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The all-cash transaction
is valued at approximately $412 million after adjusting for estimated tax benefits and was funded
with cash borrowed under a new credit agreement.
Get a clear outlook on the PVF industry in 2026, from tariffs, interest rates and energy markets to construction trends, labor shortages, major project wins and key networking events shaping the year ahead.
It is with a heavy heart that we share the passing of longtime PVF Roundtable board member and dear friend Sheryl MacRae earlier this month, following her courageous battle with cancer.
Watts has been named one of America’s Most Responsible Companies 2026 by Newsweek magazine for the seventh year in a row, earning the company an All Time Champion designation.
The transaction includes the GAX, GR, & Gearex Series pump lines, which will be fully integrated into CIRCOR’s IMO product portfolio following a transition period.
American Pipe & Supply has opened two new branches in Knoxville, Tennessee, and Pensacola, Florida, expanding its footprint to meet growing regional demand with increased inventory, enhanced logistics and faster service.
Founded in 1950 as the Thermoplastic Pipe Division of the Society of the Plastics Industry (SPI), the organization later became the independent non-profit Plastics Pipe Institute.