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In 1968, Hughes Tool purchased Sports Network Incorporated and renamed it the Hughes Television Network, with Dick Bailey continuing as president. [6] The huge main plant for Hughes Tool located in Houston, Texas, fronting Polk Ave, had grown to be one of the biggest oil tool manufacturers in the world. It had the latest, largest, and most ...
Grant Prideco, Inc. is a supplier of drill pipe and drill stem accessories headquartered in Houston, Texas.Since 2008, it has been a subsidiary of energy services company NOV Inc. Grant Prideco was included on the Fortune magazine top 1000 largest corporations for several years in the mid-2000s [1] [2] and through the 1990s and early 2000s was the world's largest oilfield drill pipe supplier.
Reid Tool Supply started in 1948 by Mr. Liberty Reid. [2] In about 4 years, Reid Tool Supply moved from Mr. Reid's house and into a newly constructed warehouse. By 2005, Reid Tool Supply was offering a wider range of industrial tools and parts, and changed its name to Reid Supply Company to reflect its expanded offerings.
ANC, a member of the United States Cutting Tool Institute, [4] was founded in 1970 and sold its products worldwide. In June 2012, American National Carbide announced a $2.5 million expansion of its raw material production operation. [5] In January 2023, ANC was forced to cease operations permanently.
Northern Tool + Equipment (commonly referred to as Northern Tool) is a manufacturer and retailer of light industrial equipment and do-it-yourself supplies.Founded in 1981 as Northern Hydraulics, the company was officially renamed to Northern Tool + Equipment and is the owner of several private label brands including NorthStar, Powerhorse, Klutch, Strongway, Ultra-Tow, Roughneck, Gravel Gear ...
Over the ensuing 80-some years, Smith's humble shop grew into a major operation specializing in drill bits, heavyweight collars and drill pipe, with corporate headquarters in Houston. In the mid-1980s, business faltered due to declining oil prices and the loss of a lawsuit against Hughes Tool (now part of Hughes Christensen). Under the ...