________________________________________________________________________________ Drilling Tools International
By diversifying, we’ re mitigating potential longerterm risks, a global presence will ensure stability even in a sometimes-volatile North American drilling market
With a clear and strategic focus, DTI is sure to continue reaching new heights in both the Western and Eastern Hemispheres.“ The last 12-to-18 months has seen us focus on the Eastern Hemisphere, with a goal for the DTI brand to become just as well known here as we are in North America, and over the next five years, I’ d like to see the Eastern Hemisphere accounting for half of DTI’ s turnover,” David shares.“ By diversifying, we’ re mitigating potential longer-term risks, a global presence will ensure stability even in a sometimes-volatile North American drilling market, as the Eastern region is often more predictable.
“ However, while we’ re emphasizing growth in the Eastern Hemisphere, we’ re not dropping the ball in North America, and we’ re continuing to develop new technologies to remain at the forefront of industry innovation,” he concludes.“ We’ re engaged in several conversations about potential acquisitions, some of which are small technology companies and others are larger. One thing is certain; both organic and acquisitive growth are well engrained in our business strategy, and we plan to achieve our goals by investing in people, equipment, and facilities.” ■
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