Velan Inc. (VLN.TO) TSX

15.81

+0.05(+0.32%)

Updated at October 03 11:55AM

Currency In CAD

Velan Inc.

Address

7007 Cote de Liesse

Montreal, QC H4T 1G2

Canada

Phone

15147487743

Sector

Industrials

Industry

Industrial - Machinery

Employees

1617

First IPO Date

June 03, 1998

Key Executives

NameTitlePayYear Born
Mr. James A. Mannebach BSBA, CPA, M.B.A.Chief Executive Officer & Chairman1.06M1960
Mr. A. Karel VelanFounder & Chairman Emeritus338,190N/A
Ms. Sabine BruckertExecutive Vice President of Human Resources, General Counsel & Corporate Secretary443,512N/A
Mr. Bryant HoltVice-President Sales & Global MRO447,426N/A
Mr. Duke TranExecutive Vice President, Product Innovation and Technology496,133N/A
Mr. John D. BallExecutive Vice President of Global Finance556,837N/A
Mr. Rishi SharmaChief Financial & Administrative Officer701,468N/A
Mr. Daniel VelanVice-President of Marketing0N/A
Mr. Shane VelanChief Information Officer0N/A
Laurent PefferkornExecutive Vice-President & GM of Project - SBU0N/A

Description

Velan Inc. designs, manufactures, and markets industrial valves worldwide. It offers cryogenic valves comprising cast steel cryogenic, small forged cryogenic, cryogenic triple-offset, memoryseal ball, and cryogenic control valves; gate, globe, and check valves, including pressure seal, cast steel, small forged, dual-plate check, bolted bonnet high pressure, cast stainless steel corrosion resistant, bonnetless, and knife gate valves, as well as maintenance valves for nuclear service; and quarter-turn valves, such as ball, metal-seated ball, high performance three-piece ball, general purpose ball, triple-offset, high performance cryogenic butterfly, coker ball, and cap-tight batch digester capping valves. The company also provides cast and small forged hydrofluoric acid valves; and bellows seal bolted bonnet high pressure, seal cast steel, and seal API small forged valves. In addition, it offers bimetallic and thermodynamic steam traps. The company serves nuclear power, power, oil and gas, refining, chemical, pulp and paper, marine, mining, LNG and cryogenics, and water and wastewater sectors. 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 Montréal, Canada.