05292020Fri
Last updateFri, 29 May 2020 4pm

W&O Participates in Restoring “Living” Maritime History

W&O, the nation’s largest supplier of marine valves, pipe, fittings, engineered products and valve automation solutions, is proud to announce they have been selected as the exclusive pipe, valve and fitting provider for the refitting of the Atlantis II, a research vessel with ties to the Titanic.

“Our work with the team that is restoring the Atlantis II directly connects W&O with a unique piece of history related to our own industry,” said Jack Guidry, President and CEO of W&O. “We’re honored to take part in the restoration of this significant piece of maritime past in our own backyard. Our engineered solutions and expertise, as well as design/build specialties, allow W&O to understand the needs of the restoration/support team and their mission.

Source: W&O Supply

 

 


Tyco Flow Control Reports Fourth Quarter Earnings

Tyco Flow Control revenue increased 11% in the quarter with organic revenue growth of 6.5% led by continued growth in the Valves business, which grew 15% organically. This was offset by a 6% organic revenue decline in the Water business primarily due to reduced water pipeline project activity in Australia.

Source: Tyco

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Emerson Achieves Record 2008 Results

Emerson Process Management delivered an exceptional year, with reported sales increasing 17 percent to $6.7 billion.  Underlying sales growth for the year was 14 percent, which excludes a favorable impact of 4 percent from currency translation and a negative 1 percent impact from the Brooks Instrument divestiture, net of acquisitions. 

Source: Emerson

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Curtiss-Wright Awarded $83 Million U.S. Navy Contract

Curtiss-Wright Corp. has been awarded a contract inclusive of options in excess of $83 million to provide critical valves for the U.S. Navy's next four Virginia-Class submarines and second Ford-Class Aircraft Carrier. The award from Bechtel Plant Machinery, Inc. is for an initial ship-set of submarine valves and long lead materials valued at approximately $15 million.

Source: Curtiss-Wright

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Crane Co. Reports Third Quarter Earnings

Crane’s Fluid Handling segment backlog was $286 million at September 30, 2008, a decrease of 4% from $298 million at June 30, 2008, and an increase of 18% over $243 million at December 31, 2007. The third quarter 2008 sales increase of $2.5 million reflects $2.1 million of incremental sales related to the August 2007 acquisition of the Mobile Rugged Business division of Kontron America.

Source: Crane Co.

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