IPSCO Inc. (Lisle, IL) and SSAB Svenskt Stal AB
(Stockholm, Sweden) announced that they have entered into an agreement
providing for IPSCO to be acquired by SSAB for US$160 per share in cash for a
total equity value of $7.7 billion.
Northwest Pipe Co. recently received three major pipe orders. The company will supply approximately 12,000 feet of 93-inch diameter steel pipe valued at approximately $6.5 million for custom-fabricated piping system
Flowserve Corp. has opened a new pump manufacturing facility in Coimbatore, India. The 100,000-sq.-ft. facility will nearly double Flowserve’s production capabilities for single-stage, multi-stage, barrel and vertical engineered and industrial
Cameron has acquired DES Operations Ltd., an Aberdeen, Scotland-based supplier of production enhancement technology for the oil and gas industry. The acquisition provides Cameron with DES’ unique MARS (Multiple Application
Retiring Ferguson CEO Frank Roach and his successor Kevin Murphy talk about the seamless leadership transition, the company’s future and views on the current marketplace. Read more stories in 2017 May Issue.