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Velan Inc. (VLN)

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5.52 -0.12 -2.13%

10:53:23 - Real-time Data. Currency in CAD ( Disclaimer )

Type: Equity

Market: Canada

Volume: 100
Bid/Ask: 5.52 / 5.77
Day's Range: 5.52 - 5.52

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Velan Inc. Company Profile

Get an in-depth profile of Velan Inc., including a general overview of the company's business and key management, as well as employee data and location and contact information.

IndustryMachinery, Tools, Heavy Vehicles, Trains & Ships

SectorIndustrials

Employees

1630

Equity Type

ORD

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 also 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.

Contact Information

Address 7007 Cote de Liesse
Montreal, H4T 1G2
Canada

Phone 514-748-7743

Fax 514-748-8635

Web www.velan.com

Top Executives

Name	Age	Since	Title
Ivan C. Velan	78	2003	Director
Peter O. Velan	76	2022	Director
Thomas C. Velan	71	1976	Director
A. Karel Velan	-	1952	Founder and Chairman Emeritus
Dahra Granovsky	53	2019	Independent Director
Robert Velan	52	2013	Vice Chairman
Suzanne Blanchet	66	2021	Independent Director
Edward Hume Kernaghan	52	2021	Independent Director
James A. Mannebach	64	2018	CEO & Chairman

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VLN Comments

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Pierre Re Apr 01, 2024 5:42PM ET

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Some volume and increased activity !

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Pierre Re Oct 09, 2023 10:52AM ET

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Back to square one.

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Pierre Re Aug 15, 2023 4:37PM ET

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deal or no deal !

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Pierre Re Aug 03, 2023 9:37AM ET

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bought some around $10.

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Pierre Re Feb 10, 2023 9:55AM ET

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sold fot $13 all cash deal !

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Pierre Re Dec 31, 2022 9:22AM ET

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2023 will be a year of decisions. Privatize or not ?

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Pierre Re Jan 20, 2022 4:43PM ET

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Something good is coming ?

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Pierre Re Jan 13, 2022 5:28PM ET

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Go back to being a private company.

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Pierre Re Mar 22, 2021 12:45PM ET

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doing very well.

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Pierre Re Nov 02, 2020 4:27PM ET

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Pure play for a closing of capital. Dorel just did that same operation.

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