GOODWILL (Table)

12 Months Ended

Dec. 31, 2011

Goodwill [Abstract]

Schedule Of Goodwill [Text Block]

(In thousands)	Flow Control		Motion Control		Metal Treatment		Consolidated
December 31, 2009	$	308,051	$	311,546	$	28,855	$	648,452
Goodwill from 2010 acquisitions		-		27,139		-		27,139
Goodwill adjustments		16		(1,968)		-		(1,952)
Foreign currency translation adjustment		1,980		17,890		63		19,933
December 31, 2010	$	310,047	$	354,607	$	28,918	$	693,572
Goodwill from 2011 acquisitions	$	19,996	$	41,667	$	16,578	$	78,241
Divestitures		(540)		(1,170)		-		(1,710)
Goodwill adjustments		-		(3,955)		-		(3,955)
Foreign currency translation adjustment		(1,284)		(5,365)		(57)		(6,706)
December 31, 2011	$	328,219	$	385,784	$	45,439	$	759,442