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Last updateFri, 12 Feb 2016 5pm

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Introduction to Pressure Relief Devices - Part 1

Introduction to Pressure Relief Devices - Part 1

When the pressure inside equipment such ...

Is Your Company Ready for The New Reality?

Is Your Company Ready for The New Reality?

Since August, 2015, when VMA’s 201...

Offshore Oil Extraction and Transportation

Offshore Oil Extraction and Transportation

Offshore oil facilities come to the fore...

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Industry Headlines

ITT Reports 2015 Fourth-Quarter, Full-Year Results

1 DAY AGO

On a GAAP basis, ITT delivered revenue of $2.5 billion in 2015, reflecting a 6% decline, primarily due to the impact of unfavorable foreign exchange of $194 million. GAAP operating income increased 43%.

Organic revenue in the Industrial Process segment decreased 6%, reflecting strength in short-cyc...

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MRC Global Signs Agreement to Sell OCTG Business

2 DAYS AGO

MRC Global Inc. has entered into a definitive agreement to sell its U.S. Oil Country Tubular Goods (OCTG) business to Sooner Pipe, LLC, a subsidiary of Marubeni-Itochu Tubulars America, Inc., for $48 million, subject to certain adjustments.

MRC Global's U.S. OCTG sales were approximately $305 milli...

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EPA Halts Implementation of Clean Power Plan

1 DAY AGO

Earlier this week, in a 5-4 decision, the U.S. Supreme Court granted an industry motion to stay the EPA’s Clean Power Plan while the lower courts determine its legality. Last fall a lawsuit was filed on behalf of more than two dozen states, utilities and industry groups.

“States did not...

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IHS: North American Drillers Need Billions More in Cuts

3 DAYS AGO

The depressed oil price environment is painting a gloomy outlook for North American exploration and production (E&Ps) companies, and further, significant CAPEX cuts are needed in order for the group to demonstrate real financial discipline and align spending more closely with cash flow, accordin...

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U.S. Job Openings Climb to Second-Highest Level on Record

4 DAYS AGO

The number of job openings increased to 5.6 million in December, the second highest number ever recorded, the U.S. Bureau of Labor Statistics reported today. Hires and separations were little changed at 5.4 million and 5.1 million, respectively. Within separations, the quits rate was 2.1%, and the l...

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Machine Tool Orders Rose in December, Down in 2015

4 DAYS AGO

The U.S. Manufacturing Technology Orders report for December 2015 showed that order values grew 20.4% compared to the prior month, according to The Association for Manufacturing Technology (AMT). For all of 2015, the year’s total orders were down 17.4% compared to 2014.

While the month-to-mon...

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VMA Welcomes SMG Valves; Valve Repair Solutions is Latest VRC Member

Both the Valve Manufacturers Association of America (VMA) and its affiliated group for OEM-authorized repair shops, the Valve Repair Council (VRC), added new members to their rosters in the last quarter of 2008.

VMA welcomes SMG Valves, A Unit of Southern Mfg. Group, Inc. of Morrison, TN. The company manufactures non-lubricated plug valves for use in the chemical, petrochemical, power, mining and paper industries. Learn more about the SMG Valves at www.smg-global.com.

New to the VRC is Valve Repair Solutions Inc. (www.valverepairsolutions.com), a valve repair and inline machining shop. The company is headquartered in Camden, SC.

Companies that manufacture valves, actuators and controls in the U.S. and/or Canada may qualify for membership in VMA. To learn more, visit VMA.org , and click on Members in the navigation bar, or email VMA President Bill Sandler at This email address is being protected from spambots. You need JavaScript enabled to view it.. For more information on the VRC, visit VMA.org and click on Valve Repair Council, or contact VRC Executive Director Marc Pasternak at This email address is being protected from spambots. You need JavaScript enabled to view it..

 

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