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Industry Headlines

Velan Announces New Sales Structure

3 DAYS AGO

Velan is re-designing its sales structure to be better aligned with customers’ market approach. This change is intended to focus Velan’s resources on maximizing impact and competitiveness in today’s challenging economy.

Paul Dion has been appointed as vice-president of sales, process ...

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MSS Revises Standards for Instrument Valves, Sealing of Rising Stem Valves

5 DAYS AGO

The Manufacturers Standardization Society (MSS) is pleased to announce the publication of the following revised Standard Practices:

  • MSS SP-99-2016a, Instrument Valves (replaces 2016 edition)
  • MSS SP-105-2016a, Instrument Valves for Code Applications (replaces 2016 edition)
  • MSS SP-120-2017, Flexible Grap...

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Construction Underway on Atlantic Sunrise Pipeline

4 DAYS AGO

Construction is officially underway in Pennsylvania on the greenfield portion of the Atlantic Sunrise pipeline project – an expansion of the existing Transco natural gas pipeline to connect Marcellus gas supplies with markets in the Mid-Atlantic and Southeastern U.S.

Construction broke ground in ...

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EIA Projects 28% Increase in World Energy Use by 2040

4 DAYS AGO

The U.S. Energy Information Administration (EIA) projects that world energy consumption will grow by 28% between 2015 and 2040. Most of this growth is expected to come from countries that are not in the Organization for Economic Cooperation and Development (OECD), and especially in countries where d...

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U.S. Manufacturers Seeking More Renewable Energy

3 DAYS AGO

A new report from David Gardiner and Associates finds that 83% of the largest manufacturing companies with a U.S. footprint have established greenhouse gas reduction targets and 25% of manufacturers have established renewable energy targets. The analysis also finds that enabling access to renewable en...

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Harvey Caused Steep Drop in U.S. Industrial Output

6 DAYS AGO

Industrial production declined 0.9% in August following six consecutive monthly gains. Hurricane Harvey is estimated to have reduced the rate of change in total output by roughly 0.75%. The index for manufacturing decreased 0.3%; storm-related effects appear to have reduced the rate of change in facto...

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Mueller Water Products Reports Fiscal 2012 Second Quarter Results

Mueller Water Products, Inc. reported net sales of $251.5 million and a net loss of $109.8 million ($0.70 per diluted share) for the fiscal 2012 second quarter ended March 31, 2012, the net loss due almost entirely to the sale of its U.S. Pipe business.

Mueller Co. net sales for the 2012 second quarter of $154.5 million increased 3.8% from the 2011 second quarter of $148.9 million due to higher shipment volumes and higher prices in the base business as well as at Mueller Systems and Echologics. The increase in shipment volumes in Mueller Co.'s base business, which excludes Mueller Systems and Echologics, was primarily due to higher shipments of domestic valves and hydrants.

Net sales in the Anvil International segment for the 2012 second quarter of $97.0 million increased 12% from the 2011 second quarter of $86.6 million due to higher shipment volumes and higher prices. Net sales were higher across all of Anvil's businesses, especially oil & gas and fire protection.

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