Trade or wholesaler magazine can help your business identify wholesale suppliers. They advertise a wide range of products while providing statistical information on market trends. Furthermore, some publications even compare wholesale prices.
Networking with local competitors can also provide invaluable information regarding product availability and pricing. Look out for industry groups or chambers of commerce in your region for networking opportunities.
PVF Hall of Fame Awards
The PVF Roundtable recently unveiled the winners of its 2018 Hall of Fame awards, an initiative intended to recognize those who have made substantial contributions to the pipe, valve and fitting industries. Nominations and reviews conducted through Supply House Times as well as industry stakeholders determine inductees into this esteemed club.
AD PVF affiliate member Puget Sound Pipe & Supply was featured in The Wholesaler magazine to commemorate their recent induction into the PVF Hall of Fame. Established in 1912 and still family-run today, their legacy lives on through new leadership at this company founded nearly 110 years ago.
Puget Sound prides itself on their long history in the industry as well as their dedication to customer service and innovation. This article showcased their special approach of building relationships with customers while meeting their specific needs through tailored solutions.
The Passenger Vessel Foundation (PVF) recently reached the $100K fundraising mark. As a non-profit charitable foundation dedicated to fostering professionalism and opportunity within maritime industries by awarding scholarship grants for education; marine crew training; research; as well as programs that improve safety on U.S. domestic passenger vessels, this non-profit charitable foundation is now well on its way toward its goal.
The PVF Roundtable’s Annual Golf Tournament took place this month in Sugarland, Texas and raised money for their Scholarship fund – which provides scholarships for students enrolled in industrial distribution/engineering departments at both Texas A&M University and University of Houston. Texas Pipe & Supply generously sponsored two foursome teams at this year’s tournament!
PVF Industry News
This report offers a thorough examination of the Polyvinyl Fluoride(PVF) market, covering trends and opportunities across its global regions. It highlights key market drivers as well as effective strategies to mitigate risk and achieve sustained growth within an increasingly competitive business environment. Furthermore, this analysis details forecasted demand for Polyvinyl Fluoride(PVF).
Industrial spending on PVF projects could rebound after two consecutive years of decline, according to a new forecast from Christopher Mason of NIBCO’s supply chain services division. Mason expects this increase is driven by data centers and telecom facilities expansion; semiconductor manufacturing expansion; electric vehicle production; health care facility construction projects with long construction cycles and other industries with similar long-term needs; labor availability issues as well as rising energy costs likely leading to greater interest in sustainable, energy-efficient system designs that facilitate future serviceability of products containing push connections that facilitate future serviceability of products with push connections that enable future serviceability of future serviceability of future serviceability of future maintenance contracts.
ASA recently honored distributors who demonstrated leadership and commitment to employee safety within their organizations and communities with its 2019 ASA Safety Awards, selected based on OSHA lost work data for 2019 by its Safety Committee. Repeat winners included NIBCO and Anvil; both received this honor at last year’s Elevate2019 in Savannah as well as during NETWORK2020 Virtual event ceremonies.
PVF Industry Trends
Recent trends within the PVF industry are having an effect on its market, including an increasing use of press and push connections in fittings as well as an increase in sustainable, energy-efficient systems. Mason notes the necessity for the industry to address labor shortages as a major hurdle going forward.
He foresees that companies will continue investing in multifunctional products, like push-to-connect technology that facilitates faster and safer installation, as well as solutions designed to minimize maintenance. Finally, companies may work to meet customer demand for reduced costs and increased productivity by developing solutions with reduced maintenance requirements.
Fuel price fluctuations and energy cost changes could wreak havoc with PVF distributors’ profitability, leading them to focus on supply chain efficiency to lower operating expenses and increase margins.
Armstrong believes the next generation of engineers and tradesmen are crucial to the industry, and points to PVF Roundtable’s “Stock the Pantry” fund as one means of supporting schools that offer trade-related programs. He emphasizes the need to promote the industry so as to attract young people – something he plans on discussing at Valve World Americas Expo & Conference this October.
PVF Industry Updates
As the global economy continues to advance, demand for PVDF and PVF films continues to skyrocket. These materials are well known for their versatile applications, resistance to harsh environments, and exceptional properties; all which play key roles in chemical processing industries – with further innovation anticipated driving future expansion.
Mason noted other trends influencing the PVF industry such as sustainable and energy-efficient system designs as well as products combining multiple features into a single solution. Companies are also increasingly adopting press and push connection technologies in their fittings and valves which reduce installation times and costs significantly.
Climate change has a substantial impact on the industry. Rising temperatures and more frequent extreme weather events have necessitated infrastructure upgrades to better withstand these conditions, prompting an increase in demand for PVF products that provide corrosion resistance and can withstand greater temperature variations.
Other potential drivers for future growth in the PVF industry could include:
- Rising price pressures from inflation,
- Raw material and
- Freight price increases and global trade tension.
Legend also notes the difficulty associated with finding qualified workers and an inadequate investment in vocational/technical schools to promote the industry; but notes that the PVF Roundtable has worked with schools to provide scholarships to encourage them into these professions.