Watts Industries, Inc., with worldwide sales of approximately $550 million, designs, manufactures and sells an extensive line of valves to the Plumbing and Heating and Water Quality markets.
Watts Acquires Powers Process Controls
October 4, 2001
Watts Industries, Inc. announced that it has acquired the Powers Process Controls Division of Mark Controls Corp., a subsidiary of Crane Co. located in Skokie, IL, and Mississauga, ON, Canada. Powers designs and manufactures thermostatic mixing valves for personal safety and process control applications in commercial and institutional facilities. Powers also manufactures control valves and commercial plumbing brass products including shower valves and lavatory faucets. Current annualized sales are approximately $20 million.