Canada
· Delayed Price · Currency is CAD 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.
| Country | Canada |
| Founded | 1950 |
| Industry | Specialty Industrial Machinery |
| Sector | Industrials |
| Employees | 1,654 |
| 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 |
| Duke Tran | Executive Vice President and GM of Severe Service |
| Bryant Holt | Executive Vice-President and GM - MRO |
| A. Karel Velan | Founder and Chairman Emeritus |
| Shane Velan | Chief Information Officer |
| Daniel Velan | Vice-President of Marketing |
| Paul Dion | Senior Vice-President of Sales, Process Industries |
| John D. Ball | Executive Vice President of Global Finance |