primary sources . please improve this by adding secondary or tertiary sources . april 2013 learn how and when to remove this template message flowserve corporation type public nyse fls s & p 500 component industry diversified machinery founded 1790 headquarters irving texas usa key people mark a blinn president and ceo ; vice chairman of the board thomas l. pajonas coo carey a. o connor senior vice president secretary and general counsel products actuators ball valves butterfly valves control valves plug valves end face mechanical seals pumps services power industry oil industry gas industry chemical industry revenue us 4.88 billion 2015 1 us 4 751.339 million 2012 1 operating income us 760.283 million 2013 1 us 675.778 million 2012 1 2 net income us 485.53 million 2013 1 us 448.339 million 2012 1 total assets us 7.8 billion 2015 3 us 4 810.958 million 2012 1 total equity us 1 877.121 million 2013 3 us 1 894.475 million 2012 1 number of employees 18 000 in 56 countries 2015 citation needed website www.flowserve.com 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 . 4 headquartered in irving texas which is a suburb of dallas texas flowserve has over 15 000 employees in 51 countries . citation needed flowserve sells products and offers aftermarket services to engineering and construction firms original equipment manufacturers distributors and end users . the flowserve brand named originated in 1997 with a merger of bw ip and durco international . on august 21 2007 flowserve corporation was recognized by cio magazine as one of the 2007 cio 100 award honorees . 5 contents 1 history 1.1 products 1.2 acquisitions 2 industries served 3 corporate governance 4 educational services 5 environmental efforts 6 restatements 7 see also 8 references 9 external links history edit flowserve heritage dates back to the 1790 founding of simpson & thompson by thomas simpson later to become worthington simpson pumps one of the companies that became part of bw ip . 6 the company was created in 1997 with the merger of two fluid motion and control companies bw ip and durco international . acquisitions include hydrotechnik olomouc in 2006 7 sealing systems in 2007 8 calder ag in 2009 9 and valbart srl in 2010 . 10 in october 2011 flowserve acquired lawrence pumps inc. also in march 2013 it acquired one plant from l & t valves situated in maraimalainagar tamil nadu . products edit flowserve comprises over 48 fluid motion and control products . they are in alphabetical order acec centrifugal accord aldrich anchor darling argus atomac automax bw seals byron jackson cameron calder duraclear durametallic durco edward five star seals flowserve gestra idp interseal jeumont schneider kammer limitorque logix mccanna marpac naf naval noble alloy norbro nordstrom pmv pac seal pacific pacific wietz pleuger polyvalve schmidt armaturen scienco serck audco sier bath rotary tkl united centrifugal valtek valtek ema vogt western land roller wilson snyder worcester controls worthington . acquisitions edit flowserve has grown through mergers and acquisitions . acquisitions under flowserve corporation 1997 merger of bw ip and durco international formation of brand name flowserve 1997 stork engineered pumps 2000 ingersoll dresser pumps idp 2000 invatec 2002 invensys flow control 2004 thompsons kelly & lewis tkl 2005 interseal 2006 hydrotechnik 2007 mf sealing systems 2009 calder ag 2010 valbart srl 2011 lawrence pumps inc. 2013 audco india limited mmn plant 2013 innomag sealless pumps 2015 sihi group industries served edit oil and gas production refining pipeline gas processing power generation nuclear power combine cycle conventional boiler renewable water energy chemical processing acid transfer caustic and chlor alkali pharmaceuticals polymers slurry processing solvents volatile organic compounds waste processing auxiliary water resources water supply and distribution water treatment desalination flood control ground water development and irrigation wastewater collection and treatment snowmaking general industry mining primary metals pulp and paper corporate governance edit in july 2005 flowserve underwent a leadership change . the board of directors announced lewis m. kling coo at the time as the new president ceo and a member of the board of directors . on may 30 2007 kling s employment agreement was extended until february 28 2010 . 11 lewis m. kling announced his retirement at the end of the upon agreement in february 2010 . kling was elected vice chairman of the board effective october 1 2009 . mark blinn succeeded kling as ceo . previously mark blinn served as cfo from 2004 to october 1 2009 when he officially took over as ceo and vice chairman of the board . 12 current members of the board of directors of flowserve are mark a. blinn kevin e. sheehan christopher a. bartlett dba gayla j. delly roger l. fix john r. friedery joseph e. harlan diane c. harris michael f. johnston lewis m. kling rick j. mills charles m. rampacek james o. rollans and william c. rusnack . educational services edit flowserve has five training centers for students around the world to attend . they are in irving tx kalamazoo mi houston tx baton rouge louisiana and desio italy . the learning resource center lrc in irving is 24 000 square feet 2 200 m2 with classrooms static labs and power labs with complete pumping systems . 13 the lrc in italy is the most recent opening on april 20 2010 . 14 environmental efforts edit to support the hurricane katrina disaster relief flowserve donated 50 000 and matched up to 50 000 in employee donations to the red cross according to a cnn article . 15 restatements edit on feb 3 2004 flowserve announced restatement of its financial statements for aggregate estimated pretax adjustments for 2003 . the restatement was approximately 11 million . 16 on oct 26 2004 flowserve determined to restate its previously announced financial results for the second quarter of 2004 including certain post closing adjustments and recently identified out of period expenses . the restatement had no impact on net cash balance . 17 on feb 7 2005 flowserve confirmed that it would restate its 2000 through first quarter 2004 financial statements resulting from an ongoing comprehensive review of the company s accounts . the restatement reduced net income for the periods restated . 18 see also edit list of oilfield service companies references edit a b c d e f g h flowserve corp 2013 annual report form 10 k xbrl . united states securities and exchange commission . february 18 2014 . flowserve corp 2011 annual report form 10 k february 22 2012 . . secdatabase.com . retrieved 2012 05 16 . a b flowserve corp 2014 q1 quarterly report form 10 q xbrl . united states securities and exchange commission . april 23 2014 . reidy r. 29 june 2006 . profile of the international pump industry market prospects to 2010 . elsevier . pp. 115 . isbn 978 1 85617 487 9 . retrieved 26 october 2012 . 2007 winner profile flowserve corporation cio magazine 21 august 2007 . archived at webcite roberts gwilym 1 january 2006 . chelsea to cairo taylor made water through eleven reigns and in six continents a history of john taylor & sons and their predecessors . thomas telford . pp. 8 . isbn 978 0 7277 3411 2 . retrieved 26 october 2012 . flowserve.com mf flowserve.com flowserve.com flowserve.com flowserve extends ceo s employment agreement until 2010 flowserve.com flowserve in russia . retrieved 2014 10 04 . flowserve opens new state of the art learning resource center in desio italy major companies including home depot and ford pledge millions to hurricane relief efforts . flowserve announced restatement for 2003 . flowserve announces filing delays . flowserve confirms financial restatement . external links edit dallas fort worth portal companies portal official site retrieved from https en.wikipedia.org w index.php title flowserve & oldid 719376038 categories companies listed on the new york stock exchangecompanies based in irving texascompanies established in 1997manufacturing companies of the united statespump manufacturershidden categories articles lacking reliable references from april 2013all articles lacking reliable referencesall articles with unsourced statementsarticles with unsourced statements from april 2015articles with unsourced statements from april 2013 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata 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