Industrial PVF

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Schlumberger Ltd. recently announced it has entered into an agreement with National Oilwell Varco to sell its Wilson distribution business.

With the acquisition, Collins will expand its upstate New York product brand offering with the addition of Raychem, Anderson Greenwood Instrumentation and Kunkle Valve, primarily from Tyco Flow Control Group.

PVF Outlook, a new publication sponsored by the American Supply Association, will debut in June.

MRC Global recently announced it sold 17,045,455 shares of common stock.

The recovery continues. For the second consecutive year, Supply House Times’ Premier survey reveals an increase in sales made by PCHP companies. The annual survey, conducted by Supply House Times and BNP Media Market Research, ranks the Top 125 PHCP wholesalers by their sales from the past year.

Tigre USA opened a regional distribution center located in Americus, Ga., to better serve its PVC pipe fittings customers around the area.

Tigre USA announced the additions of Bob Sapienza and Tim Johnson to its management team.

Janesville, Wis.-based welded, stainless-steel and alloy tubing manufacturer RathGibson agreed March 8 to be acquired by Precision Castparts Corp.

HD Supply agreed to sell its industrial pipe, valves and fittings  business to Shale-Inland Holdings, an affiliate of investment firms TowerBrook Capital Partners and The Stephens Group.

University of Houston Professor Michael J. Economides told the PVF Roundtable at its Feb. 21 meeting in Houston that oil, gas and coal will satisfy U.S. energy needs for years to come.