DeZURIK Company Profile

Background

Founded in 1928, DeZURIK, Inc. is a leading manufacturer of industrial valves and actuators, serving both municipal and industrial markets. The company's mission is to apply exceptional flow control expertise to the development of vital water and industrial infrastructure. DeZURIK's product portfolio includes a wide range of valves designed for applications in water and wastewater treatment, power generation, mining, pulp and paper, chemical processing, petroleum, and petrochemical industries. With a commitment to innovation and quality, DeZURIK has established itself as a significant player in the flow control industry.

Key Strategic Focus

DeZURIK's strategic focus centers on delivering high-quality, reliable valve solutions tailored to the specific needs of various industries. The company specializes in designing and manufacturing a diverse range of valves, including eccentric plug valves, high-performance butterfly valves, resilient seated butterfly valves, rotary control valves, rubber flapper check valves, and air valves. By leveraging advanced technologies and engineering expertise, DeZURIK aims to enhance operational efficiency and safety for its clients. The primary markets targeted include water and wastewater treatment, power generation, mining, pulp and paper, chemical processing, petroleum, and petrochemical sectors.

Financials and Funding

DeZURIK is a privately held company with a strong financial foundation. In 2004, the company was acquired by private equity firms Granite Partners and RockWood Equity Partners from SPX Technologies for $30 million. In 2020, DeZURIK acquired Red Valve Company, Inc. from Hillenbrand, Inc. for $63 million, further expanding its product offerings and market reach. These strategic acquisitions have been instrumental in strengthening DeZURIK's position in the industry.

Pipeline Development

DeZURIK continually invests in the development of new products and enhancements to existing lines to meet evolving industry demands. Recent product launches include the KUL EF Extended Flange Urethane Lined Knife Gate Valve, designed to provide superior performance in abrasive applications. The company maintains a robust pipeline of innovative valve solutions, with ongoing research and development efforts aimed at addressing the specific needs of its diverse customer base.

Technological Platform and Innovation

DeZURIK differentiates itself through its commitment to technological innovation and proprietary designs. The company's product portfolio features advanced valve technologies, such as the ASME Class Severe Service Knife Gate Valve and the Extended Service Knife Gate Valve, engineered for demanding applications. DeZURIK's engineering team employs cutting-edge scientific methodologies and precision manufacturing processes to ensure the highest standards of quality and performance.

Leadership Team

Bryan Burns: President and Chief Executive Officer. Appointed as CEO in 2017, Bryan has been instrumental in guiding DeZURIK's strategic direction and growth initiatives.

Jeff Jagerson: Chief Financial Officer. Jeff oversees the company's financial operations, ensuring fiscal responsibility and supporting strategic financial planning.

Steve Clauson: Director of International Sales & Global Mining. Steve leads the company's international sales efforts, focusing on expanding DeZURIK's presence in global mining markets.

Leadership Changes

In 2017, Bryan Burns was appointed as President and Chief Executive Officer, succeeding the previous leadership. Under his leadership, DeZURIK has pursued strategic acquisitions and expanded its product offerings to strengthen its market position.

Competitor Profile

Market Insights and Dynamics

The industrial valve market is characterized by steady growth, driven by increasing demand in sectors such as water and wastewater treatment, power generation, and chemical processing. Technological advancements and the need for efficient flow control solutions contribute to the market's expansion.

Competitor Analysis

DeZURIK faces competition from several key players in the industry:

Val-Matic: Founded in 1966 and headquartered in Elmhurst, Illinois, Val-Matic manufactures industrial valves and actuators, competing in similar sectors as DeZURIK.

Cla-Val: Established in 1936 and based in Costa Mesa, California, Cla-Val specializes in automatic control valves for various applications, including waterworks and fire protection.

Impro China: A manufacturer of casting and machined components, Impro China serves industries that overlap with DeZURIK's target markets.

Seco Tools: Specializing in metal cutting and machining solutions, Seco Tools offers products that complement the industrial valve market.

HSM: Known for manufacturing coiled seating springs, HSM operates in the broader industrial manufacturing sector.

Strategic Collaborations and Partnerships

DeZURIK has engaged in strategic acquisitions to enhance its product portfolio and market reach. Notably, the acquisition of Red Valve Company, Inc. in 2020 expanded DeZURIK's offerings in elastomers, pinch valves, check valves, and engineered mixing systems. These collaborations have strengthened DeZURIK's position in the flow control industry.

Operational Insights

DeZURIK's strategic initiatives include expanding manufacturing capabilities and enhancing service centers to better serve its customers. In 2018, the company announced plans to expand production in Sartell, Minnesota, and open a new service center.