Below are interesting stories concerning our industries, manufacturing, and our region.
Brady: House Tax Proposal Establishes America As Magnet For Jobs, Innovation.
In a guest column, US Rep. Kevin Brady (R-TX) writes for the Houston Chronicle (1/2) that the House GOP tax reform plan will end America’s “outdated tax code” by “border adjusting our taxes like our foreign competitors do.” He says the new plan “helps eliminate all tax incentives for U.S...
U.S. oil drilling rig count recovery extends into 7th month: Baker Hughes
Reuters (12/2, DiSavino) reported drillers “added three oil rigs in the week to Dec. 2, bringing the total count up to 477, the most since January, but still below the 545 rigs seen a year ago, energy services firm Baker Hughes Inc said on Friday.” Reuters characterized US energy companies as ex...
Haas Mini Mill-EDU Vertical Milling Machine
Whether you’re starting a new engineering program or upgrading an existing one, the Haas Mini Mill is the ideal learning tool. Now available in a school edition, this machine is bundled with educator and student tools that provide real-world machine shop experience within the classroom. ItR...
New Manufacturing Company To Make Equipment For Well-Boring At Drilling Sites
The Houston Chronicle (11/10, Smith) reports two former Halliburton employees have started an energy equipment company called Citadel Casing Solutions that manufactures equipment for well-boring at drilling sites. The company has received millions of dollars to start the manufacturing company, accor...
GE’s Oil, Gas Business To Merge With Baker Hughes
The New York Times (10/31, Bray, Subscription Publication) reports General Electric said Monday that it would combine its oil and gas business with Baker Hughes, “looking to increase its scale to battle the effects of a prolonged slump in oil prices that has eaten into results.” GE referred to t...
Baker Hughes: US Drillers Add Four Rigs This Week With Oil Over $50 Per Barrel
Reuters (10/14, DiSavino) reported the number of US oil rigs rose again this week, “extending one of its best recoveries with no cuts for 16 straight weeks, with analysts expecting more additions as crude prices hold over $50 a barrel.” Drillers added four oil rigs in the week, bringing the coun...