Team Inc was founded in 1973 & incorporated in the State of Delaware. The company is a provider of specialty industrial services, including inspection and assessment, required in maintaining high temperature and high pressure piping systems and vessels that are utilized extensively in the refining, petrochemical, power, pipeline and other heavy industries. The company offers an array of complementary services including: Inspection and Assessment, Field Heat Treating, Leak Repair, Fugitive Emissions Control, Hot Tapping, Field Machining, Technical Bolting and Field Valve Repair. It offers these services in about 125 locations throughout the world. Its industrial services are available 24 hours a day, 7 days a week, and 365 days a year. It market its services to companies in a array of heavy industries which include the petrochemical, refining, power, pipeline, steel, pulp and paper industries, as well as municipalities, shipbuilding, original equipment manufacturers ("OEMs"), distributors, and some of the engineering and construction firms. The company operates in only one segments—the industrial services segment. Within the industrial services segment, it is organized as two divisions. Its TCM division provides the services of inspection and assessments and field heat treating. Its TMS division provides the services of leak repair, fugitive emissions control, hot tapping, field machining, technical bolting and field valve repair. Its operations are subject to foreign, federal, state and local laws and regulations. These regulations are administered by various foreign, federal, state and local health and safety and environmental agencies and authorities, including the Occupational Safety and Health Administration of the U.S. Department of Labor and the EPA.