These last few months have been rough in the Stephenville plant. Corporate has been holding at least one hiring event a week with barely a single applicant. The management here is running established employees out the door at an alarming rate. They are removing machines with no announcements of what will fill their spots. They announced a "Town Hall Meeting" next week and the rumor going around the shop floor is that they will be announcing the closure of the Stephenville plant.
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About time. I can’t believe it took this long.
That Saudi Plant is old news. It was posted on the company's page November 19th of 2018.
TechnipFMC, global leader in subsea, onshore/offshore, and surface projects, has broken ground on its new state-of-the-art manufacturing, aftermarket and training facility in Dhahran in the eastern region of Saudi Arabia.
The 52,500-sq-m facility greatly expands TechnipFMC’s footprint in Saudi Arabia with a major investment and 140 new jobs focusing on Saudi talents. The new facility will offer a broad range of manufacturing, aftermarket and training capabilities in-country, supporting the full TechnipFMC portfolio with its advanced technology and integrated systems in the drilling, completion, production, measurement and pressure control activities.
“First, we are making a commitment to Saudization and localization,” TechnipFMC Surface Technologies president Richard Alabaster said at the recent groundbreaking ceremonies.
“Second, we are increasing our capacity to meet the challenge of the upcoming rise in activity planned within Saudi Aramco,” Alabaster said. “Third, we want to have the capabilities in-country to bring the full scope of our Surface Technologies portfolio and integrate in a way that makes the economics of Saudi Aramco’s projects much more favourable.”
The 140 new jobs reinforce TechnipFMC commitment to acquiring a local, diverse and capable workforce in the next five years as part of the In-Kingdom Total Value Add Program (IKTVA), a new program created by Saudi Aramco to baseline, measure and support increased levels of localization in the Kingdom.
Alabaster said he expects the initial investment in the new facility will grow as new capabilities are developed in-country that will allow TechnipFMC to not just supply the local Saudi market but also export from Saudi Arabia.
Pferdyterdy needs something to blame other than his total incompetence. He makes more money than the corporation ..., total scam by BoD
Had the meeting today, basically an update on the business trying to improve moral by blaming all of our problems on the Technip Energies split. A good chunk of the meeting was spent trying to reassure us that they will be hiring more people. The total numbers they showed since they got permission to hire people back 80 have been hired and 50 people have quit.
Let us know what the meeting is about, we had one two weeks ago at Erie about efficiencies and other doom that is out of the control for the floor people.