House to vote on bipartisan infrastructure bill on Sept. 27
Edited by Margo Ellis, Former Editor, Valve Magazine
House Majority Leader Steny Hoyer (D-Md.) affirmed the chamber will vote on the Senate-passed bipartisan infrastructure bill on Sept. 27, signaling Democratic leaders are still plowing full speed ahead on their planned timeline even though the larger $3.5 trillion bill to invest in social safety net programs still faces tough hurdles, according to The Hill.
U.S. ports congestion likely to extend into 2022
Edited by Margo Ellis, Former Editor, Valve Magazine
U.S. manufacturers, retailers and consumers have felt the impacts of supply chain issues throughout the COVID-19 pandemic amid congestion at ports, and it appears conditions won’t considerably improve any time soon, as posted in Thomas Insights on Sept. 21.
DOE launches $16 million Communities LEAP program to support clean energy
Edited by Margo Ellis, Former Editor, Valve Magazine
The U.S. Department of Energy (DOE) launched the Local Energy Action Program (Communities LEAP) — an initiative designed to help environmental justice communities and communities with historical ties to fossil fuel industries take direct control of their clean energy future.
ValvTechnologies welcomes Quality Controls Inc. as a distributor
Edited by Margo Ellis, Former Editor, Valve Magazine
ValvTechnologies has picked Quality Controls Inc. (QCI) as a new distributor.
#controls #VMAnews
Gardner Business Index (GBI) ended August at 58.8
By: Michael Guckes, Former Chief Economist & Director of Analytics
The Gardner Business Index (GBI) ended August at 58.8, marking the second consecutive month that the overall Index moved lower.
Reshoring accelerated by Biden's plan to rebuild U.S. supply chains and COVID-19
Edited by Margo Ellis, Former Editor, Valve Magazine
The recent effort to strengthen U.S. self-sufficiency in an era of global value chains represents an intersection between a more confrontational foreign policy stance toward China and a domestic effort to reshore manufacturing.
U.S. labor shortage study breaks down the numbers by state
Edited by Margo Ellis, Former Editor, Valve Magazine
According to CareerCloud, as of Sept. 8, the number of unfilled jobs grew further to a record 10.9 million while the number of unemployed Americans fell to 8.3 million.
Fairbanks Morse Defense acquires Hunt Valve Company Inc.
Edited by Margo Ellis, Former Editor, Valve Magazine
Fairbanks Morse Defense, a portfolio company of Arcline Investment Management, has acquired Hunt Valve Company Inc., a specialty manufacturer of naval valves and electromechanical actuators.
#VMAnews
Supply chain disruptions likely to wreak further havoc on Ida's destruction and recovery efforts
Edited by Margo Ellis, Former Editor, Valve Magazine
As far as costly disasters go, Hurricane Ida was no Katrina, but the damage inflicted by its rapid escalation and unpredictable path is troubling to observers who say the event reflects a newly ascendent type of storm that is both less predictable and more expensive, according to NBC News reports on Sept. 7.
2021 Virtual Market Outlook Workshop reflects on positive growth and looks ahead to a stabilizing 2022
By: Margo Ellis, Former Editor, Valve Magazine
Marking its second year of the Market Outlook Workshop being virtual only, the 2021 event was held August 6-7 and featured valuable insights from global and national economic experts across several industries.
#VMAnews