Honeywell and Flowserve will collaborate to provide Industrial Internet of Things (IIoT) for industrial customers. The
will be part of the Honeywell INspire program, Honeywell's joint customer development program for its IIoT ecosystem.
Honeywell and Flowserve have a long history of colla...
Emerson recently named new senior leadership appointments to its Office of the Chief Executive who now report directly to chairman and CEO David N. Farr, and help develop and guide the company’s global strategies.
Michael H. Train’s
is executive president of Emerson Automation Sol...
Global offshore oil production (including lease condensate and hydrocarbon gas liquids) in 2015 was at the highest level since 2010, and accounted for nearly 30% of total global oil production. Offshore oil production increased in both 2014 and 2015, reversing consecutive annual declines from 2010 t...
Manufacturing activity fifth district (MD, DC, VA, WV, NC, SC) remained sluggish in October, according to the most
by the Federal Reserve Bank of Richmond. New orders and backlogs decreased this month, while shipments flattened. Hiring activity strengthened mildly across firms and wage i...
The Conference Board Consumer Confidence Index, which had increased in September, declined in October. The index now stands at 98.6, down from 103.5 in September. The present situation index decreased from 127.9 to 120.6, while the expectations index declined from 87.2 last month to 83.9.
Rotork Controls order intake was a record in the first half, 7.1% higher than the first half of last year, resulting in an order book of £95.9m, 5.1% ahead of last December. Growth in Asia and the far east has slowed as activity in India and China remained subdued in the second quarter. However, there was stronger growth in the USA, Latin America and Russia, while Australia has started to see the benefit of unconventional gas projects, leading to increased sales of Rotork Process Control actuators. China and India are traditionally strong power markets for Rotork, and has seen this market slow, sales efforts in those countries have switched to the more active oil and gas and water markets.