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Choosing Valves for New Lead-Free Water System Regulations

Choosing Valves for New Lead-Free Water System Regulations

In the U.S., regulations governing lead content of...

Advanced Machine Tools Keep Production Costs in Check

Advanced Machine Tools Keep Production Costs in Check

The valve landscape has changed over the past few ...

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Tyco Flow Control Reports Third Quarter 2012 Earnings

In the third quarter Tyco Flow Control saw revenue of $981 million increased 6% in the quarter including a 5.5% decline due to changes in foreign currency. Organic revenue grew 10% with 7% growth in Valves, 26% growth in Water and 4% growth in Thermal Controls. Excluding the impact of foreign currency, orders increased 5% year-over-year and backlog was in line with the prior quarter at $1.8 billion.

Operating income was $112 million and the operating margin was 11.4%. Special items of $18 million consisted primarily of restructuring and divestiture charges. Operating income before special items was $130 million. The operating margin before special items improved 190 basis points to 13.3% driven primarily by leverage from increased volume across Valves, Water and Thermal Controls.

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Valve Magazine Digital Edition

14 SUM CVR 160x214Inside the Summer 2014 issue…

• Attracting Talent
• Advances in Machining
• Severe Service in Power Plants
• SIS Tests and Standards

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