09272016Tue
Last updateMon, 26 Sep 2016 7pm

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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...

What’s in Store for the Construction Market?

What’s in Store for the Construction Market?

As was the case with many of the present...

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Industry Headlines

Alaska, ConocoPhillips Forming LNG Joint Venture

Monday, 26 September 2016  |  Chris Guy

The State of Alaska, through the Alaska Gasline Development Corporation (AGDC), and ConocoPhillips Alaska Inc. have executed a Memorandum of Understan...

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Industry Headlines

Flowserve's Mark Blinn Announces Retirement

13 HOURS AGO

Mark Blinn plans to retire as Flowserve president, CEO and a member of the board of directors. To ensure an orderly transition, Mr. Blinn will remain in those roles until the appointment of his successor.

Flowserve’s board of directors has a robust succession planning process and, in an effort to...

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Powell Valves Names Niagara Controls as Exclusive Representative

16 HOURS AGO

The Wm. Powell Company (Powell Valves) and Niagara Controls LLC., a division of The Collins Companies, have entered into an exclusive agreement to represent and distribute Powell Valves to Praxair.

Based in Buffalo, NY, Niagara Controls is a technical sales representative and stocking distributor for m...

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Alaska, ConocoPhillips Forming LNG Joint Venture

11 HOURS AGO

The State of Alaska, through the Alaska Gasline Development Corporation (AGDC), and ConocoPhillips Alaska Inc. have executed a Memorandum of Understanding regarding negotiations to form a joint venture (JV) that could facilitate marketing LNG from the Alaska LNG project to global LNG markets and acqui...

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Many Houston Chemical Facilities Could Be Operating Illegally

12 HOURS AGO

“Firefighters once routinely visited buildings in their districts to plan for emergencies — including ferreting out hazmat sites — but those visits stopped in April 2014. The department had started entering old plans into a new, sophisticated database and didn't want to create a ba...

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Manufacturing Growth Eases Again in September

3 DAYS AGO

At 51.4 in September, the seasonally adjusted Markit Flash U.S. Manufacturing Purchasing Managers’ Index (PMI) was down from 52.0 in August and pointed to the weakest improvement in overall business conditions since June. The latest PMI reading marked seven years of continuous growth across the ...

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Leading Economic Indicators Down Slightly in August

4 DAYS AGO

The Conference Board Leading Economic Index (LEI) for the U.S. declined 0.2% in August to 124.1, following a 0.5% increase in July, and a 0.2% increase in June.

“While the U.S. LEI declined in August, its trend still points to moderate economic growth in the months ahead,” said Ataman Ozy...

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Manufacturing Job Openings Notably Increased in May

The number of job openings in May was 3.6 million, little changed from April. Job openings increased for manufacturing, government, and state and local government. The number of openings also increased for the Midwest region. The level of total nonfarm job openings in May was up from 2.4 million at the end of the recession in June 2009.

The latest Job Openings and Labor Turnover Survey from the Bureau of Labor Statistics showed that manufacturing job openings rose significantly, up from 259,000 in April to 310,000 in May.

Current hiring levels were essentially flat, down from 260,000 to 258,000 for the month. This is 2.2% of the total manufacturing workforce, a rate that has been the same since February.

Meanwhile, manufacturing separations—which include layoffs, retirements, and quits— were up slightly from 239,000 to 241,000, or 2% of the manufacturing workforce. This suggests net hiring of 17,000 for May, down from 21,000 in April.

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