ENG Opens New Fabrication Facility In Brookshire, Texas

Rhea-AI Summary

ENG (NASDAQ:ENG) has opened a new state-of-the-art fabrication facility certified by the American Society of Mechanical Engineers (ASME) in Brookshire, Texas. This 45,000 square foot facility complements ENG's existing operations in Henderson, Texas, providing increased capacity to meet client demand for engineering, procurement, fabrication, and construction services. Equipped with advanced cranes, the facility will leverage local businesses and support from ENG's Houston and Tulsa offices. This expansion follows ENG's recent geographic growth into the Permian Basin.

Positive

• New ASME-certified fabrication facility in Brookshire, Texas, will enhance production capacity.
• Facility expansion supports increasing client demand across all markets.
• Utilization of local businesses and labor will benefit the local economy.

Negative

• None.

HOUSTON, TX / ACCESSWIRE / September 28, 2022 / ENG (NASDAQ:ENG), a leading provider of innovative project delivery solutions for the traditional and green energy sectors, today announced the opening of a new state-of-the-art American Society of Mechanical Engineers ("ASME") certified fabrication facility in Brookshire, Texas.

This facility, an addition to ENG's ASME certified fabrication facility in Henderson, Texas, will add significant capacity to meet existing client demand for the company's engineering, procurement, automation, fabrication, and construction services, as well as enable ENG to satisfy increasing client demand for these services across all markets.

The new facility will be housed in a 45,000 square foot building and be equipped with 10 five-ton jib cranes for lifting smaller loads and four 35-ton overhead bridge cranes for moving heavier loads. The facility will support and utilize local businesses, labor and equipment suppliers, enlist engineering support from ENG's Houston and Tulsa offices, and work closely with the company's integration and fabrication facilities in Henderson and East Houston.

"We are excited to add significantly to our production capacity with this top-flight ASME shop, which will readily support client demand while maintaining unparalleled safety and quality across all disciplines including mechanical, piping, structural, electrical, instrumentation and automation," commented ENG CEO Mark Hess.

This announcement follows ENG's geographic expansion into the Permian Basin in March 2022 and a simultaneous major upgrade of the company's processes and equipment capabilities in both of its fabrication and integration facilities.

About ENG

ENG (Nasdaq:ENG) is a leading provider of complete project solutions for renewable and traditional energy throughout the United States and internationally. ENG operates through two business segments: Commercial and Government Services. The Commercial segment provides engineering, design, fabrication, construction and integration of automated control systems, complete gas and liquid processing plants, up-stream well pad services and mid-stream compression and terminals a complete packaged solution for its clients as well as up-stream and mid-stream maintenance services. The Government Services segment provides engineering, design, installation, operations, and maintenance of various government, public sector, and international facilities, specializing in turnkey automation and instrumentation systems for the U.S. Defense industry worldwide. Further information about the Company and its businesses is available at www.englobal.com.

Safe Harbor for Forward-Looking Statements

The statements above regarding the Company's expectations, including those relating to its future results, its operations and certain other matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws and are subject to risks and uncertainties. For a discussion of risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ENG's filings with the Securities and Exchange Commission, including the Company's most recent reports on Form 10-K and 10-Q, and other SEC filings.

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CONTACT:

Market Makers - Investor Relations
Jimmy Caplan
512-329-9505
Email: jimmycaplan@me.com

Market Makers - Media Relations
Rick Eisenberg
212-496-6828
Email: eiscom@msn.com

SOURCE: ENGlobal

View source version on accesswire.com:
https://www.accesswire.com/717637/ENG-Opens-New-Fabrication-Facility-In-Brookshire-Texas

FAQ

What is the significance of ENG's new fabrication facility in Brookshire, Texas?

ENG's new facility enhances production capacity to meet growing client demand for project delivery solutions.

How large is ENG's new fabrication facility?

The new facility is 45,000 square feet and includes advanced lifting equipment.

When did ENG announce the opening of its new facility?

ENG announced the opening on September 28, 2022.

What are the primary services offered by ENG at this new facility?

The facility will support engineering, procurement, fabrication, and construction services.

How does the new facility impact ENG's operations?

The facility allows ENG to satisfy increasing client demand more efficiently.