04292016Fri
Last updateFri, 29 Apr 2016 5pm

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Food and Beverage Processing

Food and Beverage Processing

When wandering the grocery store aisles,...

Variable Frequency Drives in Electric Actuators

Variable Frequency Drives in Electric Actuators

Electric actuators are vital for operati...

Braided Packing: An Old Technology with a Modern Twist

Braided Packing: An Old Technology with a Modern Twist

Compression packing is the primary metho...

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Industry Headlines

Rotork Acquires Mastergear from Regal Beloit

2 HOURS AGO  |  Chris Guy

Rotork has acquired the entirety of Mastergear’s business and assets from Regal Beloit Corporation for $25 million on a cash-free and debt-free ...

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Industry Headlines

Rotork Acquires Mastergear from Regal Beloit

2 HOURS AGO

Rotork has acquired the entirety of Mastergear’s business and assets from Regal Beloit Corporation for $25 million on a cash-free and debt-free basis and a value of inventory that will be finalized at the end of a transition service agreement.

Mastergear will become part of Rotork's Gears divis...

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Emerson Opens New Helix Innovation Center

23 HOURS AGO

Emerson announced the launch of its “Helix” initiative, including the opening of The Helix innovation center, an industry-first, $35 million hub dedicated to advancing research and education for the global heating, ventilation, air conditioning and refrigeration (HVACR) industry. The new ...

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Energy Sector Weighs on Construction Starts

23 HOURS AGO

At a seasonally adjusted annual rate of $660.5 billion, new construction starts in March receded 1% from February’s pace, according to Dodge Data & Analytics. Total construction starts had jumped 13% in February, led by a huge gain for the electric utility and gas plant category. The dolla...

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Chevron Investing Billions in The Permian Basin

2 DAYS AGO

At Chevron’s annual security analyst meeting last month, chairman and CEO John Watson said that his company plans on investing billions into oil & gas projects in the Permian Basin.

According to the Hobbs News-Sun , Watson predicted they could be pumping up to 350,000 barrels a day out of West ...

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House Passes Bill To Lower Import Tariffs On Manufacturers

1 DAY AGO

This week, the House voted 415-2 for the American Manufacturing Competitiveness Act of 2016. The bipartisan, bicameral bill reforms the way Congress considers legislation for suspending tariffs on products not made in the U.S., what some are calling, “manufacturing tax breaks.” The legis...

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Texas Manufacturing Index Shrinks More Than Forecast

3 DAYS AGO

Texas factory activity increased for a second month in a row in April, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, rose from 3.3 to 5.8, suggesting a slight pickup in output growth.

Perce...

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EPA Proposes New Clean Air Standards for Soot Pollution

In response to a court order, the EPA Friday proposed updates to its national air quality standards for harmful fine particle pollution, including soot (known as PM2.5). These microscopic particles can penetrate deep into the lungs and have been linked to a wide range of serious health effects, including premature death, heart attacks, and strokes, as well as acute bronchitis and aggravated asthma among children. A federal court ruling required EPA to update the standard based on best available science. The proposal, which meets that requirement, builds on steps already taken by the EPA to decrease pollution across the country. The EPA says 99% of U.S. counties are projected to meet the proposed standard without any additional action.

In response to the EPA's announcement, NAM President and CEO Jay Timmons criticized the move, stating: “The scope and damaging impact the EPA’s new standard will have on manufacturers across the country, both large and small, is troubling. Essentially this standard will result in strict regulations on any kind of existing facility, while restricting new permit requirements for the development of new facilities. This standard will also place certain counties in a ‘penalty box’ and make them less attractive to new business.”

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