ITT Industries has acquired the F.B. Leopold Co.

California Assembly Bill 1953, which calls for the reduction of lead content in plumbing pipes, fittings and fixtures to no more than 0.25%, passed the state House by one vote

American Valve received a Commendation Award for Product Innovation for Consumer Safety from The Home Safety Council.

Al Rushaid Group (Dhahran, Kingdom of Saudi Arabia) and Flowserve Corp. ratified an agreement to build the largest OEM pump repair, manufacturing and training facility in the Middle East.

The U.S. steel recycling rate increased to a record 63% in 2005, according to the Steel Recycling Institute´s latest figures released June 1.

NS Group Inc. named Patrick Donnelly as chairman of the board effective May 10. Donnelly has served as a director of the company since 1981.

Flowserve Corp. reported that the staff of the Securities and Exchange Commission has concluded its investigation related to the company's restatements without recommending any enforcement action against the company.

The International Stainless Steel Forum (ISSF) expects stainless steel production to reach 26.4 million metric tons (mmt) in 2006, an increase of 8.6% on 2005.

Detroit-based Legend Valve has hired Robert Vick as vice president/business development. Vick joined Stockham Valves and Fittings to sell valves and fittings right out of undergraduate school.

The following are tidbits gleaned from reports of Industrial Information Resources (www.industrialinfo.com) telling of hot markets for present and future industrial spending.