HOUSTON, Feb. 5 /PRNewswire-FirstCall/ -- NATCO Group Inc. announced today that Allan Lindsay has joined the Company as Vice President -- Global Procurement and Supply Chain Management.
John U. Clarke, Chairman and Chief Executive Officer of NATCO said, "We are pleased to announce Allan's appointment to head NATCO's global procurement function and supply chain management. His experience and proven capabilities will be a significant benefit to accelerate our ongoing efforts to improve the efficiency of our systems and processes."
Mr. Lindsay joins NATCO from Vetco Gray where he was Director of Supply Management/Six Sigma. He has more than 20 years experience in the procurement and materials management area in the oil and gas industry and in information technology.
Mr. Lindsay earned a degree in Mechanical Engineering from Napier University and a diploma in Management Studies from West Lothian College, both in Scotland.
NATCO Group Inc. is a leading provider of wellhead process equipment, systems and services used in the production of oil and gas. NATCO has designed, manufactured and marketed production equipment and services for nearly 80 years. NATCO production equipment is used onshore and offshore in most major oil and gas producing regions of the world.
Statements made in this press release that are forward-looking in nature are intended to be "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and may involve risks and uncertainties. Forward looking statements in this press release include, but are not limited to, revenue, earnings and segment profit guidance and discussions regarding hurricane impacts, markets and demand for our products. These statements may differ materially from actual future events or results. Further, bookings and backlog are not necessarily indicative of future results. Readers are referred to documents filed by NATCO Group Inc. with the Securities and Exchange Commission, including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which identify significant risk factors that could cause actual results to differ from those contained in the forward- looking statements.