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
Plant Equipment Inc. Becomes Rep for Trillium Valves USA
Edited by Margo Ellis, Former Editor, Valve Magazine
Trillium Valves USA announced the appointment of Plant Equipment Inc. as an authorized representative, effective immediately.
#VMAnews
Emerson Pledges $200 Million in Charitable Giving Over 10 Years Focused on Education Equity in St. Louis
Edited by Margo Ellis, Former Editor, Valve Magazine
“Our vision is to make our communities a better place to live, work and thrive for all residents by focusing on the education inequities that prevent all youth from achieving their full potential,” said Lal Karsanbhai, Emerson’s president and CEO.
#VMAnews
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.