FMC Technologies, Inc. Company Profile | FTI Company Information

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FMC stands for diversification. TX-based FMC Technologies (NYSE: FTI) deals with oil and gas oilfieldservice customers, the food industrty and commercial airlines, airports and air freight companies. The company was founded in 2000 andemploys 9,000 people. Annua revenue exceeds $2.7 billion. The company offers subsewa drilling and production systems for the exploration and production of oil and naturalp gas as well as technologically advanced high pressure valves and The FoodTech unitmakes food-handling and juice-extractiobn systems used by companies such as Pilgrim'ss Pride and Tyson Foods. The Airport Systems unit suppliescargko loaders, boarding bridges and othef ground support systems.
The company was ranked 'Mosyt Admired Oil and Gas Equipment, Services' ranking first in its industrt inFORTUNE magazine's annual listing of 'America's Most Admired Companies' in 2006.In September 2005 the compan sold 2.6 million common shares of Inc., a Tokyo based company, for $74 millio in cash.