Last updateFri, 24 Jan 2020 7pm

Explosion at Watson Grinding and Manufacturing Claims Two Lives

At approximately 4:25 am on January 24, 2020, an explosion at Watson Grinding and Manufacturing rocked NW Houston and could be heard from as far as 30 miles away. Two people are confirmed dead as of right now, though it’s not clear if they are Watson employees.

According to Houston police, about 200 homes near the site report some level of damage.

Metso Centralizing European Warehouse Operations

As part of its global distribution and logistics footprint development, Metso is initiating consultations to evaluate the potential centralization of its warehousing operations in Europe.

During the consultations, Metso will evaluate the different options related to the continuation of its current warehouse operations in nine locations in Norway, Sweden, the UK, France, Spain, Czech Republic, Turkey and Russia. The consultations affect approximately 40 employees and are related only to the warehouse operations.

Crane Co. Acquires CIRCOR Instrumentation & Sampling

On Dec. 30, 2019, CIRCOR reported that it's agreed to sell CIRCOR Instrumentation & Sampling to Crane Co. The transaction is expected to close early in the first quarter of 2020 and the complete transition will take place in the following months. CIRCOR Instrumentation & Sampling brands included in the sale include Hoke valves, Gyrolok fittings, Go regulators, CircorTech sample-conditioning products, Texas Sampling and Dopak sampling systems.

DistributionNOW Appoints Dick Alario as Interim CEO

NOW Inc. announced that its board of directors has appointed Dick Alario as interim CEO, replacing Robert Workman. Workman will no longer serve on the company’s board. The DistributionNOW board is in the process of engaging a search firm to assist with the recruitment of a full-time CEO. Alario has asked that he not be considered for the full-time CEO position.

Alario has served as a member of DistributionNOW’s board since the company’s spinout from National Oilwell Varco in May 2014, and he will remain a director while he serves as the company’s interim CEO. Alario has worked in the oilfield services industry for almost the entirety of his 43-year professional career. Most recently, he served as CEO and a board director of Key Energy Services.

Flowserve Appoints Amy Schwetz as CFO

Flowserve Corporation has appointed Amy B. Schwetz as senior vice president and chief financial officer, effective February 24, 2020. Schwetz joins Flowserve having been the executive vice president and chief financial officer at Peabody. She also serves on the board of directors for Dril-Quip, Inc.


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