Neway Valve Overview
Company Headquarters: China
Founded: 1997
Workforce: ~4,762
Company Working: Neway Valve is one of leading valve manufacturers in the advanced valve manufacturing industry. It manufactures various valves such as gate, globe, check, ball, butterfly, nuclear, subsea, control, and safety valve & wellhead equipment, which are used in end-use verticals including oil & gas, offshore, chemical, power, nuclear, mining, and air separation industry. It operates in three business segments, namely, valve manufacturing business, and brass manufacturing business. Under its valve manufacturing business, The company offers a range of products and integrated solutions related to industrial valves. Furthermore, it sells materials and processed components used in consumer electronics, precision devices, automobiles, building construction, and other applications.
The company has 5 subsidiaries namely, Neway Valve International, Inc. (US), Neway Valve B.V. (the Netherlands), Neway Valve s.r.l. (Italy), Neway Valve Pte. Ltd. (Singapore), and Neway Flow Control DMCC. (Dubai). It has 14 service units, across the globe.
Strategy
Neway Valve is focused on after-sales services and the development of new products within the industrial valve market. It evaluates its long-term trends, sustainability and goals to attain the untapped potential of the market. The company strategizes to take advantage of the market dynamics, exploring strengths & competencies and leveraging them to hold a major share of the industrial valve market.
