TPi October 2010

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October 2010 Tube Products International 9
news business & market
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.”
FlowSmart’s principles’ 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 – USA
Flow Smart acquires wire-
and fabric-reinforced hose
products business
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
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.
The new warehouse allows for 3,000
tons of pipe products to be processed
worldwide with expertise, expanded
infrastructure, equipment and services.
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.”
per month. Currently, there are 2,000
tons of pipes loaded at the warehouse.
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
CRC-Evans acquired by Stanley Black & Decker
Interpipe opens new warehouse in Kazakhstan
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
CRC-Evans Pipeline International –
USA
demand and the new warehouse will
help us satisfy customer’s needs in a
shorter time.”
Interpipe – Ukraine