|Exchange:||New York Stock Exchange|
|Flowserve Corporation was incorporated in the State of New York on May 1, 1912. The Company is a manufacturer and aftermarket service provider of comprehensive flow control systems. The Company is a manufacturer and aftermarket service provider of comprehensive flow control systems. It develops and manufactures precision-engineered flow control equipment integral to the movement, control and protection of the flow of materials in our customers’ critical processes. The product portfolio of pumps, valves, seals, automation and aftermarket services supports global infrastructure industries, including oil and gas, chemical, power generation and water management, as well as general industrial markets. The operations of the Company are conducted through three business segments: Engineered Product Division ("EPD"), Industrial Product Division ("IPD") and Flow Control Division ("FCD"). EPD primarily operates in the oil and gas, power generation, chemical, water management and general industries. IPD primarily operates in the oil and gas, chemical, water management, power generation and general industries. FCD designs, manufactures and distributes a broad portfolio of engineered-to-order and configured-to-order isolation valves, control valves, valve automation products, boiler controls and related services. The Company’s competitors include: Sulzer Pumps; Ebara Corp.; SPX Corp.; Eagle Burgmann, A. W. Chesterton Co. and AES Corp.; John Crane Inc., a unit of Smiths Group PLC; and Weir Group PLC. The Company's is subject to environmental laws and regulations in all jurisdictions in which it has operating facilities.|
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