Company Profile for Shumate Industries, Inc.Shumate Industries (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SHMT) serves the energy field services market through its Shumate Machine Works operating subsidiary An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. . With its roots going back more than 25 years, Shumate is a contract machining and manufacturing company utilizing state-of-the-art 3-D modeling software, computer numeric controlled ("CNC (Computerized Numerical Control) See numerical control. CNC - Collaborative Networked Communication ") machinery and manufacturing expertise to perform close tolerance and precision machining for energy field service applications. The diverse line of products Shumate manufactures includes expandable tubular launchers and liner hangers for oil & gas field service applications, blow-out preventers, top drive assemblies, directional drilling Directional drilling (sometimes known as slant drilling outside the oil industry) is the science of drilling non-vertical wells. Directional drilling can be broken down into three main groups: Oilfield Directional Drilling, Utility Installation Directional Drilling (commonly products, natural gas measurement equipment, control & check valves and sub-sea control equipment used in energy field service. Customers include Baker Hughes Baker Hughes NYSE: BHI is the world's third-largest oilfield services company behind Schlumberger & Halliburton, its main competitors. Baker Hughes provides the world's oil & gas industry with products and services for drilling, formation evaluation, completion and production. , BJ Services, Enventure GT, FMC See fixed mobile convergence. , Halliburton, Nabors, Shell, Varco and Weatherford. The Company employs about 40 people at its 23,000 square foot plant in Conroe, Texas, north of Houston.
Company: Shumate Industries, Inc.
Headquarters Address: 12060 FM 3083
Conroe, Texas 77301
Main Telephone: 936-539-9533
Website: www.shumateinc.com
Ticker: SHMT(OTCBB)
Type of Organization: Public
Industry: Energy
Earnings Release Dates: 1st Quarter: May 15, 2005
2nd Quarter: August 15, 2005
3rd Quarter: November 15, 2005
4th Quarter: April 15, 2005
Key Executives: CEO: Larry Shumate
COO: Russell Clark
CFO: Matthew Flemming
Investor Relations
Contact: Matt Flemming
Phone: 936-539-9533
Email: matt@shumateinc.com
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