Last updateMon, 19 Oct 2020 3pm

Rawson/Industrial Controls Adds Flowserve as Texas Distributor

Rawson/Industrial Controls, an ERIKS North America company, announced an agreement with Flowserve, a leading provider of flow control products and services for global infrastructure markets, to offer its valves and actuation products throughout the state of Texas.

As a result of the agreement, Rawson/Industrial Controls customers throughout Texas will now have access to Flowserve Limitorque electronic and pneumatic valve actuators, PMV valve positioners, Atomac lined valves, Durco valves, McCanna and Worcester Controls ball valves.

Emerson Agrees to Purchase Open Systems International

Emerson has agreed to acquire Open Systems International, Inc. (OSI Inc.) for $1.6 billion in an all cash transaction. OSI Inc. is a operations technology software provider. The acquisition is expected to close in early fiscal 2021, subject to various regulatory approvals and other customary closing conditions.

OSI Inc. is headquartered in Minneapolis, MN and has approximately 1,000 employees globally.

DeZURIK Awarded Dual Training Grant in MN

DeZURIK has received a Dual Training Pipeline grant of $36,000 to provide tuition support for their machinists. DeZURIK employees will receive training and degrees through collaboration with the St. Cloud Technical and Community College for the 2020 school year. The Greater St. Cloud Development Corporation first introduced and assisted the DeZurik team with this grant opportunity in 2018. This is the third Dual-Training grant that DeZURIK has received.

The Minnesota Dual Training PIPELINE (Private Investment, Public Education, Labor and Industry Experience) Grant Program supports industries in advanced manufacturing, agriculture, health care services and information technology.

Emmanuel Caprais Taking Over as ITT Inc. CFO

Emmanuel Caprais will succeed Thomas Scalera as CFO of ITT Inc. on October 1, 2020, as part of the company's planned transition process. Caprais, who is currently Group CFO in charge of the Business Unit Finance teams, Financial Planning & Analysis, and Investor Relations, will assume the role of Senior Vice President and CFO.

Caprais joined ITT in 2012 as segment CFO for Motion Technologies and assumed the same role for the Industrial Process segment in 2017. He was named Group CFO in March of this year in addition to leading the Financial Planning & Analysis and Investor Relations functions for ITT.

Setpoint Integrated Solutions Expands Partnership with Ashcroft

Setpoint Integrated Solutions (Setpoint I.S.) and Ashcroft Inc. will continue to build on their established partnership by expanding the existing Authorized Stocking Distributor agreement to include three new Texas locations for the sale of Ashcroft Inc.’s line of Pressure and Temperature Instruments.

Setpoint I.S.’ existing territory in the region includes the Texas “Golden Triangle” and East Texas. The expansion includes three new Setpoint I.S. Texas locations: La Porte, Richwood and Corpus Christi. These distributing facilities service the Houston, San Antonio, Austin and Corpus Christi areas for the sale of the Ashcroft Inc. Pressure and Temperature Instruments.

Setpoint I.S. and Ashcroft Inc.’s partnership dates back over 60 years, and Setpoint I.S. continues to be the legacy representative in the East Texas, Louisiana, Mississippi, Alabama and Florida panhandle territories.

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