05252017Thu
Last updateWed, 24 May 2017 2pm

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The Future of Coal: Efficiency Over Politics?

The Future of Coal: Efficiency Over Politics?

Many changes in the power industry have ...

Valve World Americas Event Set for June 20-21

Valve World Americas Event Set for June 20-21

End users, distributors, EPC/AEC personn...

Water Hammer

Water Hammer

Water hammer is a shock wave transmitted...

Turning the Tables on Valve Corrosion

Turning the Tables on Valve Corrosion

Multiple valve manufacturers and users w...

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Industry Headlines

Emerson Acquires MYNAH Technologies

Wednesday, 24 May 2017  |  Chris Guy

Emerson has completed the purchase of MYNAH Technologies, a long-time Emerson alliance partner. The addition of MYNAH will help support Emerson Automa...

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Industry Headlines

Emerson Acquires MYNAH Technologies

14 HOURS AGO

Emerson has completed the purchase of MYNAH Technologies, a long-time Emerson alliance partner. The addition of MYNAH will help support Emerson Automation Solutions and its Operational Certainty program. Terms of  the acquisition were not disclosed.

MYNAH software is currently in use at more than ...

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Roger Fix Named Chairman of Flowserve

1 DAY AGO

In its most recent annual meeting, Flowserve announced that Bill Rusnack and Lynn Elsenhans have retired as members of the board of directors. Flowserve also announced that board member Roger Fix has been elected to replace Rusnack as chairman.

"Bill and Lynn provided years of distinguished service to ...

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ExxonMobil, SABIC Agree on Proposed Petrochemical Project

1 DAY AGO

Affiliates of Exxon Mobil and SABIC (Saudi Basic Industries Corporation) signed an agreement to conduct a detailed study of the proposed Gulf Coast Growth Ventures project in Texas and begin planning for front-end engineering and design work. The agreement was signed during the Saudi-US CEO Forum in R...

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Report Shows Potential for Appalachian Petrochemical Industry

1 DAY AGO

An economic report released by the American Chemistry Council (ACC) shows that the Appalachian region could become a second center of U.S. petrochemical and plastic resin manufacturing, similar to the Gulf Coast.

ACC's report presents a hypothetical scenario that includes the development of a storage ...

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Leading Economic Indicators for the U.S. Increased in April

15 HOURS AGO

The Conference Board Leading Economic Index (LEI) for the U.S. increased 0.3% in April to 126.9 (2010 = 100), following a 0.3% increase in March, and a 0.5% increase in February.

“The recent trend in the U.S. LEI, led by the positive outlook of consumers and financial markets, continues to point ...

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ISM: Manufacturing Growth Should Continue Through 2017

1 DAY AGO

According to the Institute for Supply Management (ISM), 64% of respondents from the panel of manufacturing supply management executives predict their revenues will be 8.5% greater in 2017 compared to 2016, 12% expect a 9.6% decline, and 24% foresee no change in revenue. This yields an overall averag...

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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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