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US Synthetic makes polycrystalline diamond cutters and related components for oil and gas drilling from Orem, Utah.
Founded in 1978 and headquartered in Orem, Utah, US, US Synthetic Corporation develops and produces polycrystalline diamond cutters, bearings and diamond-enhanced tools for oil and gas drilling, and related uses in renewable energy and chemical processing. It sells to drilling contractors, service providers and oil and gas companies in North America, the Middle East and Asia, mostly through B2B contracts. In February 2025, LongRange Capital agreed to fully acquire the company from ChampionX Corporation for approximately USD 300 mn in a Secondary Buyout. The company plans new drilling products and expansion into Europe and Asia by 2026.
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