FMC Technologies, Incorporated , is an American oil and gas equipment and services technology company. FMC Technologies was incorporated in 2000 when FMC Corporation divested its machinery businesses. FMC has its headquarters in northern Houston, Texas. FMC Technologies should not be confused with FMC Corp., which is a separate company, headquartered in Philadelphia, Pennsylvania. In August 1927, brothers Arthur and Kirby Pennick of Houston founded Oil Center Tool to produce pump liners and rods for the oilfields of East Texas. In 1930, O-C-T introduced a new type of casing head and tubing... head that was an immediate success. Shortly there after the company introduced the first factory-assembled and tested completion wellheads . At the time, Christmas trees were assembled and tested on-site: an expensive, time consuming, and dangerous practice. In 1956, two brothers Paulo and Antonio Viana, both commanders in the Brazilian Navy with experience in the Naval ship yard, went into private business together founding Mecanica CBV. CBV stood for the initials of their father’s name Carlos Barbosa Viana.
more
| NYSE symbol: | FTI |
| Headquarters: | Houston, Texas |
| Legal structure: | Public company |
| Annual revenue: | $4,550,900,000 |
| Net income: | $361,300,000 |
| Operating income: | $530,800,000 |
| Market cap: | $7,500,000,000 |
| Industries: | Oil and Gas Field Machinery and Equipment Manufacturing |