Graco Oilfield Services officially announced recently that it moved corporate headquarters from Vernal, Utah to Frisco on Nov. 5.

"This decision stems from Graco's growth over the years and its desire to be more centrally located among its multiple stores and customers," expressed Jon Rambo, its President, in an official release. "Considering the history of the oil and gas industry in Texas and the surrounding states, the area offers everything our company needs for its continued success and will afford us more opportunities for growth. Specifically, the growing DFW suburb is known for its top-notch talent, professional business environment and ease of accessibility."

Graco Oilfield Services, a DBA of Graco Fishing & Rental Tools, Inc., is recognized as one of the largest privately held fishing and rental tool companies operating in the U.S. Providing a full range of well services to major and independent oil and natural gas companies for over 30 years, Graco's markets are predominately focused on drilling and production services, which include rental tools, fishing services, pressure pumping, workover expertise, blowout preventers, circulation services, completion drillouts and packer tools and services.