Tag: Addison

GE completes acquisition of Dresser

GE has closed its USD 3 billion acquisition of Dresser, Inc. Dresser is based in Addison, Texas, and has 6300 employees worldwide. With valves, actuators, meters, switches, regulators, piping products and various other products supporting compression, flow technology, measurement and distribution infrastructure, 60% of Dresser’s revenues come from outside North America.