07302021Fri
Last updateThu, 29 Jul 2021 9pm

Neles Acquiring Valve and Pump Businesses of Flowrox

Neles has signed an asset purchase agreement to acquire the valve and pump businesses of the Finland-based technology company Flowrox. The acquisition will complement Neles' offering and exposure to the mining and metals industry.

The mining and metals market is expected to have strong short- and mid-term growth for the next decade, driven by the increasing demand for metals, ore depletion and underlying investments into more efficient processing. With good long-term fundamentals, service intensity and a different cyclical nature balancing out cycles from currently served industries, mining and metals is an attractive industry for Neles. The acquisition will enable Neles to better leverage growth opportunities in minerals processing applications. 


AIV LP Acquires RW Flow Controls, Inc.

AIV LP has acquired RW Flow Controls, Inc. effective immediately. Founded in 1989 by Tom Wheatley III, RW Flow Controls, Inc. is a master distributor for Cameron products and caters to all wholesale distributors in North America.

RW Flow Controls, Inc. will begin the transition and consolidation of inventory and personnel into the AIV global headquarters within a six-month time frame. 

Emerson Sponsors Texas Rocket Engineering Laboratory

Emerson is sponsoring the Texas Rocket Engineering Laboratory (TREL) in the Cockrell School of Engineering at The University of Texas at Austin. Emerson will donate TESCOM regulators that students from this interdisciplinary research lab will use to fabricate TREL’s historic Halcyon rocket.

More than twice the length of average collegiate rockets, the Halcyon rocket has a launch goal that’s 338,000 feet higher than the current record for a bipropellant liquid propulsion rocket. More than 300 TREL engineers and aerospace pioneers have worked on the project since rough sketches began two years ago. 

Flow-Tek Signs Master Distribution Agreement with Macomb Group

Flow-Tek announces that Macomb Group in Sterling Heights, MI has been appointed as the new Series M4 Severe Service Ball Valve Master Distributor and Center of Excellence for the Midwest. The Series M4 is specifically designed for Vent, Drain & Isolation applications for the Power Industry and are available in sizes 1/2" - 4" NPS, in materials including A105, F22, and F91/92. They are available with end connections in socket weld, butt weld, flanged in addition to special requirements. The Macomb Group will stock inventory of the M4 Severe Service Ball Valve for quick delivery.

“This is an MRO quick shipment program to support the end user immediate needs and outages related applications for the MRO Power Generation Market. The Macomb Group will be a tremendous contributor toward reliable plant operations through reduction in spares inventory, increased personnel safety, and the recuperation of the lost megawatts through leaking valves.” – Bill Henwood, Vice President of Sales. 

Curtiss-Wright Developing New Technology for Advanced Nuclear Reactors

Curtiss-Wright has been selected to participate in Project SAFARI, a U.S. Department of Energy-funded project to develop Digital Twin technology for advanced nuclear reactors. Project SAFARI is one of nine initiatives under the Generating Electricity Managed by Intelligent Nuclear Assets (GEMINA)program sponsored by the Advanced Research Projects Agency-Energy (ARPA-E). ARPA-E GEMINA projects aim to transform operations and maintenance systems in the next generation of nuclear plants through the development of specialized Digital Twin technology.

For Project SAFARI, Curtiss-Wright will collaborate with a multidisciplinary team – comprised of the University of Michigan, Idaho National Laboratory, Argonne National Laboratory, and Kairos Power – to develop Digital Twin technology that would allow new nuclear power plants to be constructed and operated more efficiently for increased reliability, safety, and cost savings.  

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