BNET Industries

Stewart & Stevenson Services Inc.

is in the Manufacturing Industry

Last Fiscal Year Sales:$726.3M

Private
US

Dow Jones Description

Stewart & Stevenson knows military & industrial equipment assembly. Founded in 1902 and headquartered in Houston, TX, Stewart & Stevenson Services, Inc. (NYSE: SVC) manufactures military and industrial equipment. The company operates in three segments: Tactical Vehicle Systems, Power Products, and Engineered Products. It assembles and provides various design and support services for the Family of Medium Tactical Vehicles (FMTV) and for military and defense contractors. It sells and rents equipment, components, accessories, and parts, and provides equipment repair services. It also makes and markets pump packages, marine propulsion systems, generator sets, coil tubing, acidizing, fracturing, snow removal equipment, and seismic equipment systems. The company has annual revenue of about $726 million and employs more than 2,000 people. In January 2006, it completed the sale of its Engineered Products Division and Power Products Division to Mr. Hushang Ansary, who has formed Stewart & Stevenson LLC to own and operate those businesses.

Number of Employees 1,245

Contact Information

2707 North Loop W

PO Box 1637

Houston, Texas 77008-1051

www.ssss.com

(713) 868-7700

Peer Companies

NAICS Code Turbine and Turbine Generator Set Units Manufacturing: 333611

Company News

News & Analysis

stewart & stevenson services inc. - All News and Analysis

Armor Holdings, Inc. Announces Agreement to Acquire Stewart & Stevenson Services, Inc - Research and Markets Offers a Transcript of 'Armor Holdings, Inc.' Conference Call

- 2006-02-27

DUBLIN, Ireland -- The Armor Holdings, Inc. (NYSE:AH) Corporate Conference Call took place on 27-Feb-06 11:00am ET. AH announced that it has signed a definitive merger agreement to acquire Stewart & Stevenson Services, Inc. AH has agreed to pay $35 per share in cash for the business and plans...

Tags: Armor Holdings Inc., Stewart & Stevenson Services Inc.
Stewart & Stevenson Services, Inc

- 2005-11-01

Stewart & Stevenson Services, Inc. said it will sell substantially all of its Engineered Products Division to Hushang Ansary, a Houston oil industry entrepreneur and philanthropist, for cash consideration of approximately $60 million subject to adjustment based on assets delivered at closing. The Engineered Products segment is involved in...

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Stewart & Stevenson Services Inc

- 2005-06-01

Stewart & Stevenson Services Inc. said it has acquired the outstanding shares of Automotive Technik Holdings Limited ATL, a United Kingdom-based manufacturer of the Pinzgauer light utility military vehicle, for approximately $47.2 million in cash and deferred consideration. The Pinzgauer vehicle is described as a mobile light utility vehicle, with...

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Stewart & Stevenson Services Inc.(Business Buzz)(agreement to sell)(Brief Article)

- 2005-02-01

Stewart & Stevenson Services Inc. announces it has entered into a definitive agreement to sell substantially all of the assets of its airline products business headquartered in Marietta, GA, to Jacobson Partners, a New York private equity firm. The consideration for the acquired assets will be...

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Zacks.com Featured Expert Kevin Matras Highlights the Following Stocks: Microvision, Inc., PolyMedica Corporation and Stewart & Stevenson Services

- 2004-06-16

CHICAGO -- Zacks.com releases it's exclusive Screen of the Week report that highlights another successful stock picking strategy developed with their Research Wizard software. Kevin Matras goes over some of the basics of Technical Analysis. Learn how to screen with Moving Averages and Rising Volume for finding winning stocks. And...

Tags: PolyMedica Corp., Stewart & Stevenson Services Inc.

Stewart & Stevenson Services, Inc. announced today that it has acquired Davco Industries - Business Notes - Brief Article

- 2003-02-01

Stewart & Stevenson TUG, Marietta, Ga., a division of Stewart & Stevenson Services, Inc. announced today that it has acquired Davco Industries, Casper, Wyo. Davco Industries, which has annual revenues of nearly $4 million, is a manufacturer of aviation ground support equipment that includes 400 Hz and 28 Vd.c. ground...

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Stewart & Stevenson Services Inc

- 2002-11-01

Houston-based Stewart & Stevenson Services Inc.'s CEO Michael Grimes has assumed the additional role of president of the Power Products Division PPD. Senior Vice President Richard Wiater has been named COO of the PPD.

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Stewart & Stevenson Services Inc - Newsmakers - Michael Grimes appointment - Brief Article

- 2002-11-01

Michael Grimes -- to assume the additional role of president of the Power Products Division at Stewart & Stevenson Services Inc., Grimes is currently the CEO of the company. Additionally, Richard Wiater has been named chief operating officer of the Power Products Division.

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Stewart & Stevenson Services Inc. has been selected by Saulsbury Fire Rescue Inc - Powerlines - to produce five ton truck platforms - Brief Article

- 2002-09-01

Stewart & Stevenson Services Inc. has been selected by Saulsbury Fire Rescue Inc. to produce five ton truck platforms for use in firefighting service. Saulsbury will add firefighting equipment to Stewart & Stevenson's world-class FMTV chassis, and the trucks will be used for off-road brush firefighting in south Texas.

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Houston-Based Stewart & Stevenson Took Blacksmithing into Business History.

- 2002-04-10

By Nelson Antosh, Houston Chronicle Knight Ridder/Tribune Business News Apr. 10--One hundred years ago, blacksmith C. Jim Stewart and carriage maker Joe R. Stevenson put $300 each into a business on Congress at Preston they called a "carriage repair and horseshoeing...

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