Petro chemical plant supplier opens $75 million facility in Texas

Fuel Fix:
Mitsubishi Heavy Industries Compressor International Corp. officially opened its $75 million manufacturing plant in Pearland, where it plans to put the finishing touches on compressors and steam turbines supplied to customers in the petrochemical sector.

The first phase of the facility dubbed Pearland Works, will serve as a space to package machinery shipped in from the company’s manufacturing plant in Hiroshima, Japan before that equipment is sent to petrochemical companies that are expanding along the Gulf Coast.

The company makes compressors and steam turbines, big pieces of equipment needed to refine crude or transform components of natural gas into chemicals that serve as the building block for plastics and other products.

Plans call for expanding the plant into a service, testing and manufacturing facility, where crews would work around-the-clock to repair, store and build the technology used in refineries, fertilizer plants and chemical plants. The company is also eyeing making equipment needed to push gas through pipelines to storage tanks in a move that would compete against GE Oil & Gas and Siemens, two of the largest makers of oil field components.
...
The facility will have about 200 employees when it reaches full operations.  The petrochemical business has been one of the bright spots in the energy business as layoffs had hit many producing companies.

Comments

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

29 % of companies say they are unlikely to keep insurance after Obamacare

Is the F-35 obsolete?