Latest Angelina County, Texas Stories
LUFKIN, Texas, Feb. 9, 2012 /PRNewswire/ -- Lufkin Industries, Inc. (NASDAQ: LUFK) announced today that the Board of Directors has declared a first quarter cash dividend of $0.125 per share on its common stock. The dividend will be paid on March 9, 2012, to shareholders of record on March 1, 2012. Lufkin Industries, Inc. is a global provider of artificial lift products, services and automation solutions for the oil and gas industry, including beam pumping, gas lift and plunger...
LUFKIN, Texas, Jan. 19, 2012 /PRNewswire/ -- Lufkin Industries, Inc. (NASDAQ: LUFK) today announced that it will release its fourth quarter 2011 financial results before the market opens on Thursday, February 9. In conjunction with the release, Lufkin has scheduled a conference call that will be broadcast live over the Internet the same day starting at 10:00 a.m. Eastern Time (9:00 a.m. Central Time). Investors may participate in the call either by phone or audio webcast. By...
LUFKIN, Texas, Dec. 1, 2011 /PRNewswire/ -- Lufkin Industries, Inc. (Nasdaq: LUFK) announced today the completion of its previously announced acquisition of substantially all of the assets of Quinn's Oilfield Supply Ltd., including certain affiliates ("Quinn's"), for $311 million in cash after closing adjustments. Quinn's, based in Red Deer, Alberta, Canada, is one of the largest reciprocating rod pump manufacturers in North America and also manufactures and distributes progressive cavity...
LUFKIN, Texas, Nov. 22, 2011 /PRNewswire/ -- Lufkin Industries, Inc. (Nasdaq: LUFK) announced today that the company will be presenting at the First Annual Dahlman Rose & Company Ultimate Oil Services & Drilling Conference to be held in New York City, November 29 - 30, 2011. John F. "Jay" Glick, president and chief executive officer, is scheduled to present on Tuesday, November 29, at 2:20 p.m. Eastern Time. A copy of the presentation will be available in the...
LUFKIN, Texas, Oct. 2, 2011 /PRNewswire/ -- Lufkin Industries, Inc. (Nasdaq: LUFK) today announced that it has reached a new labor agreement with the three unions representing the hourly work force at its Lufkin, Texas manufacturing facilities. The new three-year agreement expires in October 2014. John F. "Jay" Glick, President and Chief Executive Officer of Lufkin, stated, "We're pleased with the outcome of these negotiations. Our focus was on ensuring competitive wages and benefits...
LUFKIN, Texas, Sept. 28, 2011 /PRNewswire/ -- Lufkin Industries, Inc. (Nasdaq: LUFK) announced today that the company will be presenting at the 2011 Johnson Rice Energy Conference to be held in New Orleans, Louisiana, October 3-6. Christopher L. Boone, vice president and chief financial officer, is scheduled to present on Wednesday, October 5, at 9:00 a.m. Central Time. A copy of the presentation will be available in the Investor Relations section of Lufkin's website at www.lufkin.com....
LUFKIN, Texas, Sept. 28, 2011 /PRNewswire/ -- Lufkin Industries, Inc. (NASDAQ: LUFK) today announced that it will release its third quarter 2011 financial results before the market opens on Wednesday, October 19. In conjunction with the release, Lufkin has scheduled a conference call that will be broadcast live over the Internet the same day starting at 10:00 a.m. Eastern Time (9:00 a.m. Central Time). Lufkin Industries Third Quarter 2011 Earnings Conference What:...
LUFKIN, Texas, Sept. 19, 2011 /PRNewswire/ -- Lufkin Industries, Inc. (NASDAQ: LUFK) today announced that C. D. "Bud" Hay has been named Vice President and General Manager of the Company's Power Transmission Division, responsible for all manufacturing, sales, service and engineering operations worldwide, effective September 23, 2011. As previously disclosed, the Company's current Vice President and General Manager of Power Transmission, Terry Orr, will retire at the end of 2011. Until that...
LUFKIN, Texas, Sept. 6, 2011 /PRNewswire/ -- Lufkin Industries, Inc. (NASDAQ: LUFK) announced today that it has signed an Asset Purchase Agreement to acquire substantially all of the assets of Quinn's Oilfield Supply Ltd., including certain affiliates ("Quinn's"), for approximately $303 million in cash subject to certain adjustments. Quinn's, based in Red Deer, Alberta, Canada, is one of the largest reciprocating rod pump manufacturers in North America and, through its acquisition of GrenCo...
LUFKIN, Texas, Sept. 1, 2011 /PRNewswire/ -- Lufkin Industries, Inc. (NASDAQ: LUFK) announced today the completion of its previously announced acquisition of Pentagon Optimization Services, Inc ("Pentagon"). Pentagon, based in Red Deer, Alberta, Canada is a diversified well optimization company serving the oil and gas industry that provides a wide range of products and services including plunger lift systems and well engineering and testing. Lufkin Industries, Inc. sells and services...
