HOUSTON, Sept. 14 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated(NYSE: BHI) announced today that it has completed the sale of Baker HughesMining Tools, "BHMT", part of the Hughes Christensen division, to Atlas CopcoNorth America, Inc. As announced on July 28, 2004 the company has classifiedBHMT as a discontinued operation.
BHMT is a leading manufacturer of rotary drill bits used in the worldwidemining industry with 2003 revenues of approximately $40 million.
Baker Hughes is a leading provider of drilling, formation evaluation,completion and production products and services to the worldwide oil and gasindustry.
NOT INTENDED FOR BENEFICIAL HOLDERS.
Contact:
Gary R. Flaharty (713) 439-8039
H. Gene Shiels (713) 439-8822
SOURCE Baker Hughes Incorporated
CONTACT: Gary R. Flaharty, +1-713-439-8039, or H. Gene Shiels,+1-713-439-8822, both of Baker Hughes Incorporated
Web site: http://www.bakerhughes.com
No comments:
Post a Comment