Valve
CELEBRATIONS
STAFF
PUBLISHER
William S. Sandler
ASSOCIATE PUBLISHER/
EDITOR-IN-CHIEF
Judy Tibbs
ASSISTANT EDITOR
Chris Guy
improvement in the art.
It must be worth its price, making it a
profitable investment for the user.
The margin between manufacturing cost
and selling price must be sufficient to permit vigorous advertising and sales representation and to render necessary assistance in the field to guarantee user
satisfaction.
COPY EDITOR
Genilee Parente
To learn more about the origins of the
Yarway brand, visit www.tycoflowcontrol-na.com and click on the News section.
ART DIRECTOR/
PRODUCTION MANAGER
Michelle Wandres
ADVERTISING DIRECTOR
Sue Partyke
How to Contact
VALVE MAGAZINE
EDITORIAL OFFICES
7000 Radford Drive
Fredericksburg, VA 22407
phone: 540.785.8901
fax: 540.785.8903
email: jtibbs@vma.org
website:
www.ValveMagazine.com
ADVERTISING SALES
Sue Partyke
1101 Caroline Street
Suite 200
Fredericksburg, VA 22401
phone: 540.374.9100
fax: 540.374.9265
email: suepartyke@cs.com
TYCO’S YARWAY TURNS 100
When the Simplex Engineering Company—
later to become the Yarnall-Waring
Company and eventually Yarway
Corporation—was established, the founders
were young men who, by Quaker tradition
and training, believed that a business should
do more than produce profits for the owners.
According to Robert Yarnall’s written
account, the decision to start the Yarway
valve business was made on a warm Sunday
afternoon in 1908 as he and Bernard
Waring, childhood friends, stopped to rest
during a walk along Crum Creek in
Philadelphia, PA. At that time, Yarnall was
working as an engineering assistant and
Waring was a traveling salesman for other
private-owned companies.
And the rest, as they say, is history. The
company flourished in the decades to follow
and in 1987 Keystone International purchased Yarway Corporation. Then in 2001,
Tyco International purchased Keystone International. Today, 100 years later, Tyco/Yarway
still adheres to Waring and Yarnall’s early
discussions in which the two decided:
The product must be needed and perform
better than anything else being offered.
There must be an “engineering reason”
for its superiority, representing a distinct
RICHARDS INDUSTRIES
REACHES SAFETY MILESTONE
Employees and management of Richards
Industries have achieved more than 2. 5 million hours worked without a lost-time claim,
where an employee is off work for more than
seven days due to injury. The company
employs 125 associates and utilizes many
safety practices supported by the Ohio
Bureau of Workers’ Compensation.
Richards formed a safety committee comprised of employees from several areas of the
organization. The committee’s efforts have
helped to develop a safety culture across the
organization by conducting regular departmental safety checks that ensure safety procedures are being followed and eliminate
potential hazards.
CIRCULATION/SUBSCRIPTIONS
phone: 570.567.1193
fax: 570.320.2079
email:
valve@PublishersServiceAssociates.com
CAMERON RECEIVES SUBSEA
SYSTEMS CONTRACT
NEW PRODUCTS, MEDIA &
INDUSTRY NEWS
Chris Guy
phone: 540.785.8901
fax: 540.785.8903
ARTICLE SUBMISSIONS
VALVE MAGAZINE
welcomes articles, proposals,
manuscripts, photographs, and
ideas from our readers. For a
copy of the magazine’s Author’s
Guidelines, contact Judy Tibbs,
editor-in-chief, at jtibbs@vma.org
or call 540.785.8901.
Cameron has been awarded a contract with an initial value of approximately $650 million to provide
subsea systems for the initial phase of Total’s Usan,
a 44-well subsea development project offshore
Nigeria.
Under the contract, Cameron will provide subsea systems engineering and project management,
along with subsea Christmas trees, production and
intervention control systems, manifolds, flowline connection systems, installation support and
associated spares for Total’s Nigerian subsidiary, Elf Petroleum Nigeria Limited. The agreement also includes provisions for additional revenues of approximately $2 million per well associated with installation and commissioning support over the life of the contract. Initial equipment delivery and installation is slated to begin in the first quarter of 2009, with additional
deliveries of subsea trees and associated equipment to continue through 2012.
