Industry News

IDEX Corporation, based in Lake Forest, Illinois, is a publicly traded company engaged in the development, design, and manufacture of fluidics systems and specialty engineered products. The company has just announced its acquisition of Alfa Valvole srl, an Italian manufacturer of specialty valve procuts used in the chemical, petrochemical and energy markets.

Solenoid Solutions, Inc.’s Wattmizer Series solenoid valves are designed for compact areas and are highly efficient, miniature solenoid valves with operating pressures up to 1,200 psi. Wattmizer series solenoid valves are energy efficient and have low wattage coils ranging from 0.

Rodney Hunt has introduced its new RIKO Plunger Valve, which is designed to control the flow of water under pressure while minimizing cavitation and vibration. The new plunger valve is ideal for in-line energy dissipation and free-discharge applications and is NSF-61-certified for contact with drinking water.

ValvTechnologies has named Ricky Ford as the Upstream Oil and Gas Industry Director, announced company president Kevin Hunt. Based in Houston, Ford will have global management responsibility for ValvTechnologies’ upstream oil and gas group and activities worldwide as well as long-term vision strategies for development and growth in the upstream severe service market.

Amongst a long list of honorariums to add to his legacy, A.K. Velan, Founder and Chairman Emeritus of Velan, has been awarded the 2015 Gold Medal by Engineers Canada.

Velan Inc. has announced that Mr. A.K. Velan is retiring as Executive Chairman of the Board of Directors after 65 years of devoted service to the company. He has been appointed to the honorary position of Founder and Chairman Emeritus.

The U.S. Department of Energy (DOE) has released the first-ever report, The 2014 Hydropower Market Report, to quantify the current size, scope and variability of hydropower supplies in the United States.

Flowserve Corporation, a provider of flow control products and services for the global infrastructure markets, announced that Karyn F. Ovelmen will join Flowserve as executive vice president and CFO, effective June 1, 2015.

Flowserve Corporation, a leading provider of flow control products and services, has named Ms. Karyn F. Ovelmen Executive Vice President and Chief Financial Officer. Her appointment will begin on June 1, 2015.

FirstEnergy Nuclear Operating Company (FENOC), a subsidiary of FirstEnergy Corp., has announced that its Beaver Valley Power Station Unit 1 in Shippingport, Pennsylvania had shut down operations as of April 25th at 12:01am for scheduled refuelling and maintenance.