Lufkin Industries Company Description
Lufkin Industries is all geared up to help pump oil. Through its Oil Field division the company manufactures and services pumping units, automation equipment, and foundry castings. It also provides computer control equipment and analytical services used to maximize well efficiency. Through its Power Transmission unit, Lufkin manufactures and services gearboxes used in large-scale industrial applications. It has expanded its product offerings through the acquisition of Basin Technical Services. Lufkin has strengthened its presence in Canada through the acquisition of D&R Oilfield Services.
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The Company Description provides a historical perspective of Lufkin Industries's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Lufkin Industries's evolution in the marketplace.
