05302016Mon
Last updateMon, 30 May 2016 5pm

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Industry and Regulatory Changes in Offshore Operations

Industry and Regulatory Changes in Offshore Operations

On May 13, 2016, the offshore oil and ga...

Strategies for Successful SIS Valve Diagnostic Implementation

Strategies for Successful SIS Valve Diagnostic Implementation

End users and contractors alike strive t...

Stop Check Valves

Stop Check Valves

Stop check valves are vital to several i...

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Industry Headlines

Weir Opens New Safety Relief Valve Facility in Malaysia

-1 DAYS AGO

Weir has opened a new facility to increase the global reach and competitiveness of Weir valves by establishing a manufacturing and assembly plant close to Malaysia’s capital Kuala Lumpur.

The Malaysian operation has already successfully supplied several large and strategic projects, especially ...

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ValvTechnologies Names Garcia, Mermelstein to New Positions

4 DAYS AGO
ValvTechnologies Names Garcia, Mermelstein to New Positions

ValvTechnologies, Inc. has named David Garcia director of manufacturing and Steve Mermelstein as regional director, Americas and director, channel management.

Previously, West Point graduate Garcia served as director of operations for Merla Wellhead Solutions and held plant manager positions at Hallib...

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U.S. Still Top Producer of Petroleum, Natural Gas Hydrocarbons

3 DAYS AGO

The U.S. remained the world's top producer of petroleum and natural gas hydrocarbons in 2015, according to U.S. Energy Information Administration estimates . U.S. petroleum and natural gas production first surpassed Russia in 2012, and the U.S. has been the world's top producer of natural gas since 20...

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Why $50/Barrel Oil Means Stability to U.S. Producers

4 DAYS AGO

The rise to $50-per-barrel oil means a return to stability, particularly for domestic shale producers, according to Dan K. Eberhart, CEO, Canary, LLC. At this level , companies that saw the value of their product drop more than 75% in less than two years might have the confidence to resume drilling ac...

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Survey: Manufacturing Execs Investing in Advanced Tech

3 DAYS AGO

 A convergence of disruptive factors such as new technologies, increasing competition, and pricing pressures, is forcing manufacturers to increase investment in new products and services as they seek to innovate manufacturing capabilities, according to the 2016 KPMG Global Manufacturing Outlook ...

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Durable Goods Orders Surge 3.4%, But Demand Soft

4 DAYS AGO

New orders for manufactured durable goods in April increased $7.7 billion or 3.4% to $235.9 billion, the U.S. Census Bureau announced today. This increase, up three of the last four months, followed a 1.9% March increase. Excluding transportation, new orders increased 0.4%. Excluding defense, new or...

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National Association of Manufacturers Urges Congress to Support Export-Import Bank Reauthorization

On Friday National Association of Manufacturers president and CEO Jay Timmons issued this statement after House Majority Leader Eric Cantor (R-VA) and Minority Whip Steny Hoyer (D-MD) reached an agreement on bringing legislation to the House floor to reauthorize the Export-Import (Ex-Im) Bank:

“Leaders on both sides of the political aisle came together today to prevent the unilateral economic disarmament of the United States on the issue of export financing. Our international competitors are aggressively promoting exports and capturing markets, while some in Congress have been working to eliminate a vital tool for job creation. Today Rep. Cantor and Rep. Hoyer displayed much-needed leadership to bring both parties together to save the Ex-Im Bank and protect nearly 290,000 jobs.

The bill announced today to reauthorize the Bank and increase its lending cap brings us a step closer to protecting these jobs and will be a vital tool for small manufacturers exporting to new markets. It is essential to manufacturers’ global competitiveness, and we are pleased that Majority Leader Cantor and Minority Whip Hoyer have come together on an authorization. We cannot grow jobs and the economy without exports, and Ex-Im has to play a role in that effort.

Manufacturers appreciate the work of House leadership on this issue that is so critical to our manufacturing economy. Manufacturing employs 12 million men and women in the U.S. Small businesses drive our economy and cannot afford for Ex-Im’s authorization to expire. We urge all members of the House to support this jobs legislation, and we hope the Senate will also move forward quickly. The Ex-Im Bank means jobs and increased exports, which will help us grow our economy and remain competitive.”

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