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 Velan
is pleased to announce that on August 5th 2002 Velan Valves
Ltd. —Velan's U.K. subsidiary in Leicester, England—acquired
the business of Plenty Steam Products from General Signal.
Plenty Steam Products manufactures a comprehensive range of
steam traps which were the original design of Mr A.K. Velan,
President and CEO of Velan. Velan sold the product line to
Plenty in 1987 to focus on the growing demand for its valves.
Mr. Brian Hall, Managing Director of Velan U.K., says, "This
is a very exciting development for us. The inclusion of steam
traps and allied equipment will enhance our range of manufactured
product in the U.K. This will also give us the opportunity
to increase our presence and sales to the world market. Velan
will bring additional sales and marketing expertise to the
business as well as its considerable engineering, research
and development capabilities."
In addition to steam traps, the Plenty Steam Traps acquisition
brings Zwicky Controlled Pressure Valves to the new Velan
U.K. manufacturing program. |
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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.
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Daniel Velan
Advertising & Sales Promotion Manager
E-mail: dvelan@velanvalve.com
Tel: (514) 748-7743 Ext. 5593
Fax: (514) 748-8635 (FAX)
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Thank you for reading this Velan
Inc. 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 |
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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
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