Oilfield engineering firm GE Oil & Gas announced Thursday that it has completed a $20.7-million investment at its manufacturing facilities in Montrose, Scotland.
The company said that the site enhancements are in direct response to customer need and that they will provide advanced capabilities in manufacturing and the firm's test and assembly activities in Montrose – where it employs 450 staff after recruiting 50 new people last year.
GE has completed the construction of a 10,765-square foot heat treat and cladding workshop at its Brent Avenue facility, with structural work beginning on a new 6,460-square foot administration block, scheduled for completion in June 2015. The firm has also finished the new high bay facility at its Charleton Road site, the result of a $4-million investment.
Scot Kelly, plant leader at Charleton Road, commented in a statement from GE:
"The oil and gas sector is going through a period of adjustment, but we have been through many cycles of this nature before, both as an organization and as an industry. What is most important is that we mustn't lose sight of our customers' needs and the long term viability of our industry. We are consistently advancing to offer the very best to our customers, and these latest upgrades are no exception.
"Investments like this position us well, enabling us to improve our speed to market and enhance our ability to respond so that we can successfully fulfil the present and future needs of oil and gas customers and developments around the world."
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