VALVE MAGAZINE Fall 2025

FROM THE EDITOR FROM THE EDITOR

It’s the Most Wonderful Time of the Year Looking back and ahead at the same time. As we are officially in the holiday season, fall has always been my favorite time of year. I love the colors in the trees and the crispness in the air. As I’ve gotten older, I’ve learned to love all the seasons, but fall is still leading the pack for me. It’s the nostalgia of back-to-school season (I was a nerd who loved school), Halloween, the VMA Annual meeting and planning for the next year. All of these have me excited! Fall is a season of planning and looking ahead while acknowledging the past year for many of us. I’ve had some personal changes, including now being part of the VMA staff, and professionally have tried to stay on top of all the changes brought about by the Trump administration and the impact it will have on all of you and our industry. Priorities shifting from renewables back to oil and gas means opportunity Challenges and Opportunities Are Everywhere Regulatory changes and updates, as well as tariff uncertainty, are keeping us on our toes. To say that this year has started o with more uncertainty than expected is an understatement. There have been natural disasters including ash oods, landslides, earthquakes and record-breaking heat, as well as political unrest and discord across the globe. And those in the industrial world are not immune to these challenges with new bills, regulations and tari s, but also signicant opportunities to boost some manufac turing sectors in the U.S., including ow controls. The recently passed U.S. tax reconciliation bill o ers substantial advan tages for many businesses. The Tax Foundation, a nonprot, nonpartisan tax policy organization, estimates that the new bill will increase long-run GDP by „. † long term but will also increase federal budget decits and add higher interest costs on that debt. A major win in the bill for manufacturers is the ability to expense domestic research and development costs in the year they are incurred. A bonus depreciation for short-lived technology in our world was a hot topic. Did you know that the average large data center being built today requires the same amount of energy on average that it takes to power 12,000 homes? With thousands of these under construction in the U.S. and around the world, there is an enormous opportunity for valve and all flow control manufacturers to not only power the grid, but to cool and power these data centers and all the fluid systems that go into them. The article on page 16 provides more insights into key markets shared during the Market Outlook Workshop for the flow control industry. Geopolitics continues to be a hot topic and was discussed in depth at the VMA Annual Meeting. The impact of tariffs, according to one speaker, isn’t truly felt for 9-18 months. Since there has been so much uncertainty with the levying then lifting of tariffs, and the changing tariff amounts, it seems safe to say most of you still don’t know just how deeply they are impacting your business today, or how the impact will continue to roll out. As the year wraps up and we begin planning for 2026, we are looking for ways to better serve our readers of this magazine and members of VMA. If you have any ideas or suggestions, I’d love to hear from you! But for now, happy fall and happy holidays to you and yours, and thanks for being here! land and waterways to allow for more exploration, increasing government revenue from leasing up to Œ„Ž billion in the next decade. The new bill also allows deductions for intangible drilling costs to be taken upfront instead of spreading over the life of the well, reducing taxable income and freeing funds for drilling operations costs. Numerous federal fees that were previously imposed on industry activities, including methane emissions, were also repealed. That’s a lot of detail and doesn’t even begin to scratch the surface of all that’s included in the bill. Specic to valve manufacturers and ow control companies, there also seems to be a lot of merger and acquisition activity happening right now. Industry News covers a number of high-prole transactions including Baker Hughes, Flowserve and Parker Hannin announcements from the last quarter. This is creating larger organizations that can better serve their customer base as one supplier and should benet end users. We will continue to keep you abreast of the biggest news as it happens on ValveMagazine.com and the pages of the print edition. Please reach out with any news you have to share or if you have ideas for things you’d like to see. Cheers! for refineries, extending the life of existing fossil-fueled plants and even repowering shuttered plants to get them back online. The Administration’s focus on driving American manufacturing on American soil also means increased reliance on U.S. foundries, as discussed in the article on page 10 . In our recent Market Outlook Workshop and at the VMA annual meeting, the power market and powering all the new investments was also restored. Additionally, interest expenses are now deductible in more capital-intensive businesses, helping to o set some of the higher interest rates of the last few years. In the energy sector, while many of the green energy credit incentive programs were phased out, oil and gas and coal-red energy producers will nd some benets. The Department of the Interior and Bureau of Land Management will now hold regular lease sales for

