Thursday, February 11, 2010

Harlingen Economic Development Corporation Announces Tyco Flow Control (TFC) Expansion

Harlingen Economic Development Corporation Announces Tyco Flow Control (TFC) Expansion
Posted: 02/05/2010
Author: Harlingen Economic Development Corporation
Rio South Texas Economic Council

Harlingen, Texas – February 3, 2010 – The Harlingen Economic Development Corporation announced today that Tyco Flow Control, a business unit of Tyco International Ltd. (NYSE: TYC), intends to expand their facility in Harlingen, Texas, which is estimated to create over 50 new jobs.

Tyco Flow Control plans on a multi-million dollar investment to add a 33,000 square foot expansion and additional equipment to its 80,000 square foot facility in Harlingen. The expansion could bring the total investment in the Harlingen facility to nearly $20 million.

The Harlingen facility began operations in 1984 under the name of Keystone Valve/Anderson Greenwood Co. and celebrated a 25th anniversary last year. “Harlingen has always been a productive location for Tyco Flow Control,” according to Ed Rushing, vice president of operations. “The continued positive business climate of Harlingen and work by the Harlingen Economic Development Corporation helped us to decide to expand our Harlingen facility.”

The announcement is welcome news to Harlingen, according to Mayor Chris Boswell. “Tyco Flow Control is a good corporate citizen and we welcome their continued growth.” “Harlingen is an excellent location for manufacturers,” according to Armando Elizarde, president of the Harlingen Economic Development Corporation. “We take pride in helping existing manufacturers with expansion.”

Tyco Flow Control currently employs 120 people in Harlingen. Construction will commence as soon as plans are complete and the estimated new jobs are planned to be added within one year of occupancy.

The expansion will allow Tyco Flow Control to provide 4 product brands including industry-leading valves and controls, services, and other solutions, to customers in more than 60 countries.

Tyco Flow Control, a business unit of Tyco International Ltd. (NYSE: TYC), is a leading global manufacturer and marketer of valves and controls, water and environmental systems, and thermal control solutions to vital industries including energy, power, water, mining, chemical, food/beverage, and construction. Tyco Flow Control has more than 15,000 employees in more than 300 locations globally. For more information on Tyco Flow Control, visit http://www.tycoflowcontrol.com/.

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