Mason Capital Consortium to Acquire CB&I

Zeeco has acquired Devco Process Heaters, a Tulsa-based fired-heater design and technology company. The move strengthens Zeeco’s position in the United States midstream oil and gas market. Through its newly expanded capabilities, Zeeco will be a comprehensive single-source provider not only of combustion equipment but also of installation, field service, construction, and aftermarket solutions. Combined with Zeeco’s industry-leading, company-owned manufacturing facilities, this acquisition ensures fast, reliable, and cost-effective delivery of complete combustion equipment solutions. The acquisition included Devco Heaters’ brand, existing products, and expertise. All former Devco Heaters employees, including owner Jeff Hutsell, have been integrated into new and expanded […]