Industrial PVF

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IPSCO Inc. announced an investment of $3.5 million to set up a research unit dedicated to accelerating development of the company's large diameter capability for energy transmission lines.

Flowserve announced that Chairman, President and CEO C. Scott Greer will not have his contract renewed when it expires on June 30.

Harvest Partners Inc., a New York private equity investment firm, has signed a definitive agreement to sell Edgen Corp., a Baton Rouge, La.-based distributor of carbon and alloy pipe, to Jefferies Capital Partners, New York, and certain Edgen senior managers, for $124 million.

Tom Torokvei, IPEX chairman, died of a heart attack Feb. 24 while vacationing with his family in the Bahamas.

Jomar International announced the formation of Jomar - Automation Division.

Tyco Valves & Controls' manufacturing plant in Stafford, Texas, was awarded two Tyco International Environmental Health & Safety Excellence Awards for North America.

Spirax Sarco Inc., has hired one and promoted two to its senior management staff, according to Mark E. Vernon, president and general manager.

Sharon Tube Co. has been invited to participate in the U.S. Army's “Soldier to Soldier” program recognizing key suppliers.

Research by Houston-based Industrial Information Resources (www.industrialinfo.com) has determined that Canada is a land of mega-projects for industrial construction in the near future.

Crane Co. has launched its 150th anniversary Web site (www.crane150.com, also available through www.craneco.com).