(EnergyAsia, December 12 2011, Monday) — Knust-SBO, a US precision machining manufacturer of equipment for the oil, gas, geophysical and semiconductor industries, has opened a plant in Singapore yesterday.
The Houston, Texas-based subsidiary of Austria’s Schoeller-Bleckman Oilfield (SBO) Equipment expects the manufacturing plant in Tuas Loop to be fully operational by the end of the first quarter of 2012.
The 50-year-old company said the Singapore plant will produce its well-known range of complex Knust-SBO products for customers in Asia including many in the oilfield service industry. Schoeller-Bleckmann a global market leader for high precision tools made of non-magnetic steel for the directional drilling industry.
Steve McGowen, President of Knust-SBO, said:
“In recent years, we noticed an increasing trend of our customers moving their activities to the Far East particularly to Singapore. The opening of our Singapore facility is to be close to our customers and service them. It is in line with our expansion plan for the Far East.”
Rick Welch, managing director of Knust-SBO Far East Pte Ltd, said:
“The availability of skilled engineering talent and an excellent infrastructure support provided by the Singapore government are key factors which induce us to set up our facility in Singapore. This Singapore plant will become an important member of the Schoeller-Bleckmann family.”
Quek Swee Kuan, assistant managing director at the Singapore Economic Development Board, said:
“We are pleased that Knust-SBO has chosen Singapore for its first turnkey machining facility in Asia to serve the oil and gas industry.
Knust-SBO’s presence in Singapore will further deepen the strong supplier capabilities in Singapore. Singapore’s strategic location in Asia and extensive connectivity to the region will offer Knust-SBO a valuable Pan-Asian and global reach.”