Robbins & Myers Announces Formation of New Business Unit, R&M Energy Systems

Robbins & Myers, Inc., recently announced the formation of "R&M Energy Systems." The new unit is a result of a merger between the company's Moyno Oilfield Products and Flow Control Equipment business units. R&M Energy Systems, headquartered in Houston, Texas, will represent approximately 23% of the company's revenues. The unit will be responsible for manufacturing and marketing the company's products for oil and gas exploration and production, as well as niche industrial markets. These include power sections for directional drilling applications, progressing cavity pumps used in artificial lift, wellhead equipment, pipeline closures, rod guides and valves.

Along with the cost reductions that the consolidation will allow, customers will also benefit by R&M's ability to satisfy equipment needs as a system rather than as individual components, according to Daniel W. Duval, president and chief executive officer.

Saeid Rahimian has been appointed vice president and general anager of R&M Energy Systems. He joined Robbins & Myers in 1982 as a project engineer and most recently was general manager of Moyno Oilfield Products. Saeid is a graduate of Ohio State University with both a bachelor and master's degree in mechanical engineering.

Along with the new product introductions, the company hopes that stricter expense control efforts will counter weaknesses in certain market segments.

Robbins & Myers, Inc. is an international manufacturer and marketer of fluid management products and systems serving the process industries including: specialty chemicals, pharmaceutical, oil and gas exploration and production, wastewater treatment, food and beverage, and pulp and paper. Headquartered in Dayton, Ohio, the company has facilities in the United States, Canada, Europe, Brazil, Mexico, Singapore and joint ventures in China, India and Taiwan.