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Successful manufacturing companies and distributors know the importance of a good ERP system. Without it, shipments suffer and profits fall. Part of keeping the ERP wheels greased, however, is staying current on software technology, as well as networking with industry peers.

Mitsui Seiki USA, Inc. announced that Scott Walker, long-time president, has accepted the position of chairman; Robb Hudson, former business and technology director, has been named chief executive officer; and William “Bill” Malanche, former executive vice president, has been appointed chief operating officer.

Despite falling oil prices, the investment valve in the oil and gas industry remains on—for now—as manufacturers continue their race to provide large, precision parts for fracking, subsea drilling and other related activities. But as anybody in the energy sector knows: this is the land of boom or bust.