Industrial PVF

RSS

Insituform Technologies (Chesterfield, MO) announced definitive agreements to acquire the assets of The Bayou Companies (TBC) for $125 million and Corrpro Companies in a merger transaction worth approximately $91 million.

Corp. announced that it has sold the remaining portion of its DeZurik product line to Sartell Valves Inc., a Minnesota-based water and wastewater treatment company.

Tyco Flow Control announced its purchase of a 118,000-sq.-ft. facility in Mansfield, MA, as part of a more than $20 million investment plan to relocate its existing operations.

Curtiss-Wright Corp. announced that it has acquired substantially all of the assets of Nu-Torque, a designer and manufacturer of electric and hydraulic valve actuation and control devices primarily for the U.S. Navy ships.

Northwest Pipe Asia Pte Ltd. announced that it recently completed the acquisition of Byard Ltd., a UK company.

McJunkin Red Man Corp. announced the opening of new executive offices at 2 Houston Center in Houston.

Corrosion Materials, a distributor of corrosion resistant alloy based in Baker, LA, has completed a 40,000-sq.-ft. warehouse expansion.

United States Steel Corp. announced that it plans to relocate the administrative offices of its U. S. Steel Tubular Products subsidiary from Dallas to the company's corporate headquarters in Pittsburgh.

The U.S. International Trade Commission voted unanimously to issue a countervailing duty order and an antidumping duty order on imports of welded stainless pressure pipe from China.

The American Iron and Steel Institute (AISI) reported that total steel imports were down 5% in 2008 and finished steel imports fell 3%, based on preliminary figures.