Parco Acquires Double E
After a record year in orders and shipments in 2010, Parco is on pace for another record year in 2011. To further increase sales, Parco acquired Double E on December 2, 2011.
The combination of Parco and Double E creates one of North America’s largest companies supplying rubber seals and machined parts to the oil field machinery industry.
Double E will continue to operate from its current facility in Dallas, Texas. All Double E employees will remain active in the business to ensure that Double E customers continue to receive excellent service.
About Parco, Inc.
Parco is a leading manufacturer of molded rubber seals for the oil field machinery, motor vehicle, aerospace and defense, and water filtration industries. Founded in 1941, Parco was the first manufacturer to specialize in O-rings, still the company’s primary product. Parco also makes custom molded rubber products, including rubber-to-metal bonded parts. In addition, the company imports and resells molded rubber seals. Parco has a modern 154,000 square foot facility in Ontario, California and 250 employees.
About Double E, Inc.
Double E is a leading manufacturer of production tools, custom molded rubber seals, and custom machined parts for the oil field machinery industry. The company operates from a 30,000 square foot facility in Dallas, Texas and has 50 employees.