Deloitte and The Manufacturing Institute: Big Gains in Perceptions of U.S. Manufacturing as Innovative, Critical and High Tech
Edited by Margo Ellis, Former Editor, Valve Magazine
“The pandemic has raised awareness of the essential role of manufacturing in our lives. We are now at a watershed moment when a new wave of workers is needed to further advance our use of technology and maintain U.S. economic competitiveness. This industry is critical to bolstering our economy long term,” said Paul Wellener, vice chair and U.S. industrial products and construction leader, Deloitte LLP.
U.S. Adds 431K Jobs in March in Sign of Economic Health
Edited by Margo Ellis, Former Editor, Valve Magazine
Across the economy in March, hiring gains were widespread. Restaurants and bars added 61,000 jobs, retailers 49,000, manufacturers 38,000 and hotels 25,000.
Crane Co. Board Approves Plan to Separate into Two Companies
Edited by Margo Ellis, Former Editor, Valve Magazine
Upon completion, Crane Co.’s shareholders will benefit from ownership in two focused and simplified businesses that are both leaders in their respective industries and well-positioned for continued success.
#VMAnews
Wolseley Industrial Becomes Ferguson Industrial
Edited by Margo Ellis, Former Editor, Valve Magazine
Since the formation of Wolseley Industrial Group, the company has been powered by Ferguson. In line with that legacy, the company will now be known as Ferguson Industrial.
#VMAnews
Southern States Join Hydrogen Hub Chase
Edited by Margo Ellis, Former Editor, Valve Magazine
The governors said their advantages include pipelines, rail systems and an inland seaport system that run through all three states.
NAM's Q1 Outlook Survey Reveals Inflation, Hiring and Tax Concerns
Edited by Margo Ellis, Former Editor, Valve Magazine
While manufacturers remain mostly optimistic in their economic outlook (88.8%, up from 86.8% in Q4), the survey was conducted prior to the Russian invasion of Ukraine.
Hunt Valve Company Acquires Montreal Bronze Ltd.
The Quebec-based supplier, known to customers as MB, becomes a division of Hunt Valve Company and will be named MB Valve.
#VMAnews
City Approves Economic Development Agreement for Emerson Expansion
Edited by Margo Ellis, Former Editor, Valve Magazine
Round Rock City Council approved an economic incentive agreement with Emerson that will result in $9 million in new investment and at least 50 new jobs created in Texas.
#VMAnews
Great Lakes Process Controls Joins Recent Allied Valve Acquisitions
Edited by Margo Ellis, Former Editor, Valve Magazine
The four companies have been merged to form Allied Instrumentation.
#VMAnews #controls
U.S. Job Openings Remain High
Edited by Margo Ellis, Former Editor, Valve Magazine
Average hourly pay increased 5.1% in February compared with a year earlier — a rapid gain that forces companies to either become more efficient or raise prices to offset their higher labor costs.