HOUSTON--(BUSINESS WIRE)--Apr. 6, 2017--
NOW Inc.’s (NYSE:DNOW) U.S. subsidiary DNOW L.P. is proud to announce
its Exclusive International Distribution Agreement with Kimray Inc.
DistributionNOW will distribute and service Kimray’s industry leading
line of regulators, control valves, glycol pumps, and liquid level
controls across the eastern hemisphere.
Robert Workman, President and CEO of NOW Inc., remarked, “The control
valve technology and market has seen steady growth throughout the world
and is an integral part of many modern process facilities. We are
excited to expand our decades-long relationship with Kimray in North
America to include exclusive distribution rights in the major
international oil and gas markets. Kimray is the premier manufacturer of
control products applied extensively in production and processing
facilities, and we believe this expansion of our partnership will
enhance both organizations’ ability to meet the flow control needs of
our customers globally.”
“Kimray is grateful for the international partnership that is beginning
with DistributionNOW as we look to leverage their supply chain and
customer service expertise to make a difference in the lives of more
customers,” said Dustin Anderson, Vice President of Sales and Marketing
at Kimray Inc. “We are excited about this step in our strategic vision
and look forward to a long and mutually beneficial partnership with
DNOW. This endeavor goes hand-in-hand with Kimray’s vision to grow sales
through market diversification. Kimray’s agreement with DNOW emphasizes
a commitment to continued revenue growth and increased market share for
Kimray product lines. This partnership solidifies Kimray’s distribution
network and firmly establishes brand presence in major oil and gas plays
across the globe.”
NOW Inc. is one of the largest distributors to energy and industrial
markets on a worldwide basis, with a legacy of over 150 years. NOW Inc.
operates primarily under the DistributionNOW and Wilson Export brands.
Through its network of approximately 300 locations and 4,500 employees
worldwide, NOW Inc. offers a comprehensive line of products and
solutions for the upstream, midstream and downstream energy and
industrial sectors. Our locations provide products and solutions to
exploration and production companies, energy transportation companies,
refineries, chemical companies, utilities, manufacturers and engineering
and construction companies.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170406005141/en/
Source: NOW Inc.
Daniel Molinaro, 281-823-4941