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Groth Corporation Opens New Facility, Lab Expansion

A ribbon cutting ceremony was recently held for Groth Corporation's brand new 3,200 square foot Flame Control Laboratory along with enhancements to their Flow Laboratory at their Stafford, TX manufacturing facility.

In addition to Groth Corporation staff and sales representatives from around the world, also in attendance at the ribbon cutting was Stafford Mayor Scarcella along with several Stafford city council members.

The laboratories will allow for enhanced capabilities to meet ever changing requirements of pressure relief & flame control solutions throughout all process industries, spanning the globe.

Enhancements to the Groth Flow Lab make it one of the most modern, low pressure, high volume flow labs in the U.S. It meets ASME PTC-25 requirements and is TUV certified. It can flow air at 600,000 standard cubic feet per hour in both pressure and vacuum and can reach pressures up to 5 PSI.

The new Groth Flame Control Lab is designed to perform deflagration and burn tests per the European ATEX, Factory Mutual and U.S. Coast Guard test standards. The lab has the capability to test with various gases, including Methane, Propane, Ethylene and others.

"The new laboratories will elevate our strategic new product development efforts and continue to provide support to our current product lines,” said Steven Breid, vice president of sales & marketing.  

Valves in N.A. Oil & Gas Midstream Sector Growing at CAGR of 6.27%

The industrial valves market in North American oil and gas midstream sector will grow at a CAGR of 6.27% over the period 2013-2018, according to research from TechNavio. Companies like Cameron, Emerson, Flowserve, Pentair, GE (Dresser- Rand Group), Metso and Velan are discussed in the newly released report.

The oil and gas industry in North America has been successful in extraction large scale production of natural gas. Heavy expansion in oil and gas extraction has led to the growth of the midstream segment, enhancing the demand for industrial valves used in midstream application. The valves used in the midstream sector depend on the application, nature of medium and flow attributes. 

Mueller Water Products Reports Fourth Quarter, Full Year Results

Mueller Water Products, Inc. announced that for its fiscal fourth quarter ended Sept. 30, 2014, net sales were $320.7 million, an increase of 9.4% over the prior year. Operating income was $43.0 million compared with $33.2 million in the prior year, an increase of 29.5%, and adjusted operating income was $43.1 million compared with $33.4 million in the prior year, an increase of 29.0%.

For the full year, net sales were $1,184.7 million, an increase of 5.7% over the prior year. Operating income was $124.1 million compared with $97.3 million in the prior year, an increase of 27.5%, and adjusted operating income was $127.2 million compared with $98.8 million in the prior year, an increase of 28.7%. 

MSS Receives ANSI Approval for Comprehensive Terminology Standard for Valves and Fittings

The Manufactures Standardization Society (MSS) announces that Standard Practice, SP-96-2011, Guidelines on Terminology for Valves and Fittings, has been approved by the American National Standards Institute (ANSI) as an American National Standard (ANS).

This Standard Practice was originally published in 1986. It was developed under MSS Committee 302 (Marking and Terminology) and is a unique and established industry standard that lists and defines principle terminology and acronyms widely used to describe valves, fittings, and related components. On September 26, 2014, ANSI granted final approval of MSS SP-96-2011 as the comprehensive ANS for valve and fittings terminology. Industry will benefit from having MSS SP-96 as an ANS, with a common list of preferred terms and definitions, to improve communication and further promote standardization.

ANSI/MSS SP-96-2011 lists and defines principle terms and acronyms widely used to describe valves, fittings, and related components. It is comprised of separate sections which contain: (1) Acronyms for organizations whose documents are applicable to valves and fittings, and a brief summary of the applicable area of interest; (2) A glossary of terms used in valve and fittings specifications to describe design, operation, and performance characteristics; and (3) Abbreviations commonly used in the valve and fittings industry.

Flowserve Reports 2014 Results

Flowserve’s financial results for the first nine months of 2014 (as compared to the 2013 period) are highlighted by fully diluted EPS of $2.60 per share, up 7.9%, on relatively flat constant currency sales of $3.5 billion, adjusted for divestitures. Gross profit of $1.2 billion and operating income of $551.1 million represent margins of 35.1% and 15.8%, up 90 and 40 basis points, respectively. Bookings for the nine months ended September 30, 2014 totaled $3.9 billion, up 5.9% or 7.1% on a constant currency basis, representing a year-to-date book-to-bill of 1.1 times. 

New Products

 

Valve Magazine Digital Edition

14 SUM CVR 160x214Inside the Summer 2014 issue…

• Attracting Talent
• Advances in Machining
• Severe Service in Power Plants
• SIS Tests and Standards

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