The $60 million facility, near the city of Pekan, will take over production for Asian clients that has so far been handled at the company’s existing umbilicals plants in Moss, Norway and Mobile, Alabama.
“We see enormous potential in our market and Asia is the biggest growth market,” said Tove Roskaft, head of the umbilicals division at Aker Solutions.
The company has a global market share of about 40%, with Technip, Oceaneering and Nexans as its main competitors.
