Startups Offer Innovative Technology
11/28/2011 -- Turbo Trac USA, Inc. For many startups, the path to success depends on anticipating future demand, maneuvering to meet it and hiring people with the skill and attitude to offer exceptional service. But for a few, success depends not on understanding business trends but on turning sound concepts into filed-proven technologies....
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Turbo Trac USA attracts $3.2 million in funding
11/18/2011 -- Turbo Trac USA, Inc. recently relocated to Frisco from Midland and landed $3.2 million in local funding along the way to manufacture its first product...
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Turbo Trac Appoints New Director
8/30/2011 -- Turbo Trac USA, Inc. is pleased to announce the appointment of R.E. “Corky” Dragoo to its Board of Directors. As a member of the Board, Mr. Dragoo brings his extensive, multi-industry experience in improving corporate efficiencies and asset performance that will help guide the company through its market expansion and production start-up...
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New Technology Aims to Reduce Oil Pumping Costs
8/28/2011 -- The collapse of the auto industry devastated many cities and businesses, but may have had one benefit for the West Texas oil industry. The Turbo Trac Infinitely Variable Transmission, which originally was intended for automobile engines, is in the testing stages and can be applied to pump jacks with electric or combustion engines...
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Turbo Trac Announces New BOD Structure
8/16/2011 -- Turbo Trac USA, Inc. has announced a new line-up of Directors. According to CEO Allen Swenson, the recent equity investment by Pillar Capital Management of Dallas, TX brings new Board members. Remaining on the Board as Chairman is Allen Swenson, CEO. Two other remaining Directors are A.W. Rutter, Jr. and K.D. Dieterich...
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Turbo Trac Receives Additional Funding
8/3/2011 -- Turbo Trac USA, Inc. has received a multi-million dollar investment by Pillar Capital Management (through an affiliated entity) through the sale of Series “A” Participating Preferred Shares in Turbo Trac, USA, Inc. On August 3, 2011, the deal between Turbo Trac USA, Inc. and Pillar Capital Management was closed...
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Turbo Trac's Infinitely Variable Transmission Reduces Operating Cost, Improves Productivity
Midland, TX 7/26/2011 -- Turbo Trac USA, Inc. is rolling out its game-changing technology to the oil and gas industry that reduces pump jack operating expense through substantial energy reduction and increased equipment life while improving pump productivity. While the company's first Infinitely Variable Transmission line was targeted at oil-well pump jack applications ready to go, it is also finding acceptance in other industrial compressor, fan and pump applications...
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Infinitely variable transmission promises energy savings of up to 25 percent
Midland, TX 7/13/2011 -- From the mind of a creative inventor/elevator repairman to service in the oilfield and elsewhere, the idea of an infinitely variable transmission (IVT) seems ready to gain traction. Because most motors, whether powered by liquid fuel or electricity, have a narrow RPM range at which they operate at top efficiency, they generally need a transmission to allow for variances in output speed. Most transmissions have a certain number of gears available, meaning there is still significant variation in engine speed before the transmission shifts to the next gear. The purpose of the IVT is to allow the engine to maintain an almost constant speed while the output speed changes to meet the needs of the equipment or process involved...
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Turbo Trac's Infinitely Variable Transmission Reduces Operating Cost and Improves Productivity
Midland, TX 5/6/2011 -- Turbo Trac USA, Inc. is rolling out its game-changing technology to the oil and gas industry that reduces pump jack operating expense through substantial energy reduction and increased equipment life while improving pump productivity...
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