10202018Sat
Last updateFri, 19 Oct 2018 1pm

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Cameron Valves Orders Up Compared to Last Year

Cameron reported net income of $149.1 million, or $0.67 per diluted share, for the quarter ended December 31, 2008, compared with net income in the prior year’s fourth quarter of $125.9 million, or $0.54 per diluted share.

Orders booked in 2008’s fourth quarter totaled $1.17 billion, down from the $1.49 billion of a year ago, due to declines in Drilling & Production Systems and Compression Systems, although Valves & Measurement’s fourth quarter orders were up from the prior year.

Source: Cameron

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Crane Co. To Present at the Gabelli 19th Annual Pump, Valve and Motor Symposium

Crane Co. announced that Max Mitchell, Group President Fluid Handling, and Richard E. Koch, Director, Investor Relations and Corporate Communications will be speaking at the Gabelli 19th Annual Pump, Valve and Motor Symposium in New York City on Wednesday, Feb. 18 from 9:00 am to 9:30 am.

A simultaneous web cast and presentation slides will be available on the Company's web site www.craneco.com.  A web replay will be available on the same web site shortly after completion of the presentation.

Source: Crane

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SPX Announces Sale of DeZurik Product Line

SPX Corp. announced that it has sold the remaining portion of its DeZurik product line to Sartell Valves Inc., a Minnesota-based water and wastewater treatment company. Formerly part of SPX's flow technology segment, this DeZurik product line of industrial valves was previously reported as a discontinued operation at the end of the third quarter 2008.

Source: SPX

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DFT Receives API-6D Certification

DFT Inc. has received the distinguished API-6D Certification. Valves produced and used in the petroleum and refining industry must meet rigorous quality and production standards.

Source: DFT

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