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April 27, 2015 12:22 PM ET

Energy Equipment and Services

Company Overview of Howco Group plc

Company Overview

Howco Group plc manufactures, supplies, and manages metal products for the oil and gas industry around the world. The company offers downhole, subsea, and surface systems. It also provides material solutions for subsea wellhead; topsides; and downhole and surface drilling, evaluation, completion, production, and intervention equipment. In addition, the company offers ingot/billets, forged and rolled round and flat bars, rolled/flat bars, semi and finish machined components, and turnkey assembled packages. Further, it processes and supplies steel, chrome, duplex, stainless, and nickel based alloys. Howco Group plc was founded in 1982 and is based in Glasgow, United Kingdom. It has facilities ...

2nd Floor

Fountain House

1-3 Woodside Crescent

Glasgow,  G3 7UL

United Kingdom

Founded in 1982

Phone:

44 14 1353 7800

Fax:

44 14 1353 7801

Key Executives for Howco Group plc

Founder and Chairman of the Board
Vice President of Sales and Marketing for North America
Group Manufacturing Director
Compensation as of Fiscal Year 2014.

Howco Group plc Key Developments

Howco Group Invests USD 20 Million for Manufacturing Facility at Iskandar Malaysia

Howco Group announced that it will expand into the Southeast Asian market with a new manufacturing facility in Iskandar Malaysia. The new USD 20 million facility with 80,000 sq ft of manufacturing space will be built within the Setia Business Park, an industrial park being developed by SP Setia Bhd. The manufacturing facility will open in 2015 and employ over 30 local staff. The factory will be custom-designed to Howco's requirements and offer a quick turnaround time as well as lean, cost effective flow and increased space to hold high value materials. The MYR 600 million business park encompassing 258 acres has an 80% occupancy and expects the remaining 20% acreage to be filled by year-end.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 6, 2015
Zoltan Engineering Co Ltd
Merger/Acquisition
November 7, 2014
CTL Engineering Company Ltd.
 

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