“The federal government is taking steps that may open California's fabled coast to oil drilling in as few as three years, an action that could place dozens of platforms off the Sonoma, Mendocino and Humboldt coasts, and raises the specter of spills, air pollution and increased ship traffic into San Francisco Bay.”
The impacts of the drilling will cause increased vessel traffic, more oil spills, as well as put the whales, dolphins, Sea turtles, Seabirds and other animals at risk.
“The Valve Manufacturers Association (VMA) recently released its latest annual market forecast for valve shipments. In it, plenty of good news because, for the third year in a row, shipments for the U.S. and Canadian industrial valve industry are forecast to grow, rising to about $4 billion in 2012. “
Like all manufacturing industries and shipping industries, valves saw a decline at one point during the recent world economic woes. “For our industry, which tends to lag behind the general economy and its own end-user industries, that drop was about 5% in 2009.
Based on this information that we have we can determine that while the US experienced down time in business, markets in India and China continued to grow, as well as in the Middle East.
J:\Idea\Rise in Valve Shipments Signals Growth in Economy.mht