Pentair to set up manufacturing unit in Saudi
Dammam, December 8, 2013
Pentair, a leading industrial company providing advanced solutions in energy, food and water, has joined hands with Saudi-based Ali Abdullah Al Tamimi Company to set up a manufacturing and service facility in Dammam.
The announcement reflects Pentair’s strategic investment plan that will help meet the needs of its local customers while also supporting the government vision of economic diversification and local job creation, said its top official.
“We are excited to make this announcement, which reinforces Pentair’s long-term commitment to the Kingdom,” remarked Randall J. Hogan, chairman and CEO.
“Saudi Arabia is the region’s largest single economy with a fast-growing industrial landscape, offering a unique opportunity for Pentair to contribute to the Saudi success story. Through this new partnership, Pentair will be able to locally manufacture some of its premium products and brands to serve the local and export markets,” he added
Tariq Al Tamimi, president of the Tamimi Group of Companies expressed delight at further extending its relationship with Pentair.
“We share the same vision, values and commitment to localize globally proven technologies and products in the Kingdom and to support Saudization through economic diversification and job creation and training with the local talent base. Pentair’s proven operating processes are an excellent foundation to accelerate a strong manufacturing base in the Kingdom,” he noted.
As a leading global industrial company with local customers in the energy, petrochemical, water and mining sectors, Pentair has more than 1,200 employees in the Middle East, including manufacturing, services, and office facilities.
Pentair has been supporting local customers in Saudi Arabia over the past 40 years and this investment will enhance existing partnerships by providing improved product solutions and extended, reliable local supply chain.-TradeArabia News Service