June 2010 Vol. 237 No. 6

TechNotes

Valve Makers Say Decline Of Last Year Expected To Reverse

After a 5% decline in 2009, the valve industry appears to have stabilized and will probably see some minor growth this year, according to a new report from the Valve Manufacturers Association (VMA). The association’s annual forecast for valve shipments in the United States and Canada predicted total industrial valve shipments for 2010 will be $3.855 billion, which is slightly higher than the $3.802 billion in 2009 shipments. Between 2009 and 2008, the industry saw its first decline for the decade; however, compared to other manufacturing industries, the fall was not as severe as new oil products and particularly natural gas transmission and gathering pipeline construction

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