News

Our editors gather news and press releases from around the world to bring our community the latest developments in the valve and actuation industry. Here you can find news involving the people and companies involved in the design, manufacturing, supply, maintenance and use of industrial valves and actuators. We focus both on engineered products as off the shelf products.
If you wish to include your news items and press releases in our publication, email newsletter or on our website please feel free to contact the Editor.

Pentair to buy Erico Global

Pentair PLC has agreed to buy Erico Global Co. for $1.8 billion in cash after coming under pressure from activist investor Trian Fund Management LP to strike deals. Pentair, the Manchester, U.K.

New customizable actuators

Haydon Kerk Motion Solutions’ 21000 double-stack linear actuators take up just 0.8 sq. in. of space but deliver high performance and endurance for semiconductor handling, valve control, X-Y tables and handheld instrument applications. They’re compact and come in captive, non-captive and external linear versions.

Buffett to acquire Precision Castparts

Warren Buffett’s Berkshire Hathaway Inc. agreed to buy Precision Castparts Corp., the maker of equipment including valves and turbines for the aerospace and energy industries, in a deal valued at $37.

NOV buys Challenger Industries

Now Inc., a spinoff of oil field services company National Oilwell Varco, has announced plans to buy up a company that supplies pipes, valves and fittings to the energy industry. Challenger Industries Inc.

Evolution valves supplies valves to LNG facility

Global cryogenic service provider, Evolution Valves, recently supplied comprehensive valve packages for one of the largest shaving stations ever built in Hefei, Eastern China. Hefei is the largest city of Anhui Province and has a population of nearly 7.

New pressure vacuum relief valve

ERGIL StorageTech™ extended its product portfolio with the launch of Pressure Vacuum Relief Valve with Flame Arrester. The pressure vacuum relief valve is from ERGIL StorageTech™ an offshoot of ERGIL – the global specialist in engineering, construction and manufacturing for oil, gas, chemical and petrochemical industries is designed in a manner that it ensures a smooth, positive and effective operation.

Metso closing plant in York, PA

Metso is continuing to transform its mining business operations. The latest example is the announcement that the company will be closing of the manufacturing operations at the York, Pennsylvania, USA plant as of March 31, 2016.

ExxonMobil to expand US crude processing capacity

ExxonMobil will add flexibility to process light crudes at its Beaumont refinery, increasing production capacity by approximately 20,000 barrels per day. This expansion will further strengthen ExxonMobil’s integrated downstream portfolio in Southeast Texas.

Valve in Crane Lake being cleaned

A recent draw down of Crane Lake in Iron County, Missouri will allow USA staff to perform studies on the lake’s dam and containment structures. As well, a valve located at the bottom of the dam is also stuck and the draw down will allow for staff to repair this problem.

New report on industrial valves market

Industrial Market Research Reports has just published its latest report called Industrial Valves Market Research 2015. This new report aims to help people within the industry make decisions that are based on quantifiable projections.