Breaking News

Tweet TWEET

Governor Corbett: Out-of-State Manufacturer to Relocate to the Lehigh Valley; Create 124 Jobs

Governor Corbett: Out-of-State Manufacturer to Relocate to the Lehigh Valley;
                               Create 124 Jobs

PR Newswire

HARRISBURG, Pa., June 12, 2013

HARRISBURG, Pa., June 12, 2013 /PRNewswire-USNewswire/ --Governor Tom Corbett
announced today Flowserve Corporation, a global manufacturer and supplier of
flow management systems in the oil and gas industry, will relocate a portion
of its out-of-state pump division operations to the Lehigh Valley, bringing
124 new jobs to the region.

"Whether you live in the regions of Pennsylvania where natural gas is being
extracted or in places like the Lehigh Valley, shale gas development continues
to result in job creation throughout the state," Corbett said. "Flowserve is a
great example of a company relocating to Pennsylvania to be closer to clients
and benefit from the state's pro-business climate and excellent quality of
life."

To address Flowserve's need for a larger, more modern facility the company
will relocate a key segment of its Engineered Pumps Division, located in New
Jersey, to a facility in Hanover Township, Northampton County. Flowserve will
be moving teams from its product, application, and service engineering, as
well as a portion of its finance organization, all providing support to other
organizations around the globe.

"We are excited about relocating to Pennsylvania. The new facility will be the
home of numerous pump, technical and commercial resources, as well as research
and development engineers," said Tom Pajonas, Chief Operating Officer for
Flowserve.

"Support of the Governor's Action Team and the Northampton County Industrial
Development Authority has been instrumental in making this move a success. We
look forward to growing our organization and taking advantage of the strong
technical base as we attract skilled positions from the schools and
universities in the region," Pajonas said.

Overall, the company will enter into a 10-year lease and invest more than $1.5
million in renovations, infrastructure improvements, and new equipment. The
relocation is projected to create 124 jobs within the next three years.

"We are proud that Flowserve recognized Northampton County's talent,
investment, vision, and location as the reasons why they are locating here,"
said Francis X. Hackett, Northampton County Industrial Development Authority
chairperson. "Northampton County is poised to aggressively partner with
companies through our job creation programs to incentivize private sector
investment."

To assist with Flowserve's relocation efforts, the company received a $310,000
Pennsylvania First Program grant funding offer from the Department of
Community and Economic Development.

The project was coordinated by the Governor's Action Team, or GAT, a group of
economic development professionals who work directly with businesses that are
considering locating or expanding in Pennsylvania. GAT worked with the
Northampton County Industrial Development Association to support Flowserve's
expansion project.

"The Lehigh Valley continues to attract companies such as Flowserve in major
part because we are home to an increasingly qualified workforce and top-flight
facilities in an outstanding, pro-business environment," said Don Cunningham,
president and CEO of the Lehigh Valley Economic Development Corp. "With the
move Flowserve will create 124 new jobs that pay well in the critically
important manufacturing sector."

Flowserve Corporation is a leading global manufacturer and supplier of pumps,
valves, seals, automation and services to the power, oil, gas, chemical and
other industries. Headquartered in Irving, Texas, the company has a client
base in more than 70 countries.

For more information on Flowserve Corporation, Inc. visit www.flowserve.com

For more information on the Governor's Action Team and other economic
development initiatives in Pennsylvania, visit newPA.com or call
1-866-466-3972.

Media contacts:
Kelli Roberts, Governor's Office; 717-783-1116
Lyndsay Frank, DCED; 717-783-1132

SOURCE Pennsylvania Office of the Governor

Website: http://www.governor.state.pa.us
 
Press spacebar to pause and continue. Press esc to stop.