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HR Professionals Gather at VMA Workshop

HR Professionals Gather at VMA Workshop

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Valves in a Cement Slurry Line

Valves in a Cement Slurry Line

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Triple Offset Butterfly Valves

Triple Offset Butterfly Valves

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Industry Headlines

Manufacturers Expecting Increased Revenues, Employment Growth In 2017

Friday, 09 December 2016  |  Chris Guy

Economic growth in the U.S. will continue in 2017, say the nation’s purchasing and supply management executives in their December 2016 Semiannua...

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Industry Headlines

Siemens Industry Acquiring Mentor Graphics for $4.5 Billion

3 DAYS AGO

Siemens and Mentor Graphics have entered into a merger agreement under which Siemens will acquire Mentor for $37.25 per share in cash, which represents an enterprise value of $4.5 billion. Mentor will then be consolidated into Siemens Industry, according to the Atlanta Business Journal .

Mentor Graphics ...

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GE Oil & Gas Signs Agreement with TAG GmbH

3 DAYS AGO

GE Oil & Gas has signed an agreement with TAG (Trans Austria Gasleitung) GmbH, a pipeline operator with stations across Austria, to install its new Tuning Maintenance Software (TUMAS) across TAG’s fleet of 16 PGT25 gas turbines. This is the first time this solution has been rolled out across...

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‘Buy America’ Debate Holds Up Water Infrastructure Bill

2 DAYS AGO

A debate in Congress is taking place over whether to restore a ‘Buy America’ provision in the Water Resources Development Act (WRDA) before a final version is voted on. The ‘Buy America’ rule already passed in the Senate version of the bill. It was then pulled from the compromi...

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New Pipeline Safety Rule Expands Excess Flow Valve Requirements Again

4 DAYS AGO

In October, 2016, The Pipeline and Hazardous Materials Safety Administration (PHMSA) announced a final rule that expands safety requirements for excess flow valves (EFVs) to multi-residential and commercial applications. That version of the rule covered the installation of EFVs in new or replaced se...

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Manufacturers Expecting Increased Revenues, Employment Growth In 2017

1 DAY AGO

Economic growth in the U.S. will continue in 2017, say the nation’s purchasing and supply management executives in their December 2016 Semiannual Economic Forecast. Expectations are for a continuation of the economic recovery that began in mid-2009, as indicated in the monthly ISM Report on Bu...

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Poll: U.S. Economy to Grow 2.2% in 2017

3 DAYS AGO

National Association for Business Economics’ (NABE) December 2016 Outlook Survey forecasts 2.2% growth in real GDP for 2017. The annualized growth rate forecasted for 2017 inched downward to 2.2% in the current survey from 2.3% in September. Both projections illustrate the panel’s expectat...

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ITT Forecasts 7 to 12% EPS Growth in 2011; Projects Significant Margin Expansion

ITT Corporation announced its full-year 2011 earnings forecast in the range of $4.62 to $4.82 per share, representing approximately 7 to 12 percent growth compared with its 2010 adjusted earnings per share guidance midpoint of $4.30.

In the Fluid Technology segment, ITT expects total revenue growth of approximately 12 percent and organic revenue growth of approximately 5 percent, driven largely by emerging markets, late-cycle industrial market recovery and stability in developed municipal markets.

Source: ITT

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