Hoover's Company Profiles:

Dresser-Rand Group Inc.

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(NYSE:DRC)
Contact Information
Dresser-Rand Group Inc.
10205 Westheimer Rd., West8 Tower, Ste. 1000
Houston, TX 77042
TX Tel. 713-354-6100
Fax 713-354-6110

Type: Public
On the web: http://www.dresser-rand.com
Employees: 7,506
Employee growth: 21.1%

Dresser-Rand is going in circles, but that's a good thing. The company is a leading maker of industrial rotating equipment that includes steam and gas turbines, centrifugal and reciprocating compressors, hot gas expanders, and control systems. It makes new and replacement units and offers aftermarket repair and upgrades for its own and third-party products. Dresser-Rand serves customers in the oil and gas, power, and chemical and petrochemical markets through 12 manufacturing and nearly 40 service facilities in about 30 countries. More than 80% of its sales come from energy infrastructure and oilfield projects. Chevron, BP, Royal Dutch Shell, Exxon Mobil, and Dow Chemical are among its blue-chip customers.

Key numbers for fiscal year ending December, 2011:
Sales: $2,311.6M
One year growth: 18.3%
Net income: $119.7M
Income growth: (18.4%)

Officers:
Chairman: William E. (Bill) Macaulay
President, CEO, and Director: Vincent R. (Vince) Volpe Jr.
EVP and CFO: Mark E. Baldwin

Competitors:
Elliott Company
GE Energy
Siemens AG

Dresser-Rand Group Inc.

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