01282020Tue
Last updateTue, 28 Jan 2020 8pm

Tyco Valve Company Considers Building New $20 Million Facility in Mansfield, MA

Crosby Valves and Controls, a World War II era company based in Wrentham, MA, is intending to expand its pressure valve production and testing facility, and is looking seriously at the now vacant Robert Allen Fabrics building near the Holiday Inn on Cabot Boulevard in the Cabot industrial park.

Crosby, owned by Tyco, creates and tests pressure relief valves that are used in nuclear power production, a growing industry due to the “green” movement.

Source: Mansfield News & Enterprise

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Powercomm Withdraws Takeover Offer for Unified Valve After Due Diligence

PowerComm Inc. said Friday it was cancelling its planned takeover of Unified Valve Ltd. after completing its due diligence.

"Although our strategic plan is for continued growth we must be cognizant of delivering accretive solutions to our shareholders and in the case of Unified Valve Ltd., our companies were unable to agree on revised terms based on the recent economic situation," said Wayne Rutherford, PowerComm's President and CEO.

Source: Canadian Press

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Council to Consider Fisher Proposals

The Marshalltown, IA City Council will consider a couple of requests from Fisher Controls for improvements around the company's property in the downtown area.

Fisher Controls would like to landscape a median area on South Center Street between Boone and Linn streets. This is between their two buildings downtown.

Source: Times-Republican

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Flowserve’s Cookeville Facility Receives Nuclear Quality Assurance Level 1 Qualification

Flowserve Corp. announced that its Cookeville, Tennessee plant has achieved Nuclear Quality Assurance Level 1 qualification.

This qualification enables Flowserve’s valves to be used in the cleanup, or remediation, of contaminated facilities. The contaminants are collected and pumped to facilities where the vitrification process concentrates and fuses the radioactive materials into impermeable glassy solids, which can then be stored safely for thousands of years as the isotopes decay and ultimately become harmless.

Source: Flowserve

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