The agreement means Paragon is now the exclusive North American representative for IMI’s valves and other related equipment to the nuclear industry, including actuators and vent silencers. IMI has more than 60 years of experience in nuclear power valves and provides invaluable expertise to prevent and address issues relating to legacy valves in nuclear power plants, as well as designing new valves for the next generation of reactors, including small modular reactors (SMRs). The agreement comes as nuclear power generation is increasingly seen as a vital contributor to the energy transition, providing an ‘always on’ supply of power unaffected by the fluctuations that impact renewables.

Focus on sustainable energy and innovation

Kevin McKown, IMI Process Automation President for the Americas, said: “Our customer-driven approach to technology development is designed to optimise performance, enhance safety, and improve the efficiency of nuclear plants. By addressing legacy valve challenges and advancing nuclear power technologies, we can continue to contribute to a sustainable future for all, ensuring energy security, supporting the energy transition, and reducing greenhouse gas emissions.

“Our partnership with Paragon expands the reach of our products across the US and Canada, delivering important commercial and environmental benefits to an increasing number of nuclear power plants across the continent.”

Mutual commitment to safety and innovation

Doug VanTassell, President and CEO of Paragon, added: “Paragon is very pleased to enter into this agreement with IMI as its team understand the critical importance of ensuring the reliability and safety of flow control systems. Like Paragon, IMI has focused on innovation to develop technologies to extend the life of currently operating nuclear plants, support Power Uprates, and bring next-generation nuclear power stations to market.”