Last updateMon, 22 Jul 2019 8pm


Trends & Forecasts

Leadership Forum: Prosperity in the Age of Decline

Prosperity in the Age of DeclineWhen Brian Beaulieu of ITR Economics asked attendees at VMA’s 2015 Leadership Forum what economic issues most concerned them, the plunge in the price of oil was high on the list. The impact of a high U.S. dollar, the possibility of interest rate hikes and the future of shale gas were also subjects of interest, and Beaulieu ensured that he would cover them all and much more in his presentation.

Best Practices in New Product Development

Best Practices in New Product DevelopmentThe energy industry is entering into increasingly challenging environments. Deeper waters, more extreme temperatures and higher pressures are driving technology developments for new products to meet these needs. How do we define a process to design, produce, and qualify these products?

Other industries and organizations, like the Department of Defense (DoD), have been implementing a five-stage new product development (NPD) process for years and have valuable best practices to offer. In addition, new and developing standards from classification society DNV GL, which introduced its first pipeline code in 1976, and the Bureau of Safety and Environmental Enforcement (BSEE) are adopting existing DoD specifications to use as guidance to develop and qualify new products.

Oil Prices and Production Cuts a Priority at Leadership Forum

John SpearsWith oil prices falling and production continuing to climb, attendees at the Valve Manufacturers Association’s 2015 Valve Industry Leadership Forum, March 19-20 in New Orleans, were anxious to hear the forecasts of presenting experts regarding the oil and gas sector. The big concern: How much and for how long will low oil prices last, and what does that mean for capital spending, rig count and production?

3D Printing Headlines VMA’s 2015 Technical Seminar

3D Printing Headlines VMAs 2015 Technical SeminarIn addition to sharing updated information on standards, safety and innovations in design, VMA’s Technical Seminar, held March 5-6, 2015 in San Antonio, featured several presentations on additive manufacturing, also known as 3D printing. These were of great interest to the attendees, engineers and technical personnel from valve and actuator manufacturers as well as end users of these products.

Additive manufacturing is an area of manufacturing that is seeing continual improvements within a relatively short period of time. While it has been possible for a number of years to make parts to meet the demanding requirements of aerospace applications, equipment is always in development to make it possible to print objects in larger sizes and with a greater variety of materials.

Market Outlook for Distributors

Market Outlook for DistributorsWhat lies ahead for the distribution market? A recent webcast, hosted by Modern Distribution Management (MDM), provided insight into this important market. While the presentation covered distribution of all wholesale products, the information shared in this article is geared specifically to distributors and manufacturers of valves, actuators and controls, and their suppliers.

The information presented was based on data collected from a quarterly survey of 500 distributors across the full spectrum of wholesale distribution, and includes the outlook for 2015 from MDM and the Robert W. Baird & Co., which conducted the survey.

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