The acquisition happened, and Watts Water started running Changsha Valve as a subsidiary, renamed Watts Valve (Changsha) Co.

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Safe to say that the Department of Defense does not have a submersible with arms to shut off the valve of a deep-water oil well.

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That thinking changed on March 28, 1979, when a small valve stuck open, cooling water escaped and the reactor core of TMI's Unit 2 began to melt.

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In traditional geothermal energy, engineers drill near a geyser, hot spring or volcano, stick a valve and turbine on the hot water, and that's pretty much it.

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Watts Water wanted to buy a company in China named Changsha Valve.

FORBES: Bad Diligence? Malpractice? Or Just Chutzpah?

Watts Water also installed a Director of Legal Compliance at Watts Valve.

FORBES: Bad Diligence? Malpractice? Or Just Chutzpah?

The superintendent of the Pecos Valley Artesian Conservancy District, Dennis Karnes, can still remember sitting on a well-pipe as a boy and being launched into the duckpond as soon as the farmer opened the valve and natural pressure spewed several thousand gallons a minute of ground water against his legs.

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Among other response activities are on-water skimming, subsurface wellhead operations, continued efforts to see if they can get that shut-off valve to close, and significant booming efforts underway to protect vital shoreline.

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These valves use a screw type valve instead of a simple flap, and they have a pressure regulating mechanism that will vent water to the ground if the intake pressure exceeds a set level.

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