Edit ModuleShow Tags

Sulzer Completes Acquisition Of Grayson Armature

US$42 million agreement increases market share, scope of services


Published:

Sulzer, an independent service provider for rotating equipment, has completed an agreement to acquire both Grayson Armature businesses, Grayson Armature Large Motor Division Inc. and Grayson Armature Orange Texas Inc.

Founded in 1980, Grayson Armature offers electro-mechanical repair services (at an in-house machine shop), re-manufacturing, re-design, upgrades, modifications and other additional services. The main facility is located in Pasadena, Texas, U.S.A., and a second facility is located in Orange, Texas, U.S.A.

Winterthur, Switzerland-based Sulzer specializes in pumping solutions, rotating equipment maintenance and services as well as separation, reaction and mixing technology. The company said the closing of this acquisition, valued at US$42 million, makes it one of the largest partners for electromechanical services in the Gulf Coast area.

Grayson Armature will operate under Sulzer’s Rotating Equipment Services division as Sulzer Grayson Inc. Sulzer Grayson’s two existing facilities will integrate into the global network of service centers as the Pasadena Service Center and Orange Service Center. To further realize cost and sales synergies, Sulzer said it will relocate the pumps service center – currently located in La Porte, Texas – to Pasadena.

Edit ModuleShow Tags

Archive »Recent Articles

EIA: Most Locations See Nat Gas Price Drop

Natural gas spot prices dropped at most locations during the July 13 to July 20 report week, according to the U.S. Energy Information Administration (EIA).

Petrobras Looks To Scale Back

Petrobras, a Brazilian oil corporation, plans to sell or share control of its pipelines and open its liquefied natural gas (LNG) terminals to third parties as part of a plan to scale back its role in the state’s natural gas industry.

J-W Energy Exits Midstream, Upstream Markets

J-W Energy Co. has sold all of its oil and gas and midstream assets to affiliates of Aethon United LP, signaling an end to the company’s run in the upstream and midstream markets.

Siemens To Power The Missing Link

Siemens received an order from the Trans Adriatic Pipeline consortium for six, 15 MW turbo compressor trains. The equipment will be used in the Trans Adriatic Pipeline (TAP), which is part of the Southern Gas Corridor in Europe.

Caterpillar Releases New Displays For Gas Compression Engines

Caterpillar Oil & Gas has introduced its latest operator interface displays for Cat gas compression engines.