Dresser-Rand Group, Inc.
| New York Stock Exchange: DRC
Dresser-Rand Group, Inc. is a global supplier of custom-engineered rotating equipment solutions for long-life, critical applications in the oil, gas, chemical, petrochemical, process, and power, military and other industries worldwide. It is engaged in the design, manufacture, sale and servicing of centrifugal and reciprocating compressors, gas and steam turbines, gas expanders, gas engines and associated control panels. The company operates through two segments: New Units and Aftermarket Parts and Services. The New Units segment manufactures highly-engineered turbo and reciprocating compression equipment and steam turbines. This segment includes engineering, manufacturing, project management, packaging, testing, sales and administrative support. The Aftermarket Parts and Services consist of support solutions for the existing population of installed equipment and the operation and maintenance of several types of energy plants. The segment includes engineering, manufacturing, project management, installation, commissioning, start-up and other field services, repairs, overhauls, refurbishment, sales and administrative support. Dresser-Rand Group was founded in October 2004 and is headquartered in Houston, TX.