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RESTRUCTURING ACTIVITIES (Table)
9 Months Ended
Sep. 30, 2012
Restructuring Activities [Abstract]  
Schedule of Restructuring and Related Costs [Table Text Block]
   (In thousands) 
  Three Months Ended 
  September 30,2012 
  Flow Control Motion Control Metal Treatment Consolidated 
Cost of sales $ 18 $ 215 $ 769 $ 1,002 
General and administrative   512   153   32   697 
Total $ 530 $ 368 $ 801 $ 1,699 
              

   (In thousands) 
  Nine Months Ended 
  September 30,2012 
  Flow Control Motion Control Metal Treatment Consolidated 
Cost of sales $ 1,303 $ 2,351 $ 1,163 $ 4,817 
Selling expenses   312   -   -   312 
General and administrative   1,649   1,075   4,879   7,603 
Total $ 3,264 $ 3,426 $ 6,042 $ 12,732 

   (In thousands) 
  Severance and Benefits Abandonment of facility costs Total 
December 31, 2011 $ - $ - $ - 
Provisions    6,795   1,090   7,885 
Payments   4,988   408   5,396 
September 30, 2012 $ 1,807 $ 682 $ 2,489