Joint Venture Established for Brazil's Offshore Market

By MarEx 2013-10-07 15:30:00

PALFINGER DREGGEN and the Brazilian crane manufacturer Koch Metalúrgica have entered into joint venture PALFINGER KOCH for manufacturing offshore cranes in Brazil

  • Koch Metalúrgica and Palfinger Dreggen do Brasil have entered into a joint venture named Palfinger Koch Montagens Industriais Ltda for the purpose of joint assembly, testing and commissioning of offshore cranes in Brazil.
  • PALFINGER KOCH will locate and invest in infrastructure in a suitable area in the state of Rio Grande do Sul.
  • The establishment of PALFINGER KOCH is a further strengthening of the existing partnership entered into between the two companies in March 2012 and is a further strategic step towards successful deliveries of high end offshore cranes that meet the Brazilian oil and gas industry’s demands for local content.

The products and services herein described in this press release are not endorsed by The Maritime Executive.