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UTEX Industries history
UTEX Industries company history timeline
In 1964, the company created "the first nonadjustable plunger packing material designed to address reciprocating pump-sealing problems". Made of nitrile rubber and "nylon fabric composite laminated material", it was formed into "packing" named the J-Design 838.
In 1969, UP&G was renamed to UTEX Industries.
UTEX was originally acquired in August 2005 by Grey Mountain Partners, a private equity firm.
They then sold UTEX to Audax Group, a middle-market investment capital firm, in 2007.
In December 2010, Utex was acquired by global private equity firm Rhône Group for an undisclosed amount.
In March 2013, Utex was acquired by private equity firm Riverstone Holdings LLC for $825 million.
As of 2020 the Arefco affiliation no longer exists but Utex has a Sales office in the UK to keep serving its customers internationally.
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UTEX Industries competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Parco | 1941 | $34.1M | 200 | - |
| American Block | 1979 | $220.0M | 375 | - |
| Custom Alloy Sales | - | $6.5M | 20 | - |
| CDI Energy Products | 1974 | $104.4M | 350 | - |
| Howco Group | 1982 | $55.0M | 3,000 | - |
| Owen Oil Tools | - | $820,000 | 50 | - |
| TMK IPSCO INTERNATIONAL LLC | 2008 | $454.8M | 1,182 | - |
| Hemco | - | $590,000 | 9 | - |
| R & M INDUSTRIES | - | $8.2M | 20 | - |
| Southwest Oilfield Products | 1947 | $400,000 | 7 | - |
UTEX Industries history FAQs
Zippia gives an in-depth look into the details of UTEX Industries, including salaries, political affiliations, employee data, and more, in order to inform job seekers about UTEX Industries. The employee data is based on information from people who have self-reported their past or current employments at UTEX Industries. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by UTEX Industries. The data presented on this page does not represent the view of UTEX Industries and its employees or that of Zippia.
UTEX Industries may also be known as or be related to UTEX Industries, UTEX Industries, Inc., Utex Industries, Utex Industries Inc, Utex Industries Inc. and Utex Industries, Inc.