Flexcon Industries is established as a joint venture with the Dutch-based Flamco Group. Flexcon manufactures pre-pressurized diaphragm expansion tanks for water well, water pressure boosting, reverse-osmosis, heating, and thermal applications.
Vent-Rite Valve Corp. acquires the Skidmore pump assets from Sta-Rite Industries. Vent-Rite moves into Skidmore’s facility in Benton Harbor, Michigan. Skidmore is a leading manufacturer of Steam return pumps.
The Swan Family, owners of Flexcon Industries, and the Lai Family, owners of TankPAC Industries, form a joint venture, Global Water Solutions Ltd, to market water pressure tanks and accessories globally. Sean Natarajan moves from Flexcon to become company CEO.
Thomas J. Swan, Jr., chairman of The Swan Group, died on March 5, 2011 in Palm Beach, Fla., after a long battle with several health problems. He leaves his wife, Carroll; son, Tom III (TJ); his brother Joseph E. Swan and family.
Swan attended St Sebastian’s School, Harvard College and the University of Chicago Business School. He began his career at Emerson-Swan on Oct. 21, 1967, after leaving law school in order to assist his ailing father who needed his help in running the family business, manufacturers representative firm Emerson-Swan. Over the years his vision, along with the assistance of his brother, who joined the company two years later, set Emerson-Swan on a transformative and successful path.
His vision, industry knowledge and unique ability to put people together led to the formation of The Swan Group, an international company involved in manufacturing and the distribution of plumbing, heating and well-water products. These companies — Flexcon, GWS, Skidmore, Vent-Rite Valve Corp. and Smith’s — do business in North America, South America, Europe and Asia, including approximately 90 countries.
In addition to his involvement in overseeing the Swan Group as its chairman, Swan sat on many boards, including St Sebastian’s (past chairman), Wianno Club (past president), Board of Electrographic Corp. and Oxy-Dry Corp. He also was a board member of McLean Hospital and a member of the Corporation of Partners Healthcare System. He served on the University Resources Committee and the Advisory Committee on Shareholder Responsibility at Harvard University.
Swan talked frequently to his brother during the last weeks of his life about his associates, customers and manufacturers, and how much he “respected and appreciated” all of the remarkable individuals he worked with during the past 44 years.
His family, friends and associates will miss his leadership, vision, intellect, humor, caring, energy and friendship.
The Swan Group Executive Team (SGET) is created to serve as a leadership Team for the entire Swan Group organization. The team consists of Thomas J Swan, III, Keith T Swan, Parker Wheat and George Simas III.
Joseph E Swan retires as CEO of The Swan Group. He is succeeded by Thomas J Swan III and Joe’s son, Keith T. Swan, who become co-CEO’s of The Swan Group commencing a 3rd generation of family leadership. Parker Wheat assumes the role of Vice Chairman of the Swan Group in addition to his role as CEO of Emerson Swan, and George Simas III assumes the role of Executive Vice President of the Swan Group in addition to his role as President and COO of Emerson Swan.