PCS Joins Dover and Merges with Ferguson Beauregard
May 04, 2012 (PRLEAP.COM) Business News
Frederick, CO, May 4, 2012 – Dover Corporation acquired Production Control Services Inc. (PCS) effective April 25, 2012. PCS will join the Norris Production Solutions (NPS) family of companies.NPS is comprised of several companies focused on oil and natural gas artificial lift solutions. By aligning its four product lines-PCS Plunger Lift, PCS Well Site SCADA, Opti-Flow™ Gas Lift and Nitro2Go™ Nitrogen Generation-with the NPS family of companies, PCS is able to broaden its distribution and better meet the end-to-end artificial lift needs of customers both domestically and abroad.
As PCS joins NPS, it is merging with Ferguson Beauregard (FB), owned by Dover Corporation since 1988. Ferguson Beauregard is a premium provider of plunger lift and well site automation solutions. The company recently introduced its iChem solar powered chemical injection system and iLevel tank level monitoring product.
Over the coming months, PCS and Ferguson Beauregard will be integrating product lines, resources and personnel. To assure minimal disruption to customers, the two companies will continue to deliver products independently and under their respective brands for the time being, but will be managed by a common executive team. Jeff Giacomino, co-founder and former president of PCS, has been named Managing Director of the combined company.
"PCS is proud to partner with an organization dedicated to the upstream oil and gas business and the future growth and success of our combined company," says Giacomino. "This is an exciting time for PCS and FB as we come together to deliver world-class solutions to our customers and meet their growing production demands."
For more information about the acquisition and merger, please visit www.pcs-fb.com.
About PCS
Since 1985, Production Control Services Inc. (PCS) has focused solely on production optimization. Its products and services include PCS Plunger Lift, Opti-Flow™ Gas Lift, Nitro2Go™ Nitrogen Generation and PCS Well Site SCADA. The company, headquartered in Frederick, Colorado, employs local production optimization experts in more than 30 locations in the major oil and gas plays throughout the U.S. and Alberta, Canada. For more information, visit www.pcslift.com.
About Ferguson Beauregard
Ferguson Beauregard, a Norris Production Solutions (NPS) company, is a leader in providing innovative production-enhancing solutions to the oil and gas industry. Its product offering includes plunger lift technology, automation and control systems, and other oilfield-related equipment. To learn more about Ferguson Beauregard, go to www.fbdover.com.
About Dover
Dover Corporation is a multi-billion dollar diversified global manufacturer. For over 50 years, Dover has been providing its customers with outstanding products and services that reflect the company's commitment to operational excellence, innovation and market leadership. The company focuses on innovative equipment and components, specialty systems and support services through its four major operating segments: Energy, Communication Technologies, Engineered Systems and Printing & Identification. Dover is headquartered in Downers Grove, Illinois, and employs 35,000 people worldwide. Dover Corporation is traded on the New York Stock Exchange under "DOV." Additional information is available at the company's website at www.dovercorporation.com.
About Norris Production Solutions
Norris Production Solutions (NPS), based in The Woodlands, Texas, is a Dover Corporation operating unit in Dover's Energy segment. NPS provides integrated solutions across the artificial lift spectrum for the oil and gas industry, delivering the latest technologies, innovations and solutions in rod lifts, progressive cavity pumps, sucker rod pumps, plunger lifts and related equipment, well site controls, analytical tools and customer-centric training and educational programs. Additional information is available on the company's website at www.npsdover.com.