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Dresser-Rand Group Inc

 
Hoover's Profile: Dresser-Rand Group Inc.
(NYSE:DRC)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

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: 6,400
Employee growth: 6.7%

Dresser-Rand's equipment might get you pretty steamed. But that's part of its job. The company is a global manufacturer of industrial rotating equipment that includes steam and gas turbines, centrifugal and reciprocating compressors, expanders, and control systems. It makes both new and replacement units and also offers aftermarket services, such as repairs, technical support, and upgrades for both its own products and equipment made by others. Dresser-Rand has customers in the oil and gas, power, chemical, and petrochemical markets worldwide. They include BP, Royal Dutch Shell, Exxon Mobil, and Dow Chemical. About 90% of its revenue is generated from energy infrastructure and oilfield projects.

Key numbers for fiscal year ending December, 2008:
Sales: $2,194.7M
One year growth: 31.8%
Net income: $197.7M
Income growth: 85.3%

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 Oil
Siemens AG

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