Oklahoma City-based Kimray Inc. announced it has struck an exclusive distribution agreement with a leading Argentinean company with significant presence throughout the oil and gas value chain.
The deal is with Comsert Medicion and Control. The firm will distribute Kimray’s line of regulators, control valves, glycol pumps and liquid level controls in Argentina, Chile and Bolivia.
Comsert specializes in supplying equipment and services for measurement and control of liquids and gases. It’s been in the Argentinean and South american market since 1997. The agreement could be an obvious boost in business for Kimray, a firm that last summer cut 120 workers from its payroll because of slumping energy prices. They were the second round of layoffs in 2016, leaving the company with a workforce at the time of about 350 workers.
“We look forward to a successful partnership with Comsert as we work together to provide solutions to the oil and gas market in South America,” said Dustin Anderson, vice president of sales and marketing at Kimray. “We are excited about this step in our strategic vision to enhance and affect more lives across the globe.”
This endeavor goes hand-in-hand with Kimray’s vision to grow as oil and gas prices gradually increase. Kimray’s agreement with Comsert emphasizes a commitment to continued revenue growth and increased market share for Kimray product lines. This partnership solidifies Kimray’s distribution network and firmly establishes the brand’s presence in all major oil and gas plays in Argentina, including the prolific Vaca Muerta shale basin.