Lufkin Industries, Inc., is a global supplier of artificial lift products, technology, services and solutions, including automated control equipment and analytical products for artificial lift equipment, to the oil and gas industry. The Company�s business consists of two operating segments: Oilfield and Power Transmission. In addition, the Company designs, manufactures and services power transmission products for use in energy infrastructure and industrial applications. The Company�s important asset is its reputation with its customers, which is based on the reliability of its products and the enhanced efficiency those products bring to its customers operations. The combination of high performance products and experienced personnel has allowed the Company to expand its customer base and its geographical footprint. In July 2013, General Electric Co's GE Oil & Gas completed its acquisition of Lufkin Industries, Inc.