Caterpillar & Ariel Corp. Create Joint Venture to Provide Pressure-Pumping Products to Oil & Gas Customers

Dec. 6, 2012

Caterpillar Inc. and Ariel Corporation announced the formation of a 50-50 joint venture that will provide well service pressure pumping products for customers in the global oil and gas industry. The combined venture, named Black Horse LLC, also announced the acquisition of pump manufacturer ProSource of Houston, Texas.

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