Flowserve Corp (FLS) is a prominent multinational corporation that stands as one of the world's leading manufacturers and providers of flow control systems. Established in 1997, this Texas-based company operates in over 55 countries with nearly 19,000 employees worldwide. It earned a reputable name for delivering mission-critical equipment to various industries, specially designed for the severe environments they routinely encounter.
Flowserve specializes in producing industrial pumps, seals, valves, automation, and aftermarket services. Its highly engineered products serve several industries, including oil & gas, power, chemical, water, general industries and more. By perfecting its portfolio over the years, Flowserve has emerged as an industrial standard, meeting a broad array of needs presented by complex industrial processes.
The company is recognized for its relentless commitment to creating sustainable solutions. It develops systems that help customers reduce energy consumption, minimize undesired environmental impact and comply with emissions and environmental standards. This has positioned Flowserve as not just a provider of premium industrial equipment, but also as a partner to companies striving for environmental sustainability.
Beyond its products, Flowserve is known for its culture of corporate responsibility. It aims at creating positive social, economic, and environmental impact. The company adopts a safety-first approach and focuses on employee welfare, training, and development. It is committed to ethical business practices, human rights, and philanthropy. Also, its commitment to diversity and inclusivity is reflected in its global workforce and business practices.
As a public company, Flowserve's shares are available for trading on New York Stock Exchange (NYSE) under the ticker symbol 'FLS'. It is a member of the S&P 500 index, demonstrating its considerable market capitalization and impact on the US economy. Over the years, the company has proven its financial strength and stability, despite the cyclical nature of the industries it serves.
Flowserve thrives due to its ability to adapt to market conditions effectively. The company continually invests in research and development, aiming to provide superior solutions to its customers' evolving needs. This innovation-focused approach, along with its dedication to sustainability and corporate responsibility, places Flowserve Corp (FLS) at the frontline of the global flow control industry.