Balmoral Offshore Engineering's new Brazilian manufacturing facility will open by Q3 2015, the buoyancy, insulation and elastomer product company announced at Rio Oil and Gas.
Balmoral’s Aberdeen headquarters exports more than 95% of its manufactured goods worldwide. The company’s Brazilian division, Balmoral Offshore Industria de Plasticos, will service the South American market from a brand new facility in Vitoria, Espirito Santo.
It’s expected that the US$10million investment will create up to 100 local jobs with senior management from the UK operation being drafted in to provide on-site expertise, training and procedural implementation. Senior personnel from the Brazilian operation will also travel to Aberdeen for in-depth corporate, product and process training.