EDITORIAL ADVISORY BOARD EDITORIAL ADVISORY BOARD

STAFF Todd Luciano VICE PRESIDENT, FINISHING AND VALVE MEDIA STAFF Todd Luciano VICE PRESIDENT, FINISHING AND VALVE MEDIA Heather Gaynor EDITOR-IN-CHIEF Heather Gaynor EDITOR-IN-CHIEF Jann Bond MANAGING EDITOR Jodee McElfresh DIGITAL EDITOR Aimee Reilly ART DIRECTOR/ PRODUCTION MANAGER Chris Larkins ADVERTISING DIRECTOR Jann Bond MANAGING EDITOR Aimee Reilly ART DIRECTOR/ PRODUCTION MANAGER Chris Larkins ADVERTISING DIRECTOR NEW PRODUCTS, MEDIA AND INDUSTRY NEWS We welcome articles, proposals, manuscripts, photographs and ideas NEW PRODUCTS, MEDIA AND INDUSTRY NEWS We welcome articles, proposals, manuscripts, photographs and ideas from our readers. Heather Gaynor phone: 513-527-8808 email: hgaynor@gardnerweb.com Valve-Media.com ADVERTISING SALES Todd Luciano phone: 513-527-8809 email: tluciano@gardnerweb.com Statements of fact and opinion made are the responsibility of the authors alone and do not necessarily imply endorsement or agreement on the part of the officers or membership of VMA. Materials may not be reproduced in any form without written permission of VMA. from our readers. Heather Gaynor email: hgaynor@vma.org Valve-Media.com ADVERTISING SALES Heather Gaynor email: hgaynor@vma.org Valve-Media.com Statements of fact and opinion made are the responsibility of the authors alone and do not necessarily imply endorsement or agreement on the part of the officers or membership of VMA. Materials may not be reproduced in any form without written permission of VMA. EDITORIAL CONTACT EDITORIAL CONTACT

Don Bowers CONVAL, INC. Don Bowers CONVAL, INC. Jean Dockendorf DEZURIK, INC. Greg Johnson UNITED VALVE Gabe Salwan QUALITY VALVE Jean Dockendorf DEZURIK, INC. Gabe Salwan QUALITY VALVE

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VALVE MAGAZINE (ISSN No. 1057-2813) is the official magazine of the Valve Manufacturers Association of America (VMA) and is owned by VMA. Valve Magazine is mailed quarterly. Periodicals postage paid at Washington, DC, and at additional mailing offices. Valve Magazine is produced by Gardner Business Media on behalf of VMA. VALVE MAGAZINE (ISSN No. 1057-2813) is the official magazine of the Valve Manufacturers Association of America (VMA) and is owned by VMA. Valve Magazine is mailed quarterly. Periodicals postage paid at Washington, DC, and at additional mailing offices. Valve Magazine is produced by Gardner Business Media on behalf of VMA.

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CIRCULATION/SUBSCRIPTIONS Subscriptions are free to qualified subscribers in the United States and VMA members in Canada; non qualified subscribers in the United States, Canada and internationally may subscribe to the digital edition for free. Printed issues: $40 per year to unqualified readers in the United States and Canada; $60 per year for all subscribers outside the United States and Canada. email: valvesubscribe@vma.org phone: 513-527-8800 of VMA. CIRCULATION/SUBSCRIPTIONS Subscriptions are free to qualified subscribers in the United States and VMA members in Canada; non qualified subscribers in the United States, Canada and internationally may subscribe to the digital edition for free. Printed issues: $40 per year to unqualified readers in the United States and Canada; $60 per year for all subscribers outside the United States and Canada. email: valvesubscribe@vma.org phone: 513-527-8800

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