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US Lufkin finalises 130 mln euros Romanian plant
ReutersBUCHAREST, June 11 (Reuters) - Texas-based oilfield pump maker Lufkin Industries Inc finalised its 130 million euros investment in a Romanian oil equipment plant, business paper Ziarul Financiar said on Tuesday. It said the plant, located in the city...Tags: Bucharest (Romania), General Electric Company
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Playing the shale gas boom - Chart Industries
ReutersBy Nichola Groom June 7 (Reuters) - What a difference a decade makes. Ten years ago, Chart Industries Inc was on the verge of bankruptcy after taking on too much debt during a spree of acquisitions that included an equipment maker for storing...Tags: Companies and Corporations, Restraint of Trade, Energy Resources, Petroleum Industry, Auto Trends
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GE Trims Profit Outlook, Raising Concerns On Wall Street
General Electric Co. cut the profit growth estimate for its core industrial businesses on Friday, citing weakness in Europe and sliding wind turbine sales, unnerving Wall Street and pushing its stock down in morning trading. The world's biggest maker...Tags: Business, Fairfield (Fairfield, Connecticut), Companies and Corporations, Renewable Energy, Wind Power
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GE to acquire Lufkin Industries to expand oil and gas business
General Electric Co. has agreed to acquire Lufkin Industries Inc. for more than $3 billion as the mega-firm looks to grow its expanding oil and gas business. The $88.50-a-share offer from GE represents a 38.4% premium over Lufkin’s Friday $63.93...
Tags: Petroleum Industry, Energy Resources, General Electric Company
Jun 11, 2013
|Story| Reuters
Jun 7, 2013
|Story| Reuters
Apr 19, 2013
|Story| Hartford Courant
Apr 8, 2013
|Story| Los Angeles Times
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