An oil and gas OEM specializing in technology, products, and services recently announced it will expand its heat treating capabilities when it assumes responsibility of a Houston-based oilfield services company’s forging operations.
Under the terms of the agreement, AFGlobal, based in Houston, Texas, will assume all operational responsibility in its assumption of Dril-Quip’s forge facilities and equipment located at its Houston manufacturing campus with an option to acquire those same assets. AFGlobal will supply Dril-Quip with its forging needs while also using the assets to further support AFGlobal’s OEM business in the broader oil and gas market as well as other existing markets, including industrial, aerospace, defense, and transportation.
“We are excited to partner with Dril-Quip, not only for their forging needs but also to strengthen our offering for our core energy clients in drilling and pressure pumping,” commented Curtis Samford, president and CEO for AFGlobal. “Furthermore, we see this as another major step in our ongoing expansion into the broader industrial, aerospace, defense, and transportation markets. This equipment significantly expands our existing capabilities in both open- and closed-die forging and nearly doubles our ring rolling capability and capacity. These assets also provide us with further expansion opportunities for heat treating and machining.”
