DALLAS – Flowserve Corporation, a provider of flow control products and services for the global infrastructure markets, announced today that it has signed a definitive agreement to acquire MOGAS Industries, a privately held, Houston-based provider of mission-critical severe service valves and associated aftermarket services for $290 million with a potential $15 million earnout. The Transaction is expected to close in the fourth quarter of 2024.
DUBLIN – The board of directors of intelligent power management company Eaton has named Paulo Ruiz president and chief operating officer of Eaton and a member of the board of directors, effective September 2, 2024. Ruiz will be appointed chief executive officer of Eaton on June 1, 2025. He succeeds Craig Arnold, who will retire on May 31, 2025, having reached Eaton’s mandatory officer retirement age of 65.
DEXTER, Mich. – QED Environmental Systems, Inc., a manufacturer of environmental products and subsidiary of Graco Inc., has appointed Mike Sebion as its new President.
LAWRENCE, Mass. – Asahi/America, Inc. has announced the promotion of Mark Monroe to vice president of sales for the East and Central Regions of the United States, effective as of August 1, 2024.
CHINO, Calif. and TULSA, Okla. – Harrington Process Solutions (“Harrington”), a distributor of industrial flow control products in the United States, has announced the acquisition of Cortrol Process Systems (“Cortrol” or the “Company”).
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ATLANTA, Ga. – The U.S. Environmental Protection Agency announced $34,403,346 in funding for two selected applications to help disadvantaged communities in Alabama and Tennessee tackle environmental and climate justice challenges through projects that reduce pollution, increase community climate resilience and build community capacity.
DENVER, Colo. – The American Water Works Association’s (AWWA) board of directors today selected Cheryl Porter from Detroit, Mich., as the association’s next president-elect.
The board also selected four vice presidents and two directors-at-large during its annual winter meeting in Santa Fe, New Mexico.
MANCHESTER, U.K. – RMI Pressure Systems has appointed Corey Ulrich as sales manager for North America.
According to Joe Keenan, global managing director for Industrial Fluid Flow Solutions at RMI Pressure Systems, the appointment will support the company’s ongoing growth in mining and industrial segments in the United States and Canada.