Flowserve One of the Safest Companies in America

...control products and services, Flowserve received nearly six percent of the total of 168 NSC awards bestowed, the second most awards garnered by any one company for achievement in the 2005 calendar year.

The NSC recognizes companies based on lost workday cases within each respective North American Industry Classification System (NAICS) two-digit code classifications. Additional selection criteria includes top level participation and achievement in annual NSC Occupational Excellence Achievement (OEA) Awards based upon safety data reported during the preceding award year.

Continuous Record

During the entire four years of the NSC recognition program, Flowserve has received 21 awards. In addition to this year's awards, six were received in 2005, four in 2004, and one in 2003. This progression shows a continuing record of safety achievement and advancement for the company.

"It is a great honor for our entire team and our operation," said Lewis Kling, Flowserve President and CEO. "These awards highlight the importance of our focus on safety performance. Such a focus helps Flowserve compete in the global marketplace by reducing costs and improving productivity and on-time delivery."

According to Stephen C. Wilson, director for safety, health and environmental affairs for Flowserve, "Flowserve was awarded nine of the 27 awards in NAICS category 33 for manufacturing, for a total of 33 percent of all awards in that group. The corporation also received one of two awards given in NAICS category 81 for service and repair."

"These Industry Leader Awards are in addition to the 79 other NSC awards conferred on our facilities for safe operations during 2005," said Wilson. "These awards are for achievements such as going the entire year without a 'lost time' accident, and having a 'total recordable rate' of less than half of our corporate peers."