SLEMCO Purchases Knight Oil Tools Facility

Big news for SLEMCO after 82 years!

From SLEMCO’s Facebook page,

SLEMCO may be 82 years old, but we’re still growing! Since moving into our current location in 1973 (46 years ago), we’ve outgrown our existing headquarters facility and are busting at the seams. After many years of budgeting for and implementing infrastructure investment (new substations, transmission line upgrades and generally hardening our system to handle storm damage)each year, we were finally budgeting for a much needed expansion of office/training/warehouse facilities. Phase I of a ten-year plan of expansion on our headquarters campus was about to get underway when we learned about the availability of the former Knight Oil Tools facility, near the Lafayette airport, for just pennies on the dollar. After much due diligence, SLEMCO decided to purchase the Knight Oil Tools facility, which will provide for everything needed in our ten-year plan, all at one time, but at a fraction of the projected cost of the ten-year plan. The sale should be complete in about 60 days.

slemco knight oil

facebook.com/officialslemcopage

 

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