Flowserve Corp., a provider of flow control products and services for the global power, chemical, water, oil and gas and general industries, has been named to join the select membership of the S&P 500 Index.

Apollo Valves said it is the first U.S. valve manufacturer to meet ISO/IEC 17025:2005 accreditation for its engineering laboratory in Pageland, SC.

Central States Group (Omaha,  NE) promoted Todd Ford to chief operating officer, according to President & CEO Steve Anderson.

Deacon Industrial Supply Co. (King of Prussia, PA) has hired Rob Laird as actuation & controls manager.

Anvil International announces new hires.

Crane Energy Flow Solutions appointed Vincent Buffa president.

Smith International announced that John Yearwood will become its CEO, president and COO on January 1, 2009.

Plymouth Tube Co. has appointed Tom Holmes as national sales manager.

Plastic Services and Products Inc., a division of PMC Global, was purchased by a private investment trust July 1 and will now operate under the name of Plastic Services and Products LLC.

Novolipetsk Steel (NLMK), the leading Russian steel producer, has signed a definitive agreement to acquire U.S. steel pipe and tube manufacturer John Maneely Co. (JMC) from a shareholder group including global private equity firm The Carlyle Group and the Zekelman family for $3.53 billion, acquiring the company on a debt-free, cash-free basis.