Industry News

What’s happening and hot in the valve and actuation industry? Mergers and acquisitions, promotions, interesting development in end-user sectors, new project deals and so on.

MRC Global announces global rebranding

MRC Global Inc., a global distributor of valve, pipe and fitting products and services to the energy industry, with multiple branches in North and South America, recently announced that it has initiated a rebranding of its global brands.

FCX names Thomas Cox Chief Executive Officer

FCX Performance, Inc. (FCX), a global valve manufacturer based in Columbus, Ohio, recently announced the appointment of Thomas Cox as Chief Executive Officer. Mr. Cox, who became a Director of the company earlier this year, will continue to serve on FCX’s board of directors.

MRC announces global rebranding

Houston-based MRC Global Inc., distributor of valves, pipe and fitting products and services to the energy industry, recently announced that it has initiated a rebranding of its global brands. As part of these rebranding efforts, the company has adopted a new logo to represent its global brand.

Tesoro’s new & safer oil-by-rail cars

Tesoro Corporation, along with Savage and BNSF Railway, recently gave local business leaders an opportunity to observe and learn about the enhanced safety features, including upgraded valves, of Tesoro’s new DOT 120 crude oil rail cars at the Port of Vancouver, USA.

BuTech gains ABS certification for marine applications

BuTech, a brand of Accudyne Industries, recently announced that it has achieved American Bureau of Shipping (ABS) certification for its line of medium pressure valves and fittings. The Product Design Assessment (PDA) certificate, number 15-HS1373638-PDA, issued through the American Bureau of Shipping along with Type Approval certificate, number LA2948597-X, demonstrates that BuTech valves are safe to use in offshore applications on a variety of ABS-classed vessels and offshore equipment and systems.

Pentair moves to add Ed Garden to Board

Pentair, with branches in North and South America, is set to ask shareholders to appoint Trian Fund Management LP (Trian) Chief Investment Officer, Ed Garden, to its Board of Directors.

Trian wins seat on Pentair board

Corporate investor Nelson Peltz’s activist investment fund Trian has secured a seat on the board of UK-based industrial group Penetair, global manufacturer of pumps, pipes and valves used in the energy, agriculture, infrastructure and food sectors.

AP Services best-in-class

AP Services, a manufacturing company in Armstrong County, Pennsylvania, that makes products for the power industry at home and abroad, was recently recognized as a best-in-class company, having received the 2014 USA Material Supplier of the Year award by the Utilities Service Alliance – a cooperative based in Kansas made up of representatives from nuclear energy power plants.

New oil & gas line from Graco

Graco Inc. has launched a new line of chemical injection pumps and flow control equipment that will keep pipelines and wells flowing in difficult conditions. In addition to pumps, the new product line includes high-tech controllers, durable seals and affordable remote-monitors that track fluid chemicals used to unclog wellheads and pipelines.

Asahi/America’s new sales team member

The specialist in corrosion-resistant thermoplastic fluid-handling products such as valves and actuators, Asahi/America, has welcomed a new member to its existing sales team. Mr. Joe Pye has been with the company four years as part of its engineering staff, but has now been promoted to its sales team.