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Tyco Flow Control Reports Second Quarter Earnings

Tyco Flow Control revenue of $899 million declined 3% in the quarter with an organic revenue decline of 13%. Organic revenue growth of 2% in Thermal Controls was more than offset by a 19% decline in the Valves business and a 7% decline in Water. Backlog of $1.6 billion was flat on a quarter sequential basis excluding the impact of foreign currency.

Source: Tyco

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Valve Magazine Digital Edition

15 WNT CVR 160x214Inside the Winter 2015 issue…

• Your Control Systems Are at Risk!
• Building a Better Workforce
• Focus on the Offshore Market
• Forgings: Quality with a Cost

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