Company Profile
Velan Inc Basic Information, Manufacturing Base, Sales Area, and Competitors
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Sr. No. |
Item |
Description |
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1 |
Company Name |
Velan Inc |
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2 |
Website |
www.velan.com |
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3 |
Established Date |
1950 |
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4 |
Headquartered |
Montreal, Canada |
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5 |
Market Position/ History |
Founded in 1950, the company has grown to employ over 1,600 people globally, emphasizing innovation and quality in industrial valve manufacturing. Its strategic operations span approximately 70 countries. Velan designs, manufactures, and markets new and innovative valves with emphasis on quality, safety, ease of operation, and long service life. |
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6 |
Sales Area |
Worldwide |
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7 |
Manufacturing Location |
12 manufacturing plants worldwide, including facilities in Montreal and Granby, Canada; Williston, Vermont, USA; Lyon and Mennecy, France; Lucca, Italy; Ansan, South Korea; Taichung, Taiwan; Suzhou, China; and Coimbatore, India. |
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8 |
Ticker |
TSE: VLN |
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9 |
No. of Employees |
1,641 employees (As of February 29, 2024) |
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10 |
Competitors |
OMB Larsen & Toubro Limited AVK Holding A/S Valvitalia Schlumberger NV |
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11 |
CEO |
Mr. James Mannebach |
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12 |
Ownership Type |
Public |
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13 |
Contact Information |
7007 Cote de Liesse, Montreal, QC H4T 1G2, Canada Tel: +1 514 748 7743 |
Business Segment or Overview of Velan Inc
Velan operates across a variety of business segments, serving key industries such as nuclear power, oil and gas, refining, chemicals, pulp and paper, marine, mining, LNG and cryogenics, and water and wastewater. Velan provides a comprehensive range of valve solutions tailored to meet the specific needs and standards of each sector. With a strong commitment to addressing unique application requirements, Velan collaborates closely with customers to deliver effective solutions. Their diverse offerings include gate, globe, check, ball, triple-offset, and engineered severe service valves, alongside steam traps, ensuring reliable performance across all major industrial applications.
Industrial Valve Product Types Specification
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Product |
Product Description |
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Industrial Valves |
Velan provides one of the most extensive valve product lines available from any manufacturer. Whether for common applications or the most demanding environments, Velan has a solution. The company produces gate, globe, check, ball, triple offset, engineered severe service valves, and steam traps in sizes up to NPS 64 (DN 1600) and for services up to ASME Class 4500. These products feature unique designs for low fugitive emissions, easy in-line maintenance, and long service life. Product categories: Quarter-turn Valves Memoryseal ball valves VTP-2000 high performance three-piece ball valves Valvac general purpose ball valves Securaseal metal-seated ball valves Torqseal triple offset valves Velflex high performance cryogenic butterfly valves Coker ball valves Cap-Tight batch digester capping valves Gate, Globe, and Check Valves Pressure seal (forged and cast steel) valves Bolted bonnet high pressure valves (large forged) Cast steel (bolted bonnet) valves Cast stainless steel corrosion resistant valves API 602/B16.34 small forged valves Bonnetless valves Proquip dual-plate check valves RAMA easy maintenance valves for nuclear service Pilot-operated check valve Cryogenic Valves Cast steel cryogenic valves API 602 small forged cryogenic valves Torqseal cryogenic triple offset valves Velflex high performance cryogenic butterfly valves Memoryseal ball valves Cryogenic control valves HF Acid Valves Cast HF acid valves API 602 small forged HF acid valves Bellows Seal Valves Bellows seal bolted bonnet high pressure valves (large forged) Bellows seal cast steel valves (Bolted Bonnet) Bellows seal API 602 small forged valve |
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Profile Details
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Author Pratik Shirsath
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Published 04 May 2026
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Last Updated 04 May 2026
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Reading Time~5 minutes
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CoverageSWOT, Financials, Key Employees, History
Table of Contents
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- 1.1 About Velan Inc
- 1.2 Key Facts
- 1.3 Key Employees
- 1.3.1 Key Employee Biographies
- 1.4 History
- 1.5 Locations & Subsidiaries
- 1.5.1 Head Office
- 1.5.2 Other Locations & Subsidiaries
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- 2.1 Company Overview
- 2.2 Business Segments
- 2.3 R&D Overview
- 2.4 Brands
- 2.5 Key Company Statistics
- 2.6 Key Financials (2015–2019)
- 2.7 Share Holder Analysis
- 2.8 Regional Presence
- 2.9 Services Offered
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- 3.1 Strengths
- 3.2 Weaknesses
- 3.3 Opportunities
- 3.4 Threats
- 3.5 Key Competitors
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- 4.1 Company Metrics
- 4.2 Key Investors
- 4.3 Recent Funding & Valuation
- 4.4 Historical Funding & Valuation
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- 5.1 Acquisitions
- 5.2 Partnerships
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- 6.1 Latest News & Announcements
- 6.2 Strategic Initiatives
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- 7.1 Summary of Findings
- 7.2 Strategic Recommendations
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