LUFKIN, Texas, Nov. 6 /PRNewswire-FirstCall/ -- Lufkin Industries, Inc.
(Nasdaq: LUFK) today announced that the Board of Directors has declared a
fourth quarter cash dividend of $0.25 per share on its common stock. The
dividend will be paid on December 10, 2008, to shareholders of record on
December 1, 2008.
Lufkin Industries, Inc. sells and services oil field pumping units,
foundry castings and power transmission products throughout the world. The
Company has vertically integrated all vital technologies required to design,
manufacture and market its products
This release may contain certain forward-looking statements, including by
way of illustration and not of limitation, statements relating to liquidity,
revenues, expenses and margins. The Company strongly encourages readers to
note that some or all of the assumptions, upon which such forward-looking
statements are based, are beyond the Company's ability to control or estimate
precisely and may in some cases be subject to rapid and material changes.
Contact: Christopher L. Boone
Chief Financial Officer
936-631-2749
DRG&E:
Jack Lascar / 713-529-6600
Anne Pearson / 210-408-6321
SOURCE Lufkin Industries, Inc.
