MISSOURI CITY, Texas, Nov. 2, 2020 /PRNewswire/ -- Lufkin Industries ("Lufkin"), a portfolio company of KPS Capital Partners, LP ("KPS"), announced today that it has completed the acquisition of ...

General Electric Co. is buying manufacturer Lufkin Industries for $3.3 billion, further expanding its oil field equipment portfolio. The deal reflects GE's efforts to stake out its share of the ...