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Velan Inc
- Ivan Velan
Mr. Ivan Velan joined the Corporation in early January 1970 soon after receiving an MBA from University of Michigan. He has had a 50-year business career in the valve business, all at the Corporation, serving in various management positions including Marketing Manager, VP Sales - North American Market, and Executive Vice President reporting to the then-CEO, Tom Velan. Until December 2019, he was Special Advisor to President and CEO, Yves Leduc. During his employment, Mr. Velan implemented the establishment and rework of the USA and Canadian distributor and agent networks as well as the introduction of three Distribution Centers in the United States. He served on the Corporation’s Board of Directors from mid 1970 until mid 2010, including about 5 years as Chairman. He was the representative to the US/CAN Valve Manufacturers Association from 1980, joining the Board there a few years later and was Chairman in 2013-14. He has also served for many years in the past on Boards at Concordia University, Montreal General Hospital Foundation, and Lower Canada College, all in Montreal.
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Velan Inc
Velan Inc. designs, manufactures and markets a range of industrial valves for use in various industry applications across the world, including power generation, oil and gas, refining and petrochemicals, chemical, liquid natural gas (LNG) and cryogenics, pulp and paper, geothermal processes and shipbuilding. The Company produces steel industrial valves operating approximately 15 manufacturing plants across the world. The Company has operations in geographies, including Canada, the United States, France, Italy and Other. The Company's North American operations comprise approximately four manufacturing plants and a distribution facility in Canada, as well as a manufacturing plant and over three distribution facilities in the United States. The Company's overseas operations include manufacturing plants in France, Italy, Portugal, the United Kingdom, Korea, Taiwan, India and China. The Company's operations also include a distribution facility in Germany and over 50% owned Korean foundry.
