Purvis Industries acquires Ready Bearing Supply of Lubbock, Texas

Published by Aimee Knight, Editorial Assistant
Oilfield Technology, Monday, 07 January 2019 16:00

Purvis Industries has announced that effective January 4nd, 2019, they have acquired substantially all the assets, brand rights, websites, personnel and intellectual property of Ready Bearing Supply located in Lubbock, TX. Ready Bearing has been serving customers in Texas, New Mexico, Arizona, Oklahoma, and Kansas since 1978.

Cameron Barker, Purvis Industries VP of Corporate Operations, said about Ready Bearing: “Purvis Industries is proud to be able to join with a strong independent distributor like Ready Bearing Supply. Like us, they have a long history of solid customer service and strong relationships. Ready Bearing fills in a key market for us in West Texas, providing our oilfield and other industrial customers greater access to quality products and services. We also look forward to providing Ready Bearing’s customers with an expanded range of Tier One suppliers as well as access to our new best in class eCommerce platform.”

Read the article online at: https://www.oilfieldtechnology.com/special-reports/07012019/purvis-industries-acquires-ready-bearing-supply-of-lubbock-texas/

Marathon Oil revises 2020 spending

Thursday 09 April 2020 15:00

The revised 2020 capital budget of US$1.3 billion or less includes the implementation of 2Q20 frac holidays in the Bakken and Eagle Ford.

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