) recently received an order to provide plug-and-ball valve
products in order to meet customer needs for extensive mining
applications. The $9 million order was awarded by a new nickel
ore processing facility based in Long Harbour, Newfoundland,
Flowserve has been chosen by the Canadian mining company given
its ability to provide a comprehensive line of valves needed to
cover the wide variety of applications at the nickel ore
processing plant. The varying and complex methods used to extract
and process minerals present the most demanding pump services in
Therefore, be it pumping rough surfaces or chemical reagents,
the comprehensive range of products and broad industry experience
offered by Flowserve has always led to an unmatched leadership
position in mining and mineral processing.
Flowserve has been delivering its expertise to the industry's
toughest services for more than 10 decades. Flowserve today is
one of the leading providers of new pumping technologies required
for the deep field bitumen recovery.
The order of valves for the nickel ore mining facility was
booked in the year 2012. Flowserve's flow control division that
primarily caters to the engineered and industrial valves, control
valves reported sales growth of 5.7% in 2012. The increase was
primarily driven by customer original equipment sales in the oil
and gas and chemical industries.
Flowserve currently holds a Zacks Rank #3 (Hold) while some
other important players in the same industry such as
Ingersoll Rand Plc
AECOM Technology Corporation
) carry a Zacks Rank #2 (Buy).
AECOM TECH CORP (ACM): Free Stock Analysis
FLOWSERVE CORP (FLS): Free Stock Analysis
GRACO INC (GGG): Free Stock Analysis Report
INGERSOLL RAND (IR): Free Stock Analysis
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