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The pump is designed to boost engine thrust during takeoff. 1962—Sundstrand develops the first Sundyne high-speed centrifugal pump and sells it to Shell Chemical. 1965—Sundstrand develops a high-speed process gas compressor and sells it to Union Carbide. 1970—Sundstrand Fluid Handling Division is established in Denver, Colorado.
The Flowserve Corporation is an American multinational corporation and one of the largest suppliers of industrial and environmental machinery such as pumps, valves, end face mechanical seals, automation, and services to the power, oil, gas, chemical and other industries. [5]
The company services customers in the energy services sector including production, transmission and storage, refining, power generation, petrochemical, pulp and paper, and mining industries. [2] John Crane is the largest subsidiary [3] of Smiths Group plc, a global technology business listed on the London Stock Exchange. [4]
Dover Corporation is an American conglomerate manufacturer of industrial products. [5] The Downers Grove, Illinois-based company was founded in 1955. [5] [6] As of 2021, Dover's business was divided into five segments: Engineered Products, Clean Energy and Fueling, Imaging & Identification, Pumps & Process Solutions and Climate and Sustainability Technologies. [7]
The S&P 500 is a stock market index maintained by S&P Dow Jones Indices. It comprises 503 common stocks which are issued by 500 large-cap companies traded on the American stock exchanges (including the 30 companies that compose the Dow Jones Industrial Average). The index includes about 80 percent of the American market by capitalization.
In 1984 the company acquired the earthmoving and mining product lines from American Standard's WABCO division, [12] for a bargain price of $66.3 million. [ 13 ] On January 1, 1987, Dresser Industries and Ingersoll-Rand merged their common businesses to form Dresser-Rand Group with headquarters in Corning, New York .
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