Gulf Of Mexico Back News

Founded by Robert W. Fernstrum 65 years ago, R.W. Fernstrum & Company is now run by the third generation of Fernstrums who continue to build and extend its commercial marine heat exchanger business. Sean Fernstrum, President & Owner discusses the future. R. W. Fernstrum & Company is a third-generation, family owned business that manufactures heat exchangers, primarily for the commercial marine industry. In addition to its GRIDCOOLER line of keel coolers, it also manufactures and sells Weka Boxcoolers in the Americas and Tranter Heat Exchangers.

Washington, D.C. “We applaud the bi-partisan passage today of HR 1229, `Putting the Gulf of Mexico Back to Work Act'. The legislation is important to oil and gas companies because it lays the foundation for consistency and reliability in the offshore permitting process. A statutory timeframe in which the government must decide to either approve or deny a permit to drill offshore will replace the current limbo-like waiting game with a predictable response time. A ‘yes’ or ‘no’ answer allows companies…