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 »Archive »

U.S. Gas Reserves Jumped 10% in 2013

Proved natural gas proved reserves in in the U.S. jumped 31 Tcf (878 x 109 m3) to a record 354 Tcf (10 x 1012 m3) last year, the Energy Information Administration (EIA) has reported.

Holt Cat Expands San Antonio Facility

Holt Cat has completed a US$11 million, 40,000 sq.ft. (3700 m2) heavy equipment service and rebuild facility at its San Antonio, Texas, complex.

GE Centrifugals Set for Canadian LNG Plant

Mexico Finishes First Los Ramones Pipeline

Mexican President Enrique Peña Nieto has inaugurated the first phase of the Los Ramones gas pipeline system in a ceremony at a compressor station near Los Ramones in Nuevo León state.

Shale Surpasses Conventional Gas

The U.S. Energy Information Administration (EIA) has reported that shale gas was the largest source of the record 82 Bcfd (2.3 x 109 m3/day) of U.S. natural gas withdrawals in 2013.