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....

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