Last updateFri, 11 Jun 2021 4pm

Parker Hannifin Reports Fiscal 2009 Full Year and Fourth Quarter Sales

Fiscal 2009 sales for Parker Hannifin were $10.3 billion, a decline of 15.1 percent from $12.1 billion in the previous year.


In the Climate & Industrial Controls segment, fourth-quarter sales declined 34.6 percent to $189.2 million, and the segment recorded an operating profit of $0.9 million, compared with an operating profit of $20.3 million in the same period a year ago.


Source: Parker Hannifin


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Flowserve Receives Orders of Over $45 Million to Supply Valves for Four Westinghouse Nuclear Power Units in U.S.

Flowserve Corp. announced it has received more than $45 million in orders from Westinghouse Electric Co. for four AP1000TM units at two new nuclear power plant sites under construction in the United States.


Awarded in the third quarter, Flowserve will provide critical safety-related valves, electric motor actuators, and non-safety-related control, ball and plug valves for the Westinghouse AP1000TM nuclear power plants.


Source: Flowserve


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Tyco Flow Control Reports Third Quarter Earnings

In Tyco’s Flow Control division, revenue of $954 million declined 16%, primarily due to changes in foreign currency rates, with an organic revenue decline of 5%. The Valves business grew 2% organically, which was offset by a 13% organic revenue decline in Water and a 14% organic revenue decline in the Thermal Controls business.


Source: Tyco


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