Williams Industrial Services Group announces JV
Published by Elizabeth Corner,
Senior Editor
World Pipelines,
Williams Industrial Services Group Inc., a general and specialty construction and maintenance services company, announced on 11 December a joint venture with Arc Energy Services, Inc., a private company specialising in welding and machining services.
The joint venture was established to enhance the market potential for both companies by combining their strengths to participate in a wider scope of projects.
Tarun Ganeriwal, Senior Vice President, Business Development and Marketing of Williams, commented, “Welding represents a key value-added specialty services offering for our customers across multiple end markets. Arc is well respected for its specialty welding and machining capabilities. As a result, this joint venture permits us to expand Williams’ services portfolio with a high quality partner that shares our passion and reputation for quality, responsiveness and execution.”
Tracy Pagliara, President and CEO of Williams, commented, “We believe this is a major step forward in our growth strategy to expand our service offerings for existing customers and deliver our capabilities to a broader range of prospective customers and markets. By working together, Williams and Arc should have opportunities to participate in potential projects that independently would not otherwise be available.”
Arc and Williams intend to pursue a variety of projects in power generation and other markets. Their respective responsibilities and compensation for each project will be determined based on the skills and contributions of each party relative to the requirements of the project.
Headquartered in Rock Hill, South Carolina, Arc was established in 2010 and has completed approximately 1200 projects to date. Arc has available staff of approximately 1500 and provides services to nuclear, fossil and combined-cycle industries. It provides services that include specialty welding, field machining, custom product design and fabrication, heat treating, staff augmentation and nondestructive examination.
Williams Industrial Services Group (formerly known as Global Power Equipment Group) has been safely helping plant owners and operators enhance asset value for more than 50 years. The Company provides a broad range of general and specialty construction, maintenance and modification, and plant management support services to the nuclear, hydro and fossil power generation, pulp and paper, refining, petrochemical and other process and manufacturing industries. Williams’ mission is to be the preferred provider of construction, maintenance, and specialty services through commitment to superior safety performance, focus on innovation, and dedication to delivering unsurpassed value to its customers.
Read the article online at: https://www.worldpipelines.com/contracts-and-tenders/13122018/williams-industrial-services-group-announces-jv/
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