July 11, 2014 6:41 AM ET

Machinery

Company Overview of Ariel Corporation

Company Overview

Ariel Corporation designs and manufactures gas compression equipment. The company offers reciprocating compressors, rotary compressors, process reciprocating compressors, and compressor parts; and Ariel performance software, a Windows based application that is designed for the selection of new gas compressor configurations or the evaluation of existing configurations. It also provides installation, operation, and troubleshooting services. The company’s products are used in various applications, such as air/nitrogen injection, acid gas injection, compressed natural gas, gas storage injection, gas turbine fuel booster, landfill gas, pipeline transmission, and refrigeration plants. Ariel Corpor...

35 Blackjack Road Ext

Mount Vernon, OH 43050

United States

Founded in 1966

Phone:

740-397-0311

Fax:

740-397-3856

Key Executives for Ariel Corporation

Chief Financial Officer
Age: 55
Managing Director of Latin America
Vice President of Human Resources
Executive Officer
Compensation as of Fiscal Year 2014.

Ariel Corporation Key Developments

Compass Compression Solutions Ltd Extends Distributorship Agreement with Ariel Corporation

Compass Compression Solutions Ltd. announced its extended Ariel Corporation distributorship agreement for cold weather compression packaging into the Northern USA. Ariel and Compass Compression have been working closely together with special consideration for each of these projects; this distributorship extension by Ariel streamlines the process and allows Compass Compression to provide customers an accelerated time to market.

Caterpillar Inc. and Ariel Corporation Create Joint Venture to Provide Complete Pressure-Pumping Solutions to Global Oil and Gas Customers

Caterpillar Inc. and Ariel Corporation announced the formation of a 50-50 joint venture that will provide well service pressure pumping products for customers in the global oil and gas industry. The combined venture, Black Horse LLC, also announced the acquisition of pump manufacturer ProSource of Houston, Texas. The acquisition of ProSource, which designs and manufactures reciprocating pressure pumps, enables Black Horse LLC to serve the well service market. Black Horse LLC will leverage Caterpillar and Ariel engineering and manufacturing expertise to expand ProSource's existing product line to better serve global oil and gas customers. Frac pumps sold through the combined venture will be branded and sold under the Cat name and distributed through the Cat dealer network. Under the arrangement, executives from Caterpillar's Marine and Petroleum Power Division and Ariel Corporation will jointly lead Black Horse LLC. The joint venture and integration of ProSource will result in important synergies, including leveraging the companies' existing product ranges, advanced technologies, research and development resources, and manufacturing, distribution and customer support capabilities. Black Horse LLC is headquartered in Houston, Texas.

Ariel Corporation Opens New Distribution Center

Ariel Corporation announced its opening last month of a new parts distribution center. The 58,000 square foot facility will increase Ariel's order processing efficiency and is expected to be a vital link in the evolution of Ariel's new unit and aftermarket parts distribution network. The new distribution center, located near Ariel's world headquarters in Mount Vernon, Ohio, was designed to consolidate finished goods from several of Ariel's facilities -- helping to reduce transportation costs for the company, while also increasing distribution efficiency and speed. The new distribution center also features offices for Ariel's Buyers, Spare Parts Technicians and supervisory staff. Ariel's Distribution Center features equipment and material handling technology. This new technology includes new storage layouts, including a 7,000 square foot mezzanine to assist with vertical storage, a new storage unit for valves, a 6,000 location flow rack, a spiral conveyor, and mobile scanners for all employees. This new order fulfillment system resulted in responsibility changes for Ariel's employees. In addition to the increase in efficiency, the new distribution center is also helping to maintain the standard Ariel has always represented: putting the customer first.

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