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Last updateThu, 19 Oct 2017 5pm

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2008 Market Outlook: Another Good Year

But get ready for a down cycle as we near the end of the first decade of the new millenium.

When members of the Valve Manufacturers Association gathered in Coronado Beach, CA in August for the association’s Annual Market Outlook Workshop, they listened intently to forecasts from a bakers’ dozen of economists and industry prognosticators. While much of the news was positive—most of the end-user industries served by VMA members appear to be on track for another healthy year—they also heard words of caution. In more than one instance, presenters mentioned the “R” word (recession), giving attendees plenty of food for thought as they plan beyond 2008. Two other themes echoed by speakers? The ever-dwindling workforce and the need to recognize how the North American valve industry is inextricably intertwined with the rest of the world.


Unlocking the Truth About Alternative Energy Sources

Yes, we are making strides toward developing alternative, cleaner energy sources such as wind, biomass and hydrogen technologies… but many in the industry believe coal gasification and nuclear power are the ‘real’ keys to reducing reliance on fossil fuels.

Who Will Run Tomorrow's Plants

The graying of America—and the less-than-sexy appeal of a career in manufacturing and industrial settings—means an ever-increasing shortfall of experienced engineers and technicians.

Perspectives of Distribution

One of the best-received presentations at the Valve Manufacturers Association annual meeting held last October in Naples, FL, was a panel discussion that explored the changing relationships within the industry's supply chain. From integration to consolidation, trends in distribution impact everyone. So Valve Magazine caught up with three people involved in organizing or participating on the panel-an end user, a distributor, and a manufacturer-for a follow-up conversation on the question: What do each of the different segments in today's supply chain need to know so they can understand each other better and work together more effectively?

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