Business
McCoy Global Inc. announces commercial launch of the weBUCK(TM) electric bucking unit
EDMONTON , Jan. 14, 2015 /CNW/ -  McCoy Global Inc. ("McCoy" or "the Company") (TSX...
About this update from Mccoy Global Inc.
[{"type":"text","content":"\n\nEDMONTON, Jan. 14, 2015 /CNW/ - McCoy Global Inc. (\"McCoy\" or \"the Company\") (TSX:MCB; OTCQB:MCCRF) today announced that it has commercially launched the next product in its \"we\" product line, the weBUCK™ electric bucking unit.\n\n\"Like our other \"we\" products, the weBUCK™ was developed to meet the safety, efficiency and technological demands of our customers, but we are particularly excited to launch the weBUCK™ as it's the first commercially available electrically powered bucking unit on the market,\" said Jim Rakievich, President and CEO of McCoy. \"The weBUCK™ is truly a next-generation system, offering eco-friendly and highly efficient tubular make-up, as well as numerous ergonomic, safety and environmental advantages over its conventional hydraulic counterparts.\"\n\nBucking units are used by tubular manufacturers to test connections by applying torque to loosen/ tighten tubulars horizontally. The electrically powered weBUCK™ system does not require hydraulic clamps or filters, reducing maintenance requirements and the potential for leakage, with noise emissions that are well below the Occupational Safety and Health Administration's exposure limits. The weBUCK™ is a closed-head unit designed for superior performance, control and ergonomics.\n\nAbout McCoy\n\nMcCoy provides innovative products and services to the global energy industry. The Company operates internationally through direct sales and distributors, with operations in Canada, the United States of America, the United Kingdom, Singapore and the United Arab Emirates. McCoy's corporate headquarters are located in Edmonton, Alberta, Canada.\n\nForward-Looking Information\n\nThis News Release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words \"expect\", \"anticipate\", \"continue\", \"estimate\", \"objective\", \"ongoing\", \"may\", \"will\", \"project\", \"should\", \"believe\", \"plans\", \"intends\" and similar expressions are intended to identify forward-looking information or statements. The forward-looking statements and information are based on certain key expectations and assumptions made by McCoy, including expectations and assumptions concerning fluctuations in the level of oil and gas industry capital ex...