Welter Martin

Dresser-Rand Group, Inc. manufactures rotating equipments for oil, gas, petrochemical, and process industries. It is engaged in the design, manufacture, sale and servicing of centrifugal and reciprocating compressors, gas and steam turbines, gas expanders and engines and associated control panels. The firm operates through two segments: New Units and Aftermarket Parts and Services. The New Units segment manufactures highly-engineered turbo and reciprocating compression equipment and steam turbines. This segment includes engineering, manufacturing, project management, packaging, testing, sales and administrative support. The Aftermarket Parts and Services consist of support solutions for the existing population of installed equipment and the operation and maintenance of several types of energy plants. The segment includes engineering, manufacturing, project management, installation, commissioning, start-up and other field services, repairs, overhauls, refurbishment, sales and administrative support. The company was founded in October 2004 and is headquartered in Houston, TX.