Briggs Equipment Inks Fleet Management Agreement with Baker Hughes

Dallas (July 6, 2011) – Briggs Equipment, one of the largest equipment distributors in North America, has signed an agreement with Houston-based Baker Hughes, an oil and gas services company, to provide complete fleet management for Baker Hughes’ United States operation. Under this deal, Briggs Equipment will direct all activity related to forklift fleet management, including acquisition, maintenance, billing and information management.

As part of the agreement, Baker Hughes will purchase all equipment exclusively through Briggs Equipment, the largest Yale Materials Handling Corporation forklift dealer. Additionally, Briggs Equipment will partner with Baker Hughes on all equipment disposal as well as manage all US vendors.

“We are very pleased to be expanding our relationship with Baker Hughes,” said Mike Winemiller, president of Briggs Equipment. “Our comprehensive approach to fleet management is unmatched in the industry and provides a level of service that can significantly improve efficiency and safety. We look forward to delivering successful results that empower employees and impact the bottom line.”

“We needed a single-source forklift fleet provider as our operations continue to grow in the United States,” said Michael Fernandez, Baker Hughes project manager. “We chose Briggs Equipment based on its consistent service level and its comprehensive Web-based fleet data management system, which we expect to allow us to more effectively manage our fleet real-time.”

BE Fleet provides Baker Hughes with a robust, proactive solution to help prevent accidents by taking proactive corrective measures identified by the BE Fleet Speedshield system, a wireless, on-board reporting module that transmits vehicle usage information over a cellular network to an integrated, Web-based reporting engine. This system provides insight into how human and equipment resources are deployed – capturing data inputs in real time, such as vehicle speed, load weights, overuse and other parameters that are tied to both a specific vehicle and its operator.

BE Fleet will enable Baker Hughes to recognize good operator behavior, ensure compliance with OSHA and customers’ safety regulations and generate current and accurate safety reports very quickly. Additionally, the system tracks and facilitates optimized maintenance scheduling, triggering management to perform important safety-related tasks to prevent equipment failures that can cause accidents. BE Fleet also enables management to easily oversee and make cost-savings adjustments to operations such as eliminating unnecessary or early maintenance, reducing underused inventory and other benefits.

In addition to Fernandez, Project Manager Brenda Davis represented Baker Hughes in the bid process and supporting Winemiller for Briggs Equipment were BE Fleet Project Manager Grant Johanson and Senior Sales Consultant Royal Millen.

About Briggs Equipment

With its origins dating back to 1896 as a division of Briggs Weaver and owned by Sammons since 1952, Briggs Equipment became a separate Sammons company in 1996 and has grown into one of the largest global equipment distributors. The Briggs Equipment brand includes: Briggs Equipment with branches throughout the southwestern portion of the United States; Briggs Equipment de Mexico which operates throughout Mexico; and Briggs Equipment UK Limited servicing the United Kingdom. Driven by decades of materials handling experience, talent, resources and technology, Briggs forges strong customer relationships based on trust and solutions. With integrated solutions from Briggs Equipment, customers implement inexpensive ways to keep their environments running smoothly. For more information, visit www.briggsequipment.com.

About Baker Hughes

Baker Hughes provides pressure pumping, reservoir consulting, drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry.