T-3 Energy Services Inc.

John Wolz

2001 Revenue$90,162,000
2000 Revenue $25,683,000
2001 Closing Price10.75
2000 Closing Price16.625

T-3 Energy Services replaces Industrial Holdings Inc., but with fewer fastener businesses than IHII had. Walker Bolt/Ameritech, Lonestar Screw and A&B Bolt are now part of T-3.
Prior to being absorbed by T-3, Industrial Holdings sold Landreth Metal Forming Inc. and the American Rivet, Ideal Products and Orbitform parts of its Engineered Products Group. The divestitures were made to reduce IHII�s debt in preparation for the merger.
Today T-3 is focused on the oil and gas industry.
First Reserve Fund VIII L.P. owns more than 75% of T-3.
T-3 Energy provides oilfield products and services to major and independent oil and gas companies engaged in exploration, production and development in the Gulf of Mexico and onshore drilling and well servicing, petrochemical and refinery operators, shipyards and offshore fabrication companies in the Gulf Coast region.

Headquarters: 13111 NW Fwy. #500, Houston, TX 77040. Tel: 713 996-4110 Fax 713 996-4123 E-mail: info@t3energyservices.com
Web: t3energyservices.com
NASDAQ Symbol: TTES
CEO: Michael Stansberry
Investor Relations: Michael Mino
Key fastener executives: Calvin Remmert, Walker/Ameritech
Employees: 1,044 \ �2002 FastenerNews.com