Investors

News Release

<< Back
CIRCOR Energy Produces World’s Largest Control Ball Valves

64" X 48" Hydraulic Actuated Control Cage Ball Valves to be Used in Rihadh Water Distribution System

OKLAHOMA CITY & MILAN--(BUSINESS WIRE)--Oct. 12, 2012-- CIRCOR Energy, a CIRCOR International, Inc. (NYSE: CIR) company, announced that Pibiviesse, a CIRCOR business located in Milan, Italy, completed the production of two Control Ball Valves that are believed to be the largest ever in the world. The 64" X 48" hydraulic actuated Control Cage Ball Valves have a flow capacity of 125,500 Cv. The valves will play an integral role in controlling the flow of water in a 450 KM (280 mile) pipeline from the Ras Azawr Desalination plant to Riyadh in Saudi Arabia.

Francesco Caligiuri, who stands 5'8" tall and is a member of the team responsible for assembly and t ...

Francesco Caligiuri, who stands 5'8" tall and is a member of the team responsible for assembly and testing of the cage ball valves, shows the magnitude of the record-breaking valve. (Photo: Business Wire)

“These record-breaking valves are a testament to Pibiviesse's ability to innovate and solve difficult control valve applications wherever increasing capacity and pressures are required,” said Mahesh Joshi, President, CIRCOR Energy Products Group. “We are proud of the team in Italy and thank them for their dedication to growing the business by expanding our capabilities.”

The valves were selected due to their ability to control a broad range of flow requirements with stable control against turbulence and cavitations risk. In addition to these two valves, a variety of other Ball Control Valves sizes from 6" to 40" also were delivered to manage water flow in the Riyadh distribution system.

About CIRCOR Energy

CIRCOR Energy is a market-leading, global provider of integrated flow control solutions in the expanding and evolving oil and gas industries, specializing in highly engineered valves and pipeline products and services. Applications range from land based well hookups to the most complex off shore platforms in the world. Manufacturing plants strategically located throughout the world are supported by a global network of sales and service offices.

About CIRCOR International, Inc.

CIRCOR International, Inc. designs, manufactures and markets valves and other highly engineered products for the energy, aerospace and industrial markets. With more than 7,500 customers in over 100 countries, CIRCOR has a diversified product portfolio with recognized, market-leading brands. CIRCOR’s culture, built on the CIRCOR Business System, is defined by the Company’s commitment to attracting, developing and retaining the best talent and pursuing continuous improvement in all aspects of its business and operations. The Company’s strategy includes growing organically by investing in new, differentiated products; adding value to component products; and increasing the development of mission-critical subsystems and solutions. CIRCOR also plans to leverage its strong balance sheet to acquire strategically complementary businesses. For more information, visit the Company’s investor relations web site at http://investors.circor.com.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50438685&lang=en

Source: CIRCOR Energy

CIRCOR International
Frederic M. Burditt, 781-270-1200
Chief Financial Officer

Any statements contained herein that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and involve risks and uncertainties. Any statements contained herein that are not statements of historical fact are forward-looking statements. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors, which are, in some cases, beyond the control of CIRCOR. Actual events, performance or results could differ materially from the anticipated events, performance or results expressed or implied by such forward-looking statements. Before making any investment decisions regarding our Company, we strongly advise you to read the section entitled “Risk Factors” in our most recent SEC filings on Forms 10-K and 10-Q. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.