Lufkin Industries Announces Fourth Quarter 2011 Dividend of $0.125 Per Share

LUFKIN, Texas, Nov. 3, 2011/PRNewswire/ -- Lufkin Industries, Inc. (NASDAQ: LUFK) announced today that the Board of Directors has declared a fourth quarter cash dividend of $0.125 per share on its common stock.  The dividend will be paid on December 9, 2011, to shareholders of record on December 1, 2011.

Lufkin Industries, Inc. sells and services oil field pumping units, foundry castings and power transmission products throughout the world.  The Company has vertically integrated all vital technologies required to design, manufacture and market its products.

Contact:
Christopher L. Boone
Chief Financial Officer
936-631-2749

DRG&L:
Jack Lascar / 713-529-6600
Anne Pearson / 210-408-6321

SOURCE Lufkin Industries, Inc.