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HR Professionals Gather at VMA Workshop

HR Professionals Gather at VMA Workshop

Human resources managers, executives rep...

Valves in a Cement Slurry Line

Valves in a Cement Slurry Line

Basically everywhere you look in modern ...

Triple Offset Butterfly Valves

Triple Offset Butterfly Valves

Since their introduction to the market m...

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Industry Headlines

‘Buy America’ Debate Holds Up Water Infrastructure Bill

Thursday, 08 December 2016  |  Chris Guy

A debate in Congress is taking place over whether to restore a ‘Buy America’ provision in the Water Resources Development Act (WRDA) befor...

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Industry Headlines

GE Oil & Gas Signs Agreement with TAG GmbH

1 DAY AGO

GE Oil & Gas has signed an agreement with TAG (Trans Austria Gasleitung) GmbH, a pipeline operator with stations across Austria, to install its new Tuning Maintenance Software (TUMAS) across TAG’s fleet of 16 PGT25 gas turbines. This is the first time this solution has been rolled out across...

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Apollo Valves Combining with Shurjoint Mechanical Groove Systems

2 DAYS AGO

Aalberts Industries, parent company of Apollo Valves, has acquired 100% of Shurjoint Piping Products USA, Inc., Haohan Metal (Kunshan) Co. Ltd. and Shurjoint Metals Inc., effective November 29, 2016. The acquisition will be led by Aalberts CEO Glenn L. Mosack and sr. vice president global sales and ma...

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‘Buy America’ Debate Holds Up Water Infrastructure Bill

3 HOURS AGO

A debate in Congress is taking place over whether to restore a ‘Buy America’ provision in the Water Resources Development Act (WRDA) before a final version is voted on. The ‘Buy America’ rule already passed in the Senate version of the bill. It was then pulled from the compromi...

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New Pipeline Safety Rule Expands Excess Flow Valve Requirements Again

2 DAYS AGO

In October, 2016, The Pipeline and Hazardous Materials Safety Administration (PHMSA) announced a final rule that expands safety requirements for excess flow valves (EFVs) to multi-residential and commercial applications. That version of the rule covered the installation of EFVs in new or replaced se...

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Poll: U.S. Economy to Grow 2.2% in 2017

1 DAY AGO

National Association for Business Economics’ (NABE) December 2016 Outlook Survey forecasts 2.2% growth in real GDP for 2017. The annualized growth rate forecasted for 2017 inched downward to 2.2% in the current survey from 2.3% in September. Both projections illustrate the panel’s expectat...

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U.S. Factory Orders Rose 2.7% in October

1 DAY AGO

New orders for manufactured goods in October, up four consecutive months, increased $12.5 billion or 2.7% to $469.4 billion, the U.S. Department of Commerce reports . This followed a 0.6% September increase.

New orders for manufactured durable goods in October, up four consecutive months, increased $10...

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Reed Construction Data Highlights New Developments in Commercial Construction

Nonresidential construction spending fell 0.7% from June to $298.8 billion, while year-to-date nonresidential construction spending was up 8.4% from the same period for 2011 notes Reed Construction Data U.S. chief economist Bernard M. Markstein. June numbers were revised down $1.3 billion. As a result, instead of rising 0.3% as was originally reported, June spending declined 0.1%. July construction spending increased 0.2% for office, 0.4% for health care, and 0.7% for public safety.

Manufacturing construction spending fell 2.2% in July after having increased the previous five months. Despite July’s drop, year-to-date spending was up 31.7% over the same period last year.

July heavy engineering construction spending slumped 0.6% from June to $264.3 billion, while year-to-date spending rose 10.7% from the same period in 2011. June’s spending was revised down $2.0 billion. Thus, June’s decline was revised down from the previously reported 0.2% to a 1.1% fall. Transportation spending, which jumped 1.3%, was the only major heavy engineering area to advance in July.

Private construction spending decreased $6.9 billion in July, a 1.2% drop from June. However, this was only its second time private spending has fallen over the previous 12 months. On a year-to-date basis, private spending advance 15.8% from the same period in 2011.

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