ITT Expands Compact Actuation Portfolio with Acquisition of Clippard Cylinder Product Line
ITT Inc. announced in August 2022 the acquisition of Clippard Instrument Laboratories' product lines of durable, low maintenance and cost competitive interchangeable pneumatic cylinders.
#actuators #components #VMAnews
Baker Hughes Announces Organization Changes to Enhance Profitability and Position for Growth
Baker Hughes Company has announced it is restructuring and simplifying its organization and accelerating its strategic transformation.
#VMAnews
Congress Defines Carbon Dioxide as Pollutant
Inflation Reduction Act of 2022 includes nearly $370 billion for energy security and climate change initiatives
Dow, X-energy to Drive Emissions Reductions Through Advanced Modular Nuclear Power
Dow and X-energy collaborate on intent to provide process heat and power at one of Dow's U.S. Gulf Coast facilities by ~2030
Biden Administration Allocates Funding to Hydropower Development
Hydropower remains key player in power generation in U.S. currently accounting for 31.5% of renewable electricity generation and about 6.3% of total U.S. electricity
#water-wastewater
Don Bowers Receives Distinguished Service Award from ASME
During the ASME Code meetings at the National Board of Boiler and Pressure Vessel Inspectors (NBBI) campus, held Aug. 8-9, Don Bowers received the ASME Section IX Distinguished Service Award.
#maintenance-repair #pressure-relief #VMAnews
Baker Hughes Acquires Quest Integrity
The acquisition of Quest Integrity complements Baker Hughes' existing asset integrity offerings.
#VMAnews
Multiple Supply Chain Risks Accelerate Reshoring Initiatives
350k New Jobs Projected for 2022
EIA Expects a 2.4% Increase in Total U.S. Electricity Consumption in 2022
Increased economic activity and very hot summer are factors in growth
Marcum Manufacturing Survey: Optimism Continues Despite Challenges
Marcum Manufacturing Survey reports manufacturers feel optimistic in its 2022 survey. Approximately 60 percent of respondents have a positive attitude about manufacturing’s outlook in 2022.