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Flowserve to expand Coimbatore operations

Flowserve, a leading pump manufacturer is setting up a new unit at its Othakalmandapam plant in Coimbatore in Tamil Nadu. The new unit will come up on 8 acres of vacant land at its existing unit will manufacture complex pumps for oil and gas industry and probably nuclear power sector pumps. The new unit will become operational by 2011-12. The company exports around 95% of its valves and 30% of its pumps manufactured here. Its Indian operations are growing at 35% YoY growth.

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