Dresser Industries, Inc.,A wholly-owned subsidiary of Halliburton Co. - has completed the purchase of the remaining 50 percent shares of Niigata Masoneilan Co., Ltd. (NIMCO) from Niigata Engineering Co., Ltd. (NEC). NIMCO has been a joint venture company of Dresser and NEC since 1974. NIMCO will be managed by the Dresser Valve Division of the Dresser Equipment Group, a business segment of Halliburton. Headquartered in Chiba, Japan, NIMCO manufactures and sells Masoneilan automatic control equipment, including control valves, regulators, levels, and instrumentation. Major industries served include oil and gas, refining, petrochemical, chemical, and power. NIMCO products and services are cu...

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