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[8] [13] SPX’s headquarters relocated to Charlotte, North Carolina, in 2002. [8] In 2012, SPX president Charles E Johnson II sold its Service Solutions business for approximately $1.15 billion to Robert Bosch GmbH. [14] [15] [16] In 2015, SPX Flow was founded, a spin-off from its parent company. [17]
Around 1970, Plenty and Son was acquired by Booker McConnell and, by 1977, it had become part of the Booker Group's fluid engineering division, supplying pumps and related equipment to the oil industry. [1] In 2001, Plenty was acquired by SPX FLOW.
By August 1998, with 1997 sales of just under US$1 billion, SPX moved to acquire General Signal Corp., a company twice its size, for US$45 per share in stock and cash, in a US$2 billion deal. With the acquisition SPX sought to enter the electrical and industrial controls business. [5] The deal was completed in the fourth quarter of 1998.
Different types of pumps are suitable for different applications, for example: a pump's maximum lift height also determines the applications it can be used for. Low-lift pumps are only suitable for the pumping of surface water (e.g., irrigation, drainage of lands, ...), while high-lift pumps allow deep water pumping (e.g., potable water pumping ...
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. [5]
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