English
US-based oil and gas company Cameron will set up a manufacturing plant in Ploiesti, the investment amounting to 63 million USD. The plant will manufacture surface equipment for specialized markets in Europe, Africa, Russia and the Mediterranean and Caspian areas. The manufacturing facility will be inaugurated next year and will employ approximately 300 people. The plant will occupy a surface area of 11,500 square meters.
In November 2004, Cameron acquired the Sterom plant in Campina, which currently manufactures standard surface equipment. The Ploiesti plant will manufacture more expensive products for complex applications.
Cameron is a provider of flow equipment products, systems and services to worldwide oil, gas and process industries. Leveraging its global manufacturing, sales and service network, Cameron"s 10 operating divisions work with drilling contractors, oil and gas producers, pipeline operators, refiners and other process owners to control, direct, adjust, process, measure and compress pressures and flows. The company generates annual bookings in excess of 4 billion USD with more than 12,500 employees and is headquartered in Houston, Texas.
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