Chairman of board, president, and CEO of Gearhart Industries, Inc., Fort Worth, Texas. Family background; description of farming, oil drilling, and educational experiences in Southeastern Kansas; employment as trainee field engineer for Wireline Service Company Welex, 1949; work for Dresser Company, 1952; establishment of Wireline logging unit with Harold Owen, 1955; formation of GO Perforator Supply; separation of Gearhart-Owen company from Pengo Company; comments on growth of worldwide sales; construction of first shop, Fort Worth, 1957; description of proprietary and non-proprietary equipment; explanation of oil-drilling process; description of personnel in field; comments on modal analysis and safety program; description of manufacturing plant and employee training; financing of company through sale of stock; discussion of organizational structure; comments on competitors Dresser Industries and Schlumberger; discussion of first layoffs in company history, 1982; comments on OSHA and EEOC regulations; goals for company; factors contributing to company’s success; comments on importance of communication within company; civic activities.