FMC Technologies Named FORTUNE’s Most Admired Oil and Gas Equipment, Services Company
Houston, Texas, March 06, 2008
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FMC Technologies, Inc. (NYSE: FTI) announced today that it has been selected by FORTUNE Magazine as the most admired company in the Oil and Gas Equipment, Services industry for 2008. This is the third time in the last four years that the Houston-based energy technology provider has received the top FORTUNE honor.
FORTUNE Magazine assessed companies in 64 industry sectors to arrive at the 2008 rankings. Companies were judged on eight categories, including management and financial strength, product quality, innovation and social responsibility. FMC Technologies’ overall score was the third highest among the 317 companies that appeared on this year’s list. In addition to earning the #1 ranking in the Oil and Gas Equipment, Services industry, FMC Technologies was the highest rated of 61 Texas-based companies and was #1 among the 25 Houston-based companies.
“Our appearance as the top company in our industry, our state and our home city is a result of the daily efforts and work ethic of our 13,000 employees worldwide,” said Peter Kinnear, president and chief executive officer of FMC Technologies. “Our people and our technologies uniquely position us in our industry and we’re proud to receive this recognition from our peers.”
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FMC Technologies, Inc. (NYSE:FTI) is a leading global provider of technology solutions for the energy industry and other industrial markets. The Company designs, manufactures and services technologically sophisticated 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. The Company also produces food processing equipment for the food industry and specialized equipment to service the aviation industry. Named by FORTUNE Magazine as America’s Most Admired Oil and Gas Equipment, Service Company in 2005, 2006 and 2008, FMC Technologies employs approximately 13,000 people and operates 33 manufacturing facilities in 19 countries. For more information visit www.fmctechnologies.com.