It is scouting for opportunities to cooperate with the Chinese government and manufacturers on technology transfer of valves for nuclear reactors as the country is eager to localize production of nuclear power generators, senior company officials said yesterday in eastern China's Suzhou, Jiangsu Province.

"We will build up our presence quickly and catch up with other foreign suppliers (of these products)," said Lewis Kling, chief executive officer of Flowserve. "So we will resort to forming joint ventures and buying of valve and pump producers, which have to be leading players in the Chinese market."

He made the remarks after a ceremony to open its first production facility in China in Suzhou, which the company aims to build into its operational hub in the country and integrate it into its global supply chain.

The 15,000-square-meter Suzhou facility will be supported by its service centers in Shanghai, Beijing, Dalian and Shenzhen. Its production capacity and investment figure were not disclosed.

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