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The Business View – March 2016 / News You Can Use
Looking to maintain competitiveness and prepare for an eventual resurgence in the oil and gas industry, Technip USA officials announced late in 2015, they will invest up to $31 million in the company’s Theodore facility.
The Paris-based company specializes in subsea infrastructure design, manufacturing and installation. The local operation serves the Gulf of Mexico and welds pipeline with a unique flexible joint design capable of transferring oil and gas from the ocean floor.
The company will upgrade facilities and equipment, including new welding technologies and a “pipe-in-pipe” capability, ultimately helping Technip meet more stringent and rigorous industry requirements and prepare for future work on the books for 2017.
“Technip USA’s expansion shows commitment for future growth and development at its Theodore site. This investment will continue to foster high-paying jobs in our area,” said David Rodgers, project manager for the Mobile
Area Chamber. The local 15-year-old facility has 210 employees. Company officials teamed with local contractors including Thompson Engineering and G.A. West on the project.
Click here to read The Business View – March 2016