Global private equity firm The Carlyle Group announced that John Maneely Co. (JMC), the parent company of Wheatland Tube and Atlas Tube, has signed a definitive agreement to acquire Sharon

Economic growth in the United States will continue in 2007, say the nation’s purchasing and supply management executives in their 72nd Semiannual Economic Forecast. Expectations are at a relatively high

Flowserve Corp. was honored with 10 Industry Leader Awards for 2006 by The National Safety Council, designating it as one of the safest companies in America. The NSC recognizes companies

Cameron named Lorne Phillips a vice president. Treasurer of the company since July 2005, Phillips joined Cameron in 1999 and served as general manager of the Valves & Measurement group’s

Ferguson (Newport News, VA) has acquired the assets of Guntersville Fabrication and Sprinkler Co. Inc. and Guntersville Pipe and Supply in Gunstersville, AL. The company is a distributor and fabricator

Sioux Pipe Inc. has signed a definitive agreement to be acquired by HD Supply Waterworks, a subsidiary of The Home Depot. Sioux Pipe is a leading water and sewer distributor

As the year began, there were more than 5,000 major industrial projects in the U.S. with planned construction starts in 2007, according to Industrial Info Resources of Sugar Land, TX.

Global private equity firm The Carlyle Group completed the previously announced merger of John Maneely Co. (JMC), parent of Wheatland Tube, on Dec. 8, 2006. Financial terms were not released.

NIBCO Changes Executive StructureNIBCO's Board of Directors has elected Steven Malm as its new president and chief operating officer. Malm acquires the day-to-day responsibilities of running the business, which had

Based on record high nickel prices on the London Metals Exchange during December, the British global metals tracking firm MEPS predicts the price of stainless steel products to continue an