Last $37.81 USD
Change Today -0.01 / -0.03%
Volume 11.2K
TISI On Other Exchanges
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As of 10:58 AM 06/19/13 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

13131 Dairy Ashford

Suite 600

Sugar Land, TX 77478

United States

Phone:

Fax:

www.teamindustrialservices.com

Team, Inc. provides specialty industrial services required in maintaining high temperature and high pressure piping systems and vessels. Services The company offers a range of complementary services, including inspection and assessment, field heat treating, leak repair, fugitive emissions control, hot tapping, field machining, technical bolting, and field valve repair. Inspection and Assessment Services The company offers inspection and evaluation of piping, piping components, and equipment to determine the present condition and predict remaining operability. Its inspection services use all the common methods of non-destructive testing, including radiography, ultrasound, magnetic particle and dye penetrate, higher end robotic, and advanced technology systems. Majority of the visual inspection programs it provides require specialized training to industry and regulatory standards. Inspection services are marketed to its traditional industrial customer base, and customers outside its traditional customer base, such as the aerospace and automotive industries. Field Heat Treating Services The company’s field heat treating services include electric resistance and gas-fired combustion, primarily utilized by industrial users to improve the metallurgical properties of their process piping and equipment. Electric resistance heating is the transfer of high energy power sources through attached heaters to the plant component to preheat weld joints, to remove contaminates and moisture prior to welding and post-weld heat treatments to relieve metal thermal stresses induced by the welding process. Specialty heat treating processes are performed using gas-fired combustion on pressure vessels for stress relieving, to bake specialty paint coatings and controlled drying of abrasion and temperature resistant refractories. Special high frequency heating, commonly called induction heating, is used to expand metal parts for assembly or disassembly, expansion of bolting for industrial turbines and stress relieving projects. Leak Repair Services The company’s leak repair services consist of on-stream repairs of leaks in pipes, valves, flanges, and other parts of piping systems and related equipment. Its on-stream repairs utilize both standard and custom-designed clamps, and enclosures for piping systems. The company uses primarily developed techniques, sealants, and equipment for repairs. Majority of its repairs are furnished as interim measures, which allow plant systems to continue operating until various permanent repairs could be made during plant shut downs. The company’s leak repair services involve inspection of the leak by its field crew who records pertinent information about the faulty part of the system and transmits the information to its engineering department for determination of appropriate repair techniques. Repair materials, such as clamps and enclosures are custom designed and manufactured at its ISO-9001 certified manufacturing centers and delivered to the job site. The company maintains an inventory of raw materials, and semi-finished clamps and enclosures to reduce the time required to manufacture the finished product. Fugitive Emissions Control Services The company provides fugitive volatile organic chemical (VOC) emission leak detection services that include identification, monitoring, data management, and reporting primarily for the chemical, refining, and natural gas processing industries. These services are designed to monitor and record VOC emissions from specific process equipment and piping components as required by environmental regulations and customer requests, assisting the customer in improving an ongoing maintenance program and/or complying with present and/or future environmental regulations. The company provides specialty trained technicians in the use of portable organic chemical analyzers and data loggers to measure leaks at designated plant components maintained in customer or its proprietary databases. The measured data is used to prepare standard reports in compliance with the U.S. Environmental Protection Agency (EPA) and local regulatory requirements. The company also provi

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Industry Analysis

TISI

Industry Average

Valuation TISI Industry Range
Price/Earnings 22.9x
Price/Sales 1.1x
Price/Book 2.8x
Price/Cash Flow 22.4x
TEV/Sales 0.9x
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