Forum Energy Technologies announced the acquisition of J-Mac Tool. J-Mac, located in Fort Worth, Texas, manufactures high-quality 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 centres located in the Eagle Ford and Permian basins. The former owners of J-Mac have retained the pumping equipment integration and controls business.
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. Cris Gaut, Forum’s chairperson and CEO, commented: “Forum’s strong financial position allows us to make opportunistic acquisitions in this market. 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. We see opportunity to expand the market for J-Mac’s products by utilizing our existing sales and distribution network. We welcome the employees of J-Mac to the Forum family.”
