ESCO Corporation Acquires Stabiltec Downhole Tools

ESCO Corporation announced today it has acquired Stabiltec Downhole Tools LLC, a unique manufacturer of specialty drilling tools for the oil and gas industry. This acquisition complements ESCO’s growing Oil & Gas Division, bringing an additional 96 people into the organization.

With aggressive growth goals in 2014 and beyond, this acquisition continues the build-out of the ESCO Oil & Gas Division’s product portfolio. Continue reading

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