see lufkin brand . this article has multiple issues . please help improve it or discuss these issues on the talk page . learn how and when to remove these template messages this article contains content that is written like an advertisement . please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view . may 2014 learn how and when to remove this template message this article may require cleanup to meet wikipedia s quality standards . the specific problem is reads like an advertisement please help improve this article if you can . september 2012 learn how and when to remove this template message learn how and when to remove this template message lufkin industries type subsidiary of general electric industry oil and gas equipment founded 1902 2015 headquarters lufkin texas u.s. key people jerome luciat labry president number of employees 4 500 2013 website lufkin.com lufkin reverse mark ii pumping unit lufkin gear box lufkin industries is a manufacturing company based in lufkin texas and one of the largest employers in the city . founded in 1902 it produces machinery such as power transmission gear boxes oilfield pumping units and oilfield electrical equipment . lufkin joined ge oil & gas in july 2013 . in addition to designing manufacturing and marketing the industry standard conventional mark ii and other rod lift pumping units that are used to lift oil from wells lufkin provides pumping unit services used unit refurbishment and sale installation field service repair and parts and well automation products and services pump off controllers dynamometers fluid level analysis consulting and training that lower the costs of producing oil . additionally the company operates a gray and ductile iron foundry of captive and commercial castings for the heavy equipment valve and machine tool markets . the power transmission division makes precision made gears in weights from 300 pounds to 250 tons and in power levels from 20 to 85 000 horsepower . these highly engineered products are used in industrial applications in a variety of industries such as oil and gas petrochemical steel plastics sugar rubber marine and power generation . from its unique gear repair operations lufkin repairs virtually any manufacturer s gears and provides 24 hour emergency service to ensure minimum downtime in a customer s operations . lufkin operates oilfield service centers and gear repair facilities all across the globe . they also operate a power transmission and gear repair plant in fougerolles france . lufkin opened a manufacturing plant in romania 2013 . 1 on july 18 2001 lufkin industries inc. restated prior year periods financial statements to reflect the reclassification of freight charges billed to customers as revenue and the related expenses as cost of sales . 2 in 2008 lufkin acquired rmt in wellsville new york . rmt designs and manufactures various engineered bearings in addition to offering turbo analysis services and repair services . international lift systems in houston texas was also acquired in 2008 adding to the company s oilfield product catalog . international lift systems ils specializes in gas lift completion products and plunger lift systems for the domestic and international oil and gas industry . in 2011 lufkin acquired petro hydraulic lift systems phl in lafayette louisiana pentagon optimization service in red deer alberta and quinn oilfield supply ltd. also of red deer alberta . in 2013 lufkin was acquired by general electric for 3.3 billion as part of ge s expanding oil & gas division especially in the fast expanding market to extract oil and natural gas from shale rock . 3 on august 24 2015 ge announced that they were closing and dismantling the lufkin foundry . lufkin previously manufactured trailers for tractor trailers but exited that business in 2008 . references edit http www.prnewswire.co.uk news releases lufkin industries celebrates official opening of romania facility 212091221.html lufkin industries inc. announces second quarter net income increases 154 % . ge to buy oil pump maker lufkin for nearly 3 billion . april 8 2013 . http www.ge.com ar2013 pdf ge ar13.pdfge annual report 2013 external links edit official website retrieved from https en.wikipedia.org w index.php title lufkin industries & oldid 714303438 categories companies based in texaslufkin texashidden categories articles with a promotional tone from may 2014all articles with a promotional tonearticles needing cleanup from september 2012all articles needing cleanupcleanup tagged articles with a reason field from september 2012wikipedia pages needing cleanup from september 2012 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store 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