Lufkin Industries, Inc. Company News

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Schlumberger Divests Rod Lift Business
Lufkin Industries has acquired the Schlumberger N.V. unit North American Land Rod Lift Business.
7:00 PM EST | November 01, 2020
GE Finalizes Lufkin Acquisition
GE Oil & Gas completes its acquisition of Lufkin Industries for approximately $3.3 billion.
8:00 PM EST | June 30, 2013
GE to Acquire Lufkin Industries for $3.3B
GE announces it will acquire artificial lift technologies-provider Lufkin Industries for approximately $3.3 billion.
8:00 PM EST | April 07, 2013
Lufkin to Construct New Manufacturing Facility in Romania
Lufkin announced its intention to construct a manufacturing facility near Ploiesti, Romania, just north of the capital, Bucharest.
8:00 PM EST | July 08, 2010
Lufkin's Bookings, Optimisim on the Rise
"We experienced a substantial increase in our backlog, especially in the Oilfield Division, which doubled during the quarter, driven by strong orders from the oil plays in Texas as well as in the Bakken shale in North Dakota," said John Glick.
8:00 PM EST | April 20, 2010
Lufkin Industries, Union Agree to Weeklong Contract Extension
Lufkin Industries announced that a majority of its union workers, covering nearly 1,200 employees, did not ratify yesterday the terms of a new three-year contract. The current contract expired on October 5, 2008.
8:00 PM EST | October 05, 2008
Lufkin Picks Glick for CEO
Lufkin Industries, Inc. reported that its Board of Directors has formally elected John F. "Jay" Glick, President, to the Chief Executive Officer position effective, March 1, 2008.
7:00 PM EST | February 18, 2008
Lufkin's VP, Treasurer and CFO to Retire in May 2008
Lufkin Industries, Inc. reported that Robert D. Leslie, Vice President, Treasurer and Chief Financial Officer, plans to retire effective May 7, 2008.
7:00 PM EST | February 14, 2008
Lufkin's Chairman and CEO to Retire
Douglas V. Smith, Lufkin's chairman and CEO plans to retire, effective March 1, 2008.
8:00 PM EST | October 17, 2007