Velan Inc T.VLN

Alternate Symbol(s): VLNSF

Industrials

Velan Inc. is a Canada-based manufacturers of industrial valves. The Company designs, manufactures and markets a range of industrial valves for use in industry applications, including power generation, oil and gas, refining and petrochemicals, chemicals, liquid natural gas and cryogenics, pulp and paper, geothermal processes and shipbuilding. Its products include Quarter-turn valves, Gate, globe, and check valves, Cryogenic valves, HF Acid valves, Steam traps, Bellows seal valves and Velan ABV Valves. Its services include research and development, maintenance manuals (IOMs), spare parts and service locations. The North American operations comprising two manufacturing plants in Canada, as well as one manufacturing plant and one distribution facility in the United States. Its overseas operations include manufacturing plants in France, Italy, Portugal, Korea, Taiwan, India, and China. The Company’s operations also include a sales operation in Germany.

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Velan Inc > Stephen Takacsy - BNN

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Post by Possibleidiot01on Nov 08, 2022 9:09am

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Post# 35081476

Stephen Takacsy - BNN

Unspecified

It is a valve maker where the end markets have great importance, especially energy and nuclear. Has a strong backlog. He is one of the activists pushing hard for the company to sell to a strategic partner for better profitability. Has a new CEO who is doing very well. Trading well below liquidation value.

INDUSTRIAL PRODUCTS

$5.320