Carter Tool Co., Inc., an oilfield business founded in 1972, has a rich history in the industry. Initially focusing on tong rental and repairs, they have transitioned to manufacturing their own line of power tongs and replacement parts while still offering tong repair services. Recently, the company experienced a change in ownership. We had the opportunity to speak with one of the owners, John Stuart, who has been with Carter Tool since December 1989 and took over the business in February 2022 alongside his business partner Johnny Hall.
John expressed his concern about the potential impact on quality when new ownership takes over, emphasizing his desire to maintain the existing operation. Over the years, Carter Tool has faced several oil busts, each presenting unique challenges. During these difficult times, the company strived to continue to service its loyal customers while prioritizing the well-being of its employees.
With a close-knit team of 19 employees, Carter Tool fosters a family-like work environment, as described by John. In sharing advice with fellow small business owners, he emphasized the importance of moderation and not taking on more than one can handle, a principle that holds true in various aspects of entrepreneurship.
If you have any further questions or need additional information, feel free to ask!
Location: 3515 Kermit Hwy
Hours: M-F 8am-5pm