News

Baker Hughes Releases Third Quarter Report

Baker Hughes experienced orders of $5.4 billion for the quarter, up 6% sequentially and up 5% year-over-year. Revenue was $5.1 billion for the quarter, down 1% sequentially and up 1% year-over-year.

VMAnews

November 19, 2021

U.S. Oil Producers Face Supply Chain Shortages as Demand Rises

U.S. Oil Producers Face Supply Chain Shortages as Demand Rises

According to an article by Reuters, this could mean it takes longer for global output to match demand, resulting in drained inventories and higher prices.

Supply Chain

November 19, 2021

Leading AM Trade and Media Organizations Unite to Launch Formnext USA Chicago in Spring 2025

Mesago Messe Frankfurt (the organizers of Formnext) and Messe Frankfurt USA announce a strategic partnership with AMT – The Association For Manufacturing Technology and Gardner Business Media to create a new show in the U.S. dedicated to all aspects of industrial additive manufacturing.

Manufacturing

November 18, 2021

OSHA COVID-19 Vaccination and Testing Mandate Suspended

the U.S. Court of Appeals for the Fifth Circuit granted a motion to stay OSHA’s COVID-19 Vaccination and Testing Emergency Temporary Standard, published on November 5, 2021.

VMAnews

November 18, 2021

MRC Global’s Biannual InSight Magazine is Out

MRC Global’s reporting explores timely issues of transportation delays, capacity challenges and pricing instability that affects valve and fitting product costs and lead times, among other important topics impacting business this year.

Manufacturing VMAnews

November 16, 2021

“Creators Wanted” Program Focuses on the U.S. Manufacturing Workforce

“Creators Wanted” Program Focuses on the U.S. Manufacturing Workforce

By 2025, Creators Wanted aims to reduce the skills gap in the United States by 600,000, as well as increase the number of students enrolling in technical and vocational schools or reskilling programs by 25% and increase the positive perception of the industry among parents to 50% from 27%.

Manufacturing Workforce Development

November 16, 2021

“Build America, Buy America” Signals Increased Commitment to U.S. Manufactured Goods

The Infrastructure Investment and Jobs Act includes major domestic procurement (“Buy America”) requirements for infrastructure materials.

Manufacturing

November 16, 2021

Shell and Norsk Hydro to Jointly Produce Green Hydrogen

Shell and Norsk Hydro to Jointly Produce Green Hydrogen

The Anglo-Dutch oil giant and the Norwegian aluminum maker’s green hydrogen unit, Hydro Havrand, have signed an MoU and begun initial work to identify opportunities to produce and supply renewable hydrogen.

General

November 15, 2021

Emerson Reports Q4 and Full Year 2021 Results and 2022 Outlook

Fourth quarter net sales were $4.9 billion, up 9 percent from the year prior despite an estimated $175 million impact due to supply chain, logistics and labor constraints.

VMAnews

November 15, 2021

Setpoint Integrated Solutions Inc. Receives the Gold Safety Award

The safety evaluation program reviews the company’s safety performance, how employees are kept safe and current safety management systems.

Quality/Compliance VMAnews

November 12, 2021

Baker Hughes and Shell Sign Agreement Toward Net-Zero Emissions

Broad collaboration accelerates climate-related energy transition.

General VMAnews

November 12, 2021

An Interview with VMA’s New Board Chairman

At VMA’s 83rd Annual Meeting, Ron Warren, President and COO of Bray International Inc., was elected the board chairman of VMA for the next year.

VMAnews

November 12, 2021

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