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.

Velan receives medal from Engineers Canada

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 announces new Chairman of the Board

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.

Report first to quantify US hydropower supplies

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 names new CFO

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 names new Executive VP & CEO

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.

Power plant maintenance includes valves

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.

CIRCOR acquires specialty valve company

CIRCOR International, Inc., a leading provider of valves for markets including oil & gas, power generation and aerospace & defense, has acquired Schroedahl, a privately held company headquartered in Germany that develops and manufactures high-quality specialty vales for power stations and industrial plants as well as for production, transport and refining systems in the oil & gas sector.

Smith Flow Control celebrates 30 years

Smith Flow Control (SFC) was formed in April 1985 by Malcolm Brown, Mike Smith and current managing director Mike D’Anzieri. The company now employs a total of 78 staff, mostly at its headquarters in Witham, Essex, but also has regional offices in Australia, China, India, the Netherlands and the United States.

Belimo launches ZoneTight Zone Valves

Belimo Americas is pleased to announce the release of their new ZoneTight zone valves which are designed for maximum efficiency in tight spaces in both pressure dependent and pressure independent zoning applications.

Toronto votes for automatic shut-off valves

The Toronto City Council in Toronto, Ontario, Canada recently voted to ask Enbridge Pipelines Inc. to install automatic shut-off valves and that the National Energy Board (NEB) not grant the pipeline firm Leave to Open.