06182018Mon
Last updateFri, 15 Jun 2018 7pm

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Gaskets Are Not Created Equal

Gaskets Are Not Created Equal

Gaskets are near the bottom of the food ...

Your Valves May Be Weaponized

Your Valves May Be Weaponized

The advent of the Internet of Things (Io...

Fracturing Technology in the New Age

Fracturing Technology in the New Age

According to a 2014 U.S. Energy Informat...

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Industry Headlines

A-T Controls Names Andy Cheney Southwest Regional Manager

2 DAYS AGO

A-T Controls recently announced the addition of Andy Cheney as the company’s new southwest regional manager, effective immediately.

Cheney’s new role will cover California, South Nevada, Arizona and New Mexico. He has over twenty years in the valve and automation business and is very famil...

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Forum Energy Technologies Contracted for Submarine Vehicles

3 DAYS AGO

Forum Energy Technologies has received an order from Submarine Manufacturing and Products, Ltd. (SMP) to supply a submarine rescue vehicle (SRV), a work-class remotely operated vehicle (ROV) and associated launch and recovery systems. The ROV and SRV will be delivered in 2019 and 2020, respectively, a...

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Permian Oil Production to More than Double, Exceed Expectations

3 DAYS AGO

Oil production in the Permian Basin, already a major force in global supply growth, will rise nearly 3 million barrels a day (mbd) by 2023—a level of growth exceeding most recent estimates, says IHS Markit . What the report describes as a “stunning” level of growth will comprise more...

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Positive Outlook Projected for U.S. Chemical Industry

5 DAYS AGO

Following a mixed year in 2017, the foundation is set for better performance by the U.S. chemical industry in 2018, according to the American Chemistry Council’s (ACC) Mid-Year 2018 Chemical Industry Situation and Outlook . Strong global growth prospects, rising exports, an upswing in manufactur...

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Mid-Year 2018 GDP Outlook Strengthens

4 DAYS AGO

SIFMA unveiled the results of its twice annual survey of chief U.S. economists. They predict that the U.S. economy will strengthen to 2.9% for the remainder of 2018, up from 2.5% in the previous forecast. The median mid-year forecast calls for 2018 GDP to grow by 2.9% on both a year-over-year basis an...

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Small Business Optimism Now Second-Highest Ever

4 DAYS AGO

The Small Business Optimism Index increased in May to the second highest level in the survey’s 45-year history. The index rose to 107.8 , a three-point gain, with small businesses reporting high numbers in several key areas including compensation, profits and sales trends.

A net 19% of small busi...

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Consumer Spending Perks Up Economy

A string of surprisingly strong corporate earnings reports and economic data show that U.S. consumers have emerged from a long hibernation to start spending again on everything from new TVs and restaurant meals to spring outfits.

The Commerce Department on Friday reported that retail sales increased a seasonally-adjusted 0.3% in February from a month earlier, despite winter storms across a large swath of the country that analysts thought would keep shoppers home bound.

Source: Wall Street Journal

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