BNET Industries

Velan Inc.

VLN is in the Manufacturing Industry

Last Fiscal Year Sales:$461.7M
  • Public
  • CA
Dow Jones Description

Industrial Valve Mfr for the Pulp & Paper Industry

Number of Employees 1,714
Contact Information

7007 Cote De Liesse

Montreal, Quebec H4T 1G2

www.velan.com

(514) 748-7743

NAICS Code Industrial Valve Manufacturing: 332911

Recent Events

  • Resource Stocks Continue To Lead TSX Higher - Canadian Commentary

    10/08/09 - Financial Announcement - View Story

  • Velan Inc. Reports its First Quarter 2009/10 Financial Results

    7/09/09 - Financial Announcement - View Story

News & Analysis

velan inc. - All News and Analysis

  • Velan Inc. Announces an Expansion of its Montreal Facilities

    - 2008-08-28

    Velan Inc. (TSX: VLN) announced today an important expansion of its three Montreal plants in Saint-Laurent, which will include additional plant facilities, machinery, and equipment to increase capacity, improve productivity and enhance the Company's R&D capabilities. The total cost of this project will be approximately $25 million over the next...

    Tags: Velan Inc.

  • A Specialty Leader in Steam Generation, by James D. Acers Company Incorporated, a Feature of "Industry Today" on Industrialinfo.com

    - 2008-08-18

    Industrial Info Resources (Sugar Land, Texas) will host James D. Acers Company as its special guest today as part of this week's "Industry Today" webcast. The James D. Acers Company specializes in evaluating and improving all components of steam generation and distribution systems for industrial and institutional steam systems. The...

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  • Velan Inc. Announces Proposed Sale of Its Jointly Held Italian Company

    - 2008-06-30

    Velan Inc. (TSX: VLN) announced that it has entered into a definitive agreement with BPS S.r.l. ("BPS") for the sale of its 50% interest in Velan S.r.l. ("SRL"). The sale is subject to customary closing conditions including the securing of financing. BPS has agreed to pay $44,068,293 (27,650,000 Euros)...

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  • Velan Inc. Reports its 3rd Quarter 2007/2008 Financial Results

    - 2008-04-09

    Velan Inc. (TSX: VLN) Revenues for the third quarter reached $116.3 million, a record level for the third quarter sales. This is a 19.0% increase over the same quarter last year when the company recorded sales of $97.7 million. Net earnings for the quarter of $4.1 million, or $0.18...

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  • VELAN Inc.: Announcement

    - 2008-04-01

    Velan Inc. (TSX: VLN) today announced that on Wednesday, April 9, 2008, it will release financial results for its third quarter ended February 29, 2008. The company will hold an analyst call on April 9, 2008 at 4:30 p.m. Eastern Daylight Time to discuss the results. The call may...

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  • VELAN Inc.: Announcement.

    - 2008-04-01

    MONTREAL, QUEBEC, Apr 1, 2008 Marketwire via COMTEX -- Velan Inc. (TSX:VLN) today announced that on Wednesday, April 9, 2008, it will release financial results for its third quarter ended February 29, 2008. The company will hold an analyst call on April 9, 2008 at...

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  • Velan Inc. Reports its 2nd Quarter 2007/2008 Financial Results

    - 2008-01-08

    Velan Inc. (TSX: VLN) - Revenues for the second quarter reached $120.9 million, a 19.1% increase over the same quarter last year when the company recorded sales of $101.5 million. The increased sales were attributable mainly to our Italian and North American and French operations. The net loss for the...

    Tags: Company, Velan Inc.

  • Velan Inc. Reports its 2nd Quarter 2007/2008 Financial Results.(Company overview)

    - 2008-01-08

    MONTREAL, QUEBEC, Jan 8, 2008 Marketwire via COMTEX -- Velan Inc. (TSX:VLN) - Revenues for the second quarter reached $120.9 million, a 19.1% increase over the same quarter last year when the company recorded sales of $101.5 million. The increased sales were attributable mainly to our...

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  • Velan Inc.: Announcement

    - 2007-12-21

    Velan Inc. (TSX: VLN) today announced that on Tuesday, January 8, 2008, it will release financial results for its second quarter ended November 30, 2007. The company will hold an analyst call on January 8, 2008 at 4:30 p.m. Eastern Daylight Time to discuss the results. The call may...

    Tags: Velan Inc.

  • Velan Inc.: Announcement.

    - 2007-12-21

    MONTREAL, QUEBEC, Dec 21, 2007 Marketwire via COMTEX -- Velan Inc. (TSX:VLN) today announced that on Tuesday, January 8, 2008, it will release financial results for its second quarter ended November 30, 2007. The company will hold an analyst call on January 8, 2008...

    Tags: Velan Inc.

