Flowserve receives $3 million in new orders
July 14, 2009
Flow system manufacturer Flowserve Corp. has received three orders valued at a total of $3 million for technology that helps water plants preserve energy, according the Dallas Business Journal. The process allows water supply providers to convert salt water into fresh water. The sales were made in connection with desalination projects in Spain. They come just two months after Flowserve acquired Swiss company Calder AG, which designs and makes the Calder Dual Work Exchanger Energy Recovery units that are now part of Flowserve''s new contracts. Before the acquisition of Calder AG, Flowserve was already providing some of the products used in desalination plants around the world, and the company saw the acquisition as a way to continue to grow the company’s presence in the segment. Flowserve said Spain is one of the largest desalination markets in the Mediterranean region due to water shortages in the area.