Company

Velan Inc.

Headquarters: Montreal, QC, Canada

Employees: 1,719

CEO: Mr. Bruno Carbonaro

TSX: VLN +0.51%

Market Cap

C$112.9 Million

CAD as of Jan. 1, 2024

US$85.2 Million

Market Cap History

Velan Inc. market capitalization over time

Evolution of Velan Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Velan Inc.

Detailed Description

Velan Inc. designs, manufactures, and markets industrial valves worldwide. It offers cryogenic valves comprising cast steel cryogenic, small forged cryogenic, cryogenic triple-offset, 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, forged ball, power 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.

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Stocks & Indices

Velan Inc. has the following listings and related stock indices.


Stock: TSX: VLN wb_incandescent

Stock: FSX: 946 wb_incandescent

Stock: OTC: VLNSF wb_incandescent

Details

Headquarters:

7007 Cote de Liesse

Montreal, QC H4T 1G2

Canada

Phone: 514 748 7743

Fax: 514 748 8635