In order to strengthen the company’s control valve and service capabilities for its customers in the oil & gas and power industries, Metso announced on January 23 that it will build a new green-field global valve technology center in Chungju, South Korea.
The new facility will be ready to begin global deliveries in September 2014.
In addition to manufacturing, the new center will contain a control valve testing facilities and engineering services. The new center will also house research and development, engineering, and service support units for South Korean EPC companies, which play a major role in many projects worldwide.
The new technology center builds on the foundation provided by the globe valve technology and service company that Metso acquired in South Korea in 2012.
The company is developing this line of business through recent expansions. In 2010 the company opened a technology center in Shanghai and a similar center opened in Finland in 2011. These were followed in 2012 by the inauguration of a new valve supply and service center in India, and the completion of expanded valve supply and service center in India, as well as the completion of expanded valve production premises in the US.
Additionally, Metso operates industrial valve technology and supply centers in Brazil and Germany.