Thread regarding Dril-Quip Inc. layoffs

40th Anniversary

40 next year and most of the people that made it happen will not be there to mark the mile stone.

Chronology Key Dates

1981 Dril-Quip is founded in Texas by four partners.1983 The company forms a European division in Aberdeen, Scotland.1986 Dril-Quip opens a sales and service office in the Netherlands.1990 The company establishes a sales, service, and manufacturing facility in Singapore.1991 A second manufacturing facility near Houston begins construction.1994 A new office is established in Esbjerg, Denmark.1997 Dril-Quip reincorporates in Delaware and goes public.2005 Three new products are introduced to great success.2006 Dril-Quip celebrates its 25th anniversary.

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| 1351 views | | 4 replies (last August 13, 2020) | Reply
Post ID: @OP+168hZLqu

4 replies (most recent on top)

I wasted a lot of years with DQ trying to make a positive impact. Never have a bean counter try to run manufacturing. With their new restructuring, their only saving grace they continue to sell off assets to make the bottom line look presentable. I would say by the end of the third quarter 2021 the game will be over and some company will buy DQ for a song. The dream of Gary, Mike, and Larry will be gone forever.

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Post ID: @iqoy+168hZLqu

None more sadder that Larry, Gary and Mike who are currently spinning in their graves

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Post ID: @1gmv+168hZLqu

2021 Aberdeen, Scotand R.I.P.

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Post ID: @czf+168hZLqu

Yes it’s sad it has come to this, the downturn and what seems like a self destruct button has been activated by those in higher positions within,and those that follow them. I worked here for a decade, and DQ brought me a good living and a wealth of experience, sad times my friends, good luck to all for the future.

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Post ID: @fbs+168hZLqu

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