09292016Thu
Last updateThu, 29 Sep 2016 6pm

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Caution: Horizontal Stem Installation Ahead

Caution: Horizontal Stem Installation Ahead

When it comes to linear valve installati...

The Critical Stem Nut: Who is Responsible for Maintenance?

The Critical Stem Nut: Who is Responsible for Maintenance?

One of the most important components of ...

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...

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Industry Headlines

Propane Drove 2016 U.S. Petroleum Product Export Growth

Thursday, 29 September 2016  |  Chris Guy

In the first half of 2016, the U.S. exported 4.7 million barrels per day (b/d) of petroleum products—almost 10 times the crude oil export volume...

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Industry Headlines

Siemens Industry Partners for Self-Funded Efficiency Project

-1 DAYS AGO

Montgomery County, TN has partnered with Siemens Industry Inc. to begin a nearly $5 million, self-funded efficiency project. The project will begin in late October and will be completed by fall of 2017.

Siemens has guaranteed the savings – including 2,473,263 kWh of electricity per year; 34,154 c...

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Wolseley Reports 2016 Full Year Results

1 DAY AGO

Wolseley plc delivered an improvement in overall results for the fiscal year ending July 31, 2016, up 8.5% from last year. Revenue of $18.7 billion was 4.2% ahead at constant exchange rates and 2.4% ahead on a like-for-like basis. Price deflation, particularly in the U.S., reduced revenue by 1.5%. Imp...

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Propane Drove 2016 U.S. Petroleum Product Export Growth

-1 DAYS AGO

In the first half of 2016, the U.S. exported 4.7 million barrels per day (b/d) of petroleum products—almost 10 times the crude oil export volume—an increase of 500,000 b/d over the first half of 2015. While U.S. exports of distillate and gasoline increased by 50,000 b/d and nearly 140,00...

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$900 Million Natural Gas Power Plant Planned for Ohio

-1 DAYS AGO

EmberClear Corp. of Houston has announced plans for a new $900 million natural gas-fired electric power generation plant. The 1,000-MW Harrison Power Project will be built over 60-acres in Harrison County, OH. EmberClear said it will take 18 to 36 months to win approval of various state and federal ag...

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Durable Goods Orders Unchanged in August

20 HOURS AGO

New orders for manufactured durable goods in August were little changed at $226.9 billion, the U.S. Department of Commerce announced, following a 3.6% July increase. Economists were predicting a 1.5% decrease in August. Excluding transportation, new orders decreased 0.4%. Excluding defense, new orders...

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U.S. Consumer Confidence Surges to Nine-Year High

2 DAYS AGO

The Conference Board Consumer Confidence Index, which had increased in August, improved further in September. The Index now stands at 104.1, up from 101.8 in August. The 104.1 figure is the highest since August 2007.

“Consumer confidence increased in September for a second consecutive month and i...

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Emerson Process Management Reports Third Quarter 2012 Results

Emerson Process Management sales grew 19%, as global energy investments and backlog conversion related to the Thailand flooding generated robust growth. Underlying sales increased 23% and currency translation deducted 4%, with the U.S. up 29%, Asia up 25%, and Europe up 14%. Project activity in oil and gas, chemical, and power end markets continued at a brisk pace across all product lines. Segment margin of 23.1% increased 270 basis points from the prior year quarter, primarily driven by volume leverage and cost reduction benefits. Recovery of sales delayed by the Thailand flooding progressed as expected, contributing to strong volume leverage. Underlying orders, which exclude currency translation, grew 17% in the quarter, resulting in backlog remaining at a high level, and supporting a favorable outlook in Emerson Process Management for the next several quarters.

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