As part of an effort to narrow its focus, Houston-based Stewart & Stevenson Services has agreed to sell its power equipment unit to Houston businessman Hushang Ansary for about $180 million.

HOUSTON--(BUSINESS WIRE)--Stewart & Stevenson LLC announced today the acquisition of EMDSI - Hunt Power LLC (“EMDSI”) in an all cash transaction from ITOCHU of Japan. The price was not disclosed.

HOUSTON--(BUSINESS WIRE)--Stewart & Stevenson LLC announced today the appointment of Steve Fulgham as its new Chief Executive Officer and a member of its Board of Directors. Mr. Fulgham ...

HOUSTON, Jan. 26 /PRNewswire/ -- Stewart & Stevenson LLC announced today the appointment of Robert L. Hargrave as its Chief Executive Officer and as a Director of the Company. Mr. Hargrave ...

May 3 (Reuters) - Stewart & Stevenson LLC, a manufacturer of oil industry equipment, filed with U.S. regulators to raise up to $250 million in an initial public offering. Sign up here. Stewart ...