MRC buying Texas-based energy firm

Nov 30, 2012 | 04:51 PM | Michael Cowden

Tags  MRC Global, Andrew Lane, Production Specialty Services, Ronnie Crossland, pipe, valves, fittings, distribution oil

CHICAGO — MRC Global Inc. has agreed to acquire energy services firm Production Specialty Services Inc., the company said Friday.

Midland, Texas-based Production Specialty Services, which supplies pipe, valves and other products to the oil and gas industry, will boost MRC’s presence in the Permian Basin, one of the most active oil-drilling regions in the United States, MRC said. The terms of the....





Latest Pricing Trends

Poll

What is causing the most weakness to the U.S. metals industry?

Imports
Stagnant non-residential construction demand
Sequestration and government cuts
Global uncertainty, particularly in Europe
Too many suppliers chasing too few orders


View previous results

AMM Events