Investment spurs STATS Group's Americas growth
09 April 2021
Pipeline technology specialist, STATS Group, has continued to grow its market share in North America throughout the COVID-19 pandemic and is now preparing to move into a larger facility in Houston, TX.
The pipeline isolation experts are relocating to new premises double the size of its existing 25,000 sq ft operation, which will allow the business to design and build larger sized assets, to increase its headcount and to provide internal and external training services. STATS principal activity is providing specialist engineering services for the maintenance, integrity and repair of oil, gas and petrochemical installations and infrastructure.
A combination of factors has contributed to STATS extending its footprint in the U.S. and Canadian onshore and offshore pipeline sectors and the company expects further growth into 2022 as the global economy recovers from the pandemic.
A regional strategy in which STATS has invested heavily in recent years in establishing local bases and staff in Texas and Alberta, including the onsite manufacturing of tools, fittings and assets, has increased responsiveness to client requirements and led to increased market penetration.
STATS has invested $10 million in North America in the last three years which has included a similar expansion of operations in Edmonton in 2019, continued investment in the company’s tools and technologies, and the move to new Houston premises.
The company has also extended its range of assets to accommodate the isolation of higher pressure and larger diameter pipelines which has secured new clients and more large-scale workscopes.
Courtesy of STATS Group.