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.
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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.
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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.
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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.
New Green Hydrogen 60GW Project to be Built in Texas
Edited by Margo Ellis, Former Editor, Valve Magazine
Dubbed “Hydrogen City,” the project is being developed by Green Hydrogen International (GHI) and will include integrated green hydrogen production, storage and transportation capabilities able to produce 2.5 billion kilograms of green hydrogen each year.
Emerson to Sell Therm-O-Disc Business to One Rock Capital Partners
Edited by Margo Ellis, Former Editor, Valve Magazine
The sale of Therm-O-Disc represents the next step in the company’s drive toward a higher-growth, more diversified and cohesive portfolio.
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Majority of Women in Manufacturing Recommend a Career in the Industry
Edited by Margo Ellis, Former Editor, Valve Magazine
Based on responses from 663 industry professionals, the second-annual report unveils key insights into representation across industry; shares state- and sector-specific data, and highlights strategies for closing the gender gap in an effort to further diversify the manufacturing sector.
IBM Reports Manufacturing as a Top Target for Ransomware Attacks
Edited by Margo Ellis, Former Editor, Valve Magazine
For the first time in five years, manufacturing outpaced finance and insurance in the number of cyberattacks levied against these industries, extending global supply chain woes.
U.S. Energy Prices in Flux with Russia-Ukraine Crisis
Edited by Margo Ellis, Former Editor, Valve Magazine
The administration has been working to secure alternate sources of natural gas for Europe should Russia shut off exports, as well as pursue measures to keep U.S. gas prices in check.