Company profile
Flowserve Corporation, a company founded in 1912 and based in Irving, Texas, operates as a leading global entity specializing in industrial fluid and gas management solutions. Its comprehensive activities span the design, engineering, production, distribution, and servicing of essential equipment across major regions including the United States, Europe, the Middle East, Africa, Asia, and other international territories. The company's operations are segmented into two primary divisions: 1. Flowserve Pump Division (FPD): This segment is dedicated to providing a wide array of pumping solutions. Its offerings include both bespoke and standardized pump systems, mechanical seals (notably, gas-lubricated seals designed for high-speed compressors in gas pipelines), ancillary systems, and spare parts. FPD also delivers extensive post-sale support, such as installation, initial setup, replacement seal components, repairs, sophisticated diagnostic analyses, performance re-rating and modernization services, retrofit schemes, machining, and asset optimization programs. 2. Flow Control Division (FCD): This division focuses on delivering advanced valve and automation technologies. Its product line encompasses isolation and control valves, actuation devices, control mechanisms, and related hardware. FCD further provides crucial maintenance services for these flow control systems, which include advanced diagnostics, repairs, installation, commissioning, retrofit initiatives, and on-site machining capabilities. The fundamental purpose of these products is to precisely direct, regulate, and govern the movement of liquids, gases, and other fluids within industrial settings. Flowserve primarily serves critical sectors such as the oil and gas industry, chemical and pharmaceutical manufacturing, power generation, and water resource management. Beyond these core markets, the company also caters to a diverse range of general industrial applications, including mining and ore processing, pulp and paper production, food and beverage facilities, and various other smaller-scale operations. The company utilizes a multi-pronged approach to market its products, employing direct sales, a network of distributors, and dedicated sales representatives.
- CEO
- Robert Scott Rowe
- Employees
- 16,000
- IPO date
- 29 Jan 2018
- ISIN
- US34354P1057
