Market Overview

UPDATE: Cat, Ariel JV Announce Purchase of ProSource, to Provide Complete Pressure-Pumping Solutions

Related CAT
Epic Earnings: Many US Companies Beating Expectations As Season Continues
Caterpillar's (CAT) Q3 Revenue Falls Short
The Vetr community has upgraded $CAT to 3-Stars. (Vetr)

Caterpillar Inc. (NYSE: CAT) and Ariel Corporation announced today the formation of a 50-50 joint venture that will provide well service pressure pumping products for customers in the global oil and gas industry.  The combined venture, Black Horse LLC, also announced the acquisition of pump manufacturer ProSource of Houston, Texas.

Posted-In: News M&A


Related Articles (CAT)

View Comments and Join the Discussion!