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New Energy Products Company Formed through Five-way Merger, Forum Energy Technologies

Tuesday, August 3, 2010  
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Forum Energy Technologies (FET) announced the closing of a merger among five separate companies, Forum Oilfield Technologies, Triton Group, Subsea Services International, Global Flow Technologies, and Allied Technology, to form FET. Houston based FET is a global provider of manufactured and applied products to the global energy industry with approximately $700 million in annual revenues and about 2,000 employees worldwide. FET will serve the drilling, production, and infrastructure segments of the energy industry. Among the manufactured products provided by FET are drilling equipment and spare parts, valves and flow control equipment, subsea remote operating vehicles, surface production process equipment such as separators and pressure vessels, and pipeline equipment and applications. More...

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