Trelleborg continues to invest in Brazil
ERJ staff report (LMH)
Trelleborg, Sweden -- Global engineering group Trelleborg says it continues to make significant investment into the Brazilian market, creating a platform for local presence and growth across a wide selection of industries.
Existing, recently established and acquired facilities will be joined by Trelleborg's latest investments in new state-of-the-art manufacturing facilities for printing blankets and offshore equipment. The region is of high priority for Trelleborg and will be a focus for future growth initiatives, the Swedish company said.
“With markets such as oil & gas, infrastructure, agriculture, mining and graphics all growing at a rapid rate, Brazil has quickly become a hotbed of activity for a number of our business areas. As such, we've made a group commitment to increase our presence and customer support in this key region,†commented Peter Nilsson, president and CEO at Trelleborg.
Located in Brazil's major oil hub, the coastal city of Macaé, approximately 200 kilometers/112 miles north of Rio de Janeiro, the new Trelleborg Offshore facility will manufacture Trelleborg Offshore's complete product portfolio, including a wide range of polymer-based solutions for offshore topside and subsea oil and gas exploration.
Official opening of the facility is planned for February 2012. Brazil is anticipated to be the world's largest subsea offshore oil/gas market in 2013/2014, Trelleborg said in a 11 Jan news release.
The new Trelleborg Printing Blankets facility is located in Santana de Parnaiba, near São Paulo. It is anticipated that production will begin gradually by the first half of 2012 under the brand names Vulcan and Rollin.
These new facilities add to Trelleborg's already strong presence in Brazil. Last year, through its Trelleborg Engineered Systems business area, Trelleborg acquired a business that focuses on specially designed oil hoses for surface and deep-sea applications located in Santana de Parnaiba. Trelleborg Printing Blankets will be co-located alongside this facility.
“We have strong growth ambitions for Brazil and the country is quickly becoming an increasingly important market for our business and we will soon have more than 1000 employees across our various businesses in the region, and thanks to the continued and dedicated investment that is being made by the organization, the outlook is excellent,†concluded Nilsson.
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Press release from Trelleborg
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