News

Representatives of the four largest shareholders registered in Metso Corporation’s (Metso) shareholder register as of September 1, 2015 have been elected to the Shareholders' Nomination Board along with the Chairman of the Board of Directors as an expert member.

Hoerbiger, a global provider of components and systems for the oil, gas & process industries, the automotive industry, and the mechanical and plant engineering field, has recently acquired IEP Technologies (IEP).

According to a recent report by IndustryARC “Solenoid Valves Market Analysis: By Types; By Industry – With Forecast (2015-2020),” the solenoid valves market is expected to grow at a compound annual growth rate (CAGR) of 3.

Velan S.A.S., Velan Inc.'s wholly-owned subsidiary based in Lyon, France, has been awarded important contracts for the supply of nuclear class valves to China Nuclear Power Engineering Corporation (CNPEC), China Nuclear Power Engineering Co.

Watts Water Technologies (Watts) has announced that the company will be ringing the closing bell at the New York Stock Exchange (NYSE) on Wednesday, September 16, 2015. Watts is celebrating its 20th year of listing on the NYSE and its more than 140 years in business.

Moog Inc., based out of East Aurora, New York, has released its high-cycle Megatork hydraulic rotary actuator, the latest in a series of actuators that Moog has produced for nearly 50 years for clients around the globe.

According to the latest forecast published by the McIlvaine Company in N028 Industrial Valves: World Market, the market for industrial valves will grow by 16% from 2015 to 2019 at oil prices of $80/barrel during the period.

According to a recent report, chemical and industrial products are the key industries for the development of new industry verticals in the global solenoid valves market. The Report “Solenoid Valves Market Analysis: By Types (Two port, Three-way, Four-way, Direct Acting, Pilot operated); By industry (Water Treatment, Power, Pulp & Paper, Food & Beverage, Chemical) – With Forecast (2015 – 2020),” published by IndustryArc, forecasts a market compound annual growth rate (CAGR) of 3.

MGA Controls, with product distributors in North America, has recently introduced its Resilient Hinge Check Valve (RHCV), which employs a flexible reinforced disk that works more like a heart valve, as it has no hinge and a soft seal closure.

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.