Barbco, Inc. posts 1Q21 financial results
Published by Aimee Knight,
Editorial Assistant
World Pipelines,
Despite the ongoing global COVID19 pandemic, the team at Barbco, Incorporated has pulled together and produced record setting financial results for the first quarter of 2021. Barbco is the recognised leader in the manufacturing of world class capital equipment for the trenchless excavation and underground manufacturing markets.
In fact, there were strong sales of its Auger Boring Machines, Pathfinder 500, FlexBor tools, and bentonite pumps internationally and domestically. Moreover, Barbco had strong increases in parts sales and service calls. Lastly, Barbco capital equipment has been deployed to Australia, North America, Europe, and Central America in the first quarter.
In order to meet this demand, Barbco has added to its highly skilled team of machinists, welders, fabricators, and assemblers. “I am so very proud of the way our manufacturing team has stepped up in these very challenging times to produce machines to meet and exceed customer demand,” said Dave Barbera, President and Co-owner.
Barbco continues its relentless pursuit and commitment to build environmentally safe and innovative equipment. To that end, Barbco also received yet another patent for the technologically advanced and environmentally safe FlexBor tooling and technology.
Read the latest issue of World Pipelines magazine for pipeline news, project stories, industry insight and technical articles.
World Pipelines’ April 2021 issue
The April issue of World Pipelines includes a regional report on oil and gas pipeline activity in the Gulf of Mexico, along with technical articles on corrosion prevention, unpiggable pipelines and repair and rehabilitation. Don’t miss the article on hydrogen pipelines!
Read the article online at: https://www.worldpipelines.com/business-news/23042021/barbco-inc-posts-1q21-financial-results/
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