Custom Packager Strikes Gold In The Marcellus Shale
Dearing Compressor and Pump Co. of Youngstown, Ohio, has found itself in the right place and the right time to supply the Marcellus and Utica shale plays.
Albin P. Dearing III, who sold and serviced Gardner Denver industrial air compressors, formed Dearing in 1945. The family owned company’s introduction to the oil and gas business came in 1960 by working on Gardner Denver oil rigs and compressors. This later led to an expansion into the natural gas compressor market within Ohio.
Richard (Rick) H. Dearing Jr., the current president and grandson of the founder, joined the company in 1985 after receiving petroleum engineering and MBA degrees. Rebecca Dearing Wall is the executive vice president, chief financial officer, sister and co-owner with Rick. She joined the company in 1981.