Snapshot

Flowserve Corp. is one of the world's leading providers of fluid motion and control products and services. Operating in more than 55 countries, the company produces engineered and industrial pumps, seals and valves as well as a range of related flow management services.

The company's corporate headquarters are in Irving, Texas. It is organized around a corporate division and three product-related divisions. Corporate is responsible for finance, accounting, marketing, communications, human resources, investor relations, information technology, legal, and procurement. Other divisions are: Flowserve Pump Division (FPD), Flow Control Division (FCD), and Flow Solutions Division (FSD).

The company is publicly traded on the New York Stock Exchange under the symbol FLS.

As of Dec. 31, 2008, Flowserve had a focused workforce of more than 15,000 associates in more than 55 countries. As a leading manufacturer and aftermarket service provider of comprehensive flow control systems, Flowserve continued in 2008 to expand its presence supporting infrastructure initiatives around the world. Joining the S&P 500 Index in 2008, the company had sales of $4.47 billion.

In 2008, Flowserve business was concentrated in infrastructure-related markets, serving the following industries:

• Oil and gas
• Chemical
• Power generation
• Wind
• Solar
• Nuclear
• Geothermal
• Water
• Various general industries