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Tuesday, June 21, 2011

How Fast Are Things Moving In Williston? -- Heart of the Bakken, North Dakota, USA

Williston-based Grizzly Wire purchased by a Texas oil services company.

Williston-based Grizzly Wire has had a long and distinguished presence in Williston. It opened its doors in 2007.

Link here.

Kind of reminds me of "Buck" Scheele who started his roughnecking days in the Williston Basin back in 1952, built up a highly successful oil services company, and sold out in 2011.

Yup, things are moving really, really fast in the heart of the Bakken.

Since the link is a regional link that will break, here's the crux of the story:
Williston company Grizzly Wire Rope and Chain was acquired last week by Delta Rigging and Tools, Inc. of Pearland, Texas.

Delta Rigging and Tools is the largest U.S. provider of lifting products and services, providing items including hoists, winches, and wire ropes.

Delta R&T was founded in early 2008, and has 12 sales and services facilities and two distribution centers around the country.
Grizzly Wire Rope and Chain opened in 2007. The company will become part of Delta R& T, and employees will remain on the job.  Steward Vachal was the primary shareholder in Grizzly Wire Rope and Chain. Wow, what a great name.

When Southwestern Bell (San Antonio, TX) bought ATT, the former chose to take the "old" ATT name. I sorta wish Delta would have taken the "Grizzly" name. There's a lot in a name. My dental insurer is Delta Dental, for example. Somehow, I wouldn't want Grizzly Dental to take care of my teeth.

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