About the Business ATLAS COPCO … PREMIER … TYCO FLOW CONTROL … HITER … VALVULAS CROSBY … VICTREX … PADMINI PETROPLAST … MITSUBISHI HEAVY INDUSTRIES (MHI) … MHT TURBO-TECHNO CO. (MTT) … ENPRO … ATLAS COPCO … QUINCY … GMRC … EMERSON BEARING
Edited By Phil Burnside
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Atlas Copco Compressors LLC
U.S.A. announced its purchase of the
compressor division of Premier
Equipment Corp. Inc., a Baton
Rouge, Louisiana, U.S.A.-based firm
that had a long history as a distributor
of Atlas Copco Compressors. Twelve
employees of Premier will join the
Atlas Copco workforce.
“The acquisition brings us closer to
our customers in the region, letting
us build on the strong base that
Premier Equipment has developed in
key segments,” said Stephan Kuhn,
business area president of Atlas
Copco Compressor Technique.
The Flow Control business of Tyco
International Ltd. has acquired two
Brazilian valve companies to serve
Brazil and South America. The company acquired outright Hiter Industria
e Comercio de Controle Termo-Hidraulico Ltda. (Hiter), a privately
held Brazilian valve manufacturer, and
took full ownership of an existing joint
venture, Valvulas Crosby Industria e
Comercio Ltda. The two businesses
had combined revenues of approximately US$66 million in 2008.
“These acquisitions represent an important step to further strengthen our
Flow Control business in Brazil by providing our current and prospective customers with an expanded suite of products and services,” said Patrick Decker,
president of Tyco Flow Control. “By
combining Hiter and Valvulas Crosby
with our existing operations in Brazil,
we will enhance our local manufacturing presence and service capabilities to
meet our customer needs in Brazil,
South America and locations where
they do business around the world.”
Victrex Polymer Solutions, a division of Victrex plc, has appointed
Padmini Petroplast Pvt. Ltd. in
Mumbai, India, as its distributor partner to serve the market in India. The
company said the relationship will be
important because India is an emerging and rising market. Victrex had set
up a branch in Mumbai in 2009, but
found that a distribution partner was
necessary to effectively cover the entire region. Headquartered in Mumbai,
Padmini Petroplast Pvt. Ltd. maintains
sales offices throughout India.
Mitsubishi Heavy Industries
(MHI) will establish a new company
dedicated to compressor business operations, effective April 1, 2010. The
new wholly owned subsidiary will integrate MHI’s current operations in
compressors with those of MHI
Turbo-Techno Co. (MTT), which now
handles related aftermarket sales services. The company will be established
by transferring MHI’s current compressor business operations to MTT.
The new enterprise will handle compressor design, engineering, marketing and aftermarket sales services.
Compressor manufacture and assembly will continue to be performed by
MHI’s Industrial Machinery Business,
Technology & Solutions Department.
EnPro Industries has agreed to
sell Quincy Compressor to the
Atlas Copco Group for approximately US$190 million in cash. The
company expects the transaction to
close in the first quarter of 2010,
pending regulatory approval.
Sponsored by the Gas Machinery
Research Council (GMRC), the 2010
Gas Machinery Conference (GMC) will
be held at the Phoenix Convention
Center in Phoenix, Arizona, U.S.A.,
Oct. 4-6, 2010. The conference targets
design engineers, facility engineers and
technicians with an emphasis on the
operation, maintenance and testing of
gas compression machinery. The organizers have issued a call for informative abstracts that are pertinent to current gas compression machinery issues
from prospective presenters. Topics
may include new, innovative technologies, the results of scientific studies or
case studies involving gas compression
machinery and related issues. Detailed
abstracts are due at the GMRC office
by March 15, 2010. Final papers will be
due on Sept. 15, 2010. Additional information and a required abstract cover-sheet may be found at www.gmrc.org.
Emerson Bearing, a Boston,
Massachusetts, U.S.A.-based bearing
company serving the OEM, maintenance, repair and operations markets
throughout the United States, has established a new division to cater
specifically to the needs of pump,
compressor and oilfield customers. ;
