Flowserve

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Flowserve Corporation

logo
legal form Corporation
ISIN US34354P1057
founding 1997
Seat Irving , Texas , United StatesUnited StatesUnited States 
management Scott Rowe (CEO)
Number of employees 19,000
sales 4,561,000,000 US dollars
Branch Fluid technology
Website www.flowserve.com
As of December 31, 2015

The Flowserve Corporation is a listed supplier of pumps, valves, seals and services for power generators as well as the oil and gas industry, based in Irving , Texas. The group employs 16,000 people in more than 50 countries worldwide.

history

Flowserve was formed in 1997 through the merger of BW / IP and Durco International; however, history goes back to 1790 with the original founding of Simpson & Thompson (later Worthington Simpson Pumps), one of the predecessors of the BW / IP company. More recent acquisitions are u. a. Invensys Flow Control in 2002, Thompsons Kelly & Lewis in 2004, and Interseal in 2005.

Flowserve in Germany

Flowserve generates around 9% of its total sales in Germany. Flowserve has approx. 1400 employees in Germany. a. in the Ahaus, Dortmund, Essen, Ettlingen, Leuna and Itzehoe locations.

Flowserve SIHI Germany GmbH is based in Itzehoe. Sterling SIHI GmbH (founded in 1920) was taken over by the Flowserve Group at the beginning of 2015 and employs a little over 500 people.

Flowserve in Austria

In June 2018, the end of the year pump production in Brunn am Gebirge was announced. A competence center and thus 60 of the previous 186 positions are to be retained. The operationally separate production site for control and shut-off valves in Villach, with its 250 employees, is not affected by these measures.

Competitors

When it comes to pumps, Flowserve competes with Sulzer , Ebara Corporation , SPX Corporation , EagleBurgmann , John Crane ( Smiths Group ) and the Weir Group . When it comes to industrial valves , the biggest competitors are Pentair , Cameron International , Emerson Electric , General Electric and the Crane Company .

Individual evidence

  1. [1]
  2. a b c Form 10-K 2015
  3. Flowserve Corporation History in Funding Universe
  4. 6:05 am, July 17, 2018: Villach: Flowserve: 250 employees should keep their jobs. July 17, 2018, accessed January 9, 2019 .