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GOODWILL (Table)
9 Months Ended
Sep. 30, 2011
Goodwill [Abstract] 
Schedule Of Goodwill [Text Block]
   (In thousands) 
  Flow Control Motion Control Metal Treatment Consolidated 
December 31, 2010 $ 310,047 $ 354,607 $ 28,918 $ 693,572 
Acquisitions   5,800   39,343   16,812   61,955 
Divestitures   (540)   (1,170)   -   (1,710) 
Foreign currency translation adjustment   (2,438)   (5,186)   (68)   (7,692) 
Goodwill adjustments   -   (4,039)   -   (4,039) 
September 30, 2011 $ 312,869 $ 383,555 $ 45,662 $ 742,086