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Spirax Sarco Broadens US Reach Through Purchase of Advanced Flow TechnologySpirax Sarco has has purchased all relevant business assets of AFTCO of Lakeland, Florida, from AMJ Equipment Corporation, also of Lakeland, Florida. The AFTCO business will be merged with EMCO Flow Systems, a US division of Spirax Sarco headquartered in Longmont, Colorado. The acquisition was announced on May 17, 2006. AFTCO's primary manufactured product is the UniMag Series of electromagnetic flowmeters. This Series features pulsed AC coil excitation technology for improved performance in dirty liquids such as raw sewage or dewatered sludge. Other AFTCO products include he ChannelMag, TapMag, and DemiMag models, as well as the multivariable DeltaMass line. EMCO Flow Systems was incorporated in 1967 as the Engineering Measurements Company, and was acquired by Advanced Energy Industries in 2001. In June 2005, EMCO Flow Systems because a division of Spirax Sarco plc. Today, EMCO is a manufacturer of precision flowmeters and controllers for liquid, gas, and steam applications. EMCO flowmeters are sued in many industries, with concentrations in food, agriculture, environmental protection, and mining. Spirax Sarco is a manufacturer of flowmeters, temperature and pressure controls, and steam traps for the management of steam and industrial fluids. Spirax-Sarco's primary applications are within the oil refining, chemical, food, plastic and rubber, textile, and air conditioning industries. With 3,000 employees located in 39 facilities in 28 countries, the company has a significant global marketing presence. Note: Portions of the above are excerpted from a Flash Report, published on April 14, 2006 as part of Flow Research's Worldflow Monitoring Service. The full Flash Report gives you the facts, and also tells you what this acquisition means for Spirax Sarco, for AFTCO, and for the magnetic flowmeter market. Subscribers to the Market Barometer receive Flash Reports when breaking news occurs. To find out more about the Worldflow Monitoring Service, or to subscribe, go to http://www.flowresearch.com/worldflow.htm. |
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