Last updateFri, 23 Jun 2017 4pm


Emerson Acquires MYNAH Technologies

Emerson has completed the purchase of MYNAH Technologies, a long-time Emerson alliance partner. The addition of MYNAH will help support Emerson Automation Solutions and its Operational Certainty program. Terms of the acquisition were not disclosed.

MYNAH software is currently in use at more than 1,400 sites across 68 countries in industries ranging from hydrocarbon production, refining, chemical, pharmaceutical and biotechnology. 

Roger Fix Named Chairman of Flowserve

In its most recent annual meeting, Flowserve announced that Bill Rusnack and Lynn Elsenhans have retired as members of the board of directors. Flowserve also announced that board member Roger Fix has been elected to replace Rusnack as chairman.

"Bill and Lynn provided years of distinguished service to Flowserve," said president and CEO Scott Rowe. "Bill in particular has been a part of the transformation of this company and helped shape the Flowserve we are today. We have truly benefited from his board leadership over the years. I want to thank both Bill and Lynn for their commitment to Flowserve." 

MRC Global Opening Regional Distribution Center in La Porte, TX

MRC Global (US) Inc. is opening a new regional distribution center (RDC) and operational hub for the Gulf Coast area in La Porte, TX. The new facility will house over 400,000 square feet of warehouse space, have over 75,000 square feet of office space and an extensive pipe yard. MRC Global expects the RDC to be operational in late 2017 and the adjacent offices to be ready in the third quarter of 2018.

The new facility, located at the Port Crossing Commerce Center in La Porte, TX on Texas Highway 146, is strategically located near many of MRC Global's downstream refining and chemical customers. It has ready access to rail at the facility and to the container terminals at Barbours Cut Terminal and the Bayport Terminal, both of which are less than three miles away. 

United Valve Puts Huge New Machine Tool in Service

United Valve Large VTLUnited Valve has just finished the first four weeks of operation of its huge new vertical boring Lathe (VTL). The 38’ tall machine, which weighs nearly 350,000 pounds, has the capacity to swing components up to 24 feet tall and 20 feet wide. Situated under a 40-ton capacity crane, the machine is the largest of its kind in any valve service company in the United States.

The company just finished a large repair order consisting of 42” and 48” class 300 gate valves and the machine was utilized to remove seat rings, lap seating surfaces and machine RTJ-groove ends.  

Velan Supplying Valves for Third Generation Nuclear Reactors

Velan will provide NNB Generation Company (HPC) Limited, a subsidiary of EDF Energy Plc, a French-British power utility, and AREVA NP, nuclear valves to equip the primary and safety auxiliary systems of the two new-generation EPR reactors at the Hinkley Point C nuclear power plant, located in Somerset, UK.

Valued at approximately $55 million, this transaction was recorded in the group's order book in the fourth quarter of the last fiscal year, which ended on February 28, 2017. Delivery of the equipment is scheduled for 2019-2021. 

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