Last updateThu, 22 Mar 2018 4pm


ValvTechnologies ITC 2018 Recap

The biennial ValvTechnologies’ International Technical Conference and Users Group (ITC) was held on February 8-9 in Houston. Seeking to educate, inspire and engage attendees over a two-day period, the event brought together hundreds of attendees from across the globe to share valuable insight into the severe service valve industry’s leading-edge products, technology and solutions.

The conference united members of the valve community from 35 countries including industry experts, distributors and end users who participated in a series of technical lectures, roundtable discussions and networking activities. Retired seven-time NBA champion Robert Horry delivered the ITC 2018 featured keynote address. 

Matthew Davis Named Field Service Manager at Weir

Weir Valves & Controls USA (WVC USA) has appointed Matthew Davis to the position of field service manager. In his new role, Davis will be responsible for managing the WVC USA Field Service crew and organizing WVC Service jobs for power plants worldwide.

Davis joins WVC USA with over 20 years of experience in the power industry as a regional sales manager, AOV program engineer and project manager. During his time as a project manager, Davis was responsible for managing teams of valve technicians and field service engineers at various nuclear plants in the U.S. In addition to his technical experience, Davis has also been involved with direct sales, planning, budgeting, cost tracking and vendor oversight. 

Crane Co. Reports Fourth Quarter 2017 Results

Crane Co. reports a fourth quarter 2017 GAAP net loss of $0.48 per share, compared to a fourth quarter 2016 GAAP net loss of $1.09 per share. Fourth quarter 2017 sales were $714 million, up 5% compared to 2016. Core sales increased $13 million, or 2%, with $14 million, or 2%, of favorable foreign exchange, and a $5 million, or 1%, net acquisition benefit.

Fourth quarter 2017 operating profit was $91 million compared to an operating loss of $92 million in 2016. Excluding Special Items, fourth quarter 2017 operating profit was $109 million, an increase of 8% compared to 2016. 

Emerson and AspenTech Form Alliance

Emerson and AspenTech have teamed up to deliver asset optimization software solutions along with global automation technologies and operational consulting services. Together, the two companies will provide holistic optimization strategies that rely on real-time data, advanced analytics enabled by machine learning and rich process knowledge.

The alliance will initially focus on three key areas: engineering software, including high-fidelity simulation to help validate project design and train operators before start-up; manufacturing and supply chain software, including advanced process control software designed for highly complex operations; and asset performance management software to improve plant reliability. 

Val-Matic Receives ISO 9001:2015 Certification

Val-Matic has been approved for the ISO 9001:2015 Quality Management System standard. Val-Matic has been ISO registered since 2006. Their Quality Management System scope, as on their ISO 9001:2015 certificate is: Design, Manufacture, and Service of Valves and Related Products for the Water and Waste, Commercial Building Construction, Irrigation and Industrial Markets. 



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