GE inks $3.3B deal to buy Texas industrial gear maker Lufkin

Apr 08, 2013 | 12:05 PM | Corinna Petry

Tags  General Electric, Lufkin Industries, acquisition, gears, bearings, oilfield services, Daniel Heintzelman

CHICAGO — General Electric Co. will pay about $3.3 billion to acquire Lufkin Industries Inc., a Lufkin, Texas-based manufacturer of industrial gears and....

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