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Flowserve Corp
Flowserve Corp is a public company that trades on the New York Stock Exchange (NYSE) under the ticker symbol FLS. The company is a leading provider of fluid motion and control products and services for various industries, including oil and gas, chemical, power generation, and water resources. Here are some general information and statistics about Flowserve Corp:
* Flowserve Corp was founded in 1997 and is headquartered in Irving, Texas, USA.
* The company has a diverse portfolio of products and services, including pumps, valves, seals, automation, and aftermarket services.
* Flowserve Corp has operations in over 50 countries worldwide and employs over 17,000 people.
* In 2020, the company's revenue was $3.97 billion, with a net income of $298 million.
* As of March 2023, the company's market capitalization is over $6.6 billion.
* Flowserve Corp has a strong commitment to sustainability and has set several goals to reduce its environmental impact, such as reducing greenhouse gas emissions by 50% by 2025.
* The company has been recognized for its philanthropic efforts, particularly in the areas of education and healthcare.
* Flowserve Corp has a long history of strategic acquisitions, including the recent acquisition of Velan Valve Corporation in 2020.
* The company's largest shareholders include institutional investors such as Vanguard Group, BlackRock, Inc., and State Street Corporation.
* Flowserve Corp's financial performance is influenced by various factors such as global economic conditions, oil and gas demand, and industry-specific trends.
* The company's stock price has been affected by the COVID-19 pandemic and global economic uncertainty, but it has generally trended upwards over the long term.
* Flowserve Corp has a dividend yield of around 2.3%, which is slightly higher than the industry average.
* The company has a strong track record of innovation, with numerous patents and awards for its products and solutions.
* Flowserve Corp has a diverse board of directors with a range of expertise, including several independent directors and a female CEO, Joyce CorrING.
* The company's management team has a strong focus on safety and has implemented various initiatives to promote a culture of safety throughout the organization.
* Flowserve Corp has been recognized for its philanthropic efforts, particularly in supporting STEM education and workforce development programs.
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