Market Outlook 2022 Forecasts Stability and Cautious Optimism
By: Margo Ellis, Former Editor, Valve Magazine
VMA’s annual Market Outlook Workshop reflects on positive growth and looks ahead to a stabilizing 2022, although supply chain and labor issues loom large.
Market Outlook 2022 Additional Industries Covered
By: Margo Ellis, Former Editor, Valve Magazine
VMA’s 2021 Market Outlook Workshop included these four remaining sectors: Pharmaceutical; Electricity; Packaging, Tissue and Paper; and Commercial Construction.
Velan announces its CEO transition plan
Edited by Margo Ellis, Former Editor, Valve Magazine
Velan Inc. announced Oct. 21 in a press release that in accordance with its succession plan, CEO Yves Leduc will leave Velan after seven years leading the corporation.
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VMA announces Person of the Year Award and Service Awards Winners
Edited by Margo Ellis, Former Editor, Valve Magazine
During the VMA/VRC Annual Meeting Oct. 6-8 in Scottsdale, AZ, the Valve Manufacturers Association honored its 2021 Person of the Year and Service Awards.
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Velan reports highest sales volume in last six quarters
Edited by Margo Ellis, Former Editor, Valve Magazine
Sales for the company have grown almost 50% compared to this same period last year.
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Long-term and compounding labor issues remain a challenge
Edited by Margo Ellis, Former Editor, Valve Magazine
COVID notwithstanding, a talent crisis has been spreading across U.S. factories and warehouses for some time as fewer workers have gone into manufacturing and distribution than in the past.
Supply chain woes exacerbated by software breaches
Edited by Margo Ellis, Former Editor, Valve Magazine
Software supply chain weaknesses have become pervasive in the enterprise.
Baker Hughes to deliver valves to new plant in Texas
Edited by Chris Pasion, Managing Editor, Modern Machine Shop | Production Machining
Baker Hughes Masoneilan will supply 335 control valves—ranging from ball valves to severe service valves—to Diamond Green Diesel’s new plant in Port Arthur, TX.
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Australian mining industry works toward net zero
Edited by Chris Pasion, Managing Editor, Modern Machine Shop | Production Machining
Australia’s largest and most valuable industry is mining, according to Baker Hughes. Organizations in the country are working to decarbonize the nation through research and technological advancements.
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Legislation moves on INFORM bill
By: Margo Ellis, Former Editor, Valve Magazine
Senators Richard Durbin, Democrat, Illinois and Bill Cassidy, Republican, Louisiana have introduced legislation the past two Congresses called the INFORM Consumers Act, which would increase online marketplace transparency for consumers and ensure that marketplaces verify who their high-volume third-party sellers are.