LUFKIN INDUSTRIES

LUFKIN INDUSTRIES is a well-established company that specializes in precision-engineered oilfield equipment, industrial gears, and trailers. Founded in 1902, it initially focused on producing machinery for the sawmill and railroad industries before becoming a leader in oilfield pumping units in the 1920s. The company has a rich history of innovation, including the development of the first full crank balanced pumping unit and advancements in automation and downhole pump technologies. LUFKIN manufactures a variety of products, including large crank balanced pumping units and long-stroke units designed for efficient oil extraction. It also produces commercial gears for various industries and has a history of developing cargo and truck trailers. The company offers advanced automation solutions and downhole pumping technologies through its acquisitions. Additionally, LUFKIN provides equipment management solutions to enhance operational efficiency in oilfield production, serving a global customer base in the oil and gas industry as well as manufacturing and transportation sectors.