Flow control product manufacturer CIRCOR has signed an investment agreement to build a new facility in the Weihai Economic & Technological Development Zone (ETDZ).
The agreement supports CIRCOR’s strategy to support customers in China and Asia Pacific.
“CIRCOR has a long relationship with Weihai ETDZ and we are excited to work together in expanding our China footprint to support our customers with our robust portfolio of established flow control technologies,” said Ashish Dutta, vice-president of CIRCOR China and Industrial APAC.
CIRCOR Weihai manufactures centrifugal and three-screw positive displacement pumps for the industrial and commercial marine markets. The new facility is scheduled to open in 2020 in Weihai, Shandong province.
“Weihai is a great location for us because of its proximity to our customers, as well as the thriving regional supplier base,” added Scott Buckhout, CIRCOR International president and CEO. “Our partnership with Weihai ETDZ will also position us to cultivate and fuel a local innovation pipeline for tomorrow’s flow control solutions.”