TechnipFMC announced plans to expand its operations by establishing a new facility in Speers Borough, Washington County.
The company will establish a new regional hub facility in Washington County. The new plant will allow for expansion of operations, including service, repair, manufacturing and testing of tools and equipment within the energy industry.
The company will invest at least $13.3 million in the project, which is expected to create 40 new, full-time jobs and retain 128 existing jobs over the next three years.
TechnipFMC received a funding proposal from the Department of Community and Economic Development for a $160,000 Pennsylvania First grant and up to $18,000 in grants for workforce training and development.
TechnipFMC is a provider of systems and solutions for the oil and gas industry. The company designs, manufactures, and services systems and products such as subsea production and processing systems, surface wellhead systems, high pressure pumps and fluid control equipment, measurement solutions, and marine loading systems.