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Perry Blossom Named President of Solon Manufacturing Company

Perry BlossomSolon Manufacturing Company has appointed Perry Blossom as its new president and CEO. Previously, Blossom served as vice president and manager of the Belleville springs division at Solon.

Former president Tim Dunn will remain active throughout the launch of Solon’s newest generation of the density monitor and pressure switch product line. Dunn joined Solon in 1979 after graduating from Ohio University. His career began in manufacturing as a lathe operator where he quickly developed his skills in operations and management. An avid cyclist, Dunn plans on getting back to designing and building bicycle frames, and will remain on the Solon board of directors.

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Metso Supplying World’s Largest FPSO Plant

Metso's stainless steel smart controllers were selected for close to 900 pneumatic actuated control, on-off and emergency shutdown valves on the giant Eni Norge and Statoil owned Goliat floating, production, storage and off-loading (FPSO) plant, which left the South Korean shipyard on Friday, February 13, 2015, for its home in the Barents Sea.

Goliat, the world's largest FPSO plant, is due to be fully installed and operational by the end of 2015, approximately 100 km northwest of Hammerfest, Norway, in the Barents Sea. The colossal FPSO plant, owned 65% by Eni Norge and 35% by Statoil, will produce both oil and gas. With a diameter of 112 meters and a height of 75 meters, the plant is equipped to operate in the extreme Nordic cold climate and darkness during the harsh winters.

Setpoint Integrated Solutions Opening Integrated Technology Center

Setpoint Integrated Solutions ITCSetpoint Integrated Solutions will open an interactive, industrial process showroom at its headquarters located in Baton Rouge, LA on April 16, 2015. Setpoint’s new Integrated Technology Center (ITC) opening will coincide with the grand opening and ribbon cutting ceremony for Setpoint's new 113,000 square foot U.S. operations headquarters.

The ITC will consist of a batch and continuous process equipped with a variety of products that Setpoint sells, integrates and services.

Rotork Acquires Italian Control Systems Manufacturer

MassoRotork has increased its range of flow control products and services for the worldwide marine and offshore industries with the acquisition of Masso Ind s.p.a., a manufacturer of shipboard valve remote control systems (VRCS).

Based in Valduggia in northern Italy, Masso has over 80 years of marine industry experience. Masso VRCS encompass hydraulic and electro-hydraulic systems that are compatible with most integrated automation systems (IAS). 

Ferguson Reports First Half Financial Results

 This week Ferguson Enterprises, Inc. announced its financial results for the first half of the 2015 fiscal year. Wolseley Industrial Group is the industrial division of Ferguson.

Ferguson reported overall growth of 13%, increasing its revenue 11.7% on a like-for-like basis, which measures growth of Ferguson’s existing stores or branches that have been open for at least one year. Like-for-like growth was up from 6% for the same time period last year and 8% at 2014 fiscal year end. Acquisitions contributed 3% of additional revenue growth. Ferguson’s trading margin reached a record high of 7.9%, up from 7.7% at 2014 fiscal year end. Trading profit was 21.9% ahead of last year.

New Products

 

Valve Magazine Digital Edition

15 WNT CVR 160x214Inside the Winter 2015 issue…

• Your Control Systems Are at Risk!
• Building a Better Workforce
• Focus on the Offshore Market
• Forgings: Quality with a Cost

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DIGITAL EDITION PREVIEW EMAIL

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