Industry News

Hunt Valve Company is pleased to announce it has acquired Montreal Bronze Ltd. The acquisition brings MB into the Hunt Valve portfolio of severe duty valve and automation technologies under the new name MB Valve.

Techcon, part of OK International and Dover, and a leader in precision fluid dispensing technologies, announced the launch of its new TS9800 Series Jet Valve Dispensing System, the fastest known dispensing system available.

Baker Hughes has announced the acquisition of Qi2 Elements, a designer and manufacturer of advanced robotic sensor systems that inspect, assess, and monitor the integrity of critical energy infrastructure. The acquisition complements Baker Hughes’ existing capability in gas pipeline inspection, while also delivering new technology to support storage tank inspection.

Precision Valve Corporation, the aerosol valves world leader and a leading global manufacturer for actuators and other dispensing solutions across a variety of end markets, appoints Harald Biederbick as Chief Executive Officer effective March 21, 2022. Mr. Biederbick succeeds Mario Barbero, who has stepped down having served as Chief Executive Officer since 2016.

Schlumberger announced a major contract award by Saudi Aramco for integrated drilling and well construction services in a gas drilling project.

The Round Rock Metropolis Council accredited an economic incentive arrangement on Thursday, Feb. 24, with Emerson that will consequence in $9 million in new expense and at minimum 50 new careers made. 

Drain valves comprise up to 20% of all valves in a typical processing plant. But cleaning them is costly, difficult and time-consuming due to long cleaning cycles and the risk of pressure shocks. The new Alfa Laval ThinkTop pulse seat clean addresses all these issues, quickly and effectively making drain valves spotless while delivering savings of up to 95% in Cleaning-in-Place (CIP) liquid.

Marshall Excelsior Company, a Harbour Group company, has acquired Xanor de Mexico ("Xanik"), Jeff Fox, Harbour Group's chairman and chief executive officer, announced.  Terms of the transaction were not disclosed.

Helios Technologies, Inc., a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced today that the Board of Directors has nominated Diana Sacchi to stand for election as a Director at the Company’s 2022 Annual Meeting. The Company also announced that Marc Bertoneche, PhD, plans to retire from the Board effective at the Annual Meeting and therefore will not seek nomination. He has served on Helios’ Board of Directors since 2001.

Baker Hughes has been awarded a contract and granted notice to proceed by Venture Global LNG to provide a liquefied natural gas (LNG) system for the first phase of the Plaquemines LNG project in Louisiana.