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BENOIT ANNOUNCES INVESTMENT PLAN TO EXPAND OPERATIONS TO HOUSTON

From Staff Reports

For Immediate Release – August 19, 2014 – Houma, La. – Benoit Premium Threading, LLC, is proud to announce the expansion of its state-of-the-art OCTG manufacturing and services to a new location in Houston, TX. In response to growing demand for premium OCTG (Oil Country Tubular Goods), the Houston facility will provide immediate support to domestic customers, especially those operating in the Eagle Ford and Barnett Shale Plays. The new Houston operation will include an additional 25,000 square feet and three CNC machines resulting in a 20 percent increase in overall threading capacity. This initial increase is part of a longer term expansion plan that will grow Benoit's capacity an estimated 45 percent since transitioning to new ownership in November 2012. "Our expansion to Houston represents the commitment to growth we made when new ownership took over in 2012," said Ron Pederson, CEO of Benoit Premium Threading, LLC. "Our significant investment in Houston also represents our commitment to our customers working in this region. The Houston facility allows us to better serve these customers by reducing lead times, expanding capacity, and increasing our on the ground ready to ship inventory."


Products and services that will be offered at Benoit – Houston include:
More about Benoit:

Founded in 1943, Benoit Premium Threading, LLC is headquartered in Houma, La. and has over 200 employees. With over 500 million feet of premium threaded tubing downhole in carbon grades, Chrome-Alloy & Hyper-Chrome-Alloy steels, Benoit is a leader in the premium threading market, as well as completion-accessory products and services. The proprietary BTS®, Echo™, and BFJ™ premium thread profiles have proven performance records in some of the toughest production wells around the world. State-of-the-art computerized machining technology, and strict adherence to manufacturing specifications provide Benoit's customers with confidence that can be relied on from the first run, or after multiple trips.
Steel Service Oilfield Tubular, Inc. is the exclusive distributor for Benoit's full-length tubular products. The partnership gives the two companies a competitive advantage by allowing them to maintain the capacity and inventory necessary to provide its customers with the type tubing size, weight, grade, and threaded profile to meet any well requirement.