Full steam ahead for Tyco

SHANGHAI: Tyco Flow Control, the world's largest valve producer, aims to maintain double-digit growth in China in the coming years, driven by strong demand from the country's booming power, water and energy sectors, a senior company official said.

"Our aim is to continue growing in double digits," Jan van Ooijen, president of Tyco Flow Control Asia, told China Daily yesterday.

"We should, at least, grow as fast as or faster than (China's) GDP growth," the president said. But he declined to disclose the sales figures it achieved in China last year, citing company policies.