Texas Honing

Texas Honing specializes in precision machining services, focusing on honing, boring, and CNC machining for the oil and gas industry, ensuring high-quality components tailored to client specifications. Texas Honing, Inc. provides custom precision machining services with a focus on honing, drilling, and CNC machining. Founded by Merryn Roe, the company is based in Pearland, US.

In October 2012, Texas Honing was acquired by Precision Castparts, enhancing its capabilities and market presence in the oil and gas sector. The company has completed 2 deals to date, with its most recent deal happening on October 7, 2012. Texas Honing, Inc. specializes in providing precision machining services primarily focused on honing, boring, trepanning, drilling, turning, gun drilling, CNC machining, and straightening.

With over 60 years of experience, the company has developed capabilities to deliver finished tubular products tailored to meet close tolerances required in drilling, completion, and production applications. Their product offerings are directed towards a diverse client base, including manufacturers and service providers in the oil and gas industry, where high-quality, reliable components are crucial. Texas Honing operates three facilities, each designed to optimize throughput and accommodate a wide range of specifications, from parts as small as 0. 590 inches to large components reaching up to 720 inches in length.

The company serves a global market, ensuring that its precision products meet the stringent demands of both domestic and international clients. Texas Honing generates revenue through direct business-to-business transactions with its clients, focusing on customized machining services rather than mass-produced items. The company engages in contractual agreements, where clients provide specifications for projects that can range from single part machining to complete turnkey solutions. Revenue is accrued as customers place orders for a variety of services, including honing, trepanning, and drilling, each tailored to specific project needs.

The pricing structure is generally determined by the complexity of the machining required and the volume of the order, allowing flexibility in accommodating various client budgets. Given the specialized nature of its services, Texas Honing's revenue streams are closely tied to the ongoing demand for precision machined components within industries requiring high-quality engineering and manufacturing. Texas Honing plans to leverage its recent acquisition by Precision Castparts to broaden its market presence in the oil and gas sector. The acquisition aims to enhance operational capabilities and facilitate entry into new geographic markets.

The company is focused on expanding its product offerings and developing new machining solutions tailored to industry demands. Texas Honing intends to utilize the resources and support from Precision Castparts to implement these initiatives effectively.