The Process Industries Exposition has decided not to hold its 2003 event scheduled for March 31 to April 2 in New Orleans owing to "current economic conditions."

The original owners of Colonial Mechanical Corp. of Richmond, Va., and Webb Technologies of Norfolk, Va., bought those companies back from Akron, Ohio-based FirstEnergy Corp.

Cooper Cameron (Houston) has acquired Nutron Industries of Edmonnton, Alberta, a privately-held valve manufacturer, for a reported $50 million in cash.

This plastic toilet seat cleans and sanitizes itself in 15 seconds by rotating through a hygiene sluice that dispenses a citrus-scented, germ-killing solution on the seat's surface.

Flowserve Corp. appointed John J. Jacko to the newly created position of vice president/ marketing and customer management.

The final hearing on an anti-dumping investigation of non-malleable cast iron pipe fittings from China was held on Feb. 11.

IPSCO Steel Inc. appointed Chuck Mattia to the newly created position of vice president/new business development.

Maverick Tube Corp. plans to close its Youngstown, Ohio, manufacturing facility during the second quarter of 2003.

What follows is a summary of the February biannual Commodity Reports from ASA's Industrial Piping Division. More detailed information is available to IPD members exclusively via the Commodity Reports newsletter.

Hunt Valve was one of 28 organizations to earn a 2002 Excellence in Exporting Award from the State of Ohio.