VARCO CREATE DISTRIBUTOR
National-Oilwell Varco Inc., a leading provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services, formally announced the spin off of its DistributionNOW and Wilson Export brands into a new publicly-traded company to be called NOW Inc. on February 26, 2014 in a 10-12B filing with the U.S. Securities & Exchange Commission.
With a network of over 300 locations and 5,000 employees worldwide, NOW Inc. will be one of the largest distributors to the oil and gas industry with a 150 year history. These products include maintenance, repair and operating supplies, pipe, values, fittings, flanges, line pipe, electrical, artificial lift solutions, mill tools, safety supplies and…
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