Last updateTue, 25 Feb 2020 5pm

Metso Proposes Moisio as Future Neles Chairman

The shareholders’ nomination board of Metso Corporation proposes the election of Jukka Moisio as chairman of the board of directors of the future Neles Corporation. Jukka Moisio has previously served as CEO of Huhtamäki Oyj and Ahlstrom Oyj, in addition to many other management positions at Ahlstrom Oyj.

The future Neles Corporation is planned to be created in a partial demerger of Metso, in which Metso’s minerals business would combine with Outotec to create Metso Outotec. Simultaneously, Metso’s flow control business would become the continuing business of the currently listed Metso, and subsequently renamed Neles.

Baker Hughes to Expand with New Facility in Saudi Arabia

Baker Hughes broke ground on its first chemicals manufacturing facility in Saudi Arabia. The company held a ground-breaking ceremony at the facility’s PlasChem Park location in Jubail to celebrate the milestone and formalize an agreement with Sadara Chemical Company to supply the facility with feedstock chemicals.

The manufacturing facility will deliver the company’s full portfolio of chemical services and technology solutions for the hydrocarbon production, transmission, processing and petrochemical industries. Employees will also collaborate with researchers and subject matter experts at the Baker Hughes Dhahran Technology Center to address region-specific chemicals challenges and deliver value-added solutions to customers.

Former Flowserve CEO Joining Emerson Board

The Emerson board of directors has elected Mark Blinn, the former president and chief executive officer of Flowserve Corporation, as an independent director.

Blinn has more than 20 years of experience operating multi-industrial businesses in senior executive roles, as well as significant legal expertise and board experience, including as a lead independent director and audit committee chair.

Emerson’s board is now comprised of 11 directors, 10 of whom are independent.

DeZURIK Replaces Half-Century Old Tool for Local Students

A shop tool from the original Sartell High School is again ready to serve students. The machine, a vertical mill, was in relative disrepair until DeZURIK stepped up and paid for a technician to repair and upgrade the machine.

In addition to returning the tool to working order, a digital screen was added. The addition allows for accuracy to the 1,000th of an inch to be seen on a digital screen instead of reading a dial.

Other than the digital screen, the basic machine design has not changed much in 50 years, according to technology education teacher Nick Phillips. A new machine costs about $18,000.

Hunt Valve Completes Acquisition of Pima Valve

Hunt Valve Company has completed its acquisition of Pima Valve. Located in Chandler, AZ, Pima Valve supplies severe-duty bronze marine valves. The company also has a large variety of special bronze and alloy steel products that meet specific performance requirements for U.S., Canadian and NATO-friendly Navy ships and commercial marine applications.


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