Dresser Inc.

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Dresser, Inc., based in Addison, Texas (a northern suburb of Dallas), is a privately held manufacturer and marketer of highly engineered equipment and specialized services sold primarily to customers in energy-related industries.

On 10 April 2001 the Dresser Industries division (excluding the former Kellogg division) entered an agreement to separate itself from the Halliburton Company by management purchasing its equity, the new company to be called Dresser, Inc.

The new Dresser is 90% owned by First Reserve Corporation (U.S. based investment firm). It is planning a new IPO for the summer of 2005.

Dresser, Inc. sells, services, and supports products that include actuators, valves, meters, instruments, regulators, switches, natural gas fueled engines, piping specialties, retail fuel dispensers, blowers, and outdoor payment and point-of-sale systems.

Dresser operates in three principal business segments: Measurement Systems, Flow Solutions, and Power Systems. The company's marketed brands are mainly under the trade names Ashcroft, Consolidated, Grove, Heise, Masoneilan, ROOTS, Waukesha engines, and Wayne.