01182019Fri
Last updateFri, 18 Jan 2019 3pm

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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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Crane Co. Reports Fourth Quarter '08 Results

Crane’s fluid handling segment had fourth quarter 2008 sales decreased $22.2 million, or 7%, including unfavorable foreign currency translation of $32.3 million (11%) and a decline of $0.7 million of core sales, partially offset by sales from acquired businesses, net of $10.8 million (4%).

Source: Crane

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ValvTechnologies Now “N” and “NPT” Authorized and Code Stamped

ValvTechnologies has successfully acquired “N” and “NPT” Authorizations and Code Stamps. As of January of this year, ASME lists 110 “N” Code Stamp holders worldwide. Of the 110, only 16 of the authorized stamp holders are North American valve manufacturers –-- now make that 17.

Source: ValvTechnologies

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Parker Reports Second Quarter Sales, Net Income and Earnings per Share

Parker Hannifin Corporation reported results for its fiscal 2009 second quarter ending December 31, 2008.  Fiscal 2009 second quarter sales were $2.7 billion, a decline of 5% from $2.8 billion in the same quarter a year ago.

In the Climate & Industrial Controls segment, second-quarter sales declined 21.8% to $179.2 million, and the segment recorded an operating loss of $12.8 million, compared with an operating profit of $5.4 million in the same period a year ago.

Source: Parker Hannifin

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Emerson Digital Valve Controller Named Product of the Year in China

Emerson Process Management’s Fisher FIELDVUE digital valve controller has been named The Best Product of the Year 2008 by Control Engineering China Magazine, based on a reader survey.

The Fisher FIELDVUE DVC2000 received the gong in the process sensor and instrument products category in the magazine’s third annual competition.

Source: PACE

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