Internally, we refocused corporate management to better  direct our engineering and manufacturing processes on a  global level. A new position, Vice President of Corporate  Development, was created and filled with the objective  of identifying and developing potential acquisitions and  global market opportunities to ensure  Dril-Quip’s  long-term  sustainability and growth. We continued with our Research and Development goals  in 2014.  Dril-Quip  completed the construction of a high- load horizontal test machine that generates over 20 mil- lion ft-lbs of bending and 13 million pounds of tension or  compression load to test the strength of a complete subsea  wellhead and BOP wellhead connector as a system. The  Company delivered its first Offshore Technology Confer - ence (OTC) technical presentation, outlining the results of  both our analysis and rigorous testing of the system. We  believe this project will help ensure that the Company’s  subsea wellhead product line remains an industry leader  of subsea wellhead technology. Additionally, we utilized  this test machine to develop and test several innovations  to our specialty connector product family, and we are  continuing development efforts in our subsea completion  systems and capital equipment product lines. Dril-Quip  2014 Annual Report 6 Research and Development’s High-Load Horizontal Test Machine