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Star Equity's Alliance Drilling Tools Acquires Utah Machine Shop; Terms Not Disclosed

Oct 26, 2026 · 08:33 AM ET· updated 2h ago

Wholly owned Alliance Drilling Tools ("ADT") business, part of the Company’s Energy Services division, has expanded its customer support capabilities in the Rocky Mountain region through an affiliate’s

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Why It Matters

Alliance Drilling Tools bought a machine shop in Utah to help customers better. This shows the company is building up its service centers in that region.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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