Flowserve plant closing in Tulsa

 

Texas-based Flowserve Corporation revealed this week its intention to close its Tulsa plant, a move that will affect 52 employees.

Flowserve, a multinational corporation and one of the largest suppliers of industrial and environmental machinery such as pumps, valves to the power, oil, gas and chemical industries notified the Oklahoma Office of Workforce Development.

The company intends to begin the closure of its plant at 724 W 41st St. in Tulsa beginning June 30. A letter notified the state that the closure should be completed during a 14-day period beginning Dec. 31, 2021.

Nineteen employees will be let go during a 14-day period starting June 30. Another 29 workers will be laid off during a two-week period starting Sept. 30 and the final four employees will be let go during a 14-day period starting on Dec. 31.

The company did not offer an explanation or cause for the closure. Flowserve, headquartered in Irving, Texas has more than 18,000 employees in more than 55 countries.

In February, the company reported fourth quarter sales were $985.3 million, down 7.8%, or 8.9% on a constant currency basis. Its total bookings were $825.1 million, down 21.6%.

 

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