Last updateThu, 19 Sep 2019 4pm

Champion Valves Purchased by US Valve LLC

Champion Valves Inc. has been acquired by US Valve LLC, a division of Airtech USA. Champion will continue to operate as it has in the past, including doing business under the Champion name. Gary and Linda Spangler will continue to oversee Champion Valves Inc. while transitioning responsibility to Steve Lovell, president of US Valve, going forward.

Emerson Opens New Cybersecurity Lab

Emerson opened its newest cybersecurity lab to help manufacturers adopt digital transformation strategies, while protecting the integrity of their plant operations, networks, systems and data. The facility, part of Emerson’s larger global cybersecurity network, reinforces Emerson’s commitment to offer the most advanced automation solutions to its customers worldwide. This latest addition to Emerson’s global network of cybersecurity facilities is located at the Emerson Innovation Center in Pune, India.

John H. Carter Co. Joins Valve Repair Council

This week, VMA’s Valve Repair Council (VRC) welcomes John H. Carter Company into its ranks. This is the second new VRC member in 2019.

John H. Carter is a manufacturer’s representative and distributor of industrial equipment in the Gulf Coast states of Louisiana, Arkansas, Mississippi, Alabama and the Florida Panhandle. With twelve facilities and approximately 500 employees, John H. Carter Company is the largest operation of its kind on the Central Gulf Coast.  

Richards Industries Acquired by Astor Place Holdings

Astor Place Holdings, the private investment arm of Select Equity Group, L.P., has acquired substantially all of the assets of Richards Industries, Inc. Terms of the transaction were not disclosed.

CEO Bruce Broxterman and the management team will remain in their current roles. Astor Place Senior Advisor Jim Graner will assume the role of non-executive Chairman of the Board. Graner brings over 40 years of experience in the flow control sector and was most recently the CFO of Graco, Inc.

Metso Expands its Valve Distributor Network in Europe

Metso signed new distributor agreements in eight European countries for its valve business during the first half of 2019. The new agreements help to further expand the coverage of Metso’s valve offering in various customer industries. Depending on the country, the distributors serve process industries, such as refineries, petrochemical, chemical, fertilizer, steel, bioenergy, food, power, pulp & paper and wastewater. Some of the distributors also provide service support for Metso valves and valve controls.

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