Hydrocarbon Processing Copying and distributing are prohibited without permission of the publisher
Email a friend
  • Please enter a maximum of 5 recipients. Use ; to separate more than one email address.



Foster Wheeler acquires key Mexican engineering company NorthAm

06.04.2013  | 

NorthAm is one of the largest Mexican engineering and project management companies, with a track record in upstream, offshore and onshore, downstream and power projects. With its main operations in Monterrey, Mexico City and Poza Rica, the company has approximately 400 employees.

Keywords:

Foster Wheeler said Tuesday that it acquired NorthAm Engineering S.A., a privately-held engineering company located in Monterrey, Mexico.

NorthAm is one of the largest Mexican engineering and project management companies, with a track record in upstream, offshore and onshore, downstream and power projects.

With its main operations in Monterrey, Mexico City and Poza Rica, the company has approximately 400 employees.

“The acquisition of NorthAm is part of our stated strategy to grow our upstream capabilities and the geographic footprint of our global engineering and construction group,” said Kent Masters, CEO of Foster Wheeler.

“With NorthAm’s excellent reputation and strong relationships with key Mexican clients, this acquisition significantly strengthens our position in the growing Mexican market. In addition, it provides an excellent platform from which to further expand our business in the wider Latin American market.”



Have your say
  • All comments are subject to editorial review.
    All fields are compulsory.

Related articles

FEATURED EVENT



Sign-up for the Free Daily HP Enewsletter!

Boxscore Database

A searchable database of project activity in the global hydrocarbon processing industry

Poll

Should the US allow exports of crude oil? (At present, US companies can export refined products derived from crude but not the raw crude itself.)


70%

30%




View previous results

Popular Searches

Please read our Term and Conditions and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2014 Hydrocarbon Processing. © 2014 Gulf Publishing Company.