ABILENE, Texas—McCarty Equipment Co. is continuing to extend its growing reach in the oilfield and industrial sectors.
A fabricator and distributor of gaskets, hose, valves and other products to the upstream oil and gas industry throughout the U.S. and Canada, the company has purchased the Bakersfield, Calif., operation of Alternative Hose Inc.
In a separate move, it added a new facility in Greeley, Colo. Financial details were not released on the purchase or the addition.
McCarty Equipment, a wholly owned subsidiary of Houston-based GHX Industrial L.L.C., which is part of the United Distribution Group Inc. group of companies, said it acquired the assets and operations of the seven-year-old Bakersfield location in part because it carries a number of world-class brands. Those include Gates, Kuriyama, NRP-Jones and Dixon Valve.
But the prime reason is Bakersfield “has been the hub of California oil production and has been one of the U.S.' top producing areas for decades,” according to McCarty Equipment President Kelly McCarty.
He said the Bakersfield facility primarily focuses on the upstream business segment, and McCarty Equipment “can supplement what the location provides with a number of additional key products to better serve key oilfield supply and oilfield service customers.”
Alternative's management, sales and production staff will remain with McCarty Equipment, said Richard Harrison, president of GHX, which provides hose and gaskets to the refining and petrochemical, upstream oil and gas, original equipment, power generation, marine, and agriculture segments.
Alternative's core base historically has served customers in the oilfield service, agriculture and power generation industries.
That ties in with Abilene-headquartered McCarty Equipment's growth plans, said Darrell Cole, president and CEO of Bristol, Tenn.-headquartered United Distribution, which through its subsidiaries' 74 locations provides products and services to a variety of industries, including oil and gas, mining, power generation, petrochemical, agricul-ture, marine and others.
“Expanding our service area throughout the U.S. and Canada is an ongoing strategic focus for our company” and acquiring the Bakersfield facility complements its strong presence in North America, he said.
In its second expansion move, McCarty Equipment opened a 10,000-sq.-ft. facility in Greeley to service customers in the Niobrara Shale Play in northeastern Colorado, McCarty said.
Its services include the ability to crimp 10-inch hose, hose kitting, vendor-managed inventories, custom fabrication and a wide variety of industrial and oilfield products.
Jack Clevenger, a long-time McCarty Equipment employee who most recently was branch manager of the firm's operation in Cleburne, Texas, has been named branch manager of the Greeley facility, according to Harrison.
In January, United Distribution also acquired Dandy Specialties Inc., an Abilene-based industrial distributor of specialized drilling rig and wellhead components with facilities in Hobbs, New Mexico, and Abilene and Odessa, Texas.
It will operate as a division of McCarty Equipment and the former owner of the business, Andy Weatherby, will remain with the company.