Forum Energy Technologies has received an
from Submarine Manufacturing and Products, Ltd. (SMP) to supply a submarine rescue vehicle (SRV), a work-class remotely operated vehicle (ROV) and associated launch and recovery systems. The ROV and SRV will be delivered in 2019 and 2020, respectively, a...
Oil production in the Permian Basin, already a major force in global supply growth, will rise nearly 3 million barrels a day (mbd) by 2023—a level of growth exceeding most recent estimates,
says IHS Markit
. What the report describes as a “stunning” level of growth will comprise more...
Following a mixed year in 2017, the foundation is set for better performance by the U.S. chemical industry in 2018, according to the American Chemistry Council’s (ACC)
Mid-Year 2018 Chemical Industry Situation and Outlook
. Strong global growth prospects, rising exports, an upswing in manufactur...
SIFMA unveiled the results of its twice annual survey of chief U.S. economists. They
that the U.S. economy will strengthen to 2.9% for the remainder of 2018, up from 2.5% in the previous forecast. The median mid-year forecast calls for 2018 GDP to grow by 2.9% on both a year-over-year basis an...
The Small Business Optimism Index increased in May to the second highest level in the survey’s 45-year history. The index
rose to 107.8
, a three-point gain, with small businesses reporting high numbers in several key areas including compensation, profits and sales trends.
Continental Disc Corporation and Groth Corporation announce the appointment of Mr. Marty Koval to the position of Director of Sales, Americas. In this role, he will be responsible for the sale of both Continental Disc Corporation and Lamot brands of rupture disc products, as well as Groth Corporation brand of valves, flame control devices, and biogas solutions within the Americas.