June 2009

Trends and Resources

HP Impact: HPImpact: Valve industry: reason for optimism, despite projected downturn

As with many industries, the US and Canadian industrial valve industry saw the steady climb in sales and profits of the last decade turn around in the past year to experience a decline. However, the d..

Weirauch, Wendy, Hydrocarbon Processing Staff

As with many industries, the US and Canadian industrial valve industry saw the steady climb in sales and profits of the last decade turn around in the past year to experience a decline. However, the decrease is slight compared to most other industries, and is not expected to last more than a year. So says a new report from the Valve Manufacturers Association (www.vma.org). Valve and actuator shipments rise and fall with the fate of the industries that depend on those shipments. Noting the downward track those industries are now on, the VMA estimates a 5% decrease in industrial valve shipments for 2009—the first such decrease in a decade. However, 2009 VMA Chairman Sam Bennardo remai

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