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Flowserve

Flowserve Corporation
Public
Traded as FLS
S&P 500 Component
Industry Diversified machinery
Founded 1790
Headquarters Irving, Texas, USA
Key people
Rowe, R. Scott, President and CEO (from April 1, 2017)
Thomas L. Pajonas, COO
Carey A. O'Connor, Senior Vice President, Secretary and General Counsel
Products Actuators
Ball valves
Butterfly valves
Control valves
Plug valves
end face mechanical seals
Pumps
Services Power industry
Oil industry
Gas industry
Chemical industry
Revenue
  • Increase US$ 4.88 billion (2015)
  • Increase US$ 4,751.339 million (2012)
  • Increase US$ 760.283 million (2013)
  • Increase US$ 675.778 million (2012)
  • Increase US$ 485.53 million (2013)
  • Increase US$ 448.339 million (2012)
Total assets
  • Increase US$ 7.8 billion (2015)
  • Increase US$ 4,810.958 million (2012)
Total equity
  • Decrease US$ 1,877.121 million (2013)
  • Decrease US$ 1,894.475 million (2012)
Number of employees
~18,000 in 56 countries (2015)
Website www.flowserve.com

The Flowserve Corporation is an American multinational corporation and one of the largest suppliers of industrial and environmental machinery such as pumps, valves, end face mechanical seals, automation, and services to the power, oil, gas, chemical and other industries. Headquartered in Irving, Texas, which is a suburb of Dallas, Texas, Flowserve has over 15,000 employees in 51 countries. Flowserve sells products and offers aftermarket services to engineering and construction firms, original equipment manufacturers, distributors and end users. The Flowserve brand name originated in 1997 with a merger of BW/IP and Durco International.

On August 21, 2007, Flowserve Corporation was recognized by CIO magazine as one of the 2007 CIO 100 Award Honorees.

Flowserve heritage dates back to the 1790 founding of Simpson & Thompson by Thomas Simpson, later to become Worthington Simpson Pumps, one of the companies that became part of BW/IP. The company was created in 1997 with the merger of two fluid motion and control companies – BW/IP and Durco International.

Acquisitions include HydroTechnik Olomouc in 2006, Sealing Systems in 2007, Calder Ag in 2009 and Valbart Srl in 2010. In October 2011 Flowserve acquired Lawrence Pumps Inc. Also in March 2013 it acquired one plant from L&T Valves situated in Maraimalainagar,Tamil Nadu. In 2015 Flowserve acquired SIHI.

Flowserve comprises over 48 fluid motion and control products. They are in alphabetical order: ACEC Centrifugal, Accord, Aldrich, Anchor Darling, Argus, Atomac, Automax, BW Seals, Byron Jackson, Cameron, Calder, DuraClear, Durametallic, Durco, Edward, Five Star Seals, Flowserve, Gestra, IDP, Interseal, Jeumont-Schneider, Kammer, Limitorque, Logix, McCANNA/MARPAC, NAF, NAVAL, Noble Alloy, Norbro, Nordstrom, PMV, Pac-Seal, Pacific, Pacific Wietz, Pleuger, Polyvalve, Schmidt Armaturen, Scienco, Serck Audco, Sier-Bath Rotary, TKL, United Centrifugal, Valtek, Valtek EMA, Vogt, Western Land Roller, Wilson-Snyder, Worcester Controls, Worthington.


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