Dresser-Rand Group Inc., a global supplier of high-speed rotating equipment and service solutions, announced that it closed the previously announced acquisition of Synchrony, Inc., for approximately $50 million net of cash acquired. The agreement includes the potential for additional consideration of up to a maximum of $10 million tied to technical milestones and to business performance.
Sales of industrial valves will exceed $53 billion in 2012 according to the latest updates in the McIlvaine report titled Industrial Valves: World Markets.
For the first time, comprehensive greenhouse gas (GHG) data reported directly from large facilities and suppliers across the country are now easily accessible to the public through EPA’s GHG Reporting Program. The 2010 GHG data includes public information from facilities in nine industry groups that directly emit large quantities of GHGs, as well as suppliers of certain fossil fuels.
ITT Corporation announced that it has elected Orlando D. Ashford to its Board of Directors. Ashford, 43, is senior vice president, chief human resources and communications officer for Marsh & McLennan Companies.
Anvil International, a manufacturer of pipe fittings, pipe hangers and piping support systems in the world, announced the promotion of Brandon Gunnell to director of marketing. Anvil International is a subsidiary of Mueller Water Products Inc. (NYSE:MWA), a leading North American provider of water infrastructure products and services.
