NEWS

US Giant GE Starts Work on New Saudi Manufacturing Facility

Wednesday, Mar 30, 2016
US Giant GE Starts Work on New Saudi Manufacturing Facility

GE Oil & Gas has marked the ground-breaking of its manufacturing and service facility at the Modon site in the second Industrial City, Dammam.

This new phase of work will build upon the recent expansion of the GE Oil & Gas Pressure Control manufacturing facility that was inaugurated in late 2015, the industrial giant said in a statement.

It added that with the new manufacturing centre, GE Oil & Gas is bringing added ‘Made in Saudi’ capabilities.

It will serve as a manufacturing, assembly, repair, services and training facility for advanced gas turbines and mechanical drives.

The addition of 18,000 square meters of facilities at the Modon site will create over 100 new jobs in the start-up phase with 80 percent Saudization.

The new facility will also deliver the services of the recently acquired Alstom Grid business, thus offering a full portfolio for customers in the Gulf kingdom.

GE Oil & Gas president and CEO Lorenzo Simonelli said: “We are committed to strengthening our localised manufacturing, service and repair capabilities and to build our already strong local talent pool.

"The integration of all our services at Modon and our continued investments in the kingdom are aimed at supporting the economic goals of the government to promote growth and diversification based on job creation for Saudi nationals and localised manufacturing that enhances Saudi Arabia’s international competitiveness.”

The GE Oil & Gas Pressure Control manufacturing facility, the expansion of which opened in November 2015, increased output capacity by three times the original.

The new expansion phases will further build the portfolio of solutions it offers, further establishing Modon as a hub for GE Oil & Gas, the company said.

GE Oil & Gas recently completed the first six high-efficiency gas compression trains manufactured in Saudi Arabia that are being provided for Phase 1 of Saudi Aramco’s Master Gas System expansion project.

With three offices and seven facilities, Saudi Arabia accounts for the largest GE workforce in the Middle East with over 2,000 employees.

 

Source : arabianbusiness.com

Other News