In my report on the recent winter PVF Roundtable meeting in Houston, Supply House Times columnist and ASA Industry Analyst Morrie Beschloss used the signature sign-on line from World War II-era radio commentator Gabriel Heatter to describe the outlook for the industrial PVF industry.
Although hydraulic fracturing (fracking) has engendered the possibility of shale-produced oil and natural gas, vaulting the United States into the world’s No. 1 spot in fossil-fuel production (oil, coal, natural gas), prestigious financial weekly Barron’s now estimates up to $1 trillion in capital-goods spending will be generated to make this happen by 2025.
The PVF Roundtable picked up where it left off in 2013.
March 12, 2014
The popular industrial pipe, valves and fittings quarterly gathering established yet another attendance record in its debut in late February at the Westin Galleria in Houston.
Bonomi 100712LF series sweat-end lead-free brass check valves feature a spring-loaded soft seat for fast action and bubble-tight shutoff at both high and low pressures.
One of my three beagle dogs recently lost a portion of her ear after an attack by a neighborhood dog. Fenway (my wife’s a huge Red Sox fan; we had another beagle named Boston) had to undergo emergency surgery to save/reconstruct the ear.
While the 2014 economic year is in its infancy, there are a number of positive factors indicating the current year will be the strongest comeback year since the end of the recent Great Recession and have the makeup of strong diversified economic elements.
Bill Bootz, owner of Houston-based industrial PVF master distributor Team Alloys, didn’t know much about the business when he first started as an outside salesman back in the 1980s. “My first sales call to SMS of Texas was on Sept. 18, 1989,” he recalls in vivid detail. “They told me my price was higher than domestic. I said, ‘What’s domestic?’ I knew absolutely nothing about the business — completely zero.”
Trends and forecasts always are frequent topics of discussion in the PHCP/PVF industry. That definitely holds true for the master distribution end of the equation. A group of master distribution executives recently spoke with Supply House Times on a variety of topics related to their companies’ roles in the industry.