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Industrial Data Systems, Inc.

Abstract

Industrial Date Systems Corporation (IDS) is a Houston-based general engineering and services firm targeted toward the energy industry. Founded in 1985, the company has grown to annual revenues of 17millioninFY2000,sixtythreepercentfromengineeringandtheremainderfromitsmanufacturingandairhandlingdivisions.Recently,IDShasacquiredPetroconEngineering,amuchlargeroilfieldengineeringandservicesfromwithFY2000revenuesof17 million in FY2000, sixty-three percent from engineering and the remainder from its manufacturing and air handling divisions. Recently, IDS has acquired Petrocon Engineering, a much larger oilfield engineering and services from with FY2000 revenues of 68 million. Together, they potentially will be able to fully meet client need for both upstream and downstream engineering and services support in the oil/gas, refining, chemicals, and petrochemicals industries. Now they must make it work. (Contact author for a copy of the complete report.)Small Business Mgmt

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