Mr. Allen has 30 years experience in various engineering, technical marketing and management positions in the valve industry, mostly with Orbit® Valve Company, a division within Cameron International and Cameron Valves and Measurements. His extensive experience in product development, applications engineering, and project management will be a key part in Shumate Industries' development and launch of the Hemiwedge® valve technology. His key contributions to Orbit® and Cameron have been the expansion of the Orbit® product line and development of new markets and applications. Mr. Allen has also participated in the development of valve standards through involvement in both API and NACE standards committees, and is regarded as one of the industry's leading technologists in valve automation. Mr. Allen, a registered professional engineer in Arkansas, holds a BS degree in Physics and Math from Ouachita Baptist University and an MS in Engineering from the University of Arkansas.
The Company believes that its unique Hemiwedge® Valve design is advanced technology that offers better performance and lower maintenance costs in a wide range of applications. Mr. Allen's expertise will be utilized to guide the market deployment of the Hemiwedge® Valve while targeting other unique high margin opportunities for the Hemiwedge® technology in other related markets.
Stan Allen commented, "The Hemiwedge® Valve design introduces a concept that, with continued development, will undoubtedly address some of the oil and gas industries most challenging valve demands. And the opportunities in the chemical, petrochemical, mining, and power industries are limitless. I am excited to be a part of a proven and talented team taking a breakthrough technology to the market. The superior performance of the Hemiwedge® design in specific applications will speak for itself, resulting in a long-term impact on the market."
Ken Chickering, President of HVC and former Chairman of the Valve Manufacturers Association, stated, "Stan's reputation in the market adds great credibility to our technology during its early stages of launch. He will bring significant experience to our company and help accelerate its growth."
Shumate Industries, Inc. is a Texas-based energy field services company that incorporates new technologies to bring products to market leveraging its existing infrastructure, expertise and customer channels. The Company operates through two wholly owned subsidiaries, 1.) Shumate Machine Works, a contract machining and manufacturing division, and 2.) Hemiwedge Valve Corporation, a proprietary new valve technology that targets mid-stream process and flow control markets with its Hemiwedge® Cartridge valve product line, sub-sea via a pending licensing deal for Hemiwedge® sub-sea high pressure valve product line, and Hemiwedge® down-hole valves under development for managed pressure drilling applications. For additional information on the Company and its products please visit www.shumateinc.com
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