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Last updateFri, 28 Apr 2017 4pm

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U.S. Economy Grew 0.7% in the First Quarter of 2017

Friday, 28 April 2017  |  Chris Guy

Real GDP in the U.S. fell short of expectations, increasing at an annual rate of 0.7% in the first quarter of 2017; this according to the advance esti...

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Industry Headlines

Mueller Water Products Reports 2017 Second Quarter Results

1 DAY AGO

For its fiscal second quarter ended March 31, 2017, Mueller Water Products’ net sales were up 1.3% to $199.7 million and net income was $73.3 million, or $0.45 per diluted share. Operating income from continuing operations was $10.9 million. The quarter's results included $68.6 million of income...

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Weir Group Reports First Quarter 2017 Results

1 DAY AGO

The Weir Group's first quarter input was 15% higher than the prior year period with good sequential growth primarily driven by increased activity levels in North American Oil & Gas and strong aftermarket orders in Minerals. Group-wide aftermarket orders were 21% higher than the prior year period w...

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Permian Basin Oil Production Continues to Increase

2 DAYS AGO

Crude oil production in the Permian Basin is expected to increase to an estimated 2.4 million barrels per day in May, based on estimates from the U.S. Energy Information Administration . Between January 2016 and March 2017, oil production in the Permian Basin increased in all but three months, even as...

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East Coast Refiners Eye Texas as Alternative to North Dakota

3 DAYS AGO

“Major U.S. East Coast refiners profited from railing hundreds of thousands of barrels of discounted Bakken crude to their plants daily from 2013 until 2015. But as more and more pipelines were built in North Dakota, the discount began to disappear, and so did the rail cars,” Reuters repor...

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U.S. Economy Grew 0.7% in the First Quarter of 2017

1 DAY AGO

Real GDP in the U.S. fell short of expectations, increasing at an annual rate of 0.7% in the first quarter of 2017; this according to the advance estimate just released by the U.S. Department of Commerce. The 0.7% figure, down from 2.1% in the fourth quarter and 3.5% in the second half of 2016, and is...

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Survey Shows Small Business Confidence Increasing

2 DAYS AGO

The second annual Allstate/ Small Business Barometer finds increasing optimism and innovation among small business owners, despite the rising cost of doing business. Nine in 10 local entrepreneurs say the benefits of owning a business outweigh the challenges. This year’s Barometer found that, ...

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Victaulic Introduces Press System for Stainless-Steel Pipe

victaulic vic-press

Victaulic, a manufacturer of mechanical pipe joining systems, introduces Vic-Press, a flame-free press system that joins pipe in a matter of seconds. Vic-Press, the industry’s first ANSI Schedule 10S pipe sized press-to-connect system designed for off-the-shelf ASTM A-312 Schedule 10S stainless-steel pipe, is an industrial-grade solution for quickly and reliably joining small-diameter piping systems.

Vic-Press offers increased strength and durability and improved flow characteristics compared to light-wall tube systems; safer, more efficient pipe assembly than welding, threading and flanging; and meets or exceeds industry standards.

Vic-Press is used with standard Schedule 10S stainless-steel pipe, which offers increased strength and durability and eliminates the need to stock specialty pipe. The pipe-wall thickness of ANSI Schedule 10S pipe is up to double that of light-wall tube, and as a result, Vic-Press offers a superior life cycle, up to three times the end-load performance, up to twice the bend-load performance (view Schedule 10S vs. light-wall tube strength test video), up to a 52% increase in available flow, and up to a 23% reduction in pressure drop per 100 linear feet (30 meters) of pipe over tube-sized systems.

For more information: www.victaulic.com

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