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Human Factors Can Cause a Disaster—or Prevent One

Human Factors Can Cause a Disaster—or Prevent One

Process industry plants are complex and ...

Improving Valve Sealing Performance and Reliability

Improving Valve Sealing Performance and Reliability

From time to time, we are re-posting wel...

A Primer on Fugitive Emissions

A Primer on Fugitive Emissions

Fourscore and seven years ago, no one ha...

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Industry Headlines

Industry Headlines

Emerson Expanding Mississippi Facility

1 DAY AGO

Emerson plans on delivering $500,000 in new equipment to its facility in Sherman, MS. Because of this investment , and its promise of new jobs for the region, the Sherman Economic Development Corp. has approved $150,000 in grants for Emerson.

"We have a relatively new Fisher product that will be reloca...

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REXA and CCC Form Joint Initiative

1 DAY AGO

REXA and Compressor Controls Corporation (CCC) have formed a joint initiative to modernize steam turbine controls for enhanced performance based upon each company’s core competency.

There are more than 10,000 turbomachinery trains worldwide powered by CCC. By upgrading mechanical and hydraulic go...

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Chevron and Pembina Sign Deal to Build Pipelines, Other Facilities

1 DAY AGO

Calgary-based Pembina Pipeline Corp. has signed a 20-year deal with Chevron to build natural gas pipelines and processing facilities for a potential production operation in northwest Edmonton, Alberta. The infrastructure developed over the term of this agreement has the potential to represent a multi-...

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U.S. in Midst of Biggest Drilling Surge Since 2012

1 DAY AGO

“U.S. drillers pushed ahead on the biggest surge in oil drilling since 2012 as companies take advantage of oil prices that have held steady above $50 for almost three months,” Bloomberg reports .

“Drilling is booming in a few shale plays -- led by the Permian Basin in West Texas and Ne...

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U.S. Private Sector Growth Slows from January’s 14-Month Peak

1 DAY AGO

At 54.3 in February, the seasonally adjusted Markit Flash U.S. Composite PMI Output Index dropped from 55.8 in January but remained above the 50.0 no-change value for the twelfth consecutive month. The latest reading signaled that private sector output growth moderated from the 14-month high recorded ...

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NAM Kicks Off Tour at Emerson Innovation Center in Austin

1 DAY AGO

The National Association of Manufacturers (NAM) kicked off the 2017 State of Manufacturing Tour at Emerson Innovation Center in Austin, TX—a “hotbed of modern manufacturing.” The event is the first in a series of stops in six states throughout the next week, including a visit with Pr...

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ELFA Survey of Equipment Finance Activity Finds Overall New Business Volume Grew in 2011

New business volume grew 16.5% in the equipment finance industry in 2011, according to the 2012 Survey of Equipment Finance Activity (SEFA) released by the Equipment Leasing and Finance Association (ELFA). The growth in volume surpassed the 3.9% increase reported for 2010, marking the second year of growth following a 30.3% decline in 2009 and a 2.2% decline in 2008. The SEFA, which is based on responses from 109 ELFA member companies, covers key statistical, financial and operations information for the $628 billion equipment finance industry.

“The equipment finance industry helps a wide range of commercial businesses to acquire the equipment they need to conduct their business operations,” said William G. Sutton, ELFA President and CEO. “The 2012 SEFA data show the equipment finance sector continued to gain momentum as the economy improved in 2011. More recent data collected in 2012 indicate that steady growth is continuing, even amid a slow economic recovery.”

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