May 22, 2013 6:41 PM ET

Machinery

Company Overview of LeTourneau Technologies, Inc.

Company Overview

LeTourneau Technologies, Inc. engages in the design, manufacture, and implementation of equipment and products for mining, steel, and forestry markets worldwide. The company’s mining products and services include diesel electric loaders and dozers; switched reluctance motors and drives; and technical maintenance and operator training courses for machine operators and maintenance personnel. Its steel products comprise alloy and carbon steel plates, alloy and mold steel products, and specialty steel products and services; and forestry products consist of log stackers and jib cranes to meet the material handling needs of the forestry industry. The company also manufactures jack-up rigs and anci...

Detailed Description

2400 South MacArthur Street

Longview, TX 75602

United States

Founded in 1929

Phone:

903-237-7000

Fax:

903-237-7032

www.letourneautechnologies.com

Key Executives for LeTourneau Technologies, Inc.

President
Age: 64
Senior Vice President of Dealer Operations and General Manager of Dealer Operations
Chief Engineer of Offshore Products
General Manager of Forestry Products
General Manager of Australian Dealer Group
Compensation as of Fiscal Year 2012.

LeTourneau Technologies, Inc. Key Developments

LeTourneau Technologies, Inc. Announces Unaudited Earnings Results for the Fourth Quarter and Year Ended October 26, 2012

LeTourneau Technologies, Inc. announced unaudited earnings results for the fourth quarter and year ended October 26, 2012. For the quarter, net sales were $129.0 million against $101.6 million a year ago. Operating profit was $30.0 million against $23.6 million a year ago. For the year, net sales were $451.4 million against $144.9 million a year ago. Operating profit was $87.4 million against $32.0 million a year ago.

LeTourneau Technologies, Inc. Announces Distribution Agreement to be Discontinued with Wajax Corporation, Effective April 27, 2012

Wajax Corporation announced that it has reached an agreement with LeTourneau Technologies, Inc. providing for the dealer agreement relating to Wajax's distribution of LeTourneau mining equipment and parts products in Canada to be discontinued effective April 27, 2012.

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