Hope for a Challenged Global Economy
If the U.S. can confront its own fiscal problems, it stands the best chance of all the major economies for returning to trend growth and dynamism and that might be the best path to renewed strength for the world economy.
#VMAnews
Valve Industry Growth to Continue in 2013
According to figures released by the Valve Manufacturers Association (VMA) as part of its annual market forecast, the U.S. industrial valve industry is expected to grow by 3% in 2013 with total shipments nearly $4.3 billion.
#VMAnews
2013 Technical Seminar Highlights Power Industry Changes and Challenges
While technological advances, like those developed for the fracing industry, have made possible many processes previously thought near impossible, there is still much work to be done by valve, actuator and control manufacturers and their suppliers to meet the continually changing needs of the power industry.
#VMAnews #actuators
Distributors and Channel Partners: Completing the Valve Family Circle
After preliminary approval by the VMA Board in January 2013, the full membership of the Valve Manufacturers Association has overwhelmingly approved a change in the VMA Constitution to expand the associate member category to include distributors and channel partners serving the industrial valve, actuator and control industry.
#VMAnews #actuators
U.S. Manufacturing Technology Orders Have Best Year Since 1996
December U.S. manufacturing technology orders totaled $499.43 million according to The Association for Manufacturing Technology (AMT). This total, as reported by companies participating in the USMTO (United States Manufacturing Technology Orders) program, was up 17.8% from November but down 9.4% when compared with the total of $550.99 million reported for December 2011.
#VMAnews #automation
NAM Launches Growth Agenda for Manufacturing Resurgence
The National Association of Manufacturers (NAM) today released A Growth Agenda: Four Goals for a Manufacturing Resurgence in America, which sets a roadmap for economic growth and enhanced competitiveness for manufacturers.
#VMAnews
VMA Leadership Forum: Fugitive Emissions, API Standards and More
Each year the Valve Manufacturers Association hosts a meeting specifically for member companies’ top executives.
#VMAnews #standards
VMA Through the Eyes of Morris Beschloss
Morris Beschloss was the youngest incoming VMA Board member ever when he attended the VMA’s 25th Anniversary event at the Waldorf in New York City in 1963.
#VMAnews
Mark Cordell: Keeping Pace Over the Years
VMA’s new chairman for 2012-13, Mark Cordell, first attended VMA’s annual meeting in the year the association was celebrating its 50th anniversary.
#VMAnews
VMA Looks Back at 2012 and Forward to 2013
Contrary to dire predictions, the end of the Mayan calendar signaled only the end of one cycle and the beginning of another, while the end of 2012 signaled the end of another banner year for the Valve Manufacturers Association and the beginning of an exciting 2013.
#VMAnews #valvehistory
Power Gen 2012: Our Review
VMA and VALVE Magazine staffers attended POWER-GEN International at the County Convention Center in Orlando, FL from December 11-13.
#VMAnews
Valve World 2012 – Truly a Global Industry
Valve industry professionals from around the world attended Valve World Expo 2012 in Dusseldorf, Germany from November 27 to 29.
#VMAnews
Emerson Process Management Reports Full Year and Fourth Quarter Results
Emerson Process Management sales increased 18% in the fourth quarter, as global energy investment and backlog conversion related to the Thailand flooding drove growth across all businesses.
#VMAnews
API: October Petroleum Demand Lowest for the Month Since 1995
Total U.S. petroleum deliveries (a measure of demand) were down 2.3% from October a year ago but increased 1.3% from this past September to 18.4 million barrels per day.
#VMAnews
Market Outlook 2013: Power Industry
A report from the VMA Market Outlook Workshop, held in August 2012: The best bet for manufacturers selling to the power industry is the international market, especially in coal, according to Kevin Geraghty, VP of Power Generation for NV Energy.
#VMAnews
A New Driver at the Wheel?
Outlook 2013 speakers say natural gas may fuel economic growth The record-breaking number of attendees at this year’s Market Outlook Workshop, Aug. 9-10 in Chicago, were buoyed by relatively positive messages from all the speakers, who agreed the nation is in recovery.
#VMAnews
Hydraulic Fracking: Initiatives Coming
A report from the VMA Market Outlook Workshop, held in August 2012: Although hydraulic fracturing of shale rock (fracking) has received some bad publicity, the reality is that there has never been even one confirmed instance of groundwater being tainted anywhere in the world from the process, according to Stuart Kemp, assistant general counsel at Halliburton Energy Services.
#VMAnews
Marathon Petroleum to Purchase BP's Texas City Refinery
Marathon Petroleum Corp. (MPC) today announced it has signed a definitive agreement to purchase BP's 451,000 barrel per calendar day (475,000 barrel per stream day) Texas City refinery, three intrastate NGL pipelines originating at the refinery, an allocation of BP's Colonial Pipeline Company shipper history, four terminals, retail marketing contract assignments for approximately 1,200 branded sites and a 1,040 megawatt cogeneration (cogen) facility.
#VMAnews
Flex the Power of Generational Differences
A report from the VMA Market Outlook Workshop, held in August 2012:
“Attracting, retaining and motivating talent is difficult, especially when you’re recruiting those who can really add value to your business”, said Steve Jacobs, Senior Manager at Ernst & Young, as he began his presentation entitled “Managing Workforce Generational Differences”.
#VMAnews
Mark Cordell Named Chairman at 74th Annual Meeting
Outgoing VMA chairman Bruce Broxterman, president, Richards Industries, handed the chairman’s gavel to incoming chairman Mark Cordell, president, Distributed Valves, Cameron Valves & Measurement at the VMA/VRC 74th Annual Meeting, Sept. 20-22.
#VMAnews