Scuttlebutt is Eldridge will be shut down. Once top employees will transfer to other plants.
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Yes we purchased Trican Well Services.
Wait, I retract the statement about thinking that NOV would be bought out. I was just going on what was posted months ago, and now I see that the company has purchased a new business. None of my business anymore since I was laid off months ago. Carry on...
I just get this feeling that NOV will be bought out, so it really doesn't matter that they are losing so many people. The acquiring company will keep their people.
SHP got hit 19 June. 48 laid off with 92 left. With all this talent gone, what will NOV do if it ever gets busy?
It's just a matter of time before it happens. It will happen to other plants also.