The Chemours Company will locate its global headquarters in Wilmington, DE. Chemours began evaluating headquarters
options more than 6 months ago with Delaware, New Jersey and Pennsylvania all under active consideration. Recent changes to Delaware’s corporate tax structure were key comp...
ValvTechnologies, Inc. recently achieved NUPIC-approved suppliers list status, upon successful completion of the Nuclear Procurement Issues Committee (NUPIC) audit
at the Houston facility. NUPIC members include all domestic U.S. nuclear utilities as well as several international members.
On Monday, Bureau of Safety and Environmental Enforcement (BSEE) director Brian Salerno held a press conference aimed at oil & gas regulators. The
he wanted to draw attention to is the failure of bolts in offshore drilling equipment such as blowout preventers. This problem, Salerno says, has...
Renewable electricity generation has surpassed levels from previous years in every month so far this year, according to the U.S. Energy Information Administration (
). Both hydroelectric and non-hydroelectric renewables have contributed to this trend, but in different ways. On the West Coast, hydr...
A new report from the Brookings Institution finds that high-tech advanced manufacturing bucked both global economic challenges and the longstanding shrinking of the traditional manufacturing sector over the last two years. While job losses were felt in other pockets of the production sector, advance...
Texas factory activity increased in August, according to business executives responding to the
Texas Manufacturing Outlook Survey
. The production index, a key measure of state manufacturing conditions, came in at 4.5 after a near-zero reading in July, suggesting output picked up this month.
ITT’s Fluid Technology segment reported fourth-quarter 2010 revenue of $1.1 billion, up 16 percent on a year-over-year basis, primarily driven by the strategic acquisitions completed during the year. Organic revenue (defined as total revenue excluding the impacts of foreign exchange and acquisition and divestiture activity) was up 4 percent, driven by growth in the Industrial Process business within the chemical and oil and gas sectors in emerging markets, and strong performance by the Residential & Commercial Water business in North America.