Industrial PVF

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The American Petroleum Institute (API) reported that U.S. oil and natural gas well drilling dropped 37% in 2009 to 39,068.

SPX Corp. announced that its Flow Technology segment has entered into a definitive agreement to acquire Gerstenberg Schröder A/S.

Specified Fittings has acquired the HDPE solid wall fitting division of KWH Pipe.

Flowserve Corp. has entered into a joint venture agreement with Valbart Srl, an Italian manufacturer of high performance valves.

Tyco International Ltd. (NYSE: TYC) announced that its Flow Control business has acquired two Brazilian valve companies.

The British steel tracking and analysis firm MEPS is forecasting a new record high output in 2010 for the global steel industry.

United States Steel Corp., along with other petitioning parties in ongoing antidumping and countervailing duty investigations relating to seamless standard, line and pressure pipe from China, announced that it was making an allegation of "critical circumstances" in the proceeding.

Some of Anvil International’s grooved pipe fitting products received NSF/ANSI Standard 61 Certification.

Montreal-based Deschenes Group Inc. (DGI) has signed an asset purchase agreement to acquire the Mueller Flow Control (MFC) division of Mueller Canada Ltd. from Anvil International.

Jerome Coyle of Coyle Supply was recognized with the Affiliated Distributors MVP – PHCP award at A-D’s annual North American meeting in October.