No coin nor oath required. For personal study only.
Baker Hughes acquires progressing cavity pumping system supplier Tanroc B aker Hughes Inc has bought the Canadian oilfield equipment and service supplier Tanroc.
Based in Lloydminster, Alberta, Canada, Tanroc mainly supplies progressing cavity pumping (PCP) systems and surface production equipment, including variable frequency drives for downhole pumping systems and wellhead drives. The Tanroc acquisition complements Baker Hughes' LIFTEQ line of progressing cavity pumping systems, and solidifies a service and repair footprint and direct distribution channel for Baker Hughes' progressing cavity pumping products in the Canadian market.
Since 2006, Tanroc has provided service, repair and distribution for PCP systems in Canada from its primary facility in Lloydminster and smaller service centres in Bonnyville and Wabasca, Alberta. Prior to its acquisition, Tanroc served as the Canadian distributor for Baker Hughes' LIFTEQ systems. "Tanroc's staff brings to Baker Hughes not only extremely valuable expertise in PCP equipment, but also a proven business model," said Mike Davis, president of Baker Hughes in Canada. "Both will be important keys to better serving our PCP customers in Canada, as well as in other markets.
๐ SIMILAR VOLUMES
is expanding production capacity of MICRO-AIRE filtration media by approximately 20% at its Wertheim, Germany facility. The expanded capacity will be fully available by September 2007. "This investment once again underscores the market-leading position of Johns Manville in the HVAC air filtration in