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Last updateTue, 18 May 2021 6pm

Flow-Quip Provides Actuators for Caribbean Pipeline

Flow-Quip, Inc. was selected by Petroterminal de Panama, S.A. to supply two 24-inch, ANSI 600 ball-type flow control valves on the reverse flow and upgrade of the pipeline from the Caribbean to the Pacific. The Servo Series actuators power the 24-inch diameter flow control valves when pipeline pressure changes.

Source: Flow-Quip

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Matrix Metals to Close Richmond, TX Plant

Matrix Metals LLC will lay off 160 workers from its Richmond Foundry facility and will permanently close the plant, according to a WARN letter sent to the Texas Workforce Commission.

“Despite the combined efforts of management and labor the past year to improve productivity, quality and delivery, Richmond Foundry simply cannot operate against such dramatically lower sales volumes,” according to the letter.

Source: Houston Business Journal

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Exelon Shuts IL Quad Cities 1 Reactor

Exelon Corp. shut the 867-megawatt Unit 1 at the Quad Cities nuclear power station in Illinois by May 25 to work on a couple of valves, a spokeswoman for the plant said on Tuesday.

She could not say when the unit would return to service, in part because workers were still repairing the valves. The valves could not be fixed while the unit was operating.

Source: Reuters

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PBM Honored By Small Business Administration

The U.S. Small Business Administration has named Stuart Zarembo of PBM Valve as their Small Business Exporter of the Year for the Pittsburgh District. Stuart Zarembo was named president and CEO of PBM in December 1991. Stu holds degrees in mechanical engineering from Rensselaer Polytechnic Institute and Stanford University and an MBA from the Harvard Business School.

The company has grown their international markets through Mr. Zarembo's dedication, vision, and direction. In an industry that has tremendous competition, PBM has excelled through their innovative dedication to supply specialty solutions for specific customer requirements. The company's strategy includes continual development of specialty products and a strong desire to establish a presence and representation in key markets.

Source: PBM

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