Acadiana Business

Frank's donating $2.83 million to UL engineering

by Leslie Turk

At a Wednesday press conference at its corporate headquarters on Verot School Road, Frank's Casing Crew will give UL's College of Engineering a major financial boost.

Donald Mosing, chairman emeritus for the board of directors of Frank's Casing Crew and Rental Tools (No. 8 on ABiz's list of Acadiana's Top 50 privately held companies with $240 million in 2010 revenues), will announce a $2.83 million donation to UL's College of Engineering Wednesday. The press conference is scheduled for 11 a.m. at the local energy services company's corporate headquarters, 700 E. Verot School Road.

The gift, the largest current, non-bequest donation to the engineering department, will create a $1 million endowed chair in mechanical engineering, a computer aided design laboratory and a student career development program.

UL President Dr. Joseph Savoie will be at Frank's Casing to accept the donation.