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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]
In 1950, the company headquarters moved to Dallas to be near the center of the nation's major oil and gas fields. It continued to purchase well-known companies involved in manufacturing such things as overhead cranes, gasoline-dispensing pumps, and heavy equipment for mining and construction. [6]
In 1980, the company started building GE gas turbine power packages for offshore oil rigs. 1985 saw the California Cogen – power producing industry and the company competed for the U.S. Army’s M939 A2 5-ton truck program. Through a joint venture with Mercedes-Benz, Stewart & Stevenson built 700 “Starship” transit buses from 1987-1992.
In 1905, the company merged with Rand Drill Company, which six years prior had begun manufacturing compressors in Painted Post, New York. The result was the Ingersoll Rand Company. [6] In 2000, Flowserve purchased Ingersoll-Dresser Pumps, a business unit of Ingersoll-Rand, for $775 million, creating the world’s second largest pump company. [7]
HMD Pumps in England invents and engineers the world's first magnet drive pump. 1957—Sundstrand develops the first water injection pump for the commercial jet aircraft industry. 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.
For a list of companies based within Dallas city limits, go to List of companies in Dallas. The Dallas/Fort Worth Metroplex is home to over 20 corporate headquarters, making the Dallas/Fort Worth Metroplex one of the largest corporate headquarters concentration in the United States.
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