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Swagelok Company is a $2 billion privately held developer of fluid system products, assemblies, and services for the oil and gas, chemical and petrochemical, [2] semiconductor, and transportation industries.
Lokring Technology is a privately held international company headquartered in Willoughby, Ohio that serves over 30 countries worldwide. The Chairman and President of the company is William Lennon, [2] the grandson of Fred A. Lennon, founder of Swagelok.
In October 2017, the company floated on the London Stock Exchange under its new name of TI Fluid Systems. [10] The company floated 25 percent of its shares. [11] In September 2023, it was announced TI Fluid Systems has acquired the Halásztelek-headquartered plastic injection moulding company, Cascade Engineering Europe Kft. for $27.7 million. [12]
The fluid flows upward through the bed, causing the solid particles to be suspended. If the inlet fluid is disabled, the bed may settle, pack onto the plate or trickle down through the plate. Many industrial beds use a sparger distributor instead of a distributor plate. The fluid is then distributed through a series of perforated tubes.
A fluid power system has a pump driven by a prime mover (such as an electric motor or internal combustion engine) that converts mechanical energy into fluid energy, Pressurized fluid is controlled and directed by valves into an actuator device such as a hydraulic cylinder or pneumatic cylinder, to provide linear motion, or a hydraulic motor or pneumatic motor, to provide rotary motion or torque.
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