04192018Thu
Last updateWed, 18 Apr 2018 4pm

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Are Valves from Low-Cost Countries Getting Better?

Are Valves from Low-Cost Countries Getting Better?

The last 25 years have seen standards cr...

Managing the Generation Gap: Much Ado About Nothing?

Managing the Generation Gap: Much Ado About Nothing?

The baby boomer generation was the most ...

Gearboxes 101

Gearboxes 101

Gears have a long history and have been ...

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Industry Headlines

Flowserve Expands Partnership with Unisys

Wednesday, 18 April 2018  |  Chris Guy

Flowserve, a client of Unisys Corporation, will expand its use of the Unisys Stealth microsegmentation solution through a new agreement to implement t...

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Industry Headlines

Flowserve Expands Partnership with Unisys

15 HOURS AGO

Flowserve, a client of Unisys Corporation, will expand its use of the Unisys Stealth microsegmentation solution through a new agreement to implement the solution more broadly across the enterprise. Under the new agreement , Flowserve will increase the number of servers and endpoints protected by Steal...

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Wey Valves Supplying German Biogas Plant

1 DAY AGO

In recent years Wey valves have become increasingly common in biogas plants. One such plant can be found at BioEnergie GmbH & Co. KG in Waldmünchen, Germany, which is operated jointly by six farmers. The plant produces a total of 4.5 million kWh of electricity annually for the grid operator B...

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Major Trends Changing the Chemical Industry

1 DAY AGO

“The accelerated globalization of the chemicals market is one of four major trends that we at SAP see shaping the chemical industry through the remainder of 2018 and beyond,” writes Stefan Guertzgen, global senior director for industry solution marketing, chemicals at SAP.

“Amid such ...

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Gulf Crude Production to Continue at Record Highs

2 DAYS AGO

U.S. crude oil production in the Federal Gulf of Mexico increased slightly in 2017, reaching 1.65 million b/d, the highest annual level on record. Although briefly hindered by platform outages and pipeline issues in December 2017, oil production in the Gulf is expected to continue increasing in 2018...

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IMF Predicting Global Economic Upswing

17 HOURS AGO

World growth strengthened in 2017 to 3.8%, with a notable rebound in global trade. It was driven by an investment recovery in advanced economies, continued strong growth in emerging Asia, a notable upswing in emerging Europe, and signs of recovery in several commodity exporters. Global growth is exp...

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CEO Confidence Increased Again in First Quarter

2 DAYS AGO

The Conference Board Measure of CEO Confidence, which rebounded in the fourth quarter of 2017, made further gains in the first quarter of 2018. The measure now reads 65, up from 63 in the fourth quarter of 2017 (a reading of more than 50 points reflects more positive than negative responses).

CEOs&rs...

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Tyco Flow Control Reports Third Quarter 2012 Earnings

In the third quarter Tyco Flow Control saw revenue of $981 million increased 6% in the quarter including a 5.5% decline due to changes in foreign currency. Organic revenue grew 10% with 7% growth in Valves, 26% growth in Water and 4% growth in Thermal Controls. Excluding the impact of foreign currency, orders increased 5% year-over-year and backlog was in line with the prior quarter at $1.8 billion.

Operating income was $112 million and the operating margin was 11.4%. Special items of $18 million consisted primarily of restructuring and divestiture charges. Operating income before special items was $130 million. The operating margin before special items improved 190 basis points to 13.3% driven primarily by leverage from increased volume across Valves, Water and Thermal Controls.

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