TEXAS – LUFKIN INDUSTRIES has made a giant leap up FORBES MAGAZINE’s list of America’s Best 200 Small Companies, rising to spot No.72 in 2007 from No.140 a year ago. This is the third straight year Lufkin was included in the list.
Lufkin (www.Lufkin.com) sells and services oilfield pumping units, foundry castings, power transmission products and highway trailers throughout the world. The company has vertically integrated all vital technologies required to design, manufacture and market its product.
The Forbes evaluation included companies with revenues of $5 million to $750 million and with share prices above $5 as of Oct. 1, ranked according to return on equity, as well as sustained sales and net profit growth over 12-month and five-year periods.