Forum Energy Technologies Inc. (NYSE: FET) has acquired J-Mac Tool Inc.
Located in Fort Worth, Texas, J-Mac manufactures hydraulic fracturing pumps, power ends, fluid ends, and other pump accessories. J-Mac also provides repair and refurbishment services for power ends and fluid ends at its main Fort Worth facility and at service centers located in the Eagle Ford and Permian basins. The former owners of J-Mac have retained the pumping equipment integration and controls business.
Cris Gaut, Forum’s chairman and CEO, commented, “The acquisition of J-Mac will increase the range of products in our Flow Equipment product line and expand our offering of critical equipment, consumable products, and aftermarket services provided to the pressure pumping market. We will now be able to provide our customers the full suite of pumps, replacement power and fluid ends, manifolds, valves, and treating iron.”
Forum Energy Technologies is a global oilfield products company, serving the subsea, drilling, completion, production, and infrastructure sectors of the oil and natural gas industry.