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Forum Energy Technologies Opens Plant Expansion In Elmore City, Oklahoma

Stocks in this article: FET

Forum Energy Technologies, Inc. (NYSE:FET) is pleased to announce the opening of a 10,000 square feet addition to its state-of-the-art facility in Elmore City, Oklahoma. This Production Equipment facility expansion will increase the plant to 70,000 square feet of manufacturing space located on over 50 acres. The expansion of the manufacturing capabilities will mean more efficient production times on larger size pressure vessels. Gauthier Pierozak, Plant Manager, said, “We have increased our manufacturing capability in Elmore City significantly over the last several years as we have responded to growth in customer demand. This latest expansion will allow us to produce larger size equipment for the unconventional shale markets under development throughout the United States.”

The Grand Opening will be held on September 11, 2013, with expected guests including Lieutenant Governor Todd Lamb, Senator Susan Paddack, Oklahoma Representative Lisa Billy and other local dignitaries. Since first expanding in 2011, this facility has had a significant impact on the local economy. Wendell Brooks, President of the Production and Infrastructure Division said, “We are very pleased to continue our investment in Oklahoma. In addition to Elmore City, we have manufacturing plants in Davis, Sulfur, Chickasha and Guthrie Oklahoma. We have consistently found Oklahoma state and local leaders to be very supportive of our efforts to grow and expand.”

Forum’s Production Equipment product line provides a broad range of production equipment, engineered process systems and field services from the well head to inside the refinery fence. It serves the upstream, midstream and downstream segments in oil and gas production equipment and services.

About FET

Forum Energy Technologies, Inc., headquartered in Houston, Texas, is a global provider of manufactured technologies and applied products to the energy industry. Forum's over 3,600 employees provide the products and technologies essential to solving the increasingly complex challenges of the subsea, drilling, completion and production sectors of the oil and gas industry. For more information, please visit www.f-e-t.com.



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