April 9, 2010 The U.S. Department of the Treasury launched a $5 billion plan on Wednesday to help stabilize the status of auto suppliers in distress. According to the Ministry of Finance, the program will help secure domestic employment and provide GM and Chrysler with access to the necessary auto parts. According to the Wall Street Journal's Chinese website, although the U.S. Department of the Treasury will provide funds through its 700 billion U.S. dollar financial assistance fund, the decision is in the hands of Chrysler and General Motors. The Ministry of Finance stated that suppliers interested in participating in the program should directly contact Chrysler and General Motors. Treasury spokesman Jenni Engebretsen stated in an announcement released on Wednesday morning that the Ministry of Finance is pleased that GM and Chrysler are taking prompt actions to launch a supplier support program. With the financial support of the Ministry of Finance, these efforts will help stabilize the supply base of auto parts and restore the credit flow of this key industry. The plug valve is a closed or plunger-shaped rotary valve, which can be opened or closed by rotating 90 degrees to connect or separate the channel opening on the valve plug and the channel opening on the valve body. Plug Valve,Plug Gate Valve,Eccentric Plug Valve,Spherical Plug Valve Jiangsu Qiantu Trading Co., Ltd. , https://www.qiantupump.com
Its valve plug can be cylindrical or conical in shape. In cylindrical plugs, the passages are generally rectangular; in conical plugs, the passages are trapezoidal. These shapes allow for a lightweight construction of the plug valve. Best suited for switching off and on media and for diverting applications, but may also be used for throttling depending on the nature of the application and the erosion resistance of the sealing surfaces