Hemiwedge Valve Corporation
Company web site...
Company IR Matt Flemming, CFO at 936-539-5770 or email: matt at hemiwedge dot com.*
Their valves are used in a variety of industries including gas, chemical, and nuclear. The cartridge valve can be maintained or replaced "in line" with out removal minimizing downtime and maintenance.
Hemiwedge Industries is a publicly-traded holding company that operates as a global supplier of engineered valve products. The Company distributes their proprietary valves through their Hemiwedge Valve Corporation (“HVC”) subsidiary. In its 60,000 square foot ISO 9001 and API Q1 approved facility in Conroe, Texas, the Company manufactures and markets worldwide a patented proprietary new valve technology known as the Hemiwedge® Cartridge Valve product line.
The Hemiwedge® Cartridge Valve is an innovative design that incorporates the positive features of ball, gate, plug, and high performance valves resulting in a mechanically sealing, tight shutoff valve with a simple operation that provides outstanding longevity and performance in a broad range of applications with virtually no maintenance.
HVC’s Hemiwedge® Cartridge Valve product line currently ranges in sizes from two inch to twenty inches, ANSI 150 to 1500 Class and is marketed in applications such as refining, mining, process, power, pipeline, mid-stream, and petro-chemical markets.
The revolutionary design of the Hemiwedge® Cartridge Valve
Preferred stock, $.001 par value, 10,000,000 shares authorized, no shares issued or outstanding
Common stock, $.001 par value, 50,000,000 shares authorized, ...as of April 7, 2009, 24,004,086 shares of our common stock were issued and outstanding.
Source: 10K filing: http://pinksheets.com/edgar/GetFilingHtml?FilingID=6543366
American Registrar and Transfer Co.
On October 8, 2008, Shumate Industries, Inc. (OTCBB:SHMT) sold the assets of Shumate Machine Works to American International Industries (NASDAQ:AMIN). The oilfield machining and manufacturing company, now renamed Shumate Energy Technologies, Inc., is now a wholly-owned subsidiary of American.
On February 19, 2009, Shumate Industries, Inc. completed its name change to Hemiwedge Industries, Inc. to better illustrate the company’s focus on its proprietary Hemiwedge valve technology.
Today, Hemiwedge Industries, Inc. is traded on the OTCBB: HWEG, and has one wholly-owned operating subsidiary, Hemiwedge Valve Corporation. Click below to go to Hemiwedge’s website.
Shumate Energy Technologies is a contract machining and manufacturing company focused in the
energy field services market. We manufacture products, parts, components, assemblies and sub-assemblies
for our customers designed to their specifications.
Shumate Energy Technologies was established in 1979. From day one, we have been dedicated to the pursuit of manufacturing and delivering a quality product, while striving to exceed our customer's expectations. We at Shumate Energy Technologies pride ourselves on the quality and service we deliver to our customers. Our core business revolves around our customer's needs for high precision and close tolerance machining. We are well versed in dealing with the unexpected situations that arise when processing exotic materials. We continuously strive to improve our processes on all exotic material requirements, as well as dealing with everyday materials such as aluminum, 300 series stainless, and carbon steel. We have increased our capabilities, and expertise to address the continuous demand for long tubular O.D. and I.D. product requirements. (i.e. deep bore machining up to 80" in an I.D. 8" or greater, 55" deep in an I.D. 5" or greater).
Shumate Energy Technologies follows strict daily operating procedures that each employee is required to follow. These basic, but critical principles are the foundation to our success with our customers. We have implemented E2, manufacturing control software to help us become more efficient. Shumate has also added a full time Quality Assurance department to constantly challenge us to higher levels of performance.
Our staff at present time is 50. The combined experience for the machinist within that staff is over 300 years. We pride ourselves in knowing we have the right people for the job. We perform subcontract as well as turnkey projects. We maintain a bank of qualified outside service companies that allow Shumate to offer a complete solution to our fortune 100 customer base.
Please take a moment and look through the following brief of our people and capabilities. Let's start working on building a great relationship! Thank you, for your time!
Doug Gamble - General Manager