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Drillers Service company history timeline

1987

Headwaters Incorporated can trace its source to Cynsulo Inc., which was incorporated in Nevada in 1987.

1988

Cynsulo had a small initial public offering in 1988.

1992

In 1992, it built a prototype briquetting plant in Price, Utah.

1994

The company was known for a time in 1994 as Environmental Technologies Group International.

1995

Covol agreed to acquire the Wellington Loadout in Carbon County, Utah, from Nevada Electric Investment Co. in November 1995.

Focusing on Coal After 1995

1996

Cook, formerly director of strategic accounts at PacifiCorp Inc., had first joined Covol in June 1996 as chief financial officer and was named president and CEO four months later.

1997

ISG had been formed in 1997 by Steve Creamer and Chip Everest, who acquired a number of coal combustion residue companies after selling their interest in an eastern Utah landfill.

1999

Kirk Benson became CEO of Covol in April 1999.

2001

Headwaters' share price rose 383 percent during the 2001 calendar year, reported the Salt Lake Tribune, making it the best-performing stock among Utah's publicly held companies.

2007

The Section 29 tax credit for synfuels was scheduled to expire in 2007, which would likely make this side of the business unprofitable.

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Founded
1954
Company founded
Headquarters
Hickory, NC
Company headquarter
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Drillers Service history FAQs

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Drillers Service may also be known as or be related to Drillers Service, Drillers Service Inc, Drillers Service, Inc. and Headwater Companies, LLC.