Tech Giants Stripe, Alphabet, Meta, McKinsey and Shopify Pledge $925M for Carbon Capture and Storage
Edited by Margo Ellis, Former Editor, Valve Magazine
Frontier is an advance market commitment (AMC) that aims to accelerate the development of carbon-removal technologies by guaranteeing future demand for them. The goal is to send a strong demand signal to researchers, entrepreneurs and investors that there is a growing market for these technologies.
Biden to Require U.S.-made Steel and Iron for Infrastructure
Edited by Margo Ellis, Former Editor, Valve Magazine
The administration hopes to create more jobs, ease supply chain strains and reduce the reliance on China and other nations with interests that diverge from America's.
U.S. DOE Invests $5M in Advancing Lithium Battery Manufacturing and Workforce
Edited by Margo Ellis, Former Editor, Valve Magazine
“I am glad to see the Department of Energy collaborating with our industry partners to invest in the next generation of our clean energy workforce,” said U.S. Senator Joe Manchin (D-WV), chairman of the Senate Energy and Natural Resources Committee.
Research Finds Limited Economic Cost to Carbon Emission Goals
Edited by Margo Ellis, Former Editor, Valve Magazine
While researchers find that immediate economic benefits of carbon emissions reductions are limited, most scenarios have net economic benefits after 2050, and the vast majority (more than 75%) by 2080.
Flowserve Receives Top Scores in Performance and Reliability in EnergyPoint’s 2022 Customer Satisfaction Survey
Edited by Margo Ellis, Former Editor, Valve Magazine
“This recognition is a testament to our continued commitment to operational excellence and providing our customers with an enhanced customer experience and reliable products and services,” said Scott Rowe, Flowserve president and CEO.
#VMAnews #water-wastewater
Kearney Reshoring Index Remains Negative, but the Tide is Turning
Edited by Margo Ellis, Former Editor, Valve Magazine
Annual report on the extent of reshoring shows little change over the previous year but predicts that a redefinition of reshoring will soon create dramatic change, with companies combining reshoring and nearshoring to create a best cost — rather than a lowest cost — supply chain.
ITT Donates $100,000 to CARE to Support Ukrainian Refugees
Edited by Margo Ellis, Former Editor, Valve Magazine
In addition to its $100,000 company donation, ITT has also launched a special 1:1 employee matching gift program where it will match the total contributions ITT employees make to CARE in 2022 up to $50,000.
#VMAnews
NIST MEP Helps Manufacturers Respond to the Pandemic and Thrive Despite It
Edited by Margo Ellis, Former Editor, Valve Magazine
MEP Centers in every state are helping companies in new and different ways that include helping protect their workforce during the pandemic, finding sources of capital, stabilizing their supply chains and protecting manufacturers from cybersecurity threats.
ITT Acquires Habonim, a Leading Provider of Industrial Valves and Actuators
Edited by Margo Ellis, Former Editor, Valve Magazine
ITT Inc. announced on April 4, 2022, that it has acquired privately held Habonim for $140 million in an all-cash transaction.
#actuators #VMAnews
Hunt Valve Awarded $2M Contract by Newport News Shipbuilding for Ford Class Carrier Essential Parts
Edited by Margo Ellis, Former Editor, Valve Magazine
“In light of the post-pandemic supply chain challenges and uncertainty about the war in Ukraine, NNS is being extremely prudent by stocking the parts necessary,” said FMD CEO George Whittier.
#VMAnews