Valve Magazine - Summer 2012

Valve MAGAZINE

www.ValveMagazine.com

Made in the USA,

Sold in the USA

EDITORIAL REVIEW BOARD
Richard D. Oaks
AUMA AC TUATORS, INC.

Mike Hendrick CONVAL, INC.

Doug Clendenin
CRANE FLOW SOLUTIONS

John Wells
EMERSON PROCESS
MANAGEMENT

Ed Holtgraver QTRCO, INC.

Andrew Shuman CAMERON

Christopher Warnett ROTORK CONTROLS, INC.

VALVE MAGAZINE (ISSN No. 1057- 2813) is the official magazine of the Valve Manufacturers Association of America (VMA) and is published quarterly by VMA, located at 1050 17th Street NW, Suite 280, Washington, DC 20036-5521; 202.331.8105; Fax: 202.296.0378.

Advertising queries: 540.374.9100. Periodicals postage paid at Washington, D. C., and at additional mailing offices.

POSTMASTER: Send address changes to VALVE MAGAZINE, P. O. Box 1673 Williamsport, PA 17703-1673.

Subscriptions are free to qualified readers in the United States and Canada; $40 per year to unqualified readers in the United States and Canada; $60 per year for all subscribers outside the United States and Canada. Statements of fact and opinion made are the responsibility of the authors alone and do not necessarily imply endorsement or agreement on the part of the officers or membership of VMA. Materials may not be reproduced in any form without written permission of VMA.

www.vma.org

Anew word has been added to our vocabulary—RESHORING—and its use bodes well for American and Canadian manufacturing.

The Reshoring Initiative, founded in
2010 by Harry Moser, a former top
executive in manufacturing here in the
U.S., has received a lot of publicity
recently. The mission of the initiative,
as the name connotes, is to bring
quality, well-paying manufacturing
jobs back to this nation. It hopes to do
this by assisting companies in more
accurately assessing their total cost of
manufacturing overseas, thereby shift-
ing collective thinking away from
“offshoring is cheaper.”
The Reshoring Initiative lists the
following as the top reasons for com-
panies to reshore:

; Total cost of ownership reduced

; Quality and consistency of inputs improved

; Pipeline and surge inventory impact on just-in-time operations reduced

; Manufacturing can be clustered near research and development facilities, enhancing innovation

; Intellectual property and regulatory compliance risk reduced

; Waste and instability caused by offshoring eliminated

; Companies’ ability to respond
quickly to customer demands
strengthened
It also lists these overall benefits to
the nation:

; U.S., state and local officials
aided in balancing their budgets
Senior editor Kate Kunkel recently
interviewed Harry Moser; for more on
this topic, read “The True Cost of Off-
shoring” on www.ValveMagazine.com
> Web Only > Web Features.

SOLD IN THE USA

In addition to manufacturing returning to our borders, we also have seen an upturn in sales of industrial valves, actuators and controls to U.S. end users. Although exports of valves, actuators and controls continue to be a significant part of VMA member total sales this year, we are seeing more and more product staying here in this nation, as well as other parts of North America. This domestic increase seems to be across the board for the end-user industries that VMA follows, which is another good sign. Members are reporting new projects as well as maintenance, repair and operations sales.

All of this indicates that it’s a good time to be a manufacturer in North America. VM

NOTE: Just a reminder to VMA and VRC member companies that a session on the Reshoring Initiative has been planned for the VMA/VRC Annual Meeting scheduled for Sept. 20-22 in Half Moon Bay, CA. Hope to see you there.