Tag: manufacturing
AVK launches new valves manufacturing facility
Danish valves manufacturer AVK Valves Southern Africa, a company which also has many offices located throughout the Americas, has officially launched its R200-million valves manufacturing facility in Alrode, Gauteng, with the manufacturer being the first in its sector to seek to take full advantage of the Department of Trade and Industry’s (DTI's) local content requirements for State-owned entities.
Texas manufacturing sector levels off in July
According to a recent report from the Federal Reserve Bank of Dallas, production at Texas factories leveled off in July, easing a two-month decline in the state’s manufacturing sector.
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.
Manufacturers experience rebound in July
This past July, the Markit US Manufacturing Purchasing Managers’ Index (PMI) was 53.8, which picked up slightly from the 20-month low seen in June (53.6). The latest reading was above the 50.0 no-change mark and higher than the long-run series average (52.
PPE celebrates 40 years
Founded in 1975, Precision Polymer Engineering (PPE) is celebrating its 40th year anniversary in 2015; this milestone was acknowledged recently with an employee family fun day and “birthday” party.
Honeywell to acquire Elster
Honeywell announced that it has signed a definitive agreement to acquire the Elster Division of Melrose Industries, a provider of thermal gas solutions for commercial, industrial, and residential heating systems and gas, water, and electricity meters, including smart meters and software and data analytics solutions, for approximately USD 5.