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State of the PVF Industry

from Supply House Times

From Sept. 3: The industrial PVF industry is in the midst of a rough patch. And the usual culprit is driving the bus. "The price of oil drives everything else," says Michael Taylor, president of Long Beach, California-based Columbia Specialty Co. "The oil industry has become really good at boom and bust. When the bust comes, it triggers action quickly. In a snap of a finger thousands of people get laid off and capital projects get cut. When the price of oil goes down to a certain point, everything gets shut off and things get slashed and the PVF industry gets caught in a big part of that." Taylor was one of four industrial PVF executives who took part in a recent Supply House Times interview in Oak Brook, Illinois, following a meeting of the American Supply Association's Industrial Piping Division Executive Council. Taylor was joined by fellow council members Brian Tuohey (Collins Pipe & Supply), Kip Miller (Eastern Industrial Supplies) and Bill Zielinski (Chicago Tube & Iron). more

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