve, Schmidt Armaturen, Scienco, Serck Audco, Sier-Bath Rotary, TKL, United Centrifugal, Valtek, Valtek EMA, Vogt, Western Land Roller, Wilson-Snyder, Worcester Controls, Worthington
Acquisitions
Flowserve has grown through mergers and acquisitions.
Acquisitions under Flowserve Corporation
1997 - Merger of BW/IP and Durco International
1997 - Stork Engineered Pumps
2000 - Ingersoll-Dresser Pumps
2000 - Innovative Valve Technologies Inc.
2002 - Flow Control division of Invensys
2004 - Thompsons Kelly & Lewis
2005 - Interseal assets
2006 - HydroTechnik
2007 - MF Sealing Systems
2009 - Calder AG
2010 - Valbart Srl
2011 - Lawrence Pumps Inc.
2013 - Audco India Limited
2013 - Innomag Sealless Pumps
2015 - Sihi Group
Mission
Vision
Key Team
Ms. Elizabeth L. Burger (Sr. VP & Chief HR Officer)
Ms. Tamara M. Morytko (Pres of the Flowserve Pumps Division)
Mr. John E. Roueche III (VP of Investor Relations & Treasurer)
Mr. Scott K. Vopni (VP & Chief Accounting Officer)
Ms. Susan Claire Hudson (Sr. VP, Chief Legal Officer & Corp. Sec.)
Ms. Tauseef Salma (VP of Marketing & Technology)
Mr. Lars E. Rosene (VP of Corp. Communications & Public Affairs)
Recognition and Awards
References
https://en.wikipedia.org/wiki/Flowserve
https://in.investing.com/equities/flowserve-corp
https://finance.yahoo.com/quote/FLS/profile?p=FLS
https://www.comparably.com/companies/flowserve/mission
https://www.crunchbase.com/organization/flowserve
https://sec.report/CIK/0000030625
Mr. Robert Scott Rowe (Pres, CEO & Director)
Ms. Amy B. Schwetz (Sr. VP & CFO)
Mr. Keith E. Gillespie (Sr. VP & Chief Sales Officer)