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FMC Technologies Finalizes Acquisition of Direct Drive Systems, Inc.

Nov 05, 2009 (Close-Up Media via COMTEX) --

Company: FMC Technologies, Inc. (FTI)

FMC Technologies, Inc. announced that it has completed the acquisition of Direct Drive Systems, Inc. (DDS).

Based in Fullerton, California, DDS is a company focusing on the development and manufacture of high-performance permanent magnet motors and bearings for the oil and gas industry.

FMC Technologies, Inc. is a global provider of technology solutions for the energy industry and other industrial markets. The Company designs, manufactures and services technologically advanced systems and products such as subsea production and processing systems, surface wellhead systems, high pressure fluid control equipment, measurement solutions, and marine loading systems for the oil and gas industry.

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Company: FMC Technologies, Inc. (FTI)


Related terms: acquisition, california, gasoline, industrial, manufacturer, marine, products, technology

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