Strong Oil Field Results Drive 28% Increase in Total Lufkin Sales
Increases 2006 Earnings Guidance to $4.42 to $4.60 per Diluted Share
LUFKIN, Texas, Oct.
Strong Oil Field Results Drive 28% Increase In Total Lufkin Sales
Increased 2006 Earnings Guidance to $4.42 to $4.60 Per Diluted Share
LUFKIN, Texas, October 18 - Lufkin Industries, Inc.
driven by strong oil field and construction demand. Although disaster
film shipments were insignificant in the quarter, the company recently
received an order in excess of $5 million for third-quarter delivery.