RICHMOND, Va. (Jan. 24, 2013) – While the alignment of rotating machinery shafts is just one small part of machinery maintenance, it is nevertheless critical to keeping machinery operating. By focusing on best alignment practices, and by recognizing the workers who are responsible for keeping America’s machinery running, VibrAlign aims to contribute to the resurgence of American manufacturing.

WHITE PLAINS, N.Y. (Jan. 24, 2013) – Xylem Inc. signed a $158 million (€120 million) financing agreement with the European Investment Bank to fund innovative and aspirational research and development (R&D) projects across Europe. The deal underscores the EIB’s involvement in the water sector and is part of the Risk Sharing Finance Facility (RSFF) initiative run by the EIB and the European Commission to promote R&D in the European Union.

SENECA FALLS, N.Y. (Jan. 22, 2013) – Nearly 10,000 industry specialists representing more than 140 countries have visited the World of Pumps Quiz website, sponsored by ITT Goulds Pumps, to test their knowledge. The online quiz challenges players with interesting questions about industrial pumps while generating company donations to teach CPR around the world.

BRUSSELS (Jan. 22, 2013) – Three representatives of the European Commission have agreed to speak to the industry. The conference aims to help European pump manufacturers implement correctly the Ecodesign regulations for water pumps and circulators. The conference will bring together various stakeholders (European Commission, pump manufacturers, CEN Working Group Chairpersons) to discuss openly the implementation of the Ecodesign regulations for water pumps and circulators.

CHICAGO (Jan. 22, 2013) – McIlvaine Company has revised its forecast for growth in the industrial valve industry over the next five years. The current forecast is for 5 percent growth. This is being revised to 5.5 percent CAGR for the 2013 to 2017 period. The basis is the increased anticipated revenues from the sales of smart valves. This is the latest forecast in Industrial Valves: World Markets published by the McIlvaine Company.
 

HELSINKI (Jan. 22, 2013) – Metso will supply a biomass-fired heating plant for district heat production to Savon Voima Oyj in Leppävirta in Finland. Following the investment, the municipality of Leppävirta will have access to more district heat generated using renewable fuels, in accordance with Savon Voima's bioenergy program. The new heating plant will significantly reduce the consumption of oil. The plant will go on stream in late 2013.