Lufkin Industries Inc

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(Lufkin Industries jumping into Marcellus shale with gas lift systems)
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-Lufkin, Texas-based '''NASDAQ GS''' (NASDAQ GS: LUFK) is a supplier of oil field equipment and power transmission products. It was announced in March, 2009 that it had acquired ''International Lift Systems LLC'' (ILS), a supplier of gas lift systems. +Lufkin, Texas-based '''Lufkin Industries Inc''' (NASDAQ GS: LUFK) is a supplier of oil field equipment and power transmission products. It was announced in March, 2009 that it had acquired ''International Lift Systems LLC'' (ILS), a supplier of gas lift systems.
A July, 2009 update from the company indicated that it will be pursuing business opportunities in [[Marcellus shale]] development through its ILS acquisition. A July, 2009 update from the company indicated that it will be pursuing business opportunities in [[Marcellus shale]] development through its ILS acquisition.

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Lufkin, Texas-based Lufkin Industries Inc (NASDAQ GS: LUFK) is a supplier of oil field equipment and power transmission products. It was announced in March, 2009 that it had acquired International Lift Systems LLC (ILS), a supplier of gas lift systems.

A July, 2009 update from the company indicated that it will be pursuing business opportunities in Marcellus shale development through its ILS acquisition.

  • John F. "Jay" Glick is Lufkin's President and CEO.
  • Christopher L. Boone is CFO.
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