NEWS

Applications

Neles and thyssenkrupp Team up to Deliver Valves for Green Hydrogen

Edited by Margo Ellis, Former Editor, Valve Magazine

Within the scope of the agreement, Neles will deliver its segment valves to be used in electrolysis plant modules supplied by thyssenkrupp Uhde Chlorine Engineers.  
#VMAnews

Manufacturing

Samsung to Build $17B Semiconductor Factory in Texas

Edited by Margo Ellis, Former Editor, Valve Magazine

The tech giant looks to ease the global shortage of chips used in phones, cars and other devices.

Insights

Infrastructure Bill Becomes Law

Edited by Chris Pasion, Managing Editor, Modern Machine Shop | Production Machining

The law includes $550 billion worth of new spending; it is reportedly funded by unspent COVID-19 relief funds, increased tax enforcement on cryptocurrency, spectrum auctions for 5G and petroleum reserve sales.

Manufacturing

Biden Administration Leases Federal Regions for Offshore Wind

Edited by Chris Pasion, Managing Editor, Modern Machine Shop | Production Machining

This project is part of Biden’s commitment to generate at least 30 GW of offshore wind energy by 2030 and his pledge to cut U.S. fossil fuel emissions in half.

Insights

52 Nations Sign Coal to Clean Power Transition Statement

Edited by Chris Pasion, Managing Editor, Modern Machine Shop | Production Machining

Zero of the countries with the top three largest coal-fired power fleets – China, India and the U.S. – are signatories.

Insights

MRC Global Elects Two New Members to Board of Directors

Edited by Chris Pasion, Managing Editor, Modern Machine Shop | Production Machining

George Damiris and Ronald Jadin have joined MRC Global’s board of directors.
#VMAnews

Insights

Survey Reports Most Employees Want Stronger Data Protection Standards

Edited by Chris Pasion, Managing Editor, Modern Machine Shop | Production Machining

A survey conducted by TripWire polled 306 IT employees at both private companies and public agencies; the respondents worked within the federal government, manufacturing sectors and energy and technology industries. 
#standards

Insights

U.S. Oil Producers Face Supply Chain Shortages as Demand Rises

Edited by Chris Pasion, Managing Editor, Modern Machine Shop | Production Machining

According to an article by Reuters, this could mean it takes longer for global output to match demand, resulting in drained inventories and higher prices.

Insights

Baker Hughes Releases Third Quarter Report

Edited by Chris Pasion, Managing Editor, Modern Machine Shop | Production Machining

Baker Hughes experienced orders of $5.4 billion for the quarter, up 6% sequentially and up 5% year-over-year. Revenue was $5.1 billion for the quarter, down 1% sequentially and up 1% year-over-year.
#VMAnews

Insights

Leading AM Trade and Media Organizations Unite to Launch Formnext USA Chicago in Spring 2025

Mesago Messe Frankfurt (the organizers of Formnext) and Messe Frankfurt USA announce a strategic partnership with AMT – The Association For Manufacturing Technology and Gardner Business Media to create a new show in the U.S. dedicated to all aspects of industrial additive manufacturing.