With the Singapore Roller Cone plant finally gone, the UK Stonehouse matrix PDC bit production now ceased (Which probably indicates the intention is to close Stonehouse completely at some point), looks like the latest management decision is to move everything back to the loss making and inefficient Conroe, TX plant. Well there is a plant in Saudi Arabia to pander to Aramco, but who in their right mind puts a manufacturing plant in Saudi to export to the world.
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The wrong guy is put in charge of EHO, it will be a sh– show soon...
From Saudi only Oil is interesting to us...all rest nobody will take...