The Chicago Cubs and Sloan Valve Company announced a partnership that makes the Franklin, Ill.-based maker of water-efficient sustainability products the new naming rights holder for the baseball team’s spring training facility in Mesa, Ariz., that is now known as Sloan Park.

“This is a perfect partnership with a Chicago-area company with a history just as rich as Wrigley Field and the Chicago Cubs,” said Julian Green, vice president of communications and community aff...

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