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Wednesday, January 6, 2010, 12:14AM ET - U.S. Markets open in 9 hours and 16 minutes. Dow Down 0.11% Nasdaq Up 0.01%
Lufkin Industries Inc. (LUFK)On Jan 5: 74.66  Up 0.23 (0.31%)  
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Lufkin Industries Inc.
601 South Raguet
PO Box 849
Lufkin, TX 75902-0849
United States - Map
Phone: 936-634-2211
Fax: 936-637-5272
Web Site: http://www.lufkin.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Basic Materials
Industry:Oil & Gas Equipment & Services
Full Time Employees:3,000

BUSINESS SUMMARY 
Lufkin Industries, Inc. and its subsidiaries manufacture and sell oil field pumping units and power transmission products worldwide. It operates in two segments, Oil Field and Power Transmission. The Oil Field segment manufactures and services artificial reciprocating rod lift equipment and related products. It also transports and repairs pumping units; and refurbishes used pumping units. In addition, this segment designs, manufactures, installs, and services computer control equipment and analytical services for pumping units, as well as operates an iron foundry to produce castings for new pumping units. The Power Transmission segment designs, manufactures, and services speed increasing and reducing gearboxes for industrial applications. It also manufactures capital spares for customers in conjunction with the production of new gearboxes, as well as produces parts for after-market service. In addition, this segment provides on and off-site repair and service for its own products, and also those manufactured by other companies. The company operates in the United States, Europe, Canada, Latin America, the Middle East, and North Africa. Lufkin Industries was founded in 1902 and is based in Lufkin, Texas.
Key Statistics

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    CORPORATE GOVERNANCE 
    Lufkin Industries Inc.'s Corporate Governance Quotient (CGQ®) as of 3-Jan-10 is better than 32% of S&P 600 companies and 58.7% of Energy companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. John F. Glick , 57
    Chief Exec. Officer, Pres
    $ 1.18M $ 674.00K
    Mr. Christopher L. Boone , 41
    Chief Financial Officer, Principal Accounting Officer, VP and Treasurer
    $ 386.00K $ 644.00K
    Mr. Paul G. Perez , 64
    VP, Sec. and Gen. Counsel
    $ 497.00K $ 613.00K
    Mr. Scott H. Semlinger , 56
    VP of Manufacturing Technology
    $ 396.00K $ 574.00K
    Mr. Terry L. Orr , 65
    VP and Gen. Mang. of the Power Transmission Division
    $ 383.00K $ 838.00K
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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