FORT WAYNE, Ind. - Franklin Electric Co., Inc. announced that it has acquired Valley Farms Supply, Inc. of Lansing, Michigan for $9 million. Valley Farms is a professional groundwater distributor operating three locations in Michigan and one in Indiana. Valley Farms has approximately $28 million of consolidated annual sales.
HOUSTON – Penn Virginia Corporation announced that it has entered into a definitive agreement to acquire assets in the Eagle Ford Shale, primarily in Gonzales and Lavaca Counties, from Hunt Oil Company (“Hunt”) for $86 million in cash, subject to customary post-closing adjustments. The company anticipates the acquisition will close on or before March 1, 2018, with an effective date of October 1, 2017.
The winners of the very first Oil & Gas Engineering Product of the Year awards have been identified as some of the best products introduced between January 2016 and July 2017. Trelleborg is the first company to win the Oil and Gas Engineering Product of the Year Gold Award for its newly developed Standardized Buoyancy Module.
GRAY, La. – On Nov. 1, Danos’ materials management service line supporting Royal Dutch Shell’s (Shell) onshore and offshore production operations in the United States achieved an important safety milestone: 1 million man-hours without an Occupational Safety and Health Administration (OSHA)-recordable incident.
Endress+Hauser announced, effective January 1, 2018, TriNova Inc. is its exclusive Sales Representative and Authorized Service Provider in New England and Upstate New York. This region includes the states of Maine, Vermont, New Hampshire, Massachusetts, Rhode Island, Connecticut and Upstate New York.