Rotork acquires Fairchild Industrial Products Company
Rotork has announced the acquisition of Fairchild Industrial Products Company, a manufacturer of high-precision pneumatic controls and power transmission products based in North Carolina, USA.
Fairchild manufactures a full range of regulators, boosters, relays and transducers. The products are used in a wide variety of applications that require precision control of pneumatic devices and motion control equipment. As well as oil and gas applications, the company also benefits from orders in pharmaceutical and biomedical equipment, tyre manufacturing machinery, robotics, food processing and chemical manufacturing applications.
The acquisition of Fairchild is in line with Rotork’s strategy of strengthening its presence in the global flow control market, as part of which the group also announces the creation of a new division, Rotork Instruments. Rotork Instruments will focus on developing further opportunities in the flow control market; in particular, products associated with flow and pressure control and diagnostic and information gathering technology. Fairchild will be the first company within the Rotork Instruments division.
Commenting on the acquisition, Rotork Group Chief Executive Peter France, said: “The acquisition of Fairchild will strengthen our presence in the global flow control market and, forming the new division, Rotork Instruments, will broaden the scope of the group’s activities.”
Fairchild’s sole distributor for the Australian sales territory is Rotork Australia, which has five regional offices that will provide support.
Renewables remain cheapest option: GenCost report
CSIRO and AEMO have released the final 2024–25 GenCost Report, which provides...
Whyalla Steelworks gets a funding boost
The Australian and SA Governments have announced a further funding commitment to the Whyalla...
UNSW researchers to scale up development of clean aviation fuel
UNSW researchers have been granted $1.2 million to help them scale up a next-generation...