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

GE Breaks Ground On Welland Facility

GE has started constructing its multimodal facility in Welland, Ontario, Canada.

Roberto Chellini

It is with great sadness that we report the passing of Roberto Chellini recently in Florence, Italy. He was 82 years old.

Nat Gas Output Expected To Grow 62%

Worldwide natural gas production is expected to increase 62% by 2040, according to the U.S. Energy Information Administration’s (EIA’s) International Energy Outlook 2016 and Annual Energy Outlook 2016.

Capstone Puts Its Signature On New Order

Capstone Turbine Corp. received an order for two Signature Series microturbines (the C1000S and C600S) for an oil and gas platform off the California coast.

A New Way For Bently

New Way Air Bearings has acquired the assets of Bently Pressurized Bearing Co., Minden, Nevada.