Full-Time
Posted on 11/1/2025
Flow control pumps, valves, seals, automation
No salary listed
Mandi, Himachal Pradesh, India + 1 more
More locations: Bengaluru, Karnataka, India
In Person
Flowserve is a global provider of flow control equipment and services for major industries such as oil and gas, chemical, power generation, and water management. It designs, manufactures, and services pumps, valves, seals, and automation solutions to move and regulate fluids in large industrial systems. Its offerings include both new equipment sales and aftermarket services like maintenance, repair, and optimization of installed assets, supported by a network of manufacturing facilities, service centers, and sales offices. The company differentiates itself through its engineering expertise, broad product portfolio, and global footprint that enables customized, reliable solutions for complex operations. Flowserve aims to help customers operate safely and efficiently by ensuring high performance and long asset life through effective flow control and system reliability.
Company Size
10,001+
Company Stage
IPO
Headquarters
Irving, Texas
Founded
1912
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Health Insurance
Paid Vacation
Paid Holidays
401(k) Retirement Plan
Flowserve opens US$47 million center in Torreón. Published: 2026-03-31 Flowserve has inaugurated a new engineering and advanced manufacturing center in Torreón, Coahuila, backed by an investment of approximately US$47 million, strengthening the region's industrial base. The facility will focus on the design, engineering, and production of equipment for fluid management, including pumps, valves, mechanical seals, and automation systems. The project is expected to generate hundreds of jobs, contributing to economic growth in the Laguna region, which continues to attract new industrial investments. The new center will also support Flowserve's operations across the Americas, enhancing its global engineering capabilities and supply chain efficiency. State authorities highlighted that the investment reinforces Coahuila's position as a competitive destination for foreign companies, driven by factors such as workforce quality, infrastructure, and business-friendly conditions. In addition to the engineering hub, the company announced plans to further expand its presence in the region with a new industrial pump manufacturing facility, signaling continued long-term investment in northern Mexico.
Flowserve to invest US$44.5 million in Torreon. 31 March, 2026 Flowserve has opened a new advanced engineering and manufacturing center in Torreon as part of a US$44.5 million investment aimed at creating hundreds of jobs in La Laguna. Manolo Jimenez Salinas, governor of Coahuila, emphasized that this project strengthens the state's industrial development and cements La Laguna's role as a key driver of economic growth. "This investment strengthens Coahuila's industrial development, generating more opportunities for our people and better conditions to continue moving forward," the governor noted. For his part, State Secretary of Economy Luis Olivares Martinez stated that the arrival of new investments reflects concrete results in the economic development strategy, while expanding the region's productive capacities. The Vice President of Industrial Pumps, Sandra Garcia Ardil, acknowledged the support of state and local authorities, noting that the joint effort was key to bringing the project to fruition. Also present at the event were state and municipal authorities and representatives of the industrial sector, who agreed that this investment marks a new phase of growth for the Laguna region, amid a series of ongoing announcements of productive projects in the state.
Flowserve (NYSE: FLS) reshapes pumps division and accounting leadership. Filing Impact (Moderate) Filing Sentiment Rhea-AI Filing summary. Flowserve Corporation announced leadership changes in its Flowserve Pumps Division and finance organization. Lamar Duhon, President of the Flowserve Pumps Division (FPD), has resigned to become President & CEO of a privately held company and will remain in his role until April 10, 2026. Matthew Klopfer, currently Vice President, Strategic Business Management for FPD and formerly Vice President, General Manager of Flowserve's Industrial Pumps Business Unit, will become President of FPD effective April 11, 2026. Flowserve also disclosed that Chief Accounting Officer Scott Vopni plans to retire as of June 30, 2026, and the company has started a search for his permanent successor. If a new Chief Accounting Officer is not in place by Mr. Vopni's retirement date, Chief Financial Officer Amy Schwetz will serve as interim Chief Accounting Officer until a replacement is identified, providing continuity in the company's financial leadership. 8-K event classification. Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers 03/26/2026 - 07:30 AM Faq. What leadership change did Flowserve (FLS) announce in its Pumps Division? Flowserve announced that Lamar Duhon resigned as President of the Flowserve Pumps Division, effective April 10, 2026. He will be succeeded by Matthew Klopfer, currently Vice President, Strategic Business Management for FPD, who becomes President of FPD on April 11, 2026. Who is replacing Lamar Duhon as President of Flowserve's Flowserve Pumps Division? Flowserve appointed Matthew Klopfer as President of the Flowserve Pumps Division, effective April 11, 2026. Klopfer previously led Flowserve's Industrial Pumps Business Unit, where he expanded margins, improved on-time delivery, and implemented the company's 80/20 complexity reduction program. What experience does Matthew Klopfer bring to his new role at Flowserve (FLS)? Matthew Klopfer has served as Vice President, Strategic Business Management for FPD and earlier as Vice President, General Manager of Flowserve's Industrial Pumps Business Unit. In that role, he expanded margins, improved customer delivery, and led implementation of Flowserve's 80/20 complexity reduction program. When is Flowserve's Chief Accounting Officer Scott Vopni retiring? Flowserve stated that Chief Accounting Officer Scott Vopni intends to retire from the company as of June 30, 2026. His planned retirement date provides time for a comprehensive search to identify and appoint a permanent successor to the Chief Accounting Officer role. Who will act as interim Chief Accounting Officer at Flowserve if no successor is found by June 30, 2026? If Flowserve has not appointed a new Chief Accounting Officer by June 30, 2026, Chief Financial Officer Amy Schwetz will serve as interim Chief Accounting Officer. She will hold this additional role until a permanent replacement is identified and appointed by the company. Why did Lamar Duhon resign from Flowserve's Flowserve Pumps Division? Flowserve reported that Lamar Duhon resigned as President of the Flowserve Pumps Division to accept a position as President and Chief Executive Officer of a privately held company. He will continue in his current role at Flowserve until his departure on April 10, 2026. Filing exhibits & attachments. 3 documents
Flowserve has appointed Brian Savoy, CFO of Duke Energy, to its board of directors and audit committee. The move adds senior finance and transformation experience to the industrial manufacturer's governance structure. Savoy brings experience from Duke Energy, where he has overseen large capital programmes, regulated returns and risk frameworks. His background includes roles as chief strategy and commercial officer and chief transformation officer, giving him expertise in cost management, process improvement and capital allocation. The appointment comes as Flowserve shares trade at $71.40, with mixed recent performance. The stock has delivered a 43.3% return over the past year and 137.8% over three years, though it has declined 19.4% in the past month. The governance update may influence investor expectations around capital allocation and operational improvement.
Remitly, an online money transfer platform backed by Jeff Bezos, is showing strong growth with active customers increasing 29.2% annually. The company's earnings per share grew 108% over the past three years, outpacing revenue gains, whilst its free cash flow margin expanded by 34.7 percentage points. Trading at $16.79 per share, Remitly's trailing 12-month free cash flow margin stands at 18.1%. Flowserve, a flow control equipment manufacturer, demonstrates solid fundamentals with a 31.2% gross margin and earnings per share growth of 29.8% over two years driven by share repurchases. Its free cash flow margin expanded 3.7 percentage points over five years, currently at 9.2%. Live Nation, however, faces challenges with annual sales growth of just 5.3% lagging peers and a below-average 4.3% operating margin. Its free cash flow margin of 6.6% is expected to decline.