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Industry | 2009.12.16

Flowserve Signs Joint Venture with Valbart to Manufacture Valves for Oil and Gas Industry

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced it has entered into a joint venture agreement with Valbart Srl, an Italian manufacturer of high performance valves. Called Flowserve/Valbart Flow Control Srl, the joint venture will allow the two companies to work to deliver an innovative, cost-saving solution to oil and gas applications – a trunnion control ball valve. By com

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