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Name change to Truflo International
FCX has changed its name to Truflo International following the recent sale of the Group European and Australasian distribution businesses to Transmark International
FCX has changed its name to Truflo International plc following the recent sale of the Group European and Australasian distribution businesses to Transmark International.
The newly named Truflo International will include seven companies from the old group and will focus exclusively on the specialist manufacture of high performance valves, actuators, pressure regulators and related flow control products.
With sales of $125 million and 500 employees, Truflo International is headquartered in the UK and operates from nine locations in seven countries.
Each business operates in niche markets with high barriers to entry and manufactures specialist products sold directly into projects with severe service applications in the world's most demanding and extreme operational environments.
Italy-based Orton will continue to manufacture market leading triple eccentric metal-seated valves and large diameter rubber seated butterfly valves, while Truflo Rona in Belgium will remain a leading manufacturer of top entry ball valves and gate, globe and check valves for the booming petrochemical, LNG and shipbuilding industries.
Birmingham-based Truflo Marine will manufacture top entry ball valves, actuators and naval air systems, from single valves to full shipsets, for submarines and surface fighting ships, while Thompson Valves in the UK will produce its Maxseal solenoid valves, IVP pressure regulators and Ashford bellows-sealed globe valves for the offshore, petrochemical, nuclear, aerospace and process industries, working closely with Toronto-based Newman Hattersley which specialises in products for nuclear power stations.
French manufacturer IMF will continue to produce state of the art regulators and pressure control systems for a wide range of markets including plastic injection moulding, defence and Formula One.
Germany-based GHR will focus on valves, pressure regulators and instrumentation for the chemical, naval marine and process industries.
"Truflo is a name which has a strong tradition and fine reputation throughout the world wide valve industry," explained Chief Executive John Perkins: "It was the obvious choice as the brand to take the focused manufacturing group forward".
Truflo International will remain a key sponsor for both the Valve World and Valve World Asia events and expects to announce the award of a number of key projects shortly.
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