Velan Inc. (TSX: VLN)
Canada flag Canada · Delayed Price · Currency is CAD
11.65
+0.04 (0.34%)
Nov 21, 2024, 10:32 AM EST

Velan Company Description

Velan Inc. designs, manufactures, and markets industrial valves worldwide.

The company offers quarter-turn valves, such as ball, high performance three-piece ball, general purpose ball, metal-seated ball, triple-offset, high performance cryogenic butterfly, coker ball, and cap-tight batch digester capping valves; and gate, globe, and check valves, including pressure seal, bolted bonnet high pressure, cast steel, cast stainless steel corrosion resistant, small forged, bonnetless, and dual-plate check valves, as well as maintenance valves for nuclear service.

It provides cryogenic valves comprising cast steel cryogenic, small forged cryogenic, cryogenic triple-offset, ball, and cryogenic control valves; cast and small forged hydrofluoric acid valves; bimetallic and thermodynamic steam traps; and bellows seal bolted bonnet high pressure, seal cast steel, and seal API small forged valves.

The company serves nuclear power, power, oil and gas, refining, chemical, pulp and paper, marine, mining, LNG and cryogenics, and water and wastewater industries.

It primarily sells its products through independent third-party distributors and sales agents. The company was formerly known as Velan Engineering Ltd. and changed its name to Velan Inc. in February 1981.

Velan Inc. was founded in 1950 and is headquartered in Montreal, Canada. Velan Inc. operates as a subsidiary of Velan Holding Co. Ltd.

Velan Inc.
Velan logo
Country Canada
Founded 1950
Industry Specialty Industrial Machinery
Sector Industrials
Employees 1,641
CEO James Mannebach

Contact Details

Address:
7007 Cote de Liesse
Montreal, QC H4T 1G2
Canada
Phone 514 748 7743
Website velan.com

Stock Details

Ticker Symbol VLN
Exchange Toronto Stock Exchange
Fiscal Year March - February
Reporting Currency USD
ISIN Number CA9229321083
SIC Code 3490

Key Executives

Name Position
James A. Mannebach BSBA, CPA, M.B.A. Chief Executive Officer and Chairman
Rishi Sharma Chief Financial and Administrative Officer
Sabine Bruckert Executive Vice President of Human Resources, General Counsel and Corporate Secretary
Bryant Holt Vice-President Sales and Global MRO
Duke Tran Executive Vice President, Product Innovation and Technology
A. Karel Velan Founder and Chairman Emeritus
Shane Velan Chief Information Officer
Daniel Velan Vice-President of Marketing
John D. Ball Executive Vice President of Global Finance
Laurent Pefferkorn Executive Vice-President and GM of Project - SBU