Lufkin Industries Romania

Type
Business expansion
Country
Romania
Region
Macroregiunea Trei; Sud-Muntenia; Prahova
Location of affected unit(s)
Ricesti
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28 - Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
300 jobs
Number of planned job creations
Job creation
Announcement Date
5 October 2010
Employment effect (start)
1 November 2010
Foreseen end date
31 December 2011

Description

Lufkin Industries Group, manufacturer of equipments for the oil and gas industry, announced the intention to create 300 new jobs in 2011, as result of an investment of 126 million US dollars, in a new factory located in Aricesti near Ploiesti (Prahova county, South region).

Sources

  • 6 October 2010: Ziarul Financiar

Citation

Eurofound (2010), Lufkin Industries Romania, Business expansion in Romania, factsheet number 71091, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71091.