# Fives to supply Giddings & Lewis VTC to PETERSEN Inc.

Fives was awarded a contract from PETERSEN Inc. for a Giddings & Lewis Vertical Turning Center for precision machining. The machine will be installed in early 2024 at Petersen Inc. in Ogden, Utah.

- Type: Contract
- Announced: 2023-06-13
- Where: Ogden, Utah, USA, United States
- Value: $122.0M
- Status: announced
- Capacity: 60-114 mm diameter, up to 10 mm wall thickness
- Products: Giddings & Lewis Vertical Turning Center
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Fives](https://endata.com/companies/4605.md)
- [Fives](https://endata.com/companies/4605.md) (supplier)
- [Petersen](https://endata.com/companies/26709.md) (customer)
- [Husteel](https://endata.com/companies/71456.md) (customer)

## Sources

- [fivesgroup.com](https://www.fivesgroup.com/newspress/detail-view/fives-to-supply-a-giddings-lewis-vtc-to-petersen-inc), 2023-06-13: "Fives was awarded a contract from PETERSEN Inc. for a Giddings & Lewis Vertical Turning Center dedicated to precision machining."
- [thefabricator.com](https://www.thefabricator.com/tubepipejournal/news/tubepipeproduction/fives-to-supply-tube-production-line-to-husteels-texas-facility), 2023-07-14: "Fives has signed a contract with welded tube and pipe manufacturer Husteel, part of South Korea’s Shinan Group, to design and supply a system to manufacture oil country tubular goods."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.