1960
By early in this decade Spence Engineering Company owned half of the market for pilot-operated steam regulators
1967
Spence manufacturing facility moved to its current 79,000 square foot location in Walden, NY
1984
Spence family sold the company to Watts Industries, a well-established valve manufacturing corporation with a strong presence in the HVAC market
1989
Spence acquires the Nicholson Steam Trap line of industrial and process steam traps
1990
Spence Engineering Company takes over the manufacturing of safety relief valves, from the Watts Industries Canadian division, and becomes certified by the American Society of Mechanical Engineers (ASME) as a manufacturer and assembler of safety relief valves
1994
Fueled by a reputation for building quality products, Spence sales more the doubled from $6.7 million to $14 million.
1998
Spence acquires the Series 2000 line of Temperature Regulator from Ashcroft.
1999
Spence Engineering and Nicholson Steam Trap receive ISO-9001 certification as manufacturers of fluid control and steam specialty devices
1999
CIRCOR International, of Burlington, MA, acquired the HVAC, Oil & Gas, and Instrumentation divisions of Watts Industries including Spence Engineering.
2001
Spence acquired the RXSO Rockwood Swendeman line of cryogenic safety relief valves
2005
Spence Engineering incorporates "Six Sigma" lean manufacturing practices at its Walden, NY facility
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