TPi October 2010

news business & market

CRC-Evans acquired by Stanley Black & Decker

worldwide with expertise, expanded infrastructure, equipment and services.

The acquisition of CRC-Evans is a significant step in Stanley Black & Decker’s ongoing strategy to diversify its revenue base and build its Infrastructure Solutions growth platform through acquisitions. CRC-Evans will be an integral part of this platform. Stanley Black & Decker – USA www.stanleyblackanddecker.com CRC-Evans Pipeline International – USA www.crc-evans.com

CRC-Evans Pipeline International has announced that CRC-Evans has been acquired by Stanley Black & Decker, a diversified global provider of hand tools, power tools and related accessories, mechanical access solutions and electronic security solutions, engineered fastening systems and infrastructure solutions. Stanley Black & Decker and CRC- Evans are complementary international companies, and the acquisition should enhance CRC-Evans’ global growth strategy and its services to customers

R&D and technology leadership will continue to be emphasised, and Stanley Black & Decker’s resources should enable CRC-Evans to achieve higher performance standards. “Our customers can expect that their relationships with CRC-Evans will not be interrupted,” said CRC-Evans CEO Tim Carey. “It’s business as usual. Our approach to the business will remain the same, and our operations will continue to be everything they expect – and more.”

Interpipe opens new warehouse in Kazakhstan

On the back of its new warehouse development programme, steel pipe and railway wheels maker Interpipe has announced the opening of its newest pipe product warehouse in Atyrau, Kazakhstan. In addition to Atyrau, Interpipe has warehouse facilities in both Alma-Ata and Astana.

per month. Currently, there are 2,000 tons of pipes loaded at the warehouse.

demand and the new warehouse will help us satisfy customer’s needs in a shorter time.”

Commenting on the opening, Vera Smal, director for industrial application sales at Interpipe said, “The opening of a storage platform at Atyrau will help us reduce the delivery terms of pipe products to the western region of Kazakhstan, and also minimise clients’ expenses. Interpipe’s products are in

Interpipe – Ukraine press-office@interpipe.biz www.interpipe.biz

The new warehouse allows for 3,000 tons of pipe products to be processed

Flow Smart acquires wire- and fabric-reinforced hose products business

FlowSmart, Inc, specialists in high- purity polymer solutions, has announced its purchase of the wire- and fabric- reinforced hose business from Elkton, Maryland-based Gore PharmBio Products, a division of WL Gore and Associates. The transition, which is set to occur over the next few months, will see FlowSmart taking over all of the production and sales activities for the wire- and fabric- reinforced hose products. The sale agreement includes the acquisition of Gore PharmBio’s existing production equipment for the hoses, as well as the group’s current inventory and other peripherals. Additionally, FlowSmart will add key sales and production personnel to its staff.

“FlowSmart will focus on implementing production of the product as it is currently offered,” said a company spokesman. “Once we meet the demands of our supply chain we are planning process changes that will improve repeatability. As with all FlowSmart products, we will then begin adding a multitude of innovative ancillary products.” recent partnership with Linus Tooling, Inc, a state-of-the-art machine shop, will also aid in integrating the hose-fittings and crimping programme. FlowSmart’s principles’

FlowSmart – USA solutions@flowsmartinc.com www.flowsmartinc.com

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October 2010 Tube Products International