Subject:  Valves Market News for May ‘08

Here are the headlines for the month of May ‘08 in the Updates to Valves.  The updates reflect only some of the new additions.  The analysis and revenues are constantly revised.  For more information, click on: Industrial Valves: World Markets

http://www.mcilvainecompany.com/brochures/water.html#n028

VALVE MARKET

UPDATE

May 2008 

TABLE OF CONTENTS

Industrial Valves Market Report Profiles Updated

ACQUISITION

Metso Purchases MAPAG from Linde Group

NEW NAME

New Names for Rotork Subsidiary

NEW OFFICE

Suzhu Viza Valves Move

PARTNERSHIP

Cameron and Max Torque Form Partnership

NEW JOINT VENTURE

Wartsila and Emerson Form Joint Venture for FPSO Vessels

BUSINESS EXPANSION

Weir Expands Valves Business in China

Metso Expanding its Production Capacity in China

FINANCE

Cameron Reports First Quarter 2008 Revenues Up 34 Percent

First Quarter Sales for Metso Level

KSB Increased Sales by 5.5 Percent

SPX’s Revenues Up 37 Percent

Emerson Reports Second Quarter Results Up 12 Percent

Rotork’s First Quarter Up 28 Percent

Flowserve Increases Sales in First Quarter by 24 Percent

Crane Company’s Sales Rose 8 Percent in First Quarter

ITT’s Revenue Up 32 Percent

Tyco’s Second Quarter EPS Up 70 Percent

Colfax Corporation Announces Initial Listing on New York Stock Exchange

PEOPLE

Rotork Appoints Systems Sales Manager

New Managing Director for MAPAG Valves

PROJECTS

Cameron Awarded Canadian Subsea Contract

Rotork Supplies Actuators to RWE Power Plants

Weir Receives Order for Ukraine Nuclear Plant

Dallman Explosion Blamed on Valve Failure

Tarmac Selects Rota Val Valve for Limestone Quarry

Counterfeit Water Valves in Nuclear Power Plant

NEW PRODUCTS

VAG Armaturen Extends Range of Knife Gate Valves

GF Piping Systems Improves Butterfly Valves

Armstrong Increases Commissioning Valve Range

Crane Adds Slow Start PTFE Diaphragm Valve

Many projects are detailed in monthly updates under Industry Analysis in the Report’s Chapters.

CHEMICALS

DISK DRIVE

ETHANOL

FLAT PANEL

FOOD

LNG PROJECTS

METALSWORKING

MINING

OIL & GAS

OTHER ELECTRONICS

PHARMACEUTICAL

PULP & PAPER

REFINERIES

SEMICONDUCTOR

TRANSPORTATION

U.S. MUNICIPAL WASTEWATER PROJECTS

POWER

• Huge pump expenditures are forecast for flue gas desulfurization systems in the U.S. and China. The specific reports are available separately in World Coal-fired Power Generation Analysis and Forecasts and in Utility Environmental Upgrade Tracking System.

For more information on all McIlvaine services, click on:  www.mcilvainecomany.com or call us at: 847-784-0012.

Bob McIlvaine

rmcilvaine@mcilvainecompany.com