| |
 Velan
Inc. and McJunkin Corporation, North America's leading distributor
of industrial pipe, valves and fittings announced today that
they have established a distribution arrangement for cast
carbon, stainless and alloy steel gate, globe and check valves
across the United States, with the exception of the Gulf Coast.
After careful review of each other's capabilities, products
and overall strength McJunkin and Velan forged a partnership
that will bring a unique value proposition to the market for
industrial valves.
"For many years Velan has considered McJunkin to be
the leading industrial PVF distributor in the United States,
growing and strengthening their market position, "
said Ivan Velan, Executive Vice President Sales North America,
"We are enthusiastic to be able to work with McJunkin
and optimistic about the opportunities this partnership
brings to both companies."
"I believe this partnership is an outstanding development
for the market," said Bernie Wehrle, President and
CEO of McJunkin, "I am personally very pleased to be
working with a company we have respected so highly, for
so long." Velan's strength of organization, breadth
of product and quality of manufacture made Velan a natural
fit with McJunkin's vision to be the premier supplier of
Pipe, Valves and Fittings.
Velan will provide products to all McJunkin locations in
the United States except for those in the Gulf Coast area.
In that area, Velan will support McJunkin only in situations
that are "enforced" by the end users. Where an
end user chooses to use Velan, and selects McJunkin as the
distributor, Velan will support McJunkin.
"We looked at many quality manufacturers and Velan
continually ranked at the top," said Gary Ittner, McJunkin's
Senior Vice President of Valve & Specialty Products,
"Adding Velan together with our current Kitz offering
allows us to bring customers a superior valve solution.
"
|
|
|
|
|
| |
Founded in 1950 with Head Office in Montreal, Canada, Velan
is one of the world's leading manufacturers of industrial
steel valves 1,500 employees in twelve specialized manufacturing
plants, including five in Canada, two in Korea, and one each
in the U.S., France, U.K, Portugal and Taiwan. More information
is available by visiting the company's web site at www.velan.com.
|
|
| |
Thank you for reading this Press
Release. Please address any feedback to pr@velan.com.
This service has been thoroughly tested with several e-mail
programs and services, but if you have trouble reading this,
please reply to this e-mail or send a message to pr@velan.com,
with "text" in the header.
© Velan Inc. 2002, All Rights Reserved |
|
|
Web: www.velan.com
E-Mail: info@velan.com
7007 Cote de Liesse
Montreal, QC, H4T 1G2
Canada
Tel: (514) 748-7743
Fax: (514) 748-8635
|
|
