U.S.-based manufacturer General Electric (GE) opened in recent days a new production facility in Guadalupe, Nuevo Leon, to manufacture components for the oil industry.
GE Oil & Gas Pressure Control division invested US$ 10 million and recruited 160 employees to begin production aimed to supply 22 countries around the world, Europe and Middle East included.
This GE business unit is a major worldwide supplier of surface wellheads, frac systems, and production tree equipment. The company operates over 80 manufacturing, service, and sales locations globally, covering all aspects of operations with advanced tools, skills, and solutions in every region.
Phillip Mason, President for Pressure Control at the GE Oil & Gas subsidiary, said the state’s suppliers base and its strong tradition on metal works were key factors to choose Nuevo Leon for this kind of investment.
Company officials pointed out GE is always willing to expand its local supply chain. According to Vladimiro de la Mora, General Director for General Electric Mexico, the Company currently buys US$ 600 million from local producers, but the goal is to buy US$ 1 billion in local products over the coming years.
General Electric owns 16 manufacture sites in nine Mexican states where it employs 11,000 workers.