Forecast: Control valve market
According to Market Research Reports Search Engine (MRRSE) recent findings, the market for control valves is primarily driven by factors such as increasing investment in the oil and gas industry and the increasing number of pipeline installations.
TransDigm acquires Airborne Systems
TransDigm Group Incorporated recently announced the completion of the acquisition of Airborne Systems Inc. for approximately USD $250 million. Ohio-based TransDigm Group is a leading designer and manufacturer of highly engineered aircraft components, including valves, actuators, ignition systems and engine technology.
N. Dakota PSC requests extra valve for oil pipeline
The North Dakota Public Service Commission (PSC) recently approved a USD $125 million crude oil pipeline project that will cross Lake Sakakawea. The Commissioners, who supported the project unanimously, are taking several steps to minimize potential impacts to the lake, including boring at least 100 feet under the lakebed.
Husky Innovation Award for valve gate tech
Ontario-based Husky Injection Molding Systems recently won the Ringier 2015 Technology Innovation Award for the development of its Ultra Helix valve-gate technology and its contribution to production efficiency and cost effectiveness.
Peter O. Scannell now Director at Crane Co.
Crane Co. , a diversified manufacturer of highly engineered industrial products, including industrial valves, announced in early December that its Board of Directors elected Peter O. Scannell as a Director of Crane Co.