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The Lufkin Industries category contains records created by and related to Lufkin Industries, Inc. Founded as Lufkin Foundry and Machine Company in 1902 to fulfill the needs of the local sawmill and railroad companies, the company steadily grew to become more than a foundry specializing in sawmill machinery and locomotive repairs. By the 1920’s, it had entered the oilfield equipment market and in the 1930’s, the remnants of Martin Wagon Company joined the company, eventually becoming the trailer division. In 1970, Lufkin Foundry and Machine Company changed its name to Lufkin Industries, Inc., to better reflect its wide-ranging and world-wide product lines that included trailers, industrial gears, oilfield equipment, and pumping units. In 2013, Lufkin Industries was acquired by General Electric.