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.
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.
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.
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
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
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.
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.
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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.
OSHA COVID-19 Vaccination and Testing Mandate Suspended
Edited by Margo Ellis, Former Editor, Valve Magazine
the U.S. Court of Appeals for the Fifth Circuit granted a motion to stay OSHA's COVID-19 Vaccination and Testing Emergency Temporary Standard, published on November 5, 2021.
#VMAnews
"Build America, Buy America" Signals Increased Commitment to U.S. Manufactured Goods
By: Margo Ellis, Former Editor, Valve Magazine
The Infrastructure Investment and Jobs Act includes major domestic procurement (“Buy America”) requirements for infrastructure materials.
#materials
VMA MEMBER NEWS
Strength Through Community and Collaboration
In the last issue, I reflected on the importance of agility in today’s business environment.
#VMAnews
VMA Works to Protect Member Interests with Capitol Hill Visits
Topics discussed include tax issues, PFAS regulations and consistency in trade policies.
#VMAnews
Meet the Chairman: Kirk Wilson
Wilson tells us about his goals for his tenure as chairman and what he thinks the biggest challenges and opportunities valve manufacturers and the industry are facing today.
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