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.

Curtiss-Wright Names New Treasurer

Curtiss-Wright Corporation has announced that its Board of Directors has named Robert F. Freda as Treasurer, succeeding Harry S.

Velan Announces Appointment of Interim CFO

Velan Inc. recently announced that Rejean Ostiguy has informed the Company of his decision to resign as Chief Financial Officer, having accepted a leadership opportunity at a privately owned company.

Water Authority Switches to Valve Automation

Warrington Township in Pennsylvania is home to 25,000 residents and over 375 businesses. The Township’s water comes from seven wells and five interconnections from another water supply district.

U.S. Water & Wastewater: Market for Valve Suppliers

COVID-19 is impacting certain valve markets more severely than others. Water and wastewater will be gaining market share over the next few years.

Neles Wins Collaboration in Manufacturing Award

Neles has been awarded the 2020 Collaboration in Manufacturing Award by the Worcester Business Journal thanks in part to their innovative Valve Technology Center.

The Rise of Chemical Processing in America

How the Shale Revolution Will Impact the Consumer Goods Market. Due to advances in fracking technology, the United States is one of four countries capable of extruding natural gas from shale rocks on a commercial scale; this has become known as the Shale Revolution.

Hunt Valve’s New President & Chief Executive Officer

Hunt Valve Company (HVC) recently announced that Charles Ferrer has been promoted to president & chief executive officer (CEO).

Velan Makes Changes to its Board

Velan announced that James Mannebach has been appointed Chairman of the Board. The outgoing Chairman of the Board, Tom Velan, will continue to serve as a director of the company.

Valmet Suggests Merger with Neles

Valmet recently approached the Board of Directors of Neles with a proposal for a potential statutory merger between the two companies.

Three VMA Members Named to the Big 50 List

Industrial Distribution recently unveiled its annual Big 50 List. All Big 50 List companies are ranked according to their 2019 full-year global sales.