07252016Mon
Last updateMon, 25 Jul 2016 3pm

i

Basics of Elastomeric Seal Design

Basics of Elastomeric Seal Design

Engineers need critical design informati...

Wastewater Treatment

Wastewater Treatment

Society’s desire for a clean envir...

Controlling Our Water Systems, Part II

Controlling Our Water Systems, Part II

To better understand the actuators and c...

Controlling Our Water Systems

Controlling Our Water Systems

Actuators and controls are a critical pr...

The Weekly Report

New Products

  • ja-news-2
  • ja-news-3

Industry Headlines

Sharpest Rise in U.S. Manufacturing Production Since November

Monday, 25 July 2016  |  Chris Guy

July data signaled a further rebound in business conditions across the U.S. manufacturing sector, led by a robust expansion of incoming new work and t...

Readmore

Loading...
Advertisement
i

Industry Headlines

Emerson Exploring Acquisition of Pentair Valves & Controls

12 MINS AGO

Reuters UK has spoken to sources that confirm Emerson has made an offer to acquire Pentair Valves & Controls. Pentair Plc added the Valves & Controls division after its merger with Tyco Flow Control in 2012.

“Pentair has received offers for the valves and controls business from companies o...

Readmore

Pentair Valves & Controls Rolls Out Customer Education Program

3 DAYS AGO

Pentair Valves & Controls has introduced the Pentair University customer education program for past, present and prospective clients and industry leaders in various locations throughout the world. Pentair University’s invitation-only seminars are free to attend. In some regions of the worl...

Readmore

Canadian Oil & Gas Earnings Signal Industry Recovery

2 DAYS AGO

The Canadian oil and gas earnings season began yesterday with “signs of an industry recovery as Encana Corp and Precision Drilling Corp outlined plans to boost activity,” Reuters reports .

Analysts say “the uptick in optimism might be mirrored by some U.S. shale companies like Pioneer ...

Readmore

U.S. Lower 48 Sustains $150B in Cuts by Upstream Developers

3 DAYS AGO

Out of the more than $370 billion in global capital expenditure cut by upstream developers across 2016 and 2017, $150 billion was slashed in the U.S. Lower 48 alone — more than three times any other single country. Largely due to responsiveness and flexibility in the unconventional space, spen...

Readmore

Sharpest Rise in U.S. Manufacturing Production Since November

-1 DAYS AGO

July data signaled a further rebound in business conditions across the U.S. manufacturing sector, led by a robust expansion of incoming new work and the fastest upturn in production volumes for eight months. Job creation also strengthened in July, with the latest increase in payroll numbers the fast...

Readmore

Texas Manufacturing Activity Stabilizes

26 MINS AGO

Texas factory activity held steady in July, according to business executives responding to the Texas Manufacturing Outlook Survey . The production index, a key measure of state manufacturing conditions, came in near zero after two months of negative readings, suggesting output stopped falling this mon...

Readmore

Market Outlook 2012: The Winds of Change

vmfall11_market_outlook

Attendees at this year’s VMA Market Outlook walked into the meeting room with a bit of shell shock. The stock market fluctuated wildly in the days leading up to the Aug. 11-12 event in Boston following weeks of tough U.S. federal budget negotiations and the downgrading of the U.S. credit rating for the first time in history. Sara Johnson, senior research director of IHS Global Insight, called the events “headwinds” blowing against what had been expected. She said the year 2011 had been filled with such unusual occurrences, including the Japanese earthquake/tsunami earlier that year as well as other natural disasters and political upheavals.

But attendees were soon to learn that outlook speakers, while they admitted some figures might need to be adjusted for the remainder of 2011, felt their overall prediction was on track—the valve and actuator industry will see a brighter 2012.

“I hope as you leave here today, you leave uncertainty behind and realize things are not as bad as you may have thought. There is still force in our sails … it just might be time to adjust those sails to the prevailing winds,” Alan Beaulieu, president, Institute for Trend Research, emphasized.

 

Common Themes

It’s a different world: There wasn’t much talk this year about looking to the past to respond to the future. That’s because almost every presenter pointed out that the world and this nation are in a unique economic situation. Most said to expect the rocky stock market in the U.S. to remain volatile and that while the nation is in recovery mode, it’s going to be a long steady climb back to the prosperity we experienced just before the Great Recession.

Shining stars burning brightly: India was ­mentioned by more speakers this year than at any previous workshop. The country began a climb toward prosperity in the 1990s when ­economic reforms went into effect. It did not suffer the consequences of some other nations during the recent economic woes so it is one of today’s ­shining stars. Brazil continues to prosper and was mentioned by many speakers as a good place to do business. China is still a tough ­contender for business, but it has experienced high inflation rates and other challenges that may mean some business returning to U.S. soil.

Renewables are catching hold: This is the first workshop where one session was devoted to renewable energy sources, but it wasn’t just that speaker who explained why. From international reports on global warming to new technologies that make renewables more cost effective to unfavorable attitudes toward coal, speakers gave reasons why wind, solar, biofuels, biomass, hydropower and other new sources of energy are gaining ground.

Shale drilling “rocks”: Any of the speakers who addressed energy, petroleum or related products mentioned the changes in this country that are occurring because of shale drilling both here and in Canada. Gas prices remain low; drilling has increased; more drilling is occurring on-shore; new technologies are increasing outputs; new shale sources are being discovered. All of these shale drilling developments mean less reliance by North America on foreign sources of fuel.

  • 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