Hemiwedge Valve Corp Signs Distribution Representation Agreement With Sunbelt Supply for Hemiwedge Cartridge Valve Product Line
“We are pleased to offer the Hemiwedge(R) Cartridge valve technology to our target customers,” said
The Hemiwedge(R) Cartridge valve technology is an innovative design that incorporates the positive features of ball, gate, plug and high performance valves resulting in a mechanically sealing, tight shutoff valve with a simple operation that provides outstanding longevity and performance in a broad range of applications with minimal maintenance. The proprietary Hemiwedge(R) Cartridge technology encases all the internals of the valve within the Cartridge and allows in-line replacements, significantly reducing down-time and supply disruption, especially in higher maintenance service applications containing entrained solids such as line scale, sand and debris.
HVC’s current product line includes two inch to twelve inch valves and custom sizes of up to twenty inch, pressure classes from ANSI 150 to 1500 Class and API 6D monogrammed applications. Multiple trim internal packages are available and metal-to-metal seals for severe service applications are available with timely deliveries.
About Sunbelt Supply Co.
Sunbelt Supply is a world leader in the supply and distribution of manual and automated valve products and accessories serving the oil and gas, refining, petrochemical, power, industrial, pharmaceutical, process, marine and offshore industries. With 30 years of experience, combined with a comprehensive, high-quality inventory, Sunbelt Supply excels in providing its customers with consistent superior products and service they have come to rely on and expect.
About Shumate Industries, Inc.
Shumate is a publicly-traded holding company that operates as a global supplier of engineered valve products through its Hemiwedge Valve Corporation (“HVC”) subsidiary. In its 60,000 square foot ISO 9001 and API Q1 approved facility in
Forward-Looking Statements
This document contains discussion of items that may constitute forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although the Company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ from expectations include, but are not limited to, customer concentration risk, difficulties in refinancing or restructuring its debt, difficulties in accelerating internal sales growth, volatility of the energy business and its effects on the Company’s business, difficulties in new technology acceptance within the energy and process industries, restrictive covenants in our existing credit facilities, fluctuations in metals prices, political and economic global supply chain risk, general economic conditions in markets in which we do business, extensive environmental and workplace regulation by federal and state agencies and other general risks related to its common stock, and other uncertainties and business issues that are detailed in its filings with the Securities and Exchange Commission. All information provided in this release and in the attachments is as of
SOURCE Shumate Industries, Inc.
