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Last updateFri, 06 May 2016 4pm

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Food and Beverage Processing

Food and Beverage Processing

When wandering the grocery store aisles,...

Variable Frequency Drives in Electric Actuators

Variable Frequency Drives in Electric Actuators

Electric actuators are vital for operati...

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Industry Headlines

Emerson Reports Second Quarter 2016 Results

-1 DAYS AGO  |  Chris Guy

Emerson announced net sales in the second quarter ended March 31, 2016 were down 9%, with underlying sales down 5% excluding unfavorable currency tran...

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Industry Headlines

Emerson Reports Second Quarter 2016 Results

-1 DAYS AGO

Emerson announced net sales in the second quarter ended March 31, 2016 were down 9%, with underlying sales down 5% excluding unfavorable currency translation and an impact from divestitures of 2% each. As anticipated, oil and gas and industrial end markets remained under pressure during the quarter ...

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A.W. Chesterton Expands Training and Services Facility

21 HOURS AGO

A.W. Chesterton Company has expanded its facilities north of Boston with a new valve emissions testing facility, an expansive industrial training center and an industrial equipment service location to support its New England‐based customers.

The New England Service Center expansion provides mechanical...

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Food and Beverage Sales Strongest in Four Years

15 HOURS AGO

The U.S. consumer packaged goods (CPG) industry registered its strongest growth in four years in 2015, and some of the biggest gains were achieved by companies targeting the fast-growing market for protein-rich foods and healthy, “mindful” snacks. These are among the findings of new resea...

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G7 Countries Vow to Support Energy Investments

1 DAY AGO

Leaders from Canada, France, Germany, Italy, Japan the UK and the U.S. have pledged to “promote investing in energy projects through the oil price crash to ensure a steady stream of supply” and “encourage financial institutions to invest in energy projects and infrastructure,&rdquo...

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Factory Orders in the U.S. Increased in March

21 HOURS AGO

New orders for factory goods rose 1.1% in March after falling a revised 1.9% in February, thanks largely to an increase in demand for defense equipment, the Commerce Department reports. This March increase in new orders was higher than the 0.6% rise economists predicted.

Durable-goods orders rose 0.8%,...

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U.S. Economy Grew 0.5% in First Quarter

2 DAYS AGO

U.S. GDP increased at an annual rate of 0.5% in the first quarter of 2016, according to the advance estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 1.4%.

The increase in real GDP in the first quarter reflected positive contributions from personal consumpt...

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Metso Strengthens its Valve Supply and Service Capabilities in India

Metso has opened a new valve supply and service center in Vadodara, India. The new supply center supports company’s strategy to grow valve business globally and strengthens Metso’s service capabilities in India for major petrochemical, energy, and oil and gas companies such as Reliance Industries Ltd, Indian Oil Corporation, Technip, Praxair India Pvt Ltd and PRAJ Industries Ltd.

This investment is in line with Metso’s long-term strategy to develop and expand its valve offering, delivery and service capabilities for customers in oil and gas, power, pulp and paper industries. It was preceded by a series of investments in Metso’s global offering and presence. Last month Metso announced acquiring a valve technology and service company, Valstone Control Inc. in South Korea. Currently Metso is expanding its valve production premises in the U.S. Last year, Metso opened a new valve technology center in Finland. In 2010 Metso opened a new valve facility in Shanghai, China. Metso also has high-class industrial valve facilities in Brazil and Germany.

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