Server: Netscape-Enterprise/2.0c Date: Fri, 21 Nov 1997 00:36:48 GMT Accept-ranges: bytes Last-modified: Mon, 22 Sep 1997 13:49:19 GMT Content-length: 2545 Content-type: text/html LUFKIN Industries Foundry Division

INDUSTRIES, INC.


Foundry Division


LUFKIN began its entry into the Foundry Industry during 1902 with the 
inception of LUFKIN Foundry and Machine Company.  The Company’s focus
during that time was servicing the repair needs of the railroads.  Over 
the years LUFKIN Industries, Inc. has invested significant resources in 
developing this Division into an industry leader.  This is evidenced by 
our entry into the ductile iron segment during the 1940’s as the industry
began working with this new material.

LUFKIN's current market position is in the production of medium to large, 
low to medium volume ductile and gray iron castings.  On a daily basis, 
we service OEM's in various industries, including valves, machine tools,
pump and compressors, as well as construction equipment and 
special machinery.

LUFKIN continues to focus on developing long term relationships with our
current and potential customer base.  While we expect 1997 revenues for
this Division to approach $32 million, LUFKIN continues to focus on 
improved process development and capacity expansion.  These efforts are
being achieved through employee development and capital expansion.

We see an even brighter future for the Foundry Division and invite you to 
explore the possibilities of joining our family of satisfied casting Customers.


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