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John Crane is an American company, now a subsidiary of Smiths Group and provider of engineered products and services including mechanical seals, couplings, seal support systems, filtration systems and digital diagnostics technologies. The company services customers in the energy services sector including production, transmission and storage ...
In May 1994, IDEX reached an agreement to acquire Hale Product, Inc., of Conshohocken, Pa., for $90 million.Hale sells fire-trucks, portable pumps, ventilation systems, and the Hurst "Jaws of Life".
Dry gas seals are non-contacting, dry-running mechanical face seals that consist of a mating (rotating) ring and a primary (stationary) ring. When operating, lifting geometry in the rotating ring generates a fluid-dynamic lifting force causing the stationary ring to separate and create a gap between the two rings.
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The company continued its acquisitions, buying the John Crane Company for $204 million and taking a 49% stake in the UK based Crane Packaging, followed by Warren Rupp for $25 million. With the heavy debt created by the LBO, the early 1980s recession , and Japanese competition in the machine tool manufacturing industry, profits disappeared.
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Eventually most of these companies got out of the seal business but the Byron Jackson seal became the Borg-Warner seal (now Flowserve) and the Worthington seal was sold to Chempro (now John Crane - Sealol). Cartridge seals were used on a regular basis by 1950; this convenient packaging of seal, sleeve and gland was probably developed by C. E ...
WASHINGTON (Reuters) -A U.S. Justice Department watchdog report released on Thursday debunked claims by far-right conspiracy theorists who falsely alleged that FBI operatives were secretly ...