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Last updateMon, 01 Mar 2021 7pm

Emerson Invests in Fluxa

Emerson has made an equity investment in Fluxa, whose Process & Knowledge Management software manages product and process specifications throughout the drug development lifecycle. The investment will build on Emerson’s life sciences capabilities and help Fluxa expand its technology development and commercial pipeline. Fluxa was founded in 2017 by Sudheesh Narayanan, Suraj Pai and John Miller. The company is based in Glendale, CA. The terms of the investment were not disclosed.

The emergence of COVID-19 has sparked innovation in the life sciences manufacturing development process, as a cycle that previously required over eight years was completed in less than 18 months through expedited research and development and automation technologies, including those offered by Emerson. This acceleration and its possibilities for the industry have made technology transfer – critical to move quickly from R&D to production – a main priority for life sciences companies. 


Southeast Valve Enters New Agreement with BHDT

BHDT has entered into a cooperation agreement with Southeast Valve Inc. (SVI). As a result of this agreement, SVI is now the only authorized repair facility for BHDT products in the U.S. and Canada. SVI will perform the service of BHDT products either with spares supplied by the clients along with the goods or with original spare parts from BHDT.

SVI is based in Pineville, NC and has been under the same ownership and corporate structure since 1993. BHDT, based in Austria, was founded in 1958 as “BÖHLER Hochdrucktechnik.” 

Baker Hughes Signs Agreement to Acquire ARMS Reliability

Baker Hughes is acquiring ARMS Reliability. The acquisition deepens Baker Hughes’ industrial asset performance management (APM) capabilities and will expand the company’s industrial asset management offerings. The acquisition is expected to close in the second quarter of 2021.

ARMS Reliability's global customer base has strong adoption in the U.S. and Australia, and the agreement is expected to drive strong growth in APM adoption in other geographic markets. 

Emerson Announces Leadership Changes

bulanda markEmerson has announced that Ram Krishnan, who leads final control for Emerson, has been named executive vice president and chief operating officer. Mark Bulanda, who currently serves as senior vice president of planning and development, will become the new executive president of Automation Solutions. Steve Pelch, who has served as executive vice president and COO since 2018, will leave the organization to pursue other opportunities. 

Victaulic Acquires Waupaca Foundry’s Manufacturing Facility

Victaulic has purchased a 220,000 square foot Waupaca manufacturing plant in Lawrenceville, PA. When operating at full capacity, the facility will increase Victaulic’s foundry production capacity by 70% in the U.S. and allow for future growth as Victaulic’s business demands increase. The facility, including two foundry molding lines, will also enable Victaulic to produce larger scale products.

The company is also nearing the completion of an additional 400,000 square foot light assembly operations facility in Lower Nazareth, PA, which is expected to be fully operational in 2021. 

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