Industrial Data Systems, Inc.

Industrial Date Systems Corporation (IDS) is a Houston-based general engineering and services firm targeted toward the energy industry. Founded in 1985, the company has grown to annual revenues of $17 million in FY2000, sixty-three percent from engineering and the remainder from its manufacturing and air handling divisions. Recently, IDS has acquired Petrocon Engineering, a much larger oilfield engineering and services from with FY2000 revenues of $68 million. Together, they potentially will be able to fully meet client need for both upstream and downstream engineering and services support in the oil/gas, refining, chemicals, and petrochemicals industries. Now they must make it work. (Contact author for a copy of the complete report.)