09302016Fri
Last updateThu, 29 Sep 2016 6pm

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Caution: Horizontal Stem Installation Ahead

Caution: Horizontal Stem Installation Ahead

When it comes to linear valve installati...

The Critical Stem Nut: Who is Responsible for Maintenance?

The Critical Stem Nut: Who is Responsible for Maintenance?

One of the most important components of ...

An Alternative Basics Education: Valve Ed Comes to You!

An Alternative Basics Education: Valve Ed Comes to You!

For the first time in the seven-year his...

Give Your Flow Meter a Happy Home

Give Your Flow Meter a Happy Home

Increased emphasis on the need to improv...

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Industry Headlines

Propane Drove 2016 U.S. Petroleum Product Export Growth

Thursday, 29 September 2016  |  Chris Guy

In the first half of 2016, the U.S. exported 4.7 million barrels per day (b/d) of petroleum products—almost 10 times the crude oil export volume...

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Industry Headlines

Siemens Industry Partners for Self-Funded Efficiency Project

14 HOURS AGO

Montgomery County, TN has partnered with Siemens Industry Inc. to begin a nearly $5 million, self-funded efficiency project. The project will begin in late October and will be completed by fall of 2017.

Siemens has guaranteed the savings – including 2,473,263 kWh of electricity per year; 34,154 c...

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Wolseley Reports 2016 Full Year Results

2 DAYS AGO

Wolseley plc delivered an improvement in overall results for the fiscal year ending July 31, 2016, up 8.5% from last year. Revenue of $18.7 billion was 4.2% ahead at constant exchange rates and 2.4% ahead on a like-for-like basis. Price deflation, particularly in the U.S., reduced revenue by 1.5%. Imp...

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Propane Drove 2016 U.S. Petroleum Product Export Growth

11 HOURS AGO

In the first half of 2016, the U.S. exported 4.7 million barrels per day (b/d) of petroleum products—almost 10 times the crude oil export volume—an increase of 500,000 b/d over the first half of 2015. While U.S. exports of distillate and gasoline increased by 50,000 b/d and nearly 140,00...

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$900 Million Natural Gas Power Plant Planned for Ohio

12 HOURS AGO

EmberClear Corp. of Houston has announced plans for a new $900 million natural gas-fired electric power generation plant. The 1,000-MW Harrison Power Project will be built over 60-acres in Harrison County, OH. EmberClear said it will take 18 to 36 months to win approval of various state and federal ag...

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Durable Goods Orders Unchanged in August

1 DAY AGO

New orders for manufactured durable goods in August were little changed at $226.9 billion, the U.S. Department of Commerce announced, following a 3.6% July increase. Economists were predicting a 1.5% decrease in August. Excluding transportation, new orders decreased 0.4%. Excluding defense, new orders...

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U.S. Consumer Confidence Surges to Nine-Year High

2 DAYS AGO

The Conference Board Consumer Confidence Index, which had increased in August, improved further in September. The Index now stands at 104.1, up from 101.8 in August. The 104.1 figure is the highest since August 2007.

“Consumer confidence increased in September for a second consecutive month and i...

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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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