Breaking News

Monday, March 30, 2015 - 10:32pm

General Electric announces plans to buy Lufkin Industries


POSTED: Tuesday, April 9, 2013 - 7:00am

UPDATED: Tuesday, April 9, 2013 - 7:14am

Price tag: 3.3 billion

The Lufkin Daily News is reporting; officials with Fairfield, Conn.-based General Electric announced Monday that the company will purchase homegrown oil and gas technology and industrial gear manufacturer Lufkin Industries Inc. for about $3.3 billion.

To read more, head to The Lufkin Daily News website:

Comments News Comments

Post new Comment