03292017Wed
Last updateTue, 28 Mar 2017 8pm

i

Valves Help Enable Net-Zero Water Use

Valves Help Enable Net-Zero Water Use

With drought and climate change affecting ...

Valve Selection in Pulp and Paper Operations

Valve Selection in Pulp and Paper Operations

Over the centuries, the pulp and paper i...

How to Improve Control Valve Performance with Positioners

How to Improve Control Valve Performance with Positioners

As the final control element in most pro...

VMA Technical Event: Engineering Valves in the Extreme

VMA Technical Event: Engineering Valves in the Extreme

While much the 2017 VMA Technical Semina...

The Weekly Report

New Products

  • ja-news-2
  • ja-news-3

Industry Headlines

Colorado Seeing Surge in Oil & Gas Investments

Tuesday, 28 March 2017  |  Chris Guy

“Drilling applications and investments by oil and gas companies are surging in Colorado after crude prices partially rebounded from their collap...

Readmore

Loading...

Industry Headlines

Emerson Opens Second Additive Manufacturing Center

1 DAY AGO

With the goal of spurring innovation to address customers’ engineering design challenges and accelerating speed to market for new, rigorously-tested products, Emerson opened an advanced additive manufacturing center at its Singapore campus. This is Emerson’s second location to have additiv...

Readmore

GE Oil & Gas Expands with New Sub Saharan Africa Facility

5 DAYS AGO

GE Oil & Gas opened a new facility in Takoradi Port, Ghana, expanding its global footprint and supporting local investment. The facility, which will be the primary service center for deep-water offshore projects in Ghana, has a 1,600 square meter indoor test area with capability for testing thre...

Readmore

Colorado Seeing Surge in Oil & Gas Investments

12 HOURS AGO

“Drilling applications and investments by oil and gas companies are surging in Colorado after crude prices partially rebounded from their collapse in recent years, pushing the industry deeper into residential communities largely unaccustomed to drilling,” the Associated Press is reporting .

&...

Readmore

U.S. Specialty Chemicals Markets Accelerated in February

1 DAY AGO

The American Chemistry Council (ACC) reported that U.S. specialty chemicals market volumes rose a strong 0.6% in February. This follows an upwardly revised 0.4% gain in January. Volumes have generally been moving up since May. All changes in the data are reported on a three-month moving average (3MMA)...

Readmore

Four Out of Ten Jobs Could be Lost to Automation by 2021

13 HOURS AGO

Automation is the new norm across sectors and will affect the bottom of pyramid so much so that four out of every 10 jobs globally would be lost due to this by 2021, experts say. As automation adoption increases, all high transaction and labor intensive jobs will take a hit. According to PeopleStrong...

Readmore

U.S. Durable Goods Orders Rose 1.7% in February

1 DAY AGO

New orders for manufactured durable goods in February increased $3.9 billion or 1.7% to $235.4 billion, the U.S. Department of Commerce announced . This increase, up two consecutive months, followed a 2.3% January increase. Excluding transportation, new orders increased 0.4%. Excluding defense, new or...

Readmore

Tyco Flow Control Reports Second Quarter 2012 Results

Tyco's Flow Control segement reports revenue of $996 million increased 24% in the quarter with organic revenue growth of 21%. Organic revenue grew 18% in Valves, 21% in Water and 32% in Thermal Controls. Excluding the impact of foreign currency, orders increased 21% year-over-year and backlog increased 4% on a quarter sequential basis to $1.9 billion.

Operating income was $111 million and the operating margin was 11.1%. Operating income before special items was $114 million and the operating margin was 11.4%. Operating income was negatively impacted by mix in Thermal Controls related to lower sales of higher margin products due to an unseasonably warm winter in North America. Additionally, operating income included a $4 million charge associated with a water project retained from a prior divestiture. The company estimates that these two items had a total impact of $10 million or about 100 basis points on operating income before special items.

For the complete report click here

  • Latest Post

  • Popular

  • Links

  • Events

Advertisement

Looking for a career in the Valve Industry?

ValveCareers Horiz

To learn more, watch the videos below or visit ValveCareers.com a special initiative of the Valve Manufacturers Association