Curtiss-Wright Corp. announced Nov. 25, 2002, that it has agreed with Triten Corp. to purchase the assets of Triten's subsidiary, Tapco International Inc. (Houston, TX), for $10.5 million in cash and assumption of some operating liabilities. The companies were expected to complete their transaction in December 2002.
Lyndhurst, NJ – Curtiss-Wright Corp. announced Nov. 25, 2002, that it has agreed with Triten Corp. to purchase the assets of Triten’s subsidiary, Tapco International Inc. (Houston, TX), for $10.5 million in cash and assumption of some operating liabilities. The companies were expected to complete their transaction in December 2002. Tapco will become part of Curtiss-Wright’s Flow Control division. Tapco designs, engineers, and manufactures high-performance, metal-seated industrial gate valves, butterfly valves, flapper valves, actuators, and internal components used in high-temperature, highly abrasive and highly corrosive environments in the petrochemical refining industry. It also provides inspection, installation, repair and maintenance, and other field services for harsh-environment flow control systems.