Decision Makers

Name (plus bio) Position
Andrea K. Velan CEO
Tom C. Velan President
Brian Hannah Interim CFO & Vice President, Finance
J.D. Ball Cfo
John Ball CFO
Rana Bose Executive Vice President, Engineering
S. Cherlet Executive Vice President, Operations
A. Lesinski Vice President, Engineering
A. Smith Vice President
Andy Smith Vice President, Procurement & Overseas Manufacturing
C. Pogue Vice President
E. Francois Vice President
G. Perez Vice President, Marketing
G. Zarifah Vice President
Gil Perez Vice President, Marketing
M. Zivic Vice President, Intl Sales
P. Dion Vice President
P. Lee Vice President
R. Sargent Vice President, Intl Marketing
Ralph Sargent Vice President, Marketing, Intl
S. Bruckert General Counsel, Secretary, Vice President & Hr
V. Hannah Vice President & Finance
Daniel Velan Manager
Don Bowers Product Sales Manager
John Leduc Product Sales Manager

Board of Directors

Name (plus bio) Position
Ivan Velan Chairman
Anna Martini Board of Directors
G. Jellinek Board of Directors
I.C. Velan Chairman & Executive Vice President
K. Mackinnon Board of Directors
M. Vineberg Board of Directors
W. Sheffield Board of Directors
William Sheffield Board of Directors

Organization Position Status
Velan Inc. CEO Current
Velan Inc. Board of Directors Current

Organization Position Status
Velan Inc. President Current
Velan Inc. Board of Directors Current

Organization Position Status
Velan Inc. Interim CFO & Vice President, Finance Current

Organization Position Status
Velan Inc. Cfo Current

Organization Position Status
Velan Inc. CFO Current

Organization Position Status
Velan Inc. Executive Vice President, Engineering Current

Organization Position Status
Velan Inc. Executive Vice President, Operations Current

Organization Position Status
Velan Inc. Vice President, Engineering Current

Organization Position Status
Velan Inc. Vice President Current

Organization Position Status
Velan Inc. Vice President, Procurement & Overseas Manufacturing Current

Organization Position Status
Velan Inc. Vice President Current

Organization Position Status
Velan Inc. Vice President Current

Organization Position Status
Velan Inc. Vice President, Marketing Current

Organization Position Status
Velan Inc. Vice President Current

Organization Position Status
Velan Inc. Vice President, Marketing Current

Organization Position Status
Velan Inc. Vice President, Intl Sales Current

Organization Position Status
Velan Inc. Vice President Current

Organization Position Status
Velan Inc. Vice President Current

Organization Position Status
Velan Inc. Vice President, Intl Marketing Current

Organization Position Status
Velan Inc. Vice President, Marketing, Intl Current

Organization Position Status
Velan Inc. General Counsel, Secretary, Vice President & Hr Current

Organization Position Status
Velan Inc. Vice President & Finance Current

Organization Position Status
Velan Inc. Manager Current

Organization Position Status
Velan Inc. Product Sales Manager Current

Organization Position Status
Velan Inc. Product Sales Manager Current

Organization Position Status
Velan Inc. Chairman Current

Organization Position Status
Velan Inc. Board of Directors Current

Organization Position Status
Velan Inc. Board of Directors Current

Organization Position Status
Velan Inc. Chairman & Executive Vice President Current
Velan Inc. Board of Directors Former

Organization Position Status
Velan Inc. Board of Directors Current

Organization Position Status
Velan Inc. Board of Directors Current

Organization Position Status
Velan Inc. Board of Directors Current

Organization Position Status
Envelope Alliance Master Current
Ontario Power Generation, Inc. * Current
Canada Post Corporation Board of Directors Current
Ontario Power Generation, Inc. Board of Directors Current
Royal Group Technologies Board of Directors Current
Houston Wire & Cable Company Director Current
Velan Inc. Board of Directors Current
Cable Com Inc. Board Member Current
Corby Distilleries Ltd. Board Member Current
Abitibi-Consolidated, Inc. Executive Vice President of International Operations and Corporate Development Former
U.S. Steel Canada Former
McMaster University M.B.A. Former
Carleton University B.Sc. in Chemistry Former
Institute, Inc Former

Executive News

  • UPDATE 1-Canada's Velan Q3 profit jumps

    Reuters - 5/19/09 - View Story

  • Velan Inc.: Velan Inc. Reports its Third Quarter and Nine Month Fiscal Year Results

    Market Wire - 5/19/09 - View Story

  • Velan earns $16.2-million in Q3 fiscal 2008

    Stockwatch - 5/19/09 - View Story

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VLN $53.71 +0.56 (1.05% )
Volume 146,861
Shares Outstanding 0.
Market Cap 0.
Year High 56.57
Year Low 21.53
Earnings Per Share -3.96
P/E Ratio N/A
Dividend 0.661432
Yield 1.2315
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