A New Jersey company is making plans to move part of its operations to the Lehigh Valley--and that means jobs!
Flowserve Corporation, a global manufacturer and supplier of flow management systems in the oil and gas industry, will relocate a portion of its out-of-state pump division operations to a facility in Hanover Township, Northampton County.
The company will relocate a key segment of its Engineered Pumps Division, located in New Jersey, bringing 124 new jobs to the region.
“We are excited about relocating to Pennsylvania. The new facility will be the home of numerous pump, technical and commercial resources, as well as research and development engineers,” said Tom Pajonas, Flowserve's chief operating officer.
Overall, the company will enter into a 10-year lease and invest more than $1.5 million in renovations, infrastructure improvements, and new equipment.
The relocation is projected to create 124 jobs within the next three years.
To help with relocation costs, Flowserve received a $310,000 grant from the state Department of Community and Economic Development.
Flowserve Corporation is a leading global manufacturer and supplier of pumps, valves, seals, automation and services to the power, oil, gas, chemical and other industries.
Headquartered in Irving, Texas, the company has a client base in more than 70 countries.