Flowserve to Donate for Tsunami Relief Effort

10.01.2005

Flowserve Corp. announced that on behalf of its 14,000 employees around the world it would donate up to $150,000 to the Red Cross for earthquake and tsunami relief efforts in Southeast Asia. Flowserve chose this organization based on its global reach and disaster expertise.

"Southeast Asia has suffered a terrible tragedy," said C. Scott Greer, Flowserve's chairman, president and chief executive officer. "Thankfully, our current information indicates that none of our employees or their direct family members have been injured or lost. But, our employees from around the world realize other families and companies weren't as fortunate, so they immediately took action in the days following the disaster. Many quickly made cash donations while others became volunteers preparing survival kits for the affected areas. Southeast Asia is very important to Flowserve as our operations in the region support many of our largest customers."

Flowserve made an initial donation of $50,000 to the Red Cross and is currently conducting a fundraising drive that will match dollar-for-dollar the first $50,000 donated by its employees.

Flowserve Corp. is one of the world's leading providers of fluid motion and control products and services. Operating in 56 countries, the company produces engineered and industrial pumps, seals and valves as well as a range of related flow management services.

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