Flowserve Corporation engages in the design, manufacture, distribution, and service of industrial flow management equipment. The company operates in three segments: FSG Engineered Product, FSG Industrial Product, and Flow Control. The FSG Engineered Product segment is involved in designing, manufacturing, distributing, and servicing engineered pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, and related equipment, as well as offers related services for the oil and gas, power generation, chemical, water management, and general industries. The FSG Industrial Product segment designs, manufactures, distributes, and services pre-configured pumps and pump systems, including submersible motors and specialty products, as well as replacement parts and related equipment for the oil and gas, chemical, water management, power generation, and general industries. The Flow Control segment designs, manufactures, distributes, and services industrial valve and automation solutions comprising isolation and control valves, actuation, controls, and related equipment; and energy management products, such as steam traps, boiler controls and condensate, and energy recovery systems. This segment provides its products to control, direct, and manage the flow of liquids and gases for chemical; power generation; oil and gas; water management; and general industries, including aerospace, pulp and paper, and mining companies. The company also offers aftermarket equipment services, such as installation, advanced diagnostics, repair, and retrofitting. It distributes its products through direct sales, distributors, and sales representatives worldwide. Flowserve Corporation was founded in 1912 and is headquartered in Irving, Texas.