Precio Integrated Drilling Equipment Holdings Corp (IRIG)

Integrated Drilling Equipment Holdings Corp. engages in the manufacture of drilling equipment. The company is headquartered in Wilmington, Delaware and currently employs 270 full-time employees. The company went IPO on 2011-08-12. The majority of the Company's business is conducted through two operating segments. The Electrical Products and Services segment of the Company designs, manufactures, installs and services rig electrical and control systems, including SCR (silicon controlled rectifier) units and VFD (variable frequency drive) units, as well as electrical cabling, lighting systems, closed circuit video systems, gas and fire detection systems, and communication systems. The Drilling Products and Services segment is a provider of drilling rigs and their components. The firm designs, manufactures and services complete land-based drilling rigs, as well as rig subsystems and parts. The company also provides drilling rig services.