Portfolio HPC III : Realized Investments

Drilltec, Inc.

Business Description
Founded in 1979, Drilltec's products have set the industry standard for protection of tubular goods against costly damage caused by corrosion or impact. The company has been recognized as the leader for thread protectors and pipe packaging systems for the premium oilfield tubular market. Drilltec products are manufactured in North America, Europe, Argentina, Japan and Southeast Asia.


Resco Products, Inc.

Business Description
Resco is a leading supplier of refractories in North America. Resco serves major industries such as steel, copper, nickel, aluminum, hydrocarbon processing, and cement. The product lines offered include magnesite brick, magnesite-chrome brick, magnesite-carbon brick, alumina-magnesite-carbon brick, alumina brick, clay-alumina specialties (gunning mixes, castables, plastics, ram mixes, and mortars), precast shapes, basic specialties, extruded cartop shapes, and minerals. Resco's products are sold under proprietary brands that are well recognized in their market segments for high quality and reliable performance. The Company distributes primarily directly to its customers and maintains a strong, dynamic national and international sales force. It operates seven facilities in the United States, one in Canada and one in the U.K. Resco was founded in 1946 and is headquartered in Pittsburgh, Pennsylvania.