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3D printing is the way of the future. One thing it could revolutionize is the manufacturing of pipe protection technologies.
In times like these, the buyer is generally in the driver’s seat when it comes time to making a deal for just about anything. Manufacturers and jobbers are scrambling to generate cash flow even if there isn’t a lot of profit in the transaction.
Are you like most Americans, wondering how long we will enjoy lower prices at the pump? On the flip side of low pump prices for consumers, and a surplus of crude oil, is a slow brewing economic downturn that can lead to a crisis if lows continue to extend over longer periods of time.
As is frequently the case when massive booms turn into extreme slowdowns, demand for oil country tubular goods has dropped significantly.
The oil services industry is obviously going through a period of belt tightening that requires firms to maximize the return on every penny of their investment, as well as squeeze every iota of productivity out of every man-hour of work.