Energy & Technology, Corp. Affiliate Technical Industries, Inc. Announces the Acquisition of Total Pipe Services Assets
2014年5月27日 - 10:00PM
Marketwired
Energy & Technology, Corp. Affiliate Technical Industries, Inc.
Announces the Acquisition of Total Pipe Services Assets
LAFAYETTE, LA--(Marketwired - May 27, 2014) - Energy &
Technology, Corp. affiliate Technical Industries Inc. ("Energy
& Technology" or the "Company") (OTCBB: ENGT)
Mr. George M. Sfeir the C.E.O. of Energy & Technology, Corp.
and Technical Industries, Inc. and group of companies, announced
the purchase of Total Pipe Services, Inc. assets of Broussard
Louisiana, a previous subsidiary of Seaboard Pipe, Inc. Mr.
Sfeir announced that the operation will be relocated to the
Abbeville Louisiana Facility in order to boost the manufacturing
capability including inspection and engineering and become a One
Stop Shop. The facility is serving the local market and the
Gulf of Mexico when the restrictions are lifted.
To be added to the Energy & Technology, Corp. Investor email
list, please email engt@engt.com
About Energy & Technology, Corp.
As the holding company of Technical Industries, Inc., Energy
Pipe, LLC, and Energy Technology MFG & Threading
LLC, Energy & Technology, Corp. (OTCBB: ENGT) is a
technology and essential commodities provider including main source
for rig, integrated systems, down hole tools, OCTG, linepipe,
drillpipe, drilling tools and supply chain solutions. ENGT provides
a comprehensive drilling system for parts, down hole tools,
engineering, non-destructive testing, storage, maintenance and
other products, and services. To learn more about ENGT visit:
www.engt.com.
SAFE HARBOR STATEMENT
Matters discussed in this press release contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. When used in this press release, the words
"anticipate," "believe," "estimate," "may," "intend," "expect" and
similar expressions identify such forward-looking statements.
Actual results, performance or achievements could differ materially
from those contemplated, expressed or implied by the
forward-looking statements contained herein. These forward-looking
statements are based largely on the expectations of the Company and
are subject to a number of risks and uncertainties. These include,
but are not limited to, risks and uncertainties associated with:
the impact of economic, competitive and other factors affecting the
Company and its operations, markets, product, and distributor
performance, the impact on the national and local economies
resulting from terrorist actions, and U.S. actions subsequently;
and other factors available from the Company. We assume no
obligation to publicly update or revise these forward-looking
statements for any reason, or to update the reasons actual results
could differ materially from those anticipated in these
forward-looking statements, even if new information becomes
available in the future. Investors are urged to read the Annual
Report on Form 10-K for the year ended December 31, 2013 and other
documents filed by ENGT with the SEC.
For additional information, contact Energy & Technology
Corp. LindseySonnier@ENGT.com telephone +1337 984 2000
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