The $28 million distributor serves the Permian Basin energy industry.
Latest In MRC Global (McJunkin-Red Man)
Production Specialty Services has 17 locations in Texas and New Mexico.
MRC's sales in North America grew 17 percent in the quarter.
Chaparral Supply acquisition allows MRC to become the primary supplier of PVF and supplies to SandRidge Energy.
Profit for the global PVF distributors was $37.5 million.
MRC completed the acquisition of OneSteel Piping in Australia.
The PVF distributor will now go under the name MRC Global Inc.
Acquisition continues McJunkin Red Man's growth internationally.
OneSteel Piping Systems is a diversified industrial company serving customers in oil and gas, mining and mineral processing.
Acquisition supports McJunkin Red Man's global expansion plans.
Dresser Oil Tools & Supply has four branches in North Dakota and one in Montana.
McJunkin Red Man also outlines expansion plans in the region.
Transmark is a distributor of specialty valve and flow control equipment based in the UK.
McJunkin Red Man Corp. has acquired St. Louis, MO-based LaBarge Pipe &Steel Company.
LaBarge Pipe &Steel distributes carbon steel pipe for use in the North American energy infrastructure market. LaBarge Pipe &Steel Company is one of North America's largest stocking distributors of large diameter carbon steel pipe, serving companies in the oil &gas transmission, petrochemical, utility, industrial and construction markets.
LaBarge operates four sales offices in St. Louis, MO, Houston, TX, Birmingham, AL and Charlotte, NC and a manufacturing facility in Wagoner, OK.
Headquartered in Tulsa, OK, and Charleston, WV, McJunkin Red Man is a distributor of industrial pipe, valves and fittings and related products and services to the energy industry. ...
LaBarge Pipe &Steel distributes carbon steel pipe for use in the North American energy infrastructure market. LaBarge Pipe &Steel Company is one of North America's largest stocking distributors of large diameter carbon steel pipe, serving companies in the oil &gas transmission, petrochemical, utility, industrial and construction markets.
LaBarge operates four sales offices in St. Louis, MO, Houston, TX, Birmingham, AL and Charlotte, NC and a manufacturing facility in Wagoner, OK.
Headquartered in Tulsa, OK, and Charleston, WV, McJunkin Red Man is a distributor of industrial pipe, valves and fittings and related products and services to the energy industry. ...
McJunkin Red Man has named Andrew Lane as its CEO, effective immediately. Current CEO Craig Ketchum will serve as chairman of the Board of McJunkin Red Man Holding Corp. and H.B. Wehrle III would remain as chairman of the Board of PVF Holdings LLC.
Andrew Lane was COO of the Halliburton Company, a supplier to the energy industry, from 2004 to 2007.
We are excited to have Andrew join us as Chief Executive Officer as we head towards the next stage of our business," said Ketchum. "I am pleased to see Andrew come on board. His two decades of experience at Halliburton will no doubt be valuable as we look to expand within North America and globally."
Headquartered in Tulsa, OK, and Charleston, WV, McJunkin Red Man is a North American distributor of ...
Andrew Lane was COO of the Halliburton Company, a supplier to the energy industry, from 2004 to 2007.
We are excited to have Andrew join us as Chief Executive Officer as we head towards the next stage of our business," said Ketchum. "I am pleased to see Andrew come on board. His two decades of experience at Halliburton will no doubt be valuable as we look to expand within North America and globally."
Headquartered in Tulsa, OK, and Charleston, WV, McJunkin Red Man is a North American distributor of ...
McJunkin Red Man has registered with the SEC for an initial public offering of its common stock for $750 million. The company will be listed under the symbol MRC."McJunkin Corp. and Red Man Tool and Supply merged in late 2007. At the time, Goldman Sachs owned a majority share of McJunkin.
McJunkin Red Man is a distributor of industrial and oilfield pipe, valve and fittings in North America, operating 250 locations in the U.S., Canada, Nigeria and Puerto Rico. The company has a significant presence in the oil and gas, chemical and petrochemical, refining processes, power company, manufacturing and mining industries.
According to the SEC filing, the company said it generates about 90 percent of its sales from the energy industry. In the SEC filing, McJunkin ...
McJunkin Red Man is a distributor of industrial and oilfield pipe, valve and fittings in North America, operating 250 locations in the U.S., Canada, Nigeria and Puerto Rico. The company has a significant presence in the oil and gas, chemical and petrochemical, refining processes, power company, manufacturing and mining industries.
According to the SEC filing, the company said it generates about 90 percent of its sales from the energy industry. In the SEC filing, McJunkin ...
McJunkin Red Man has registered with the SEC for an initial public offering of its common stock for $750 million. The company will be listed under the symbol MRC."
McJunkin Corp. and Red Man Tool and Supply merged in late 2007. At the time, Goldman Sachs owned a majority share of McJunkin.
McJunkin Red Man is a distributor of industrial and oilfield pipe, valve and fittings in North America, operating 250 locations in the U.S., Canada, Nigeria and Puerto Rico. The company has a significant presence in the oil and gas, chemical and petrochemical, refining processes, power company, manufacturing and mining industries. According to the SEC filing, the company said it generates about 90% of its sales from the energy industry.
In the SEC ...
Industrial and oilfield PVF distributors McJunkin Corp. and Red Man Pipe and Supply Co. have completed their merger, forming McJunkin Red Man Corp. The new company will have headquarters in both Charleston, WV, and Tulsa, OK.
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McJunkin CEO and President H.B. Wehrle III and Red Man Pipe and Supply Company President and CEO Craig Ketchum will serve as Co-Chief Executive Officers for the new company.
McJunkin Red Man Corporation remains a privately held firm.
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In January 2007, Goldman Sachs Capital Partners became a substantial investor in McJunkin ...
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McJunkin CEO and President H.B. Wehrle III and Red Man Pipe and Supply Company President and CEO Craig Ketchum will serve as Co-Chief Executive Officers for the new company.
McJunkin Red Man Corporation remains a privately held firm.
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In January 2007, Goldman Sachs Capital Partners became a substantial investor in McJunkin ...
PVF distributors McJunkin Corp. and Red Man Tool and Supply will merge to form a $3-plus billion company. Private equity has a controlling interest in McJunkin, meaning the deal, to be finalized in September, is probably just the first of many steps in the companies'plans for growth.
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The recently announced merger plan between leading pipe, valve and fittings (PVF) distributors McJunkin Corp. and Red Man Tool and Supply highlights the impact private equity is having in distribution. The deal would form a $3-plus billion company and largest U.S. PVF distributor.
Goldman Sachs owns a majority share of McJunkin, which was family-owned and -founded. One industry expert says the share is close to 60 percent, giving Goldman Sachs a controlling ...
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The recently announced merger plan between leading pipe, valve and fittings (PVF) distributors McJunkin Corp. and Red Man Tool and Supply highlights the impact private equity is having in distribution. The deal would form a $3-plus billion company and largest U.S. PVF distributor.
Goldman Sachs owns a majority share of McJunkin, which was family-owned and -founded. One industry expert says the share is close to 60 percent, giving Goldman Sachs a controlling ...
Two major distributors of industrial and oilfield PVF supplies, McJunkin Corporation, with nearly $2 billion in annual revenues,  ; and Red Man Pipe and Supply Company, nearly $1 billion in annual sales, have announced a merger of equals" that will make the new company a leading industrial and oilfield PVF supplier in
North America. Charleston, WV, and
Tulsa, OK , will serve as co-headquarters for the new company.
McJunkin Corporation CEO and President H.B. Wehrle III and Red Man Pipe and Supply Company President and CEO Craig Ketchum will serve as Co-CEOs for the new company.
"It is an exciting time for Red Man with great ...
North America. Charleston, WV, and
Tulsa, OK , will serve as co-headquarters for the new company.
McJunkin Corporation CEO and President H.B. Wehrle III and Red Man Pipe and Supply Company President and CEO Craig Ketchum will serve as Co-CEOs for the new company.
"It is an exciting time for Red Man with great ...